Griffin Asset Management Inc. Purchases 7,760 Shares of Netflix, Inc. $NFLX

Griffin Asset Management Inc. increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 2,586.7% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,060 shares of the Internet television network’s stock after buying an additional 7,760 shares during the quarter. Griffin Asset Management Inc.’s holdings in Netflix were worth $756,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. First Financial Corp IN lifted its holdings in shares of Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. lifted its holdings in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 268 shares in the last quarter. Imprint Wealth LLC purchased a new stake in shares of Netflix in the third quarter worth about $25,000. Finally, MB Levis & Associates LLC lifted its holdings in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after buying an additional 192 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Oppenheimer set a $120.00 price target on shares of Netflix and gave the stock an “outperform” rating in a report on Friday, April 17th. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. DZ Bank reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. UBS Group set a $104.00 price target on shares of Netflix in a report on Tuesday, January 27th. Finally, Guggenheim restated a “buy” rating and issued a $120.00 price objective on shares of Netflix in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $114.82.

Netflix Stock Performance

Shares of NFLX stock opened at $89.30 on Friday. The stock has a fifty day moving average of $94.00 and a 200 day moving average of $94.20. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm has a market capitalization of $376.02 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 1.12 and a beta of 1.55. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

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

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix and iHeartMedia announced that The Breakfast Club will stream live daily on Netflix, giving the service its first daily live program and strengthening its push into live and podcast-style content. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of Nationally Syndicated Hit Radio Show The Breakfast Club with Charlamagne tha God, DJ Envy and Jess Hilarious
• Positive Sentiment: Netflix’s ad-supported tier now reaches more than 250 million monthly active viewers globally, highlighting strong monetization potential as ad inventory expands across live sports, podcasts, and new formats. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: Reed Hastings said entertainment should be among the least affected industries by AI disruption, which may ease investor concerns about long-term content demand and the value of human-driven storytelling. Netflix Co-Founder Reed Hastings Says Entertainment Will Be ‘Least Affected’ As AI Fears Rise — ‘We Like Human Conflict’
• Positive Sentiment: Commentary around Netflix’s ad growth, live sports push, and consistent revenue performance versus Disney continues to support the case for durable growth and a premium valuation. Walt Disney vs. Netflix: What Recent Revenue Trends Reveal

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 407,550 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $93.13, for a total value of $37,955,131.50. Following the completion of the transaction, the director directly owned 3,940 shares in the company, valued at approximately $366,932.20. This represents a 99.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,422,769 shares of company stock worth $135,144,073. 1.24% of the stock is owned by corporate insiders.

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.