Netflix, Inc. $NFLX Shares Purchased by Abel Hall LLC

Abel Hall LLC raised its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 171.8% in the first quarter, Holdings Channel.com reports. The fund owned 12,804 shares of the Internet television network’s stock after buying an additional 8,093 shares during the quarter. Abel Hall LLC’s holdings in Netflix were worth $1,231,000 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. First Financial Corp IN increased its position in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its holdings in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after buying an additional 239 shares during the period. Turning Point Benefit Group Inc. lifted its position in Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 268 shares in the last quarter. Imprint Wealth LLC acquired a new position in Netflix during the third quarter valued at approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new stake in Netflix during the fourth quarter worth approximately $26,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Price Performance

Shares of NFLX stock opened at $77.65 on Monday. The company has a market capitalization of $326.97 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.52. The firm has a fifty day simple moving average of $83.46 and a 200-day simple moving average of $88.25. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $70.86 and a twelve month high of $130.23.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same period last year, the business earned $6.61 EPS. The business’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. Equities research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Wall Street Analysts Forecast Growth

NFLX has been the subject of several recent research reports. Wedbush reissued an “outperform” rating and issued a $118.00 price objective on shares of Netflix in a research report on Thursday, April 16th. Phillip Securities lifted their target price on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Wells Fargo & Company started coverage on shares of Netflix in a research report on Monday, March 9th. They set an “equal weight” rating and a $105.00 price target for the company. Citizens Jmp reiterated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Finally, DZ Bank restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. 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 given a Sell rating to the company. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.26.

Get Our Latest Report on NFLX

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 9,253 shares of Netflix stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by insiders.

Netflix Company Profile

(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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