HB Wealth Management LLC Increases Stock Holdings in Netflix, Inc. $NFLX

HB Wealth Management LLC increased its position in Netflix, Inc. (NASDAQ:NFLX) by 6.6% in the first quarter, Holdings Channel.com reports. The fund owned 237,387 shares of the Internet television network’s stock after acquiring an additional 14,756 shares during the quarter. HB Wealth Management LLC’s holdings in Netflix were worth $22,825,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Plimoth Trust Co. LLC increased its holdings in Netflix by 53.7% during the 1st quarter. Plimoth Trust Co. LLC now owns 18,714 shares of the Internet television network’s stock worth $1,799,000 after acquiring an additional 6,540 shares during the period. Investors Asset Management of Georgia Inc. GA ADV lifted its stake in Netflix by 60.3% in the 1st quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 16,275 shares of the Internet television network’s stock worth $1,565,000 after purchasing an additional 6,125 shares in the last quarter. Osborne Partners Capital Management LLC bought a new position in Netflix in the 1st quarter valued at $7,308,000. PFG Investments LLC boosted its holdings in Netflix by 6.8% in the 1st quarter. PFG Investments LLC now owns 88,412 shares of the Internet television network’s stock valued at $8,501,000 after purchasing an additional 5,605 shares during the period. Finally, Kelman Lazarov Inc. grew its position in shares of Netflix by 4.4% during the 1st quarter. Kelman Lazarov Inc. now owns 11,657 shares of the Internet television network’s stock valued at $1,121,000 after purchasing an additional 494 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. TD Cowen reissued a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Weiss Ratings cut Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Oppenheimer set a $120.00 target price on Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, President Capital raised their price target on Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $114.26.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix rallied after reports clarified that a large-scale NBCUniversal acquisition was not an imminent goal, easing takeover-related anxiety and helping investors focus back on fundamentals. Why Netflix (NFLX) Stock Is Up Today
• Positive Sentiment: Analyst commentary and investor coverage highlighted Netflix’s ad growth, pricing power, and improving free cash flow outlook as key drivers that could support the stock into earnings. Netflix Gears Up to Report Q2 Earnings: Buy, Sell or Hold the Stock?
• Positive Sentiment: Netflix’s recent AI advertising partnership with Omnicom Media Group boosted sentiment by reinforcing the company’s monetization strategy for its ad-supported tier. Netflix (NFLX) Is Up 9.5% After AI Ad Tie-Up With Omnicom Media Group – Has The Bull Case Changed?
• Neutral Sentiment: Several articles framed Netflix as a potential value or turnaround idea after a sharp six-month decline, but these were mostly opinion pieces rather than new company-specific catalysts. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Neutral Sentiment: Coverage from Jim Cramer and other commentators argued the market may be too pessimistic about Netflix’s growth, but this did not reflect a new operating update. Jim Cramer Believes the Market Is Wrong About Netflix
• Negative Sentiment: A TipRanks AI Analyst downgrade and reduced price target added caution, citing growing near-term risks for Netflix (NFLX). AI Analyst Downgrades Netflix Stock, Cuts Price Target as Near-Term Risks Grow
• Negative Sentiment: Broader commentary still notes Netflix’s stock has lagged the market over the past six months, with softer quarterly results contributing to investor disappointment. Netflix (NFLX): 3 Reasons We Love This Stock

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $77.65 on Friday. The company’s fifty day moving average price is $83.46 and its 200-day moving average price is $88.29. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $326.97 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 0.99 and a beta of 1.52. Netflix, Inc. has a one year low of $70.86 and a one year high of $130.23.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the firm posted $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. On average, equities research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the transaction, the director directly owned 79,690 shares in the company, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by company insiders.

Netflix Company Profile

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.