Birchcreek Wealth Management LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 849.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exalter Commission. The firm owned 7,681 shares of the Internet television network’s stock after acquireing an additional 6,872 shares during the period. Birchcreek Wealth Management LLC’s holdings in Netflix were worth $720,000 as of its most recent filing with the Securities and Exalter Commission.
Other hedge funds also recently built alters to their positions in the company. Natural Investments LLC raised its holdings in Netflix by 0.5% during the third quarter. Natural Investments LLC now owns 1,668 shares of the Internet television network’s stock worth $1,999,000 after acquireing an additional 9 shares during the last quarter. Hengehold Capital Management LLC grew its holdings in shares of Netflix by 3.3% during the third quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network’s stock valued at $338,000 after acquireing an additional 9 shares during the last quarter. Financial Partners Group Inc increased its position in shares of Netflix by 0.9% during the third quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network’s stock worth $1,162,000 after acquiring an additional 9 shares in the last quarter. Seascape Capital Management raised its holdings in shares of Netflix by 1.6% in the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock worth $681,000 after acquiring an additional 9 shares during the last quarter. Finally, Crews Bank & Trust raised its holdings in shares of Netflix by 5.8% in the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock worth $197,000 after acquiring an additional 9 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, insider David A. Hyman sold 23,439 shares of Netflix stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $88.11, for a total value of $2,065,210.29. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,851,571. The trade was a 6.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exalter Commission, which is accessible through this hyperlink. Also, Director Bradford L. Smith sold 31,790 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the sale, the director owned 79,690 shares in the company, valued at approximately $7,081,253.40. This represents a 28.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,543,023 shares of company stock worth $141,145,842 in the last 90 days. 1.37% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on NFLX shares. Needham & Company LLC cut their price tarreceive on Netflix from $150.00 to $120.00 and set a “acquire” rating for the company in a research note on Wednesday, January 21st. Royal Bank Of Canada restated a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. Evercore initiated coverage on Netflix in a research report on Friday, February 27th. They set an “outperform” rating and a $115.00 tarreceive price on the stock. Rosenblatt Securities increased their price tarreceive on Netflix from $94.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, February 27th. Finally, Guggenheim dropped their price objective on Netflix from $145.00 to $130.00 and set a “acquire” rating on the stock in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price tarreceive of $114.57.
Netflix Price Performance
NFLX stock opened at $98.66 on Friday. The stock has a fifty day relocating average of $88.28 and a 200-day relocating average of $99.86. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The company has a market capitalization of $416.56 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 1.50 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.
More Netflix News
Here are the key news stories impacting Netflix this week:
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 launched as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, launchning 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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