Foundations Investment Advisors LLC Boosts Stake in Netflix, Inc. $NFLX

Foundations Investment Advisors LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 808.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 41,071 shares of the Internet television network’s stock after acquiring an additional 36,549 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Netflix were worth $3,851,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Apriem Advisors increased its position in Netflix by 0.6% during the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after purchasing an additional 9 shares in the last quarter. Tortoise Investment Management LLC raised its position in shares of Netflix by 10.8% in the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after buying an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. raised its position in shares of Netflix by 3.2% in the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after buying an additional 9 shares during the last quarter. Pacific Sun Financial Corp lifted its stake in shares of Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after buying an additional 9 shares during the period. Finally, Carl P. Sherr & Co. LLC boosted its position in Netflix by 0.6% during the third quarter. Carl P. Sherr & Co. LLC now owns 1,715 shares of the Internet television network’s stock worth $2,056,000 after acquiring an additional 10 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Down 0.4%

Shares of NASDAQ NFLX opened at $86.02 on Friday. The stock has a market capitalization of $362.21 billion, a PE ratio of 27.78, a P/E/G ratio of 1.10 and a beta of 1.55. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average of $93.12 and a 200-day moving average of $93.26. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12.

Netflix (NASDAQ:NFLX) last issued its 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 return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter last year, the firm earned $6.61 earnings per share. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on NFLX. Wedbush reaffirmed an “outperform” rating and issued a $118.00 target price on shares of Netflix in a research note on Thursday, April 16th. TD Cowen restated a “buy” rating on shares of Netflix in a report on Thursday, May 14th. Moffett Nathanson lifted their price objective on Netflix from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Piper Sandler reiterated an “overweight” rating and issued a $115.00 target price (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple reports say Netflix’s ad business is gaining traction, with 2026 ad revenue projected near $3 billion as new formats, live events, and ad-tech tools expand monetization. Netflix’s Ad Business Expansion Continues: More Upside Ahead?
• Positive Sentiment: Netflix reportedly acquired Ben Affleck’s AI startup InterPositive, which could automate parts of filmmaking and lower production costs, supporting margins over time. Netflix Buys Affleck AI Startup InterPositive To Reshape Content Economics
• Positive Sentiment: Several commentary pieces argue Netflix is a buying opportunity, citing upside from ad-tier growth and improving free cash flow, with some analysts reiterating bullish ratings and higher price targets. 3 Reasons to Buy Netflix Stock in June
• Neutral Sentiment: Other articles highlight Netflix as a laggard versus entertainment peers, suggesting the stock may need execution to catch up rather than already reflecting a clear fundamental breakout. How Is Netflix’s Stock Performance Compared to Other Entertainment Stocks?
• Neutral Sentiment: Coverage linking Netflix to streaming perks and broader media/advertising themes is supportive but not a direct company-specific catalyst. Best credit cards with streaming perks for June 2026: Save on Netflix, Hulu, and more

Insiders Place Their Bets

In related news, Director Reed Hastings sold 420,550 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director owned 3,940 shares in the company, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 1,365,509 shares of company stock worth $129,675,743. 1.24% of the stock is owned by insiders.

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.