Main Management ETF Advisors LLC Purchases 6,920 Shares of Netflix, Inc. $NFLX

Main Management ETF Advisors LLC lifted its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 892.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,695 shares of the Internet television network’s stock after acquiring an additional 6,920 shares during the quarter. Main Management ETF Advisors LLC’s holdings in Netflix were worth $721,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NFLX. First Financial Corp IN lifted its holdings in shares of Netflix by 900.0% in 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. lifted its holdings in Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. lifted its holdings 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 valued at $25,000 after buying an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new stake in Netflix during the 3rd quarter valued at about $25,000. Finally, MB Levis & Associates LLC lifted its holdings in Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after buying an additional 192 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NASDAQ NFLX opened at $86.02 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $362.21 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 1.09 and a beta of 1.50. The company’s 50-day simple moving average is $93.12 and its two-hundred day simple moving average is $93.14. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts forecast that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NFLX. Barclays set a $110.00 price objective on shares of Netflix and gave the company an “equal weight” rating in a report on Friday, April 17th. Piper Sandler reiterated 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. Seaport Research Partners lifted their price objective on shares of Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a report on Friday, April 17th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Netflix in a report on Wednesday, April 22nd. Finally, Wedbush reiterated an “outperform” rating and set a $118.00 price objective on shares of Netflix in a report on Thursday, April 16th. Two 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 presently has a consensus rating of “Moderate Buy” and an average price target of $114.82.

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Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

Insider Buying and Selling at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the firm’s 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 transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 28,630 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at $7,231,126. This trade represents a 27.95% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 926,329 shares of company stock worth $87,071,177. 1.24% of the stock is currently owned by company insiders.

Netflix Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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