Netflix, Inc. $NFLX Shares Bought by Curio Wealth LLC

Curio Wealth LLC increased its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 4,513.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,227 shares of the Internet television network’s stock after buying an additional 9,027 shares during the period. Curio Wealth LLC’s holdings in Netflix were worth $864,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Imprint Wealth LLC acquired a new stake in shares of Netflix in the third quarter worth approximately $25,000. Bare Financial Services Inc boosted its position in shares of Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 14 shares during the last quarter. Horizon Financial Services LLC boosted its position in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Netflix in the third quarter worth approximately $36,000. Finally, Promus Capital LLC acquired a new stake in shares of Netflix in the third quarter worth approximately $48,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NFLX shares. Moffett Nathanson raised their target price on shares of Netflix from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. DZ Bank reissued a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Oppenheimer set a $120.00 target price on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. Phillip Securities raised their target price on shares of Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Finally, Erste Group Bank cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Get Our Latest Research Report on Netflix

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 sale, the insider owned 316,100 shares in the company, valued at $27,842,088. This represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is currently owned by corporate insiders.

Netflix Trading Up 0.0%

Shares of NFLX stock opened at $81.56 on Friday. The stock has a market cap of $343.43 billion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The firm’s 50 day moving average price is $92.41 and its two-hundred day moving average price is $92.43.

Netflix (NASDAQ:NFLXGet Free Report) last announced 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. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. Netflix’s revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $6.61 earnings per share. 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.

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.

Recommended Stories

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.