Stratos Wealth Partners LTD. Has $16.98 Million Position in Netflix, Inc. $NFLX

Stratos Wealth Partners LTD. raised its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,060.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 181,066 shares of the Internet television network’s stock after buying an additional 165,461 shares during the period. Stratos Wealth Partners LTD.’s holdings in Netflix were worth $16,977,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Natural Investments LLC increased its stake in shares of Netflix by 0.5% in the third quarter. Natural Investments LLC now owns 1,668 shares of the Internet television network’s stock valued at $1,999,000 after buying an additional 9 shares during the period. Hengehold Capital Management LLC boosted its position in Netflix by 3.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network’s stock worth $338,000 after buying an additional 9 shares during the period. Financial Partners Group Inc boosted its position in Netflix by 0.9% during the 3rd quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network’s stock worth $1,162,000 after buying an additional 9 shares during the period. Seascape Capital Management grew its holdings in Netflix by 1.6% during the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock worth $681,000 after acquiring an additional 9 shares during the last quarter. Finally, Crews Bank & Trust grew its holdings in Netflix by 5.8% during the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock worth $197,000 after acquiring an additional 9 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Loop Capital set a $104.00 price target on shares of Netflix in a research note on Tuesday, January 27th. Erste Group Bank raised shares of Netflix from a “hold” rating to a “buy” rating in a research note on Tuesday, March 24th. Oppenheimer increased their price objective on Netflix from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $98.00 target price (up from $95.00) on shares of Netflix in a research report on Wednesday, January 21st. Finally, Piper Sandler reaffirmed a “positive” rating and set a $103.00 target price (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. Two equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.57.

View Our Latest Stock Report on NFLX

Insider Activity

In related news, insider Cletus R. Willems sold 3,136 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at $376,230.60. This represents a 99.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,543,023 shares of company stock worth $141,145,842. 1.37% of the stock is owned by insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Netflix Stock Performance

NASDAQ:NFLX opened at $98.66 on Friday. The firm’s fifty day moving average is $88.28 and its 200-day moving average is $99.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm has a market cap of $416.56 billion, a P/E ratio of 39.04, a P/E/G ratio of 1.50 and a beta of 1.67.

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

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.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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