CRA Financial Services LLC Has $2.45 Million Stake in Netflix, Inc. $NFLX

CRA Financial Services LLC grew its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 908.5% during the fourth quarter, HoldingsChannel reports. The firm owned 26,111 shares of the Internet television network’s stock after buying an additional 23,522 shares during the period. CRA Financial Services LLC’s holdings in Netflix were worth $2,448,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NFLX. Imprint Wealth LLC bought a new stake in Netflix during the third quarter valued at $25,000. Retirement Wealth Solutions LLC bought a new position in shares of Netflix in the 3rd quarter worth about $28,000. Steph & Co. raised its position in shares of Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after acquiring an additional 17 shares in the last quarter. Bare Financial Services Inc lifted its stake in shares of Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 14 shares during the period. Finally, Horizon Financial Services LLC lifted its stake in shares of Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 24 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Insider Buying and Selling

In related news, Director Reed Hastings sold 410,550 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $97.01, for a total value of $39,827,455.50. Following the transaction, the director owned 3,940 shares of the company’s stock, valued at approximately $382,219.40. This trade represents a 99.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated 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 transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,157,339. This trade represents a 27.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,520,133 shares of company stock worth $137,259,786 over the last ninety days. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on NFLX shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $100.00 target price (down from $112.00) on shares of Netflix in a research note on Wednesday, January 21st. KeyCorp set a $110.00 price target on Netflix and gave the company an “overweight” rating in a research note on Friday, January 16th. President Capital increased their price target on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday. Moffett Nathanson reduced their price objective on shares of Netflix from $140.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Finally, Benchmark reiterated a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.57.

Check Out Our Latest Analysis on NFLX

Netflix Price Performance

Shares of NFLX opened at $95.55 on Thursday. The business’s fifty day moving average is $87.73 and its 200 day moving average is $100.01. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. 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 stock has a market cap of $403.43 billion, a P/E ratio of 37.81, a P/E/G ratio of 1.46 and a beta of 1.67.

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

About Netflix

(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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