Shepherd Street Advisors LLC Makes New $2.22 Million Investment in Netflix, Inc. $NFLX

Shepherd Street Advisors LLC bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 23,631 shares of the Internet television network’s stock, valued at approximately $2,216,000. Netflix makes up approximately 2.1% of Shepherd Street Advisors LLC’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds have also recently made changes to their positions in NFLX. Apriem Advisors raised its position in Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after purchasing an additional 9 shares during the period. Tortoise Investment Management LLC boosted its stake in shares of Netflix by 10.8% during the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after purchasing an additional 9 shares in the last quarter. Brass Tax Wealth Management Inc. boosted its stake in shares of Netflix by 3.2% during the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after purchasing an additional 9 shares in the last quarter. Pacific Sun Financial Corp boosted its stake in shares of Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after purchasing an additional 9 shares in the last quarter. Finally, Black Diamond Financial LLC boosted its stake in Netflix by 5.2% in the third quarter. Black Diamond Financial LLC now owns 202 shares of the Internet television network’s stock valued at $242,000 after acquiring an additional 10 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Down 2.9%

NASDAQ:NFLX opened at $83.33 on Wednesday. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The firm has a fifty day simple moving average of $93.00 and a 200-day simple moving average of $93.09. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $350.89 billion, a P/E ratio of 26.92, a PEG ratio of 1.09 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping 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 business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the firm posted $6.61 earnings per share. The business’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. On average, equities research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to expand beyond core streaming, with new live-content initiatives and franchise-based consumer product deals that could create additional revenue streams over time.
• Positive Sentiment: Some analysts view Netflix as attractively priced after the pullback, noting that it is trading closer to its 52-week low while free cash flow guidance has improved and the ad business is scaling.
• Neutral Sentiment: Recent commentary focuses on whether Netflix has shifted from a pure growth story toward a more mature, value-like profile, which could change how investors judge the stock.
• Neutral Sentiment: Media coverage on June streaming lineups may help keep Netflix’s content slate in view, but it is not a clear near-term catalyst on its own.
• Negative Sentiment: Netflix stock has been falling even as the broader market rises, reflecting weaker momentum and investor concerns about its premium valuation relative to recent performance.
• Negative Sentiment: Director Reed Hastings sold 386,700 shares in a pre-arranged 10b5-1 plan, which may add to negative sentiment even though the sale was planned in advance.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were 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 of the company’s stock, valued at $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 386,700 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. This trade represents a 98.99% 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. In the last ninety days, insiders sold 1,313,029 shares of company stock valued at $120,315,776. Company insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Wells Fargo & Company assumed coverage on shares of Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 target price for the company. Barclays set a $110.00 target price on shares of Netflix and gave the company an “equal weight” rating in a research note on Friday, April 17th. Bank of America restated a “buy” rating and issued a $125.00 target price on shares of Netflix in a research note on Monday, May 18th. HSBC raised their target price on shares of Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Finally, Weiss Ratings upgraded shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.82.

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.