Alliance Wealth Advisors LLC UT Purchases 21,264 Shares of Netflix, Inc. $NFLX

Key Points

• Alliance Wealth Advisors LLC UT boosted its Netflix stake by 521.9% in Q4, buying 21,264 shares to hold 25,338 shares worth about $2.376 million at quarter-end.
• Several large institutions dramatically increased positions in Q4 — notably Vanguard (added ~351.5 million shares, +912.5%), Baillie Gifford and Jennison — leaving institutional ownership at about 80.93%.
• Netflix beat estimates with Q1 EPS of $1.23 vs. $0.76 expected and revenue of $12.25B, provided Q2 EPS guidance of $0.78, and carries a MarketBeat consensus rating of "Moderate Buy" with a $114.82 target.

Alliance Wealth Advisors LLC UT increased its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 521.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,338 shares of the Internet television network's stock after purchasing an additional 21,264 shares during the quarter. Alliance Wealth Advisors LLC UT's holdings in Netflix were worth $2,376,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NFLX. Vanguard Group Inc. boosted its holdings in shares of Netflix by 912.5% in the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network's stock worth $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Netflix by 912.3% during the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock valued at $3,463,498,000 after purchasing an additional 33,290,988 shares in the last quarter. Jennison Associates LLC raised its position in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network's stock valued at $3,269,594,000 after purchasing an additional 30,158,900 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Netflix by 891.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network's stock valued at $1,134,487,000 after purchasing an additional 10,879,276 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Netflix by 850.7% in the fourth quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network's stock worth $1,018,062,000 after purchasing an additional 9,716,017 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NFLX. Wedbush restated an "outperform" rating and issued a $118.00 target price on shares of Netflix in a research note on Thursday, April 16th. Piper Sandler reissued an "overweight" rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a report on Friday, April 17th. Moffett Nathanson raised their price objective on shares of Netflix from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Tuesday, April 14th. China Renaissance boosted their target price on shares of Netflix from $90.00 to $100.00 and gave the stock a "hold" rating in a research note on Friday, April 17th. Finally, Canaccord Genuity Group set a $125.00 target price on shares of Netflix and gave the stock a "buy" rating in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.82.

Netflix Price Performance

Shares of NFLX stock opened at $91.05 on Tuesday. The firm 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 12 month low of $75.01 and a 12 month high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $94.81 and a 200 day moving average price of $96.77.

Netflix (NASDAQ:NFLX - Get Free Report) last released 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 the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company's revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts expect that Netflix, Inc. will post 3.56 EPS for the current year.

Insiders Place Their Bets

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the company's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the sale, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. The trade was a 18.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Cletus R. Willems sold 3,136 shares of the company's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,398,593 shares of company stock valued at $132,740,606 over the last three months. 1.37% of the stock is 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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