Momentum Wealth Planning LLC Increases Position in Netflix, Inc. $NFLX

Momentum Wealth Planning LLC lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 761.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,330 shares of the Internet television network’s stock after acquiring an additional 6,479 shares during the quarter. Netflix accounts for about 0.5% of Momentum Wealth Planning LLC’s investment portfolio, making the stock its 28th biggest position. Momentum Wealth Planning LLC’s holdings in Netflix were worth $687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NFLX. Imprint Wealth LLC bought a new stake in Netflix in the third quarter valued at about $25,000. Bare Financial Services Inc increased its holdings in Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 14 shares during the last quarter. Horizon Financial Services LLC increased its holdings in Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in Netflix in the third quarter valued at about $36,000. Finally, Marquette Asset Management LLC bought a new stake in Netflix in the third quarter valued at about $44,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is in negotiations to buy the historic Radford Studio Center, a move that could lower production costs, give Netflix more control over studio capacity and protect content pipelines — a long?term margin tailwind. Netflix In Negotiations To Buy Radford Studios
• Positive Sentiment: Wall Street and notable investors are buying the dip: JPMorgan called it a buying opportunity and several firms (Phillip Securities, Seaport Research) raised targets or reiterated buys; ARK/Cathie Wood has been accumulating — these actions support upside vs. the recent pullback. Buy the Dip in Netflix Stock Now, Says JPMorgan Phillip Securities Adjusts Price Target on Netflix Cathie Wood Is Buying Netflix Again
• Neutral Sentiment: Strategic narrative shift — analysts and commentators highlight Netflix’s “pivot to profit” (focus on ad revenue, sports/events, gaming and 2026 margin targets). This supports a longer?term thesis but requires execution; it’s more a structural positive than an immediate catalyst.
• Negative Sentiment: An Italian court ruled some past price increases unlawful and ordered refunds to subscribers, creating a regulatory/legal headwind that could limit pricing flexibility in Europe and set a precedent for other markets. Italian court rules every Netflix price hike from 2017 to 2024 unlawful
• Negative Sentiment: Near?term sentiment was hit by softer Q2 guidance and the announced exit of co?founder Reed Hastings from the board; that guidance miss prompted the recent selloff and remains the primary driver of short?term downward pressure. Netflix Shares Drop As Soft Outlook, Reed Hastings Exit Weigh On Sentiment

Insider Activity at Netflix

In other news, insider Cletus R. Willems sold 3,136 shares of Netflix stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the sale, the chief executive officer directly owned 122,140 shares in the company, valued at approximately $10,166,933.60. This trade represents a 18.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,487,794 shares of company stock valued at $136,255,772. Company insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

NFLX has been the subject of several research analyst reports. Rosenblatt Securities lowered their price objective on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Weiss Ratings lowered Netflix from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 22nd. Moffett Nathanson boosted their price objective on Netflix from $115.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Bank of America decreased their target price on Netflix from $149.00 to $125.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Finally, Jefferies Financial Group lowered their target price on Netflix from $134.00 to $128.00 and set a “buy” rating for the company in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.85.

Netflix Stock Performance

NFLX opened at $92.58 on Wednesday. The business’s 50 day moving average is $92.68 and its 200-day moving average is $98.06. The stock 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 current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts predict that Netflix, Inc. will post 3.19 earnings per share for the current year.

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.