BSN CAPITAL PARTNERS Ltd Acquires 1,214,556 Shares of Netflix, Inc. $NFLX

BSN CAPITAL PARTNERS Ltd boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,840.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,280,556 shares of the Internet television network’s stock after purchasing an additional 1,214,556 shares during the period. Netflix accounts for approximately 5.4% of BSN CAPITAL PARTNERS Ltd’s portfolio, making the stock its 8th biggest position. BSN CAPITAL PARTNERS Ltd’s holdings in Netflix were worth $120,065,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NFLX. Imprint Wealth LLC acquired a new position in shares of Netflix in the 3rd quarter valued at approximately $25,000. Bare Financial Services Inc lifted its position in Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 14 shares in the last quarter. Horizon Financial Services LLC lifted its position in Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 24 shares in the last quarter. Promus Capital LLC acquired a new position in Netflix in the 3rd quarter worth $48,000. Finally, Aviso Financial Inc. boosted its stake in Netflix by 40.0% in the 3rd quarter. Aviso Financial Inc. now owns 42 shares of the Internet television network’s stock worth $50,000 after purchasing an additional 12 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $77.38 on Friday. 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 business has a 50-day moving average of $88.88 and a 200-day moving average of $90.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results 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. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the prior year, the company posted $6.61 earnings per share. Netflix’s revenue 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, sell-side analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

Analyst Ratings Changes

Several analysts have issued reports on NFLX shares. Wolfe Research reissued an “outperform” rating and issued a $107.00 price target on shares of Netflix in a research note on Friday, April 17th. Pivotal Research set a $96.00 price objective on Netflix and gave the stock a “hold” rating in a research report on Friday, April 17th. China Renaissance increased their price objective on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Jefferies Financial Group dropped their target price on Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Finally, Bank of America restated a “buy” rating and issued a $125.00 target price on shares of Netflix in a research note on Monday, May 18th. Two equities research 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.26.

Check Out Our Latest Stock Analysis on NFLX

Insider Activity

In other news, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director owned 3,940 shares in the company, valued at $376,230.60. This represents a 99.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,349,019 shares of company stock worth $123,105,721. Corporate insiders own 1.24% of the company’s stock.

About Netflix

(Free Report)

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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