Pure Financial Advisors LLC Buys 27,601 Shares of Netflix, Inc. $NFLX

Pure Financial Advisors LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX) by 1,045.1% in the 4th quarter, Holdings Channel reports. The firm owned 30,242 shares of the Internet television network’s stock after purchasing an additional 27,601 shares during the period. Pure Financial Advisors LLC’s holdings in Netflix were worth $2,835,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NFLX. Brighton Jones LLC raised its holdings in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after purchasing an additional 144 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Netflix by 21.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after purchasing an additional 246 shares in the last quarter. Strategic Investment Advisors MI raised its holdings in Netflix by 18.9% in the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after purchasing an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in Netflix by 12.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after purchasing an additional 228 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Insider Activity at Netflix

In related news, insider David A. Hyman sold 5,722 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This represents a 1.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,453,217 shares of company stock worth $137,676,777 in the last ninety days. 1.37% of the stock is currently owned by company insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
• Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
• Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
• Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
• Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?

Wall Street Analyst Weigh In

Several research analysts have commented on NFLX shares. Rosenblatt Securities decreased their price objective on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Bank of America decreased their price objective on shares of Netflix from $149.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 6th. Cfra upgraded shares of 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. UBS Group set a $104.00 price target on shares of Netflix in a research note on Tuesday, January 27th. Finally, Phillip Securities increased their price target on shares of Netflix from $100.00 to $110.00 in a research note on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Netflix Stock Down 0.0%

Shares of Netflix stock opened at $87.45 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The company has a 50-day moving average of $95.44 and a 200 day moving average of $95.75. The firm has a market cap of $368.22 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 1.11 and a beta of 1.55. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

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 the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. Netflix’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period last year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal 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.