AMI Asset Management Corp Sells 20,532 Shares of Netflix, Inc. $NFLX

AMI Asset Management Corp decreased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 2.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 720,681 shares of the Internet television network’s stock after selling 20,532 shares during the period. Netflix accounts for about 4.4% of AMI Asset Management Corp’s investment portfolio, making the stock its 7th largest holding. AMI Asset Management Corp’s holdings in Netflix were worth $69,293,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. First Financial Corp IN lifted its holdings in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. grew its stake in shares of Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. grew its stake in shares of Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Netflix in the 3rd quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Netflix in the 4th quarter worth approximately $26,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to expand its advertising platform, with new tools and broader advertiser access that could strengthen ad revenue growth and improve monetization. NFLX Continues to Expand Its Advertising Platform: What’s Ahead?
• Positive Sentiment: Netflix’s AI-driven ad creative collaboration with Omnicom suggests the company is deepening its advertising ecosystem, which may support future growth. Omnicom Media, Netflix (NFLX) Partner for AI-Powered Ad Creative Collaboration
• Positive Sentiment: Some analysts remain constructive, with coverage noting upside tied to live sports, AI, and broader platform expansion. Netflix (NFLX) Stock Hits Bottom and Bounces: Why Analysts See 49% Upside Ahead

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. President Capital lifted their price target on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. Jefferies Financial Group dropped their target price on shares of Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Piper Sandler restated an “overweight” rating and issued a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Daiwa Securities Group raised their price objective on shares of Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company started coverage on shares of Netflix in a research note on Monday, March 9th. They set an “equal weight” rating and a $105.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $114.26.

Netflix Trading Down 0.1%

Netflix stock opened at $73.75 on Tuesday. Netflix, Inc. has a 12 month low of $70.86 and a 12 month high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $310.55 billion, a P/E ratio of 23.82, a P/E/G ratio of 0.94 and a beta of 1.50. The company’s fifty day simple moving average is $85.01 and its 200-day simple moving average is $88.78.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the previous year, the company posted $6.61 earnings per share. The business’s quarterly revenue 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, sell-side analysts forecast that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 1,349,019 shares of company stock valued at $123,105,721. 1.24% of the stock is owned by corporate insiders.

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.