Cynosure Group LLC Acquires 7,590 Shares of Netflix, Inc. $NFLX

Cynosure Group LLC increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 607.2% during the 4th quarter, HoldingsChannel reports. The firm owned 8,840 shares of the Internet television network’s stock after buying an additional 7,590 shares during the period. Cynosure Group LLC’s holdings in Netflix were worth $829,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in Netflix by 875.7% in the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after purchasing an additional 27,951 shares in the last quarter. Contravisory Investment Management Inc. raised its holdings in Netflix by 837.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock worth $10,443,000 after purchasing an additional 99,496 shares in the last quarter. BNC Wealth Management LLC raised its holdings in Netflix by 991.3% in the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock worth $3,866,000 after purchasing an additional 37,451 shares in the last quarter. Finally, Crew Capital Management Ltd raised its holdings in Netflix by 1,021.9% in the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock worth $847,000 after purchasing an additional 8,226 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Reed Hastings sold 420,550 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were 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 approximately $376,230.60. This represents a 99.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 transaction, the chief executive officer owned 284,804 shares in the company, valued at approximately $25,054,207.88. This trade represents 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 1,313,029 shares of company stock worth $120,315,776 in the last quarter. 1.24% of the stock is currently owned by corporate insiders.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix expanded its partnership with iHeartMedia, adding new celebrity-led video podcasts and live daily broadcasts, including exclusive video episodes from names like Kate Hudson and Martha Stewart. The move broadens Netflix’s content mix beyond movies and series and could help attract more viewers and advertisers. Article Title
• Positive Sentiment: Investor commentary highlighted Netflix as a quality growth stock trading at a compressed valuation after its pullback, suggesting some market participants see the shares as a buying opportunity. That kind of “buy-the-dip” narrative can support sentiment. Article Title
• Positive Sentiment: Another report argued that Netflix has a path toward a billion monthly viewers by 2027, reinforcing the idea that the company still has substantial long-term scale potential. Article Title
• Neutral Sentiment: Netflix announced it will report second-quarter 2026 financial results on July 16, which puts upcoming earnings back in focus but does not itself change fundamentals today. Article Title
• Neutral Sentiment: Coverage of the broader streaming sector noted intensified competition from Apple and Disney, while the Fox-Roku deal and media consolidation headlines may be increasing investor focus on industry scale and content power. Article Title
• Negative Sentiment: Tyra Banks is suing Netflix over alleged deceptive editing in a documentary, adding a legal overhang that could create reputational or financial risk, though the immediate impact appears limited. Article Title

Netflix Stock Performance

NFLX opened at $81.67 on Tuesday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. 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 $343.90 billion, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 1.02 and a beta of 1.50. The firm’s 50-day moving average price is $90.59 and its 200-day moving average price is $90.84.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data 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. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the company posted $6.61 earnings per share. The company’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. As a group, equities analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on NFLX. TD Cowen reiterated a “buy” rating on shares of Netflix in a report on Thursday, May 14th. The Goldman Sachs Group upgraded shares of Netflix from a “neutral” rating to a “buy” rating in a report on Monday, April 13th. Weiss Ratings upgraded shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Phillip Securities boosted their target price on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Finally, Piper Sandler restated an “overweight” rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and a consensus target price of $114.39.

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.