Jag Capital Management LLC Buys 76,364 Shares of Netflix, Inc. $NFLX

Jag Capital Management LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 321.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,088 shares of the Internet television network’s stock after purchasing an additional 76,364 shares during the period. Jag Capital Management LLC’s holdings in Netflix were worth $9,384,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV lifted its stake in Netflix by 893.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,450 shares of the Internet television network’s stock worth $136,000 after purchasing an additional 1,304 shares during the last quarter. Hudson Canyon Capital Management lifted its stake in Netflix by 900.0% during the fourth quarter. Hudson Canyon Capital Management now owns 41,070 shares of the Internet television network’s stock worth $3,851,000 after purchasing an additional 36,963 shares during the last quarter. Berbice Capital Management LLC lifted its stake in Netflix by 1,158.6% during the fourth quarter. Berbice Capital Management LLC now owns 3,650 shares of the Internet television network’s stock worth $342,000 after purchasing an additional 3,360 shares during the last quarter. Covestor Ltd lifted its stake in Netflix by 856.4% during the fourth quarter. Covestor Ltd now owns 3,510 shares of the Internet television network’s stock worth $329,000 after purchasing an additional 3,143 shares during the last quarter. Finally, Harvest Portfolios Group Inc. lifted its stake in Netflix by 1,241.8% during the fourth quarter. Harvest Portfolios Group Inc. now owns 641,638 shares of the Internet television network’s stock worth $60,160,000 after purchasing an additional 593,819 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank Of Canada reiterated a “hold” rating on shares of Netflix in a research report on Wednesday, January 21st. Rosenblatt Securities lowered their target price on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. President Capital boosted their target price on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. William Blair reissued an “outperform” rating on shares of Netflix in a research note on Wednesday, January 21st. Finally, Robert W. Baird lowered their target price on Netflix from $150.00 to $120.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Netflix Stock Down 0.4%

Shares of NASDAQ NFLX opened at $89.33 on Wednesday. The company has a market cap of $376.15 billion, a price-to-earnings ratio of 28.85, a PEG ratio of 1.14 and a beta of 1.55. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $94.36 and a two-hundred day moving average price of $94.50. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $125 price target, citing Netflix’s advertising business, expanding live sports strategy, and long-term subscriber growth potential. Article Title
• Positive Sentiment: Analysts are becoming more constructive after Netflix’s advertiser presentation, suggesting the company’s ad tier is gaining credibility with Wall Street. Article Title
• Positive Sentiment: Omdia projected connected TV advertising revenue will nearly double by 2030, with Amazon, Netflix, and Google expected to capture a large share, reinforcing the long-term upside in Netflix’s ad business. Article Title
• Positive Sentiment: Netflix is expanding further into consumer products, including candy and toys, which could create additional brand-monetization opportunities beyond streaming. Article Title
• Neutral Sentiment: Several commentary pieces focused on whether Netflix is now “cheap” relative to its history, but these were largely valuation debates rather than fresh fundamental catalysts. Article Title
• Neutral Sentiment: Other articles highlighted long-term upside targets and comparisons to prior performance, but they mainly echoed existing bullish sentiment instead of adding new information. Article Title
• Negative Sentiment: Netflix remains below its 50-day and 200-day moving averages and has lagged the broader market over the past year, showing that investors still have concerns about growth durability and near-term execution. Article Title
• Negative Sentiment: Some coverage noted recent pullbacks tied to weaker guidance and investor skepticism, which continues to weigh on the stock despite solid underlying fundamentals. Article Title

Insider Activity at Netflix

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares in the company, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 407,550 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $93.13, for a total value of $37,955,131.50. Following the sale, the director owned 3,940 shares in the company, valued at approximately $366,932.20. This trade represents a 99.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,422,769 shares of company stock valued at $135,144,073. Corporate insiders own 1.24% of the company’s stock.

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.