Evanson Asset Management LLC Has $694,000 Stock Position in Netflix, Inc. $NFLX

Evanson Asset Management LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 915.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,401 shares of the Internet television network’s stock after acquiring an additional 6,672 shares during the period. Evanson Asset Management LLC’s holdings in Netflix were worth $694,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after acquiring an additional 257 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after purchasing an additional 144 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Netflix by 21.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after purchasing an additional 246 shares in the last quarter. Strategic Investment Advisors MI raised its position in Netflix by 18.9% in the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after purchasing an additional 123 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its position in Netflix by 12.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock valued at $2,832,000 after purchasing an additional 228 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Netflix

In related news, Director Reed Hastings sold 410,550 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.01, for a total value of $39,827,455.50. Following the transaction, the director owned 3,940 shares in the company, valued at $382,219.40. The trade was a 99.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $7,157,339. This trade represents a 27.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,520,133 shares of company stock valued at $137,259,786 over the last 90 days. 1.37% of the stock is owned by company insiders.

Netflix Price Performance

Netflix stock opened at $90.92 on Wednesday. The stock’s 50 day moving average is $86.96 and its 200 day moving average is $101.27. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The firm has a market cap of $383.88 billion, a P/E ratio of 35.98, a P/E/G ratio of 1.43 and a beta of 1.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the prior year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, research analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

More Netflix News

Here are the key news stories impacting Netflix this week:

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NFLX. Piper Sandler restated a “positive” rating and set a $103.00 price target (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. The Goldman Sachs Group reiterated a “neutral” rating and set a $100.00 target price (down from $112.00) on shares of Netflix in a research report on Wednesday, January 21st. Royal Bank Of Canada reissued a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. Moffett Nathanson decreased their price target on shares of Netflix from $140.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Finally, Benchmark reaffirmed a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and a consensus price target of $114.35.

Check Out 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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