Netflix, Inc. $NFLX Shares Purchased by Evolve Private Wealth LLC

Evolve Private Wealth LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 31.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 32,812 shares of the Internet television network’s stock after acquiring an additional 7,864 shares during the period. Evolve Private Wealth LLC’s holdings in Netflix were worth $3,155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allegheny Financial Group lifted its position in shares of Netflix by 8.8% during the 1st quarter. Allegheny Financial Group now owns 7,555 shares of the Internet television network’s stock worth $726,000 after buying an additional 611 shares during the last quarter. Fisher Funds Management LTD boosted its holdings in shares of Netflix by 32.6% in the 1st quarter. Fisher Funds Management LTD now owns 825,858 shares of the Internet television network’s stock valued at $79,381,000 after buying an additional 202,963 shares in the last quarter. Balboa Wealth Partners grew its position in shares of Netflix by 9.9% in the 1st quarter. Balboa Wealth Partners now owns 29,267 shares of the Internet television network’s stock valued at $2,814,000 after buying an additional 2,631 shares during the last quarter. Sheets Smith Wealth Management grew its position in shares of Netflix by 3.1% in the 1st quarter. Sheets Smith Wealth Management now owns 15,410 shares of the Internet television network’s stock valued at $1,482,000 after buying an additional 465 shares during the last quarter. Finally, IVC Wealth Advisors LLC raised its stake in Netflix by 14.1% during the 1st quarter. IVC Wealth Advisors LLC now owns 13,181 shares of the Internet television network’s stock worth $1,267,000 after acquiring an additional 1,626 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $77.38 on Monday. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The stock has a market capitalization of $325.83 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 0.98 and a beta of 1.50. The company has a 50-day simple moving average of $88.88 and a 200-day simple moving average of $90.01. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

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 analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of research reports. Citic Securities boosted their price target on shares of Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Wolfe Research reaffirmed an “outperform” rating and set a $107.00 price objective on shares of Netflix in a report on Friday, April 17th. Moffett Nathanson cut their target price on Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. Wells Fargo & Company began coverage on Netflix in a report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 target price for the company. Finally, Jefferies Financial Group reduced their target price on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Commentary says Netflix is trading at its cheapest valuation in years, which some investors view as a buying opportunity if the company can keep growing ads, pricing, and broader monetization. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Positive Sentiment: Netflix’s exclusive TV partnership with Ryan Coogler’s Proximity Media and its interest in more broadcaster deals suggest new ways to expand content reach and partnership-driven growth. Netflix (NFLX) Secures Ryan Coogler TV Deal For Exclusive New Series
• Positive Sentiment: Strong engagement around KPop Demon Hunters is highlighting Netflix’s ability to create major hits that keep users engaged and reinforce the strength of its content library. ‘KPop Demon Hunters’ Just Set Its Final Netflix Record
• Neutral Sentiment: Some analysts frame Netflix as more than a streaming stock now, pointing to its evolving monetization model and broader platform strategy. Netflix (NFLX) Is More Than a Streaming Stock Now. I Like the Opportunity
• Negative Sentiment: A director sold about $2.8 million of NFLX shares under a pre-arranged trading plan, which can still weigh on sentiment even if it was not a discretionary bearish call. Netflix (NASDAQ:NFLX) Director Sells $2,789,944.80 in Stock
• Negative Sentiment: Ongoing headlines about the Lionsgate rumor being denied, concerns over a lack of near-term catalysts, and comparisons favoring Amazon over Netflix have reinforced cautious investor sentiment. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)

Insider Activity at Netflix

In other news, CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the sale, the director owned 79,690 shares of the company’s stock, valued at $6,177,568.80. This trade represents a 31.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,349,019 shares of company stock worth $123,105,721 in the last ninety days. Company insiders own 1.24% of the company’s stock.

Netflix Company Profile

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.