Constant Guidance Financial LLC Grows Stock Position in Netflix, Inc. $NFLX

Constant Guidance Financial LLC raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 1,208.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,673 shares of the Internet television network’s stock after buying an additional 27,405 shares during the quarter. Netflix comprises 1.9% of Constant Guidance Financial LLC’s holdings, making the stock its 12th largest position. Constant Guidance Financial LLC’s holdings in Netflix were worth $2,782,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Financial Corp IN raised its stake in shares of Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its stake in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC purchased a new position in shares of Netflix in the third quarter worth about $25,000. Finally, MB Levis & Associates LLC raised its stake in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after purchasing an additional 192 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Down 0.4%

Shares of NFLX opened at $87.35 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The stock’s 50 day moving average is $93.45 and its two-hundred day moving average is $93.59. The firm has a market cap of $367.81 billion, a P/E ratio of 28.21, a PEG ratio of 1.11 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $12.17 billion. During the same period last year, the company earned $6.61 earnings per share. Netflix’s quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Rosenblatt Securities reduced their price objective on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Oppenheimer set a $120.00 price objective on Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Wells Fargo & Company assumed coverage on Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective for the company. Barclays set a $110.00 price objective on Netflix and gave the stock an “equal weight” rating in a research note on Friday, April 17th. Finally, KeyCorp restated an “overweight” rating and issued a $115.00 price objective (up from $108.00) on shares of Netflix in a research note on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the company. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and a consensus target price of $114.82.

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 9,253 shares of Netflix stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,422,769 shares of company stock valued at $135,144,073 in the last 90 days. Corporate insiders own 1.24% of the company’s stock.

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.