King Luther Capital Management Corp Has $167.12 Million Position in Netflix, Inc. $NFLX

King Luther Capital Management Corp increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 1,173.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,782,433 shares of the Internet television network’s stock after purchasing an additional 1,642,495 shares during the quarter. King Luther Capital Management Corp’s holdings in Netflix were worth $167,121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Key Financial Inc lifted its holdings in Netflix by 740.7% during the 4th quarter. Key Financial Inc now owns 4,380 shares of the Internet television network’s stock worth $411,000 after purchasing an additional 3,859 shares during the last quarter. Employees Retirement System of Texas lifted its holdings in Netflix by 389.8% during the 4th quarter. Employees Retirement System of Texas now owns 562,728 shares of the Internet television network’s stock worth $52,761,000 after purchasing an additional 447,839 shares during the last quarter. Expressive Wealth LLC acquired a new stake in Netflix during the 4th quarter worth approximately $472,000. Syverson Strege & Co lifted its holdings in Netflix by 829.2% during the 4th quarter. Syverson Strege & Co now owns 10,770 shares of the Internet television network’s stock worth $1,010,000 after purchasing an additional 9,611 shares during the last quarter. Finally, Cypress Capital Management LLC WY lifted its holdings in Netflix by 900.0% during the 4th quarter. Cypress Capital Management LLC WY now owns 1,240 shares of the Internet television network’s stock worth $116,000 after purchasing an additional 1,116 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Netflix

In other news, CFO Spencer Adam Neumann sold 57,260 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their position. The transaction 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 on 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 directly owned 3,940 shares of the company’s stock, valued at $376,230.60. This trade represents a 99.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,422,769 shares of company stock worth $135,144,073 in the last three months. Insiders own 1.24% of the company’s stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Analysts and market commentary continue to highlight Netflix’s expanding ad-tier opportunity, content strategy, and disciplined deal-making as reasons the long-term investment case remains intact. How The Netflix (NFLX) Investment Story Is Shifting Around Ads Content And Deal Discipline
• Positive Sentiment: Netflix’s push into live sports is being seen as a potential new revenue driver, with engagement gains such as strong Japan sign-ups around the World Baseball Classic supporting the growth narrative. NFLX Rides on Sports Content Engagement: New Revenue Growth Catalyst?
• Positive Sentiment: Some investors remain focused on Netflix’s long-term dominance in streaming, citing its massive historical share gains and strong competitive moat. Does Netflix Have the Widest Moat in Streaming?
• Neutral Sentiment: Netflix is drawing unusually high investor attention, but the coverage is mostly a reminder to watch upcoming catalysts rather than a clear new fundamental development. Netflix, Inc. (NFLX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Recent commentary notes that Netflix’s shares are attracting attention and that the company is continuing to explore AI animation, though this has also sparked social-media criticism and is not yet a clear financial catalyst. Netflix is betting big on an AI animation studio — even as 51% of people say they don’t want generative AI content
• Negative Sentiment: One article specifically noted that Netflix closed lower in the latest session, reinforcing the recent weakness in the stock. Netflix (NFLX) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: There is also some near-term margin pressure from heavier content spending, even as Netflix invests in sports and other growth areas. NFLX Rides on Sports Content Engagement: New Revenue Growth Catalyst?

Netflix Price Performance

Netflix stock opened at $87.68 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The stock has a market capitalization of $369.20 billion, a P/E ratio of 28.32, a price-to-earnings-growth ratio of 1.13 and a beta of 1.55. The stock has a fifty day moving average of $93.61 and a 200-day moving average of $93.74.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter in the previous year, the firm earned $6.61 EPS. Netflix’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. Rosenblatt Securities dropped 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. China Renaissance lifted their price objective on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Cfra raised Netflix from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Friday, March 6th. Finally, Barclays set a $110.00 price objective on Netflix and gave the company an “equal weight” rating in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.