Fi3 FINANCIAL ADVISORS LLC Purchases 8,240 Shares of Netflix, Inc. $NFLX

Fi3 FINANCIAL ADVISORS LLC raised its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 919.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,136 shares of the Internet television network’s stock after purchasing an additional 8,240 shares during the quarter. Fi3 FINANCIAL ADVISORS LLC’s holdings in Netflix were worth $857,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of NFLX. First Financial Corp IN increased its stake in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its position in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after buying an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its position in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 268 shares during the last quarter. Imprint Wealth LLC purchased a new position in Netflix in the 3rd quarter worth about $25,000. Finally, MB Levis & Associates LLC raised its position in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after buying an additional 192 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of recent analyst reports. Barclays set a $110.00 target price on Netflix and gave the stock an “equal weight” rating in a research report on Friday, April 17th. Citizens Jmp reissued a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. The Goldman Sachs Group raised Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Susquehanna raised Netflix to a “positive” rating and set a $112.00 target price for the company in a research report on Wednesday, January 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Netflix in a research 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 sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average target price of $114.82.

View Our Latest Research Report on NFLX

Insider Activity

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 1,422,769 shares of company stock worth $135,144,073. Company insiders own 1.24% of the company’s stock.

Netflix Price Performance

NASDAQ NFLX opened at $88.09 on Thursday. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm has a market capitalization of $370.93 billion, a P/E ratio of 28.45, a PEG ratio of 1.14 and a beta of 1.55. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $94.16 and a 200-day moving average price of $94.34.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating 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 firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the prior year, the firm earned $6.61 EPS. The business’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 research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

Netflix Company 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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