Everett Harris & Co. CA Boosts Stock Position in Netflix, Inc. $NFLX

Everett Harris & Co. CA grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 1,274.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,490 shares of the Internet television network’s stock after buying an additional 10,654 shares during the quarter. Everett Harris & Co. CA’s holdings in Netflix were worth $1,077,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NFLX. Commonwealth Retirement Investments LLC raised its holdings in shares of Netflix by 900.0% during the fourth quarter. Commonwealth Retirement Investments LLC now owns 2,610 shares of the Internet television network’s stock valued at $245,000 after acquiring an additional 2,349 shares during the last quarter. Waddell & Associates LLC raised its holdings in shares of Netflix by 858.1% during the fourth quarter. Waddell & Associates LLC now owns 14,783 shares of the Internet television network’s stock valued at $1,386,000 after acquiring an additional 13,240 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of Netflix by 663.9% during the fourth quarter. TIAA Trust National Association now owns 210,418 shares of the Internet television network’s stock valued at $19,729,000 after acquiring an additional 182,872 shares during the last quarter. Montis Financial LLC raised its holdings in shares of Netflix by 900.0% during the fourth quarter. Montis Financial LLC now owns 6,570 shares of the Internet television network’s stock valued at $616,000 after acquiring an additional 5,913 shares during the last quarter. Finally, Next Capital Management LLC raised its holdings in shares of Netflix by 554.5% during the fourth quarter. Next Capital Management LLC now owns 6,525 shares of the Internet television network’s stock valued at $612,000 after acquiring an additional 5,528 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NFLX has been the subject of a number of research analyst reports. Jefferies Financial Group reduced their target price on Netflix from $134.00 to $128.00 and set a “buy” rating for the company in a report on Friday, April 17th. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings raised Netflix from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Seaport Research Partners increased their target price on Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Two research 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 stock. According to MarketBeat, Netflix has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was 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 approximately $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,313,029 shares of company stock valued at $120,315,776. Insiders own 1.24% of the company’s stock.

Netflix Price Performance

NFLX stock opened at $81.41 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50 day simple moving average of $91.75 and a 200-day simple moving average of $91.52. The firm has a market capitalization of $342.80 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is getting attention for new growth-oriented content initiatives, including a FIFA World Cup-themed mobile game launch on Netflix Games and related soccer specials/docuseries, which could support engagement and strengthen the company’s entertainment ecosystem. Netflix Leans Into World Cup With New Specials And FIFA World Cup Game
• Positive Sentiment: Additional coverage highlighted Netflix’s long-term appeal as a blue-chip growth stock and pointed to continued investor optimism around its ad-supported tier, password-sharing crackdown, and expanding live-event strategy. Here’s Why Netflix (NFLX) Is One of the Best Blue Chip Stocks Under $100 to Buy Now
• Positive Sentiment: Netflix also drew upbeat commentary after a board leadership transition, with Reed Hastings stepping down as chairman and Jay Hoag taking over; the market appeared to view the change as orderly rather than disruptive. Netflix Board Shift Puts Jay Hoag At Center Of Investor Oversight
• Neutral Sentiment: One article framed Netflix as a long-term winner but also noted that the stock’s massive run-up leaves investors debating whether there is still room for more upside. Will Netflix Become a Trillion-Dollar Stock by 2030?
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be driving the stock move.
• Negative Sentiment: Netflix is facing renewed competitive and deal-related scrutiny after reports said Paramount accused it of trying to derail Warner Bros. Discovery’s deal, adding a headline overhang. Paramount Accuses Netflix Of Waging ‘Scorched-Earth Campaign’ To Derail Warner Bros. Discovery Deal: Report
• Negative Sentiment: A separate market wrap noted Netflix “suffers a larger drop than the general market,” reinforcing that shares have been weak relative to broader indexes as traders reassess valuation and near-term momentum. Netflix (NFLX) Suffers a Larger Drop Than the General Market: Key Insights

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.