Financial & Tax Architects LLC Buys 18,828 Shares of Netflix, Inc. $NFLX

Financial & Tax Architects LLC raised its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,185.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,416 shares of the Internet television network’s stock after acquiring an additional 18,828 shares during the period. Financial & Tax Architects LLC’s holdings in Netflix were worth $1,914,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after buying an additional 144 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Netflix by 21.2% during the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock valued at $1,883,000 after buying an additional 246 shares during the last quarter. Strategic Investment Advisors MI grew its holdings in Netflix by 18.9% during the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after buying an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its holdings in Netflix by 12.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock valued at $2,832,000 after buying an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NFLX. Citigroup started coverage on Netflix in a report on Wednesday, March 18th. They set a “buy” rating and a $115.00 price objective on the stock. Piper Sandler restated a “positive” rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a research report on Wednesday, January 21st. Bank of America decreased their price target on shares of Netflix from $149.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. KeyCorp set a $110.00 price objective on shares of Netflix and gave the company an “overweight” rating in a research report on Friday, January 16th. Finally, Evercore assumed coverage on shares of Netflix in a research note on Friday, February 27th. They issued an “outperform” rating and a $115.00 price objective for the company. 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’s stock. Based on data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and an average target price of $114.57.

Read Our Latest Stock Report on Netflix

Netflix Price Performance

Shares of NASDAQ NFLX opened at $98.66 on Monday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm has a 50-day simple moving average of $88.28 and a two-hundred day simple moving average of $99.72. The company has a market cap of $416.56 billion, a P/E ratio of 39.04, a PEG ratio of 1.50 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19.

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

Insiders Place Their Bets

In other news, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,727 shares of the firm’s stock in a transaction dated 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. This represents a 1.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,543,023 shares of company stock valued at $141,145,842. Insiders own 1.37% of the company’s stock.

Netflix Company 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.

Featured Stories

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.