LGT Capital Partners LTD. Has $17.51 Million Holdings in Netflix, Inc. $NFLX

LGT Capital Partners LTD. lifted its stake in Netflix, Inc. (NASDAQ:NFLX) by 1,257.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 186,700 shares of the Internet television network’s stock after buying an additional 172,950 shares during the quarter. LGT Capital Partners LTD.’s holdings in Netflix were worth $17,505,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on NFLX shares. Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. Guggenheim restated a “buy” rating and set a $120.00 price target on shares of Netflix in a research report on Friday, May 15th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Rosenblatt Securities decreased their price target on Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Finally, Wolfe Research restated an “outperform” rating and set a $107.00 price target on shares of Netflix in a research report on Friday, April 17th. Two investment 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 company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at $10,725,370.39. This represents a 18.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares in the company, valued at $25,054,207.88. The trade was a 8.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,313,029 shares of company stock worth $120,315,776 over the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Netflix Stock Performance

NFLX stock opened at $82.64 on Tuesday. The business’s fifty day moving average is $91.99 and its 200-day moving average is $91.72. 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 market cap of $347.98 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLX) last posted 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 the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is expanding its World Cup-related programming and will launch a FIFA World Cup mobile game on Netflix Games, which could boost engagement, app usage, and subscriber retention. Netflix Leans Into World Cup With New Specials And FIFA World Cup Game
• Positive Sentiment: Coverage highlighting Netflix as one of the best blue-chip or quality growth stocks under $100 is reinforcing the bull case that the stock remains attractive despite recent underperformance. Here’s Why Netflix (NFLX) Is One of the Best Blue Chip Stocks Under $100 to Buy Now
• Positive Sentiment: Netflix is rolling out generative AI tools, including voice search and mood-based recommendations, to make its large content library easier to navigate and reduce “content overload,” which may improve user experience and engagement. Netflix Rolls Out Generative AI Tools to Fix the Content Overload Problem It Created
• Positive Sentiment: Analyst and commentary pieces are speculating about Netflix’s long-term upside, including a path toward a trillion-dollar valuation by 2030, which supports a constructive sentiment around future earnings power. Will Netflix Become a Trillion-Dollar Stock by 2030?

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.