Netflix, Inc. $NFLX Shares Acquired by Curio Wealth LLC

Curio Wealth LLC lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 4,513.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,227 shares of the Internet television network’s stock after purchasing an additional 9,027 shares during the quarter. Curio Wealth LLC’s holdings in Netflix were worth $864,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Westfield Capital Management Co. LP grew its stake in shares of Netflix by 592.6% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,597,547 shares of the Internet television network’s stock worth $149,786,000 after purchasing an additional 1,366,899 shares during the period. Avise Financial Cooperative Inc. acquired a new position in shares of Netflix during the 4th quarter worth $225,000. Vista Cima Wealth Management LLC acquired a new position in shares of Netflix during the 4th quarter worth $392,000. Vise Technologies Inc. grew its stake in shares of Netflix by 1,266.6% during the 4th quarter. Vise Technologies Inc. now owns 167,876 shares of the Internet television network’s stock worth $15,740,000 after purchasing an additional 155,592 shares during the period. Finally, Magellan Asset Management Ltd grew its stake in shares of Netflix by 1,280.0% during the 4th quarter. Magellan Asset Management Ltd now owns 1,636,208 shares of the Internet television network’s stock worth $153,411,000 after purchasing an additional 1,517,642 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Netflix

In other Netflix news, Director Reed Hastings sold 386,700 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at $338,721.80. This trade represents a 98.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares in the company, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,313,029 shares of company stock worth $120,315,776 over the last three months. Company insiders own 1.24% of the company’s stock.

Analyst Ratings Changes

NFLX has been the topic of a number of recent analyst reports. Pivotal Research set a $96.00 price target on shares of Netflix and gave the stock a “hold” rating in a research note on Friday, April 17th. Weiss Ratings raised shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Wedbush reaffirmed an “outperform” rating and set a $118.00 price target on shares of Netflix in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a research note on Tuesday, April 14th. Finally, China Renaissance increased their price objective on shares of Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.82.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix shares rose after Canada reversed a proposed rule that would have forced U.S. streaming services to contribute 15% of Canadian revenue to local content, removing a potential cost headwind. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
• Positive Sentiment: Netflix is rolling out new generative-AI recommendation tools and testing voice-based search, which could improve user engagement and make content discovery easier. Netflix Bets On AI Tools As Stock Trades Below Analyst Targets
• Positive Sentiment: Bernstein said Netflix’s core business remains strong, suggesting the recent pullback may be more about sentiment than fundamentals. Don’t Ignore This, Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
• Positive Sentiment: FIFA will launch a World Cup game on Netflix Games next week, adding another content/gaming tie-in that could support the platform’s ecosystem. FIFA unveils Netflix World Cup game timed for 2026 tournament kickoff
• Neutral Sentiment: Analysts and media reports continue to debate whether Netflix’s recent weakness is a buying opportunity or a sign of slowing momentum, with no clear consensus shift today. Netflix investors are getting squeamish as Amazon makes inroads in the battle for streaming dominance
• Neutral Sentiment: Reed Hastings’ sale of 386,700 shares was disclosed as part of a pre-arranged 10b5-1 plan, so it may add to headline pressure but is not necessarily a bearish operating signal. Insider Selling: Netflix (NASDAQ:NFLX) Director Sells 386,700 Shares of Stock
• Negative Sentiment: Investor concern remains elevated because NFLX has been in a prolonged losing streak, with multiple reports highlighting weaker price momentum and worries about competition from Amazon and others. Netflix Stock Is on Track for Its Longest Losing Streak Since 2022

Netflix Price Performance

Shares of NASDAQ NFLX opened at $81.56 on Friday. The stock has a market cap of $343.43 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company’s 50-day moving average price is $92.41 and its 200 day moving average price is $92.43. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period last year, the company earned $6.61 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, research analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

About Netflix

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.