Clare Market Investments LLC Takes Position in Netflix, Inc. $NFLX

Clare Market Investments LLC bought a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the first quarter, Holdings Channel.com reports. The fund bought 143,015 shares of the Internet television network’s stock, valued at approximately $13,751,000. Netflix comprises about 2.9% of Clare Market Investments LLC’s portfolio, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFLX. First Financial Corp IN grew its position 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 valued at $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. grew 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 valued at $25,000 after acquiring an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. grew 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 valued at $25,000 after acquiring an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in Netflix during the third quarter worth about $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Netflix in the 4th quarter worth about $26,000. 80.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NFLX has been the topic of several recent research reports. The Goldman Sachs Group cut shares of Netflix from a “neutral” rating to an “underweight” rating in a report on Thursday, June 18th. Wolfe Research reissued an “outperform” rating and set a $107.00 price target on shares of Netflix in a research report on Friday, April 17th. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of Netflix in a research note on Monday, May 18th. Morgan Stanley reaffirmed an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Finally, Pivotal Research set a $96.00 target price on Netflix and gave the stock a “hold” rating in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $114.26.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some investors and market commentators argued Netflix’s business remains strong, citing revenue growth, the expanding advertising business, and possible upside from live sports and other tailwinds. ‘Business is Booming,’ Says Investor About Neflix Stock
• Positive Sentiment: Multiple articles framed NFLX as a potential buy ahead of earnings, suggesting the selloff may have created an attractive valuation if upcoming results confirm momentum. 3 Reasons to Load Up on Netflix Stock Before July 16
• Neutral Sentiment: Options traders are pricing a large move around earnings, indicating investors expect a big reaction either way when Netflix reports on July 16. How Wide Is The Range Of Possibilities For Netflix Stock?
• Neutral Sentiment: Netflix’s upcoming “Little House on the Prairie” adaptation reinforces its ongoing content investment strategy, but the article did not suggest an immediate financial impact. Netflix nods to nostalgia with new ‘Little House on the Prairie’ TV series
• Negative Sentiment: Commentary on declining viewer retention and the risk from microdramas raised concerns that Netflix’s engagement and content advantage may be harder to sustain over time. Netflix invented binge-watching. Now it may have outgrown it.
• Negative Sentiment: Several market recap pieces noted NFLX slipped while the broader market gained, reinforcing bearish momentum and the view that investors are cautious before earnings. Netflix (NFLX) Stock Sinks As Market Gains: Here’s Why

Netflix Stock Performance

Netflix stock opened at $77.13 on Tuesday. The business has a 50 day moving average of $83.46 and a 200-day moving average of $88.25. The company has a market capitalization of $324.77 billion, a P/E ratio of 24.90, a P/E/G ratio of 0.99 and a beta of 1.52. Netflix, Inc. has a 1 year low of $70.86 and a 1 year high of $129.32. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

Netflix (NASDAQ:NFLX) last posted its earnings results 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 for the quarter, compared to the consensus estimate of $12.17 billion. During the same period last year, the company earned $6.61 EPS. The firm’s 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. On average, equities research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Insider Activity

In other news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix 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 transaction, the chief executive officer owned 284,804 shares in the company, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction 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 approximately $10,725,370.39. This represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by company insiders.

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.