PeakShares LLC Invests $1.11 Million in Netflix, Inc. $NFLX

PeakShares LLC bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,792 shares of the Internet television network’s stock, valued at approximately $1,106,000. Netflix accounts for about 1.1% of PeakShares LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other hedge funds have also recently made changes to their positions in NFLX. Checchi Capital Advisers LLC lifted its stake in Netflix by 875.7% in the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after acquiring an additional 27,951 shares during the period. Contravisory Investment Management Inc. increased its position in Netflix by 837.2% during the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock valued at $10,443,000 after purchasing an additional 99,496 shares during the period. BNC Wealth Management LLC increased its position in Netflix by 991.3% during the 4th quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock valued at $3,866,000 after purchasing an additional 37,451 shares during the period. Crew Capital Management Ltd raised its holdings in shares of Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after purchasing an additional 8,226 shares in the last quarter. Finally, Family Capital Trust Co raised its holdings in shares of Netflix by 20,869.5% in the 4th quarter. Family Capital Trust Co now owns 27,470 shares of the Internet television network’s stock valued at $2,576,000 after purchasing an additional 27,339 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Commentary says Netflix is trading at its cheapest valuation in years, which some investors view as a buying opportunity if the company can keep growing ads, pricing, and broader monetization. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Positive Sentiment: Netflix’s exclusive TV partnership with Ryan Coogler’s Proximity Media and its interest in more broadcaster deals suggest new ways to expand content reach and partnership-driven growth. Netflix (NFLX) Secures Ryan Coogler TV Deal For Exclusive New Series
• Positive Sentiment: Strong engagement around KPop Demon Hunters is highlighting Netflix’s ability to create major hits that keep users engaged and reinforce the strength of its content library. ‘KPop Demon Hunters’ Just Set Its Final Netflix Record
• Neutral Sentiment: Some analysts frame Netflix as more than a streaming stock now, pointing to its evolving monetization model and broader platform strategy. Netflix (NFLX) Is More Than a Streaming Stock Now. I Like the Opportunity
• Negative Sentiment: A director sold about $2.8 million of NFLX shares under a pre-arranged trading plan, which can still weigh on sentiment even if it was not a discretionary bearish call. Netflix (NASDAQ:NFLX) Director Sells $2,789,944.80 in Stock
• Negative Sentiment: Ongoing headlines about the Lionsgate rumor being denied, concerns over a lack of near-term catalysts, and comparisons favoring Amazon over Netflix have reinforced cautious investor sentiment. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)

Netflix Price Performance

NASDAQ:NFLX opened at $77.38 on Friday. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The stock has a market capitalization of $325.83 billion, a P/E ratio of 24.99, a P/E/G ratio of 0.98 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The company’s 50-day simple moving average is $88.88 and its 200-day simple moving average is $90.14.

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 analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider David A. Hyman sold 5,722 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. This represents a 1.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction 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 sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,349,019 shares of company stock valued at $123,105,721 over the last quarter. Insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the subject of several research reports. The Goldman Sachs Group cut shares of Netflix from a “neutral” rating to an “underweight” rating in a research report on Thursday. Daiwa Securities Group lifted their price objective on shares of Netflix from $97.00 to $102.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Barclays set a $110.00 price objective on shares of Netflix and gave the stock an “equal weight” rating in a research note on Friday, April 17th. Morgan Stanley restated an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.26.

Netflix 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.