Netflix, Inc. $NFLX Shares Bought by Glen Eagle Advisors LLC

Glen Eagle Advisors LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 922.3% in the 4th quarter, HoldingsChannel reports. The fund owned 14,425 shares of the Internet television network’s stock after acquiring an additional 13,014 shares during the period. Glen Eagle Advisors LLC’s holdings in Netflix were worth $1,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new position in Netflix during the 3rd quarter worth approximately $25,000. Bare Financial Services Inc grew its holdings in Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 14 shares in the last quarter. Horizon Financial Services LLC grew its holdings in Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in Netflix during the 3rd quarter worth approximately $36,000. Finally, Promus Capital LLC acquired a new position in Netflix during the 3rd quarter worth approximately $48,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

NFLX has been the subject of several analyst reports. New Street Research boosted their price target on shares of Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Phillip Securities boosted their price target on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Bank of America reiterated a “buy” rating and set a $125.00 price target on shares of Netflix in a report on Monday, May 18th. Citic Securities boosted their price objective on shares of Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.39.

Read Our Latest Report on Netflix

Netflix Price Performance

NFLX stock opened at $80.34 on Monday. The company has a fifty day moving average price of $90.93 and a 200 day moving average price of $91.00. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company has a market cap of $338.30 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

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

Insider Activity at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,231,126. This represents a 27.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the transaction, the director owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. The trade was a 99.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,313,029 shares of company stock worth $120,315,776 in the last 90 days. Corporate insiders own 1.24% of the company’s stock.

Trending Headlines about Netflix

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Netflix Company 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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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