SG Trading Solutions LLC Purchases Shares of 21,921 Netflix, Inc. $NFLX

SG Trading Solutions LLC acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 21,921 shares of the Internet television network’s stock, valued at approximately $2,055,000.

Several other institutional investors have also recently modified their holdings of the company. Pacer Advisors Inc. boosted its holdings in shares of Netflix by 915.9% in the 4th quarter. Pacer Advisors Inc. now owns 657,687 shares of the Internet television network’s stock valued at $61,665,000 after acquiring an additional 592,948 shares during the last quarter. Nolet Wealth Management LLC purchased a new stake in Netflix in the fourth quarter valued at $295,000. Stone Wealth Partners purchased a new stake in Netflix in the fourth quarter valued at $389,000. Floyd Financial Group LLC grew its position in Netflix by 1,178.7% during the 4th quarter. Floyd Financial Group LLC now owns 7,199 shares of the Internet television network’s stock worth $675,000 after purchasing an additional 6,636 shares during the period. Finally, Drake & Associates LLC grew its position in Netflix by 898.4% during the 4th quarter. Drake & Associates LLC now owns 13,469 shares of the Internet television network’s stock worth $1,263,000 after purchasing an additional 12,120 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NFLX. Wedbush reissued an “outperform” rating and issued a $118.00 price objective on shares of Netflix in a report on Thursday, April 16th. Wells Fargo & Company started coverage on Netflix in a report on Monday, March 9th. They set an “equal weight” rating and a $105.00 target price on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a research report on Thursday, May 14th. DZ Bank reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. Finally, Barclays set a $110.00 price objective on Netflix and gave the stock an “equal weight” rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Netflix has an average rating of “Moderate Buy” and a consensus price target of $114.26.

Insider Activity

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following 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. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 transaction of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. The trade was a 99.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,349,019 shares of company stock worth $123,105,721. Insiders own 1.24% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Commentary says Netflix is trading at its cheapest valuation in years, which some investors view as a buying opportunity if the company can keep growing ads, pricing, and broader monetization. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Positive Sentiment: Netflix’s exclusive TV partnership with Ryan Coogler’s Proximity Media and its interest in more broadcaster deals suggest new ways to expand content reach and partnership-driven growth. Netflix (NFLX) Secures Ryan Coogler TV Deal For Exclusive New Series
• Positive Sentiment: Strong engagement around KPop Demon Hunters is highlighting Netflix’s ability to create major hits that keep users engaged and reinforce the strength of its content library. ‘KPop Demon Hunters’ Just Set Its Final Netflix Record
• Neutral Sentiment: Some analysts frame Netflix as more than a streaming stock now, pointing to its evolving monetization model and broader platform strategy. Netflix (NFLX) Is More Than a Streaming Stock Now. I Like the Opportunity
• Negative Sentiment: A director sold about $2.8 million of NFLX shares under a pre-arranged trading plan, which can still weigh on sentiment even if it was not a discretionary bearish call. Netflix (NASDAQ:NFLX) Director Sells $2,789,944.80 in Stock
• Negative Sentiment: Ongoing headlines about the Lionsgate rumor being denied, concerns over a lack of near-term catalysts, and comparisons favoring Amazon over Netflix have reinforced cautious investor sentiment. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)

Netflix Price Performance

Shares of Netflix stock opened at $77.38 on Friday. The firm has a market cap of $325.83 billion, a PE ratio of 24.99, a P/E/G ratio of 0.98 and a beta of 1.50. Netflix, Inc. has a twelve month low of $75.01 and a twelve month 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 business has a 50-day moving average price of $88.88 and a 200 day moving average price of $90.14.

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, 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 for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the business posted $6.61 earnings per share. Netflix’s revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Netflix Company 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.