Tsfg LLC Increases Position in Netflix, Inc. $NFLX

Tsfg LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 918.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 12,390 shares of the Internet television network’s stock after acquiring an additional 11,174 shares during the quarter. Tsfg LLC’s holdings in Netflix were worth $1,162,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Apriem Advisors increased its holdings in shares of Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock valued at $1,879,000 after purchasing an additional 9 shares in the last quarter. Tortoise Investment Management LLC increased its holdings in shares of Netflix by 10.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after purchasing an additional 9 shares in the last quarter. Brass Tax Wealth Management Inc. increased its holdings in shares of Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after purchasing an additional 9 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in shares of Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after purchasing an additional 9 shares in the last quarter. Finally, Cornell Pochily Investment Advisors Inc. increased its holdings in shares of Netflix by 2.8% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 362 shares of the Internet television network’s stock valued at $434,000 after purchasing an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix said it has spent more than $135 billion on film and TV over the past decade, reinforcing its scale, content dominance, and position as the leader in streaming. Netflix spent over $135 billion on film, TV over last decade
• Positive Sentiment: Netflix’s recent earnings were solid, with revenue and EPS beating expectations, showing that the business still has strong profitability and growth momentum.
• Neutral Sentiment: Commentary around Wall Street’s view of Netflix suggests investors are still debating the stock’s near-term direction, with sentiment not clearly one-sided. Is Wall Street Bullish or Bearish on Netflix Stock?
• Neutral Sentiment: Media coverage around Netflix’s presence at TV upfronts and higher pricing reflects ongoing monetization efforts, but this is more of a longer-term strategic theme than an immediate stock driver. At TV upfronts, AI is in and corporate shuffles are reshaping the line-up
• Negative Sentiment: Texas Attorney General Ken Paxton sued Netflix, accusing it of illegally collecting user data, spying on consumers, and designing the platform to be addictive; the lawsuit could create legal, regulatory, and reputational pressure on the company. Netflix sued by Texas for allegedly spying on consumers

Netflix Price Performance

Netflix stock opened at $85.45 on Tuesday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The stock has a market capitalization of $359.81 billion, a P/E ratio of 27.60, a P/E/G ratio of 1.11 and a beta of 1.55. The firm’s 50-day moving average is $95.55 and its two-hundred day moving average is $95.62. 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:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 last year, the company earned $6.61 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Insider Activity at Netflix

In related news, Director Reed Hastings sold 407,550 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $93.13, for a total value of $37,955,131.50. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $366,932.20. This trade represents a 99.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,422,769 shares of company stock worth $135,144,073 over the last three months. Company insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

NFLX has been the subject of several recent research reports. Guggenheim set a $120.00 target price on shares of Netflix and gave the company a “buy” rating in a report on Friday, April 17th. Sanford C. Bernstein dropped their target price on shares of Netflix from $115.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, April 17th. Bank of America dropped their target price on shares of Netflix from $149.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 6th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Finally, Wedbush restated an “outperform” rating and set a $118.00 target price on shares of Netflix in a report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average target price of $114.82.

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.