BI Asset Management Fondsmaeglerselskab A S Has $35.49 Million Stake in Netflix, Inc. $NFLX

BI Asset Management Fondsmaeglerselskab A S raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 630.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 378,561 shares of the Internet television network’s stock after buying an additional 326,726 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Netflix were worth $35,494,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in shares of Netflix during the third quarter worth about $25,000. Bare Financial Services Inc raised its position in shares of Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares during the period. Horizon Financial Services LLC raised its position in shares of Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 24 shares during the period. Redmont Wealth Advisors LLC acquired a new stake in shares of Netflix during the third quarter worth about $36,000. Finally, Promus Capital LLC acquired a new stake in shares of Netflix during the third quarter worth about $48,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Up 0.8%

NFLX stock opened at $82.18 on Friday. 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 business has a 50 day moving average price of $92.21 and a two-hundred day moving average price of $92.20. The company has a market cap of $346.04 billion, a price-to-earnings ratio of 26.54, a P/E/G ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping 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 company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the company posted $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. Analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Activity at Netflix

In other news, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,231,126. The trade was a 27.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David A. Hyman sold 5,722 shares of Netflix 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 owned 316,100 shares of the company’s stock, valued at $27,842,088. This represents a 1.78% 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 a total of 1,313,029 shares of company stock worth $120,315,776 in the last three months. 1.24% of the stock is owned by company insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is getting a boost from reports that Canada reversed a requirement that U.S. streaming services contribute part of local revenue to Canadian content, removing a potential cost/regulatory headwind. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
• Positive Sentiment: Netflix is expanding AI-driven viewing tools and content discovery features, including more personalized recommendations and a voice-based interface, which could improve engagement and retention. Netflix Bets On AI Tools As Stock Trades Below Analyst Targets
• Positive Sentiment: Bernstein said Netflix’s core business remains strong, reinforcing the view that the company’s underlying growth engine is intact despite recent weakness in the stock. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
• Positive Sentiment: Wall Street commentary remains broadly optimistic, with analysts keeping a constructive view on Netflix after its strong earnings and revenue beat last quarter. Wall Street Bulls Look Optimistic About Netflix (NFLX): Should You Buy?

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Barclays set a $110.00 price objective on Netflix and gave the stock an “equal weight” rating in a report on Friday, April 17th. Citizens Jmp reiterated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Netflix in a report on Thursday. Finally, Citic Securities increased their price objective on Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Two research 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 company’s stock. According to data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and an average price target of $114.82.

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.