Endowment Wealth Management Inc. Purchases 11,795 Shares of Netflix, Inc. $NFLX

Endowment Wealth Management Inc. raised its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 843.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,193 shares of the Internet television network’s stock after buying an additional 11,795 shares during the quarter. Endowment Wealth Management Inc.’s holdings in Netflix were worth $1,237,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of NFLX. Vanguard Group Inc. increased its holdings in Netflix by 912.5% in the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after buying an additional 351,493,659 shares during the period. Baillie Gifford & Co. increased its holdings in Netflix by 912.3% in the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock valued at $3,463,498,000 after buying an additional 33,290,988 shares during the period. Jennison Associates LLC increased its holdings in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock valued at $3,269,594,000 after buying an additional 30,158,900 shares during the period. Legal & General Group Plc increased its holdings in Netflix by 916.1% in the 4th quarter. Legal & General Group Plc now owns 26,522,252 shares of the Internet television network’s stock valued at $2,486,726,000 after buying an additional 23,912,151 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in Netflix by 907.5% in the 4th quarter. Fisher Asset Management LLC now owns 20,490,399 shares of the Internet television network’s stock valued at $1,921,180,000 after buying an additional 18,456,524 shares during the period. 80.93% of the stock is owned by institutional investors.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Netflix Trading Down 1.0%

Shares of Netflix stock opened at $87.68 on Wednesday. The firm’s 50 day moving average is $93.61 and its 200 day moving average is $93.74. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm has a market capitalization of $369.20 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.13 and a beta of 1.55.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same period last year, the company earned $6.61 EPS. The firm’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider directly owned 316,100 shares in the company, valued at $27,842,088. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,422,769 shares of company stock worth $135,144,073 over the last quarter. Insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a report on Friday, April 17th. China Renaissance lifted their price target on shares of Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Rosenblatt Securities decreased their price target on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Citic Securities lifted their price target on shares of Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.82.

View Our Latest Research Report on NFLX

Netflix Profile

(Free Report)

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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