Equita Financial Network Inc. Invests $685,000 in Netflix, Inc. $NFLX

Posted by Danessa Lincoln on Jul 1st, 2026

Equita Financial Network Inc. bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,125 shares of the Internet television network’s stock, valued at approximately $685,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peregrine Capital Management LLC purchased a new position in Netflix in the 1st quarter worth about $24,876,000. Eagle Wealth Advisors LLC lifted its stake in Netflix by 14.5% during the first quarter. Eagle Wealth Advisors LLC now owns 16,357 shares of the Internet television network’s stock valued at $1,573,000 after buying an additional 2,069 shares in the last quarter. Financial & Tax Architects LLC boosted its holdings in shares of Netflix by 27.5% in the first quarter. Financial & Tax Architects LLC now owns 26,025 shares of the Internet television network’s stock worth $2,502,000 after buying an additional 5,609 shares during the period. Premier Path Wealth Partners LLC boosted its holdings in shares of Netflix by 12.4% in the first quarter. Premier Path Wealth Partners LLC now owns 41,555 shares of the Internet television network’s stock worth $3,996,000 after buying an additional 4,580 shares during the period. Finally, Caliber Wealth Management LLC KS increased its position in shares of Netflix by 11.7% in the first quarter. Caliber Wealth Management LLC KS now owns 4,354 shares of the Internet television network’s stock worth $419,000 after acquiring an additional 456 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $71.40 on Wednesday. Netflix, Inc. has a fifty-two week low of $70.86 and a fifty-two week high of $133.88. The business has a 50-day moving average of $84.49 and a two-hundred day moving average of $88.63. The stock has a market capitalization of $300.65 billion, a P/E ratio of 23.06, a P/E/G ratio of 0.94 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS 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 business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the prior year, the firm posted $6.61 EPS. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Activity

In other news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value 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 approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David A. Hyman sold 5,722 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This represents a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 928,469 shares of company stock valued at $82,947,401. Insiders own 1.24% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix is expanding its advertising platform with new tools and broader advertiser access, which could support a faster-growing revenue stream over time. NFLX Continues to Expand Its Advertising Platform: What’s Ahead?
Positive Sentiment: Netflix’s “Nemesis” has been renewed for a second season, reinforcing that the company continues to produce breakout content that can drive subscriber engagement. Netflix’s ‘Nemesis’ Season 2 Renewal Could Be A Major Win For Los Angeles
Positive Sentiment: Netflix is expanding distribution through Charter’s Spectrum App Store, making it easier for customers to buy, activate, or upgrade subscriptions through a major cable platform. Netflix (NFLX) Lands Spectrum App Store Deal To Widen Streaming Access
Neutral Sentiment: Several articles note that Netflix’s recent decline appears tied to broader market volatility and “market drama,” with no major negative change in fundamentals cited. Should You Buy Netflix Stock Right Now?
Neutral Sentiment: Analysts and market commentators are debating whether NFLX is now undervalued after the selloff, highlighting valuation support but not a clear near-term catalyst. Netflix Inc (NFLX) Stock Down 3.2% — Now Undervalued? GF Score: 95/100
Negative Sentiment: Netflix has continued to slide in recent sessions, with articles pointing to the stock’s weak technical performance and investor concern after a sharp run-down toward its 52-week low. Netflix (NFLX) Stock Slides as Market Rises: Facts to Know Before You Trade
Negative Sentiment: Multiple reports about a director being jailed for defrauding Netflix out of $11 million may add a small overhang, though the direct business impact looks limited. Hollywood director jailed for defrauding Netflix out of $11m for unfinished show

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Phillip Securities boosted their price target on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a research report on Friday, April 17th. New Street Research boosted their price objective on shares of Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. Finally, TD Cowen reiterated a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Read Our Latest Report on NFLX

Netflix 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.