Alberta Investment Management Corp Increases Stock Holdings in Netflix, Inc. $NFLX

Key Points

• Alberta Investment Management Corp dramatically increased its Netflix stake in the fourth quarter, boosting holdings by 5,861.2% to 614,000 shares valued at about $57.6 million.
• Netflix posted a strong quarterly report, with EPS of $1.23 topping estimates and revenue of $12.25 billion, up 16.2% year over year. The company also guided Q2 2026 EPS at $0.78.
• Wall Street remains generally constructive on NFLX, with an average Moderate Buy rating and a consensus price target of $114.26, even as some analysts note recent stock weakness and a premium valuation.

Alberta Investment Management Corp boosted its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 5,861.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 614,000 shares of the Internet television network's stock after purchasing an additional 603,700 shares during the quarter. Alberta Investment Management Corp's holdings in Netflix were worth $57,569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NFLX. Vanguard Group Inc. raised its holdings in Netflix by 912.5% in the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network's stock valued at $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. State Street Corp lifted its position in shares of Netflix by 927.6% during the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network's stock worth $16,574,986,000 after purchasing an additional 159,578,053 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network's stock worth $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Capital World Investors raised its stake in Netflix by 859.1% during the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network's stock valued at $8,376,656,000 after buying an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in Netflix by 685.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network's stock worth $8,068,882,000 after purchasing an additional 75,107,069 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Up 0.5%

Netflix stock opened at $77.38 on Friday. The firm has a market cap of $325.83 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.50. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm's 50 day moving average price is $89.32 and its two-hundred day moving average price is $90.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the firm earned $6.61 EPS. The company's quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Phillip Securities raised their price target on shares of Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Barclays set a $110.00 price target on Netflix and gave the stock an "equal weight" rating in a report on Friday, April 17th. Sanford C. Bernstein restated an "outperform" rating on shares of Netflix in a research report on Thursday, June 4th. Huber Research upgraded Netflix from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, February 27th. Finally, Moffett Nathanson decreased their price target on Netflix from $120.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $114.26.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investors are weighing Netflix’s ability to raise prices over time, with coverage highlighting conservative 2027 pricing assumptions and the company’s ad-supported growth as potential upside drivers. Stock Market Today, June 18: Netflix Edges Higher as Investors Weigh Pricing Upside Before Earnings
• Positive Sentiment: Some analysts and commentators say NFLX is trading at its cheapest valuation in years, suggesting the recent weakness may create a buying opportunity for long-term investors. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive 'Opportunity'
• Neutral Sentiment: Netflix’s upcoming earnings report on July 16 is a major near-term event, and investors are waiting to see whether the company can justify its premium valuation and soft Q2 outlook. Citizens Analyst Remains Cautious on Netflix Stock (NFLX), Cites Lack of ‘Meaningful Near-Term Catalysts’
• Negative Sentiment: A director sold 35,990 shares under a pre-arranged trading plan, which may add to investor caution even though the sale was not tied to a sudden negative change in outlook. Director Bradford L. Smith transaction
• Negative Sentiment: Several headlines continue to emphasize weak momentum, including concerns about a recent stock slide, lack of near-term catalysts, and uncertainty around content and M&A strategy. Netflix's stock slide is getting worse

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred 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 sale, the chief executive officer directly owned 120,931 shares of the company's stock, valued at $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer owned 284,804 shares of the company's stock, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,349,019 shares of company stock worth $123,105,721 over the last ninety days. 1.24% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.