Netflix, Inc. $NFLX Shares Acquired by Ethos Financial Group LLC

Ethos Financial Group LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 2,774.9% in the 4th quarter, Holdings Channel reports. The fund owned 18,917 shares of the Internet television network’s stock after buying an additional 18,259 shares during the period. Ethos Financial Group LLC’s holdings in Netflix were worth $1,774,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on NFLX. Phillip Securities upgraded shares of Netflix from a “sell” rating to a “moderate buy” rating and lifted their price objective for the company from $95.00 to $100.00 in a research note on Monday, January 26th. Wells Fargo & Company began coverage on shares of Netflix in a research report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 target price for the company. Piper Sandler reissued a “positive” rating and set a $103.00 target price (down from $140.00) on shares of Netflix in a research note on Wednesday, January 21st. Susquehanna upgraded shares of Netflix to a “positive” rating and set a $112.00 price target on the stock in a research report on Wednesday, January 21st. Finally, Rothschild & Co Redburn set a $120.00 price target on shares of Netflix in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $114.57.

View Our Latest Stock Analysis on NFLX

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Insider Buying and Selling at Netflix

In other Netflix news, insider David A. Hyman sold 23,439 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.11, for a total value of $2,065,210.29. Following the transaction, the insider owned 316,100 shares in the company, valued at $27,851,571. The trade was a 6.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Spencer Adam Neumann sold 57,260 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,543,023 shares of company stock worth $141,145,842 over the last 90 days. 1.37% of the stock is currently owned by insiders.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $98.66 on Monday. 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 12 month low of $75.01 and a 12 month high of $134.12. The company has a market cap of $416.56 billion, a price-to-earnings ratio of 39.04, a P/E/G ratio of 1.50 and a beta of 1.67. The business has a fifty day simple moving average of $88.28 and a 200-day simple moving average of $99.72.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings data 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. The firm had revenue of $12.05 billion during 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 company’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Sell-side analysts predict that Netflix, Inc. will post 24.58 EPS 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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