Curated Wealth Partners LLC Acquires 16,506 Shares of Netflix, Inc. $NFLX

Curated Wealth Partners LLC lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 2,221.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,249 shares of the Internet television network’s stock after buying an additional 16,506 shares during the period. Curated Wealth Partners LLC’s holdings in Netflix were worth $1,617,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Netflix by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after buying an additional 142,238 shares during the period. Contravisory Investment Management Inc. boosted its holdings in Netflix by 837.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock worth $10,443,000 after acquiring an additional 99,496 shares in the last quarter. Grove Bank & Trust grew its stake in Netflix by 1,379.8% in the fourth quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network’s stock valued at $2,392,000 after acquiring an additional 23,788 shares during the period. CIBC Capital Markets Europe S.A. increased its holdings in shares of Netflix by 171.4% during the third quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock valued at $79,732,000 after acquiring an additional 42,000 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC raised its position in shares of Netflix by 2,184.8% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 85,727 shares of the Internet television network’s stock worth $7,841,000 after purchasing an additional 81,975 shares during the period. Institutional investors own 80.93% of the company’s stock.

Insider Activity

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the sale, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. This trade represents a 18.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $97.00, for a total transaction 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. This represents a 27.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,520,133 shares of company stock worth $137,259,786. 1.37% of the stock is owned by insiders.

Netflix Stock Performance

NFLX stock opened at $90.92 on Wednesday. The firm has a market cap of $383.88 billion, a PE ratio of 35.98, a P/E/G ratio of 1.43 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. The business has a 50 day moving average of $86.96 and a 200-day moving average of $101.27. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last issued its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period last year, the company posted $0.43 earnings per share. Netflix’s quarterly revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, sell-side analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

Trending Headlines about Netflix

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Analysts Set New Price Targets

A number of brokerages have commented on NFLX. BMO Capital Markets decreased their price target on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. UBS Group set a $104.00 price objective on shares of Netflix in a research note on Tuesday, January 27th. Evercore initiated coverage on shares of Netflix in a report on Friday, February 27th. They set an “outperform” rating and a $115.00 price objective for the company. Pivotal Research decreased their target price on shares of Netflix from $105.00 to $95.00 and set a “hold” rating for the company in a research report on Wednesday, January 21st. Finally, Argus lowered their target price on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and a consensus target price of $114.35.

Check Out Our Latest Research Report on NFLX

Netflix 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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