Fox Hill Wealth Management increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 339.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,718 shares of the Internet television network’s stock after buying an additional 19,869 shares during the period. Netflix accounts for approximately 1.1% of Fox Hill Wealth Management’s holdings, making the stock its 25th biggest holding. Fox Hill Wealth Management’s holdings in Netflix were worth $2,411,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Founders Financial Alliance LLC lifted its position in Netflix by 1,066.9% during the 4th quarter. Founders Financial Alliance LLC now owns 14,388 shares of the Internet television network’s stock worth $1,349,000 after buying an additional 13,155 shares in the last quarter. Resurgent Financial Advisors LLC raised its holdings in Netflix by 201.5% during the 4th quarter. Resurgent Financial Advisors LLC now owns 3,274 shares of the Internet television network’s stock worth $307,000 after purchasing an additional 2,188 shares during the last quarter. Sustainable Insight Capital Management LLC raised its holdings in Netflix by 1,762.1% during the 4th quarter. Sustainable Insight Capital Management LLC now owns 38,080 shares of the Internet television network’s stock worth $3,570,000 after purchasing an additional 36,035 shares during the last quarter. RKL Wealth Management LLC raised its holdings in Netflix by 1,123.4% during the 4th quarter. RKL Wealth Management LLC now owns 2,618 shares of the Internet television network’s stock worth $245,000 after purchasing an additional 2,404 shares during the last quarter. Finally, Investment Research Partners LLC raised its holdings in Netflix by 906.1% during the 4th quarter. Investment Research Partners LLC now owns 4,447 shares of the Internet television network’s stock worth $417,000 after purchasing an additional 4,005 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Netflix Stock Performance
Shares of NFLX stock opened at $81.27 on Friday. 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 stock has a market cap of $342.21 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. The stock has a 50-day moving average of $91.23 and a 200-day moving average of $91.19. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.
Key Stories Impacting Netflix
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Omdia forecasts Netflix could reach nearly 400 million subscribers by 2031, reinforcing its leadership in global streaming and supporting the long-term bull case. Omdia: Netflix to Reach 400 Million Subscribers by 2031, Maintaining Global Streaming Lead Despite Industry Consolidation
- Positive Sentiment: Netflix is expanding its gaming and mobile strategy, including a FIFA World Cup football game exclusive to Netflix Games and a revamped mobile app rollout in Asia, which could improve subscriber engagement. FIFA Deal Tests How Netflix Uses Games To Deepen Subscriber Engagement
- Positive Sentiment: Several recent articles argue the pullback could be a buying opportunity, citing expected upside from ad revenue growth, cash flow strength, and international expansion. Netflix (NFLX) Pullback Offers a Long-Term Opportunity
- Neutral Sentiment: Jim Cramer’s remarks that tech stocks may no longer be clear market leaders included Netflix, adding to the broader cautious sentiment around the sector. Jim Cramer Discussed 15 Stocks, Including Broadcom, Netflix, and His Skepticism Toward Tech Stocks
- Neutral Sentiment: One article compares Netflix with Roku and frames the stock as a relative value debate rather than a clear near-term catalyst for NFLX. Netflix Is Down 12% in 2026, While Roku Is Up 11%. Which Streaming Stock Is the Better Buy in June?
- Negative Sentiment: Jefferies cut its price target on Netflix to $110 from $128, saying the stock lacks near-term catalysts even though it kept a Buy rating. Mahaney Reiterates Buy on Netflix, Maintains $115 Price Target Amid Ad-Tier and International Expansion Upside Ratings News
- Negative Sentiment: Paramount Skydance’s accusations that Netflix interfered in its Warner Bros. Discovery merger dispute could keep competitive and regulatory concerns in focus. Paramount Skydance Clash Puts Netflix Competition And Regulatory Role In Focus
Insider Buying and Selling
In other news, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $6,563,353.65. This represents a 11.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,313,029 shares of company stock worth $120,315,776 over the last quarter. Insiders own 1.24% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have weighed in on NFLX. Wolfe Research reissued an “outperform” rating and set a $107.00 price objective on shares of Netflix in a report on Friday, April 17th. Guggenheim reissued a “buy” rating and set a $120.00 price objective on shares of Netflix in a report on Friday, May 15th. Arete Research raised Netflix from a “neutral” rating to a “buy” rating in a report on Friday, February 27th. China Renaissance boosted their price objective on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Finally, Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average target price of $114.39.
Read Our Latest Report on NFLX
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.
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