Netflix, Inc. $NFLX Shares Purchased by Congress Asset Management Co.

Congress Asset Management Co. raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 886.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,381,176 shares of the Internet television network’s stock after purchasing an additional 1,241,124 shares during the quarter. Netflix accounts for about 0.9% of Congress Asset Management Co.’s holdings, making the stock its 27th biggest position. Congress Asset Management Co.’s holdings in Netflix were worth $129,499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Overbrook Management Corp raised its stake in shares of Netflix by 1,189.8% during the 4th quarter. Overbrook Management Corp now owns 63,664 shares of the Internet television network’s stock worth $5,969,000 after buying an additional 58,728 shares in the last quarter. Capital Asset Advisory Services LLC boosted its stake in shares of Netflix by 933.3% in the fourth quarter. Capital Asset Advisory Services LLC now owns 6,830 shares of the Internet television network’s stock valued at $619,000 after buying an additional 6,169 shares in the last quarter. Westwind Capital boosted its stake in shares of Netflix by 913.9% in the fourth quarter. Westwind Capital now owns 137,419 shares of the Internet television network’s stock valued at $12,884,000 after buying an additional 123,865 shares in the last quarter. BDF Gestion grew its holdings in Netflix by 837.5% during the fourth quarter. BDF Gestion now owns 65,627 shares of the Internet television network’s stock worth $6,153,000 after acquiring an additional 58,627 shares during the period. Finally, Central Bank & Trust Co. grew its holdings in Netflix by 871.6% during the fourth quarter. Central Bank & Trust Co. now owns 31,090 shares of the Internet television network’s stock worth $2,915,000 after acquiring an additional 27,890 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling

In related news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their position. The sale 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 company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total value of $2,777,110.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,157,339. The trade was a 27.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,520,133 shares of company stock valued at $137,259,786. 1.37% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Needham & Company LLC reduced their target price on Netflix from $150.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Loop Capital set a $104.00 price target on shares of Netflix in a report on Tuesday, January 27th. Wells Fargo & Company began coverage on shares of Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Netflix in a report on Monday, March 2nd. They set an “overweight” rating and a $120.00 price objective on the stock. Finally, HSBC lowered their target price on shares of Netflix from $107.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.35.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Citi resumes coverage, reiterates Buy and $115 price objective — Citi points to improving profitability, pricing power and enhanced capital returns as upside catalysts for Netflix. Citi Resumes Coverage of Netflix (NFLX) Stock
• Positive Sentiment: Ad business momentum — reports highlight Netflix’s ad revenue surge ( ~$1.5B and estimates up to $3B in 2026) and its investment in an in‑house ad platform, which supports higher monetization per user and recurring revenue diversification. Netflix’s Ad Revenue Surges to $1.5 Billion: Is the Stock a No-Brainer Buy Today With $2,000?
• Positive Sentiment: Live events and cultural hits driving engagement — Netflix streamed BTS’s Seoul concert (positioning it as a leader in live concert streaming) and launched a successful second season of “Culinary Class Wars,” which drove restaurant bookings and demonstrates content’s real‑world economic and engagement impact. These signal subscriber engagement and event‑driven monetization upside. BTS Comeback Becomes Netflix’s Biggest Live Bet Yet A Netflix cooking show is changing how people travel — and restaurants are seeing bookings jump 303%
• Negative Sentiment: Price sensitivity among consumers — a report on Canadian streaming behavior shows cash‑strapped consumers gravitating to lower‑cost ad tiers, which could limit ARPU upside in pressured markets even as ad revenue grows. NFLX, DIS, PSKY: New ‘Couch Potato Report’ Shows Cash-Strapped Canadians Choose to Stream with Ads

Netflix Trading Up 1.7%

Shares of NFLX stock opened at $93.38 on Tuesday. The stock has a market cap of $394.27 billion, a P/E ratio of 36.95, a P/E/G ratio of 1.41 and a beta of 1.68. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The business has a fifty day simple moving average of $86.95 and a 200-day simple moving average of $101.49.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping the consensus estimate of $0.55 by $0.01. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.