Vertrix Wealth Management LLC Acquires New Shares in Netflix, Inc. $NFLX

Vertrix Wealth Management LLC purchased a new stake in Netflix, Inc. (NASDAQ:NFLX) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,048 shares of the Internet television network’s stock, valued at approximately $1,062,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. First Financial Corp IN raised its stake in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. increased its holdings in shares of Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 268 shares during the period. Imprint Wealth LLC acquired a new position in shares of Netflix during the third quarter valued at $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Netflix during the fourth quarter valued at about $26,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on NFLX shares. Citigroup reaffirmed a “market perform” rating on shares of Netflix in a report on Thursday, June 18th. Wells Fargo & Company started coverage on shares of Netflix in a research report on Monday, March 9th. They set an “equal weight” rating and a $105.00 price target on the stock. HSBC upped their price target on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Guggenheim reiterated a “buy” rating and issued a $120.00 price objective on shares of Netflix in a report on Friday, May 15th. Finally, Jefferies Financial Group lowered their price objective on shares of Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $114.26.

Netflix Price Performance

Shares of Netflix stock opened at $74.19 on Thursday. 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 company’s 50-day moving average price is $84.07 and its two-hundred day moving average price is $88.49. Netflix, Inc. has a 52 week low of $70.86 and a 52 week high of $130.23. The stock has a market cap of $312.40 billion, a PE ratio of 23.96, a price-to-earnings-growth ratio of 0.91 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last issued 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. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the prior year, the company earned $6.61 EPS. Netflix’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some analysts and market commentators argue Netflix looks deeply undervalued after its sharp pullback, citing a low valuation, record revenue, expanding margins, strong free cash flow, and a large share repurchase program that could support the stock. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Positive Sentiment: Netflix also gained a distribution boost after landing in Charter’s Spectrum App Store, which could make it easier for customers to buy, activate, or upgrade Netflix plans and widen subscriber access. Netflix Lands Spectrum App Store Deal To Widen Streaming Access
• Positive Sentiment: Netflix-related coverage around July streaming lineups highlights upcoming content such as returning titles, which may support engagement and subscriber retention in the near term. Here’s what’s worth streaming in July 2026 on Netflix, Hulu, HBO Max and more
• Neutral Sentiment: Netflix-related entertainment news also noted a renewal for the series Nemesis, which is more of a content update than a meaningful financial catalyst. Netflix’s Nemesis Season 2 Renewal Could Be A Major Win For Los Angeles
• Negative Sentiment: Shares have also been pressured by broader market weakness and investor concern over the recent sell-off, with multiple articles noting NFLX trading near its 52-week low and well below prior highs. Netflix’s ‘Owning Manhattan’ star Ryan Serhant expands real estate empire to Texas in ‘strategic’ move
• Negative Sentiment: News that a filmmaker was sentenced to prison for misusing $11 million of Netflix production funds is negative from a reputational standpoint, though it does not appear to affect current operations directly. Hollywood director jailed for betting Netflix money on crypto

Insiders Place Their Bets

In other Netflix news, Director Reed Hastings sold 386,700 shares of Netflix stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $85.97, for a total value of $33,244,599.00. Following the transaction, the director owned 3,940 shares in the company, valued at approximately $338,721.80. The trade was a 98.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the company’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 transaction, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 899,839 shares of company stock worth $80,141,661. Company 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.