Westover Capital Advisors LLC Purchases 85,274 Shares of Netflix, Inc. $NFLX

Westover Capital Advisors LLC lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 835.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,482 shares of the Internet television network’s stock after acquiring an additional 85,274 shares during the quarter. Netflix accounts for 1.6% of Westover Capital Advisors LLC’s portfolio, making the stock its 17th largest position. Westover Capital Advisors LLC’s holdings in Netflix were worth $8,952,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Clearstead Advisors LLC lifted its holdings in shares of Netflix by 1,091.8% in the 4th quarter. Clearstead Advisors LLC now owns 76,430 shares of the Internet television network’s stock worth $7,166,000 after acquiring an additional 70,017 shares during the last quarter. Optimize Financial Inc lifted its holdings in shares of Netflix by 914.3% in the 4th quarter. Optimize Financial Inc now owns 12,182 shares of the Internet television network’s stock worth $1,142,000 after acquiring an additional 10,981 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of Netflix by 916.1% in the 4th quarter. Legal & General Group Plc now owns 26,522,252 shares of the Internet television network’s stock worth $2,486,726,000 after acquiring an additional 23,912,151 shares during the last quarter. Narus Financial Partners LLC lifted its holdings in shares of Netflix by 1,031.7% in the 4th quarter. Narus Financial Partners LLC now owns 3,712 shares of the Internet television network’s stock worth $348,000 after acquiring an additional 3,384 shares during the last quarter. Finally, SLT Holdings LLC lifted its holdings in shares of Netflix by 851.6% in the 4th quarter. SLT Holdings LLC now owns 4,330 shares of the Internet television network’s stock worth $406,000 after acquiring an additional 3,875 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NFLX stock opened at $88.60 on Monday. The company has a market capitalization of $373.08 billion, a PE ratio of 28.62, a P/E/G ratio of 1.13 and a beta of 1.55. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The firm’s 50-day moving average is $93.88 and its 200 day moving average is $93.93. 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) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS 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 the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Raymond James Financial restated a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Bank of America restated a “buy” rating and issued a $125.00 target price on shares of Netflix in a report on Monday, May 18th. Phillip Securities raised their target price on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Cfra raised shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Friday, March 6th. Finally, Freedom Capital raised shares of Netflix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s ad-supported tier has surpassed 250 million monthly viewers, reinforcing the company’s advertising growth story and supporting the bull case for future revenue expansion. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: Netflix is deepening its partnership with iHeartMedia by streaming “The Breakfast Club” live daily, a sign it is pushing further into live and podcast-style programming that could broaden engagement and ad inventory. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of The Breakfast Club
• Positive Sentiment: CNBC highlighted Netflix as a “final trade,” suggesting some short-term trading interest from market watchers. IBM, ServiceNow, Netflix And A Basic Materials Stock: CNBC’s ‘Final Trades’
• Neutral Sentiment: BetterInvesting questioned whether Netflix is fairly valued after its recent report, which keeps the stock in “show-me” territory even after strong earnings and revenue growth. BetterInvesting™ Magazine Update on Netflix (NASDAQ: NFLX) and ExlService Holdings Inc. (NASDAQ: EXLS)
• Neutral Sentiment: Analyst commentary noted Netflix as a possible suitor if IMAX is sold, but this is speculative and not a confirmed deal driver. IMAX Potential Suitors Include Netflix, Apple, Wedbush Says
• Negative Sentiment: Canada’s new streaming rules would require Netflix to contribute a larger share of domestic revenue to Canadian content, raising compliance costs for the business. Canada Raises Streaming Content Requirement to 15% for Netflix, Disney, Amazon
• Negative Sentiment: Separate reporting also flagged higher costs from the same Canadian policy change, adding a modest regulatory headwind for Netflix and other streamers. Netflix, Spotify to face higher costs as CRTC changes rules

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 57,260 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This trade represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,422,769 shares of company stock worth $135,144,073. 1.24% of the stock is currently owned by company insiders.

About Netflix

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.