Spectrum Strategic Capital Management LLC Increases Holdings in Netflix, Inc. $NFLX

Spectrum Strategic Capital Management LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 2,067.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,382 shares of the Internet television network’s stock after buying an additional 9,903 shares during the period. Spectrum Strategic Capital Management LLC’s holdings in Netflix were worth $973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of NFLX. Vanguard Group Inc. lifted its holdings in Netflix by 912.5% during the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after buying an additional 351,493,659 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in Netflix by 912.3% during the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock worth $3,463,498,000 after buying an additional 33,290,988 shares during the last quarter. Jennison Associates LLC lifted its holdings in Netflix by 639.9% during the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock worth $3,269,594,000 after buying an additional 30,158,900 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Netflix by 891.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock worth $1,134,487,000 after buying an additional 10,879,276 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Netflix by 850.7% during the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network’s stock worth $1,018,062,000 after buying an additional 9,716,017 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Raymond James Financial reaffirmed a “market perform” rating on shares of Netflix in a report on Thursday. Phillip Securities lifted their target price on Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Citigroup assumed coverage on Netflix in a research report on Thursday, April 16th. They issued a “market perform” rating for the company. Bank of America dropped their price target on Netflix from $149.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Finally, Rothschild & Co Redburn set a $120.00 price target on Netflix in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $114.82.

Insider Transactions at Netflix

In related news, Director Reed Hastings sold 420,550 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director owned 3,940 shares in the company, valued at $376,230.60. The trade was a 99.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the transaction, the chief executive officer owned 120,931 shares in the company, valued at $10,725,370.39. This trade represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,422,769 shares of company stock worth $135,144,073 over the last three months. 1.24% of the stock is currently owned by company insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several analysts reaffirmed bullish ratings and targets, citing Netflix’s expanding ad tier, strong engagement, and improving monetization outlook.
• Positive Sentiment: Netflix extended its relationship with the NFL and will stream more games, adding another high-profile live content driver that could help attract viewers and advertisers.
• Positive Sentiment: Netflix is also building out event-based programming, including its first live MMA card and a concert tour tied to KPop Demon Hunters, which reinforces its push beyond traditional streaming.

Netflix Stock Performance

NFLX opened at $87.02 on Monday. The firm has a market cap of $366.42 billion, a price-to-earnings ratio of 28.11, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The business’s 50 day moving average is $94.74 and its two-hundred day moving average is $94.67. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The firm 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 firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Netflix Profile

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.