Ascentis Independent Advisors Boosts Stake in Netflix, Inc. $NFLX

Ascentis Independent Advisors boosted its stake in Netflix, Inc. (NASDAQ:NFLX) by 20.9% in the 1st quarter, Holdings Channel reports. The firm owned 54,262 shares of the Internet television network’s stock after purchasing an additional 9,362 shares during the period. Ascentis Independent Advisors’ holdings in Netflix were worth $5,217,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raleigh Capital Management Inc. lifted its stake in Netflix by 7.9% during the first quarter. Raleigh Capital Management Inc. now owns 5,307 shares of the Internet television network’s stock worth $510,000 after purchasing an additional 388 shares in the last quarter. GM Advisory Group LLC grew its stake in shares of Netflix by 1.9% in the first quarter. GM Advisory Group LLC now owns 55,599 shares of the Internet television network’s stock valued at $5,346,000 after buying an additional 1,042 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in shares of Netflix by 11.5% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 10,234 shares of the Internet television network’s stock valued at $984,000 after buying an additional 1,054 shares during the period. Mount Vernon Associates Inc. MD raised its holdings in shares of Netflix by 511.4% in the 1st quarter. Mount Vernon Associates Inc. MD now owns 42,800 shares of the Internet television network’s stock valued at $4,115,000 after buying an additional 35,800 shares during the period. Finally, NBT Bank N A NY lifted its stake in Netflix by 3.8% during the 1st quarter. NBT Bank N A NY now owns 43,645 shares of the Internet television network’s stock worth $4,196,000 after acquiring an additional 1,582 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NASDAQ NFLX opened at $77.65 on Monday. The firm’s fifty day moving average price is $83.46 and its 200 day moving average price is $88.25. 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 12 month low of $70.86 and a 12 month high of $130.23. The company has a market capitalization of $326.97 billion, a price-to-earnings ratio of 25.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share 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 the consensus estimate of $12.17 billion. During the same period in the previous year, the business earned $6.61 EPS. The business’s quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on NFLX. Oppenheimer set a $120.00 target price on Netflix and gave the company an “outperform” rating in a report on Friday, April 17th. HSBC increased their price target on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Erste Group Bank lowered shares of Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company initiated coverage on Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective on the stock. Finally, The Goldman Sachs Group lowered Netflix from a “neutral” rating to an “underweight” rating in a report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix rallied after reports clarified that a large-scale NBCUniversal acquisition was not an imminent goal, easing takeover-related anxiety and helping investors focus back on fundamentals. Why Netflix (NFLX) Stock Is Up Today
• Positive Sentiment: Analyst commentary and investor coverage highlighted Netflix’s ad growth, pricing power, and improving free cash flow outlook as key drivers that could support the stock into earnings. Netflix Gears Up to Report Q2 Earnings: Buy, Sell or Hold the Stock?
• Positive Sentiment: Netflix’s recent AI advertising partnership with Omnicom Media Group boosted sentiment by reinforcing the company’s monetization strategy for its ad-supported tier. Netflix (NFLX) Is Up 9.5% After AI Ad Tie-Up With Omnicom Media Group – Has The Bull Case Changed?
• Neutral Sentiment: Several articles framed Netflix as a potential value or turnaround idea after a sharp six-month decline, but these were mostly opinion pieces rather than new company-specific catalysts. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Neutral Sentiment: Coverage from Jim Cramer and other commentators argued the market may be too pessimistic about Netflix’s growth, but this did not reflect a new operating update. Jim Cramer Believes the Market Is Wrong About Netflix
• Negative Sentiment: A TipRanks AI Analyst downgrade and reduced price target added caution, citing growing near-term risks for Netflix (NFLX). AI Analyst Downgrades Netflix Stock, Cuts Price Target as Near-Term Risks Grow
• Negative Sentiment: Broader commentary still notes Netflix’s stock has lagged the market over the past six months, with softer quarterly results contributing to investor disappointment. Netflix (NFLX): 3 Reasons We Love This Stock

Insiders Place Their Bets

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the transaction, the insider owned 316,100 shares in the company, valued at $27,842,088. This trade represents 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. In the last ninety days, insiders sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is owned by insiders.

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.