Abundance Wealth Counselors Has $2.76 Million Holdings in Netflix, Inc. $NFLX

Key Points

• Abundance Wealth Counselors boosted its Netflix stake by 885.9% in Q4, adding 26,400 shares to hold 29,380 shares worth about $2.76 million, while overall institutional ownership stands near 80.93%.
• Director Reed Hastings sold 420,550 shares on April 1 for roughly $40.16 million under a Rule 10b5‑1 plan, part of insiders offloading about 1.51 million shares (~$138.3 million) over the past 90 days.
• Analyst sentiment is broadly positive — Netflix has an average rating of "Moderate Buy" with an average price target of $115.80, as firms cite faster ad‑tier scaling and U.S. price hikes (an estimated ~$1.1B tailwind) as key upside catalysts.

Abundance Wealth Counselors increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 885.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,380 shares of the Internet television network's stock after acquiring an additional 26,400 shares during the period. Abundance Wealth Counselors' holdings in Netflix were worth $2,755,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NFLX. Vanguard Group Inc. increased its stake in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock valued at $46,183,983,000 after purchasing an additional 142,238 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of Netflix by 837.2% in the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network's stock valued at $10,443,000 after buying an additional 99,496 shares during the period. Crew Capital Management Ltd grew its holdings in shares of Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network's stock valued at $847,000 after buying an additional 8,226 shares during the period. BNC Wealth Management LLC increased its position in shares of Netflix by 991.3% in the 4th quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network's stock valued at $3,866,000 after buying an additional 37,451 shares in the last quarter. Finally, Grove Bank & Trust grew its stake in Netflix by 1,379.8% in the fourth quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network's stock valued at $2,392,000 after acquiring an additional 23,788 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NFLX has been the subject of several recent analyst reports. Wells Fargo & Company assumed coverage on Netflix in a report on Monday, March 9th. They issued an "equal weight" rating and a $105.00 price target for the company. TD Cowen decreased their price objective on Netflix from $115.00 to $112.00 and set a "buy" rating for the company in a research report on Wednesday, January 21st. Sanford C. Bernstein reiterated a "buy" rating on shares of Netflix in a research report on Wednesday, February 18th. Moffett Nathanson increased their target price on Netflix from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Loop Capital set a $104.00 target price on shares of Netflix in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Netflix currently has an average rating of "Moderate Buy" and an average target price of $115.80.

Insider Buying and Selling at Netflix

In related news, Director Reed Hastings sold 420,550 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the transaction, the director owned 3,940 shares of the company's stock, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 23,439 shares of Netflix stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at $27,851,571. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,511,233 shares of company stock worth $138,320,982. Company insiders own 1.37% of the company's stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Analyst note: Citizens/JMP and others project a meaningful Q1 benefit from recent U.S. price increases and faster ad monetization — one analyst estimates about a $1.1B revenue tailwind that should help margins. Netflix Stock Eyes $1.1 Billion Windfall As US Price Hikes Kick Into Gear
• Positive Sentiment: Broker support: Guggenheim reaffirmed a Buy rating (raised price target reported), and other firms (Wedbush, Moffett Nathanson, KeyBanc) have recently lifted targets/forecasts on stronger ad-tier scaling and revenue outlooks. Netflix NASDAQ: NFLX Receives "Buy" Rating from Guggenheim
• Positive Sentiment: KeyBanc says Netflix’s ad-supported tier is scaling faster than expected, prompting raised forecasts — a structural revenue tail that investors view as durable. ‘Netflix’s Advertising Tier Is Scaling Faster than Anticipated,’ Says KeyBanc Analyst; Raises NFLX Stock Forecast
• Positive Sentiment: Technical breakout: Netflix recently moved above its 200‑day moving average, a bullish sign that has attracted momentum buyers ahead of earnings. Netflix (NFLX) Recently Broke Out Above the 200-Day Moving Average
• Neutral Sentiment: Market setup: Options traders expect a sizable post-earnings swing (implied move ~6–7%), and unusually large call activity has been noted — signals of anticipation but not directional certainty. Netflix Will Report Q1 Earnings Tomorrow. Options Traders Expect a 7.13% Move in NFLX Stock
• Neutral Sentiment: Consensus expectations: Analysts are looking for ~15% revenue growth (Q1 revenue and EPS beats would reinforce the bullish thesis); some houses maintain Hold/Market‑Perform alongside Buy calls, so guidance will be closely parsed. Netflix (NFLX) To Report Earnings Tomorrow: Here Is What To Expect
• Negative Sentiment: Strategic risk: Netflix’s failed bid for Warner Bros removes an easy path to major franchise ownership and may leave Netflix to compete with a potentially larger Warner‑Paramount Skydance combination; management says it will refocus on content and ads, but the competitive landscape is tougher. Netflix to refocus on ads, content after failed Warner Bros bid

Netflix Trading Up 1.3%

NASDAQ NFLX opened at $107.71 on Thursday. The stock has a market capitalization of $454.77 billion, a price-to-earnings ratio of 42.62, a PEG ratio of 1.61 and a beta of 1.67. The stock's 50 day moving average price is $91.36 and its two-hundred day moving average price is $98.65. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. 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 quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company had revenue of $12.05 billion during the quarter, compared to analysts' expectations of $11.97 billion. During the same period last year, the business earned $0.43 EPS. The business's quarterly revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.

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