21,134 Shares in Netflix, Inc. $NFLX Bought by Fulcrum Wealth Advisors LLC

Key Points

• Fulcrum Wealth Advisors bought a new position of 21,134 Netflix shares (~$1.98 million) in Q4, representing 1.6% of its portfolio and making NFLX its 23rd largest holding.
• Netflix beat Q1 estimates with $1.23 EPS vs $0.76 expected and revenue of $12.25 billion vs $12.17 billion, reported strong margins (net margin 28.52%, ROE 40.92%) and set Q2 guidance of $0.78 EPS.
• Analysts' consensus is a Moderate Buy with an average price target of $114.82; institutional ownership is about 80.9%, while insiders sold roughly 1.4 million shares (~$132.7 million) over the past 90 days.

Fulcrum Wealth Advisors LLC bought a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 21,134 shares of the Internet television network's stock, valued at approximately $1,982,000. Netflix accounts for 1.6% of Fulcrum Wealth Advisors LLC's investment portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new position in Netflix in the 3rd quarter worth $25,000. Bare Financial Services Inc lifted its position in Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock worth $35,000 after buying an additional 14 shares in the last quarter. Horizon Financial Services LLC lifted its position in Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock worth $35,000 after buying an additional 24 shares in the last quarter. Redmont Wealth Advisors LLC bought a new stake in Netflix during the 3rd quarter worth about $36,000. Finally, Marquette Asset Management LLC bought a new stake in Netflix during the 3rd quarter worth about $44,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Oppenheimer set a $120.00 price target on shares of Netflix and gave the stock an "outperform" rating in a research report on Friday, April 17th. Canaccord Genuity Group set a $125.00 price target on shares of Netflix and gave the stock a "buy" rating in a research report on Wednesday, January 21st. William Blair reissued an "outperform" rating on shares of Netflix in a research report on Wednesday, January 21st. Phillip Securities boosted their price target on shares of Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Finally, Weiss Ratings cut shares of Netflix from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Netflix presently has a consensus rating of "Moderate Buy" and an average price target of $114.82.

Netflix Stock Down 1.1%

Shares of NFLX stock opened at $91.05 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The firm's 50-day moving average is $94.81 and its 200-day moving average is $96.77. The stock has a market cap of $383.38 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 1.18 and a beta of 1.55. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its 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 company 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 quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts predict that Netflix, Inc. will post 3.56 EPS for the current year.

Insider Transactions at Netflix

In other Netflix news, insider Cletus R. Willems sold 3,136 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David A. Hyman sold 5,727 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $25,623,066. This represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,398,593 shares of company stock worth $132,740,606. 1.37% of the stock is currently owned by insiders.

Netflix Company 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.

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