Netflix, Inc. $NFLX Shares Purchased by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 574.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 72,384 shares of the Internet television network’s stock after acquiring an additional 61,647 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Netflix were worth $6,799,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NFLX. Vanguard Group Inc. raised its stake in shares of Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after purchasing an additional 142,238 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Netflix by 875.7% during the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock valued at $2,920,000 after purchasing an additional 27,951 shares during the period. Contravisory Investment Management Inc. raised its stake in shares of Netflix by 837.2% during the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock valued at $10,443,000 after purchasing an additional 99,496 shares during the period. Crew Capital Management Ltd raised its stake in shares of Netflix by 1,021.9% during the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after purchasing an additional 8,226 shares during the period. Finally, BNC Wealth Management LLC raised its stake in shares of Netflix by 991.3% during the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock valued at $3,866,000 after purchasing an additional 37,451 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Down 2.4%

Shares of NASDAQ:NFLX opened at $92.58 on Wednesday. The firm has a market cap of $389.84 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 1.25 and a beta of 1.67. The company has a fifty day simple moving average of $92.68 and a 200 day simple moving average of $98.06. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share 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 for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the prior year, the company earned $6.61 earnings per share. 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 3.19 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,727 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at $25,623,066. This represents a 1.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is owned by company insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 beat and strong free cash flow bolster the bull case — analysts and investors point to robust FCF/margins as support for higher long?term valuation and improved earnings leverage. Netflix Generates Massive FCF and FCF Margins
• Positive Sentiment: Netflix is negotiating to buy the historic Radford Studio Center — owning production real estate could lower content costs over time and improve control of supply. Netflix plans to buy historic Radford Studio Center
• Positive Sentiment: Buy?the?dip demand from notable investors and upbeat analyst notes (e.g., Guggenheim, JPMorgan commentary, ARK purchases) provide short?term support and suggest some firms view the pullback as a buying opportunity. ‘Attractively Valued’: Analyst Bets Big On Netflix’s Multi-Year Growth Run ARK Invest Snaps Up Netflix (NFLX) After Earnings Drop
• Neutral Sentiment: The Obamas’ production company signaled it will pursue non?exclusive distribution after an awards win — this reduces guaranteed exclusivity but could expand production opportunities and revenue streams. Obamas Say No More Netflix Exclusivity After Academy Award Win
• Negative Sentiment: Softer Q2 guidance and a murky forward subscriber outlook triggered the initial selloff — investors are focused on near?term growth and margin trajectory. Netflix Shares Drop As Soft Outlook, Reed Hastings Exit Weigh On Sentiment
• Negative Sentiment: Board changes (Reed Hastings’ exit) and leadership transition headlines add uncertainty around strategic direction. Netflix Shares Drop As Soft Outlook, Reed Hastings Exit Weigh On Sentiment
• Negative Sentiment: Italian court ruled past price hikes unlawful and ordered refunds, creating regulatory/PR risk around pricing policy in Europe. Italian court rules every Netflix price hike from 2017 to 2024 unlawful
• Negative Sentiment: Mixed analyst actions and several price?target cuts add downward pressure on sentiment despite some raises — the tape is volatile as models are re?priced to reflect the guidance miss. Buy the Dip in Netflix Stock Now, Says JPMorgan

Analyst Ratings Changes

A number of brokerages recently issued reports on NFLX. Cfra upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research note on Friday, March 6th. New Street Research lifted their price target on shares of Netflix from $96.00 to $102.00 in a research note on Friday, April 17th. Guggenheim set a $120.00 price target on shares of Netflix and gave the stock a “buy” rating in a research note on Friday. Royal Bank Of Canada restated a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. Finally, Susquehanna upgraded shares of Netflix to a “positive” rating and set a $112.00 price target for the company in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.85.

About Netflix

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.