Netflix, Inc. $NFLX Shares Acquired by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. increased its position in Netflix, Inc. (NASDAQ:NFLX) by 930.7% in the fourth quarter, Holdings Channel reports. The firm owned 259,923 shares of the Internet television network’s stock after purchasing an additional 234,704 shares during the quarter. Netflix accounts for 0.7% of Ameritas Investment Partners Inc.’s holdings, making the stock its 16th biggest holding. Ameritas Investment Partners Inc.’s holdings in Netflix were worth $24,370,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Apriem Advisors grew its stake in Netflix by 0.6% in the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after purchasing an additional 9 shares in the last quarter. Tortoise Investment Management LLC grew its stake in Netflix by 10.8% in the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock worth $110,000 after purchasing an additional 9 shares in the last quarter. Brass Tax Wealth Management Inc. grew its stake in Netflix by 3.2% in the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock worth $345,000 after purchasing an additional 9 shares in the last quarter. Pacific Sun Financial Corp grew its stake in Netflix by 1.6% in the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock worth $688,000 after purchasing an additional 9 shares in the last quarter. Finally, RS Crum Inc. grew its stake in Netflix by 3.6% in the third quarter. RS Crum Inc. now owns 288 shares of the Internet television network’s stock worth $345,000 after purchasing an additional 10 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Reed Hastings sold 386,700 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the sale, the director owned 3,940 shares of the company’s stock, valued at $338,721.80. The trade was a 98.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,313,029 shares of company stock valued at $120,315,776 over the last 90 days. Corporate insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on NFLX shares. Sanford C. Bernstein restated an “outperform” rating on shares of Netflix in a research note on Thursday, June 4th. Cfra upgraded Netflix from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, March 6th. Oppenheimer set a $120.00 target price on Netflix and gave the company an “outperform” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research note on Wednesday, April 22nd. Finally, HSBC lifted their target price on Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $114.39.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Evercore ISI reiterated a Buy rating and kept its $115 price target, citing upside from Netflix’s ad-supported tier and continued international expansion. Article Title
• Positive Sentiment: Several bullish notes highlighted growing ad revenue, strong cash flow, and the view that the recent pullback may offer a long-term buying opportunity for investors. Article Title
• Positive Sentiment: Netflix expanded its revamped mobile app across Asia and is increasing its focus on kids’ gaming, reinforcing growth initiatives beyond core streaming. Article Title
• Neutral Sentiment: Jefferies lowered its price target to $110 from $128 but kept a Buy rating, suggesting the stock still has upside but with fewer immediate catalysts. Article Title
• Neutral Sentiment: Netflix is also facing public scrutiny after Paramount Skydance accused it of interfering in the Warner Bros. Discovery deal, adding some competitive and regulatory noise around the stock. Article Title
• Negative Sentiment: Another analyst cut the price target and said Netflix has limited near-term catalysts, reinforcing concerns that the stock may struggle to rebound quickly. Article Title

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $82.00 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a 50 day simple moving average of $91.53 and a 200-day simple moving average of $91.35. The company has a market cap of $345.29 billion, a PE ratio of 26.49, a P/E/G ratio of 1.03 and a beta of 1.50. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data 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. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the firm posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.

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.