Alpha Cubed Investments LLC Boosts Stake in Netflix, Inc. $NFLX

Key Points

• Alpha Cubed Investments boosted its Netflix stake by 873.9% in Q4 to 256,628 shares, worth about $24.06 million, as institutional ownership sits near 80.9%.
• Significant insider selling has occurred recently—CEO Theodore Sarandos and CFO Spencer Neumann sold material chunks (Sarandos 27,312 shares; Neumann 57,260), co‑founder Reed Hastings sold 407,550 shares under a 10b5‑1 plan, and insiders sold ~1.43M shares (~$135.6M) in the last 90 days.
• Fundamentals remain solid: Netflix beat Q1 estimates with $1.23 EPS vs. $0.76 and $12.25B revenue (up 16.2% y/y); analysts hold a consensus "Moderate Buy" with a ~$114.82 target while the stock trades around the high‑$80s.

Alpha Cubed Investments LLC grew its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 873.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 256,628 shares of the Internet television network's stock after buying an additional 230,277 shares during the period. Alpha Cubed Investments LLC's holdings in Netflix were worth $24,061,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NFLX. First Financial Corp IN boosted its holdings in shares of Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock valued at $25,000 after buying an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock valued at $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. boosted its stake in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC acquired a new stake in Netflix in the 3rd quarter worth approximately $25,000. Finally, MB Levis & Associates LLC boosted its stake in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock worth $28,000 after purchasing an additional 192 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the business's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares of the company's stock, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 57,260 shares of the business's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company's stock, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,431,627 shares of company stock worth $135,647,236. 1.37% of the stock is currently owned by corporate insiders.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $87.89 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company has a 50 day simple moving average of $94.99 and a two-hundred day simple moving average of $96.53. The stock has a market cap of $370.09 billion, a price-to-earnings ratio of 28.39, a PEG ratio of 1.17 and a beta of 1.55.

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 the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during 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%. The business's quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts predict that Netflix, Inc. will post 3.56 earnings per share for the current year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Company and sector buyback talk — Netflix is listed among consumer-discretionary names adding buyback capacity, which could provide support to the share price over time. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Positive Sentiment: Partnership news with theaters (mentioned in coverage of AMC) is attracting investor interest and signals distribution/collaboration opportunities that may boost content reach. Why Is AMC Entertainment Stock Surging On Tuesday?
• Neutral Sentiment: Market commentary argues some post-earnings reactions are “unfair” and that longer-term fundamentals remain strong, which tempers short-term pessimism but may not stop volatility. Microsoft and 11 More Stocks That Were Unfairly Punished After Earnings
• Neutral Sentiment: Analysis pieces suggest Netflix may be technically positioned for another leg higher, but the commentary coexists with today’s weakness — signalling mixed near-term momentum. Streaming Stock Looks Positioned for Next Leg Higher
• Neutral Sentiment: Feature write-ups about Netflix’s strategic choices (what it learned from an almost-acquisition) provide useful context on capital allocation and strategy but are unlikely to move the stock immediately. What Did Netflix Learn From the Almost-Acquisition of a Major Rival?
• Negative Sentiment: Large insider selling — co-founder/director Reed Hastings sold 407,550 shares under a 10b5-1 plan (average price ~$93), a high-value transaction that can be read as supply pressure even though it was pre‑arranged. Reed Hastings Sells 407,550 Shares of Netflix Stock
• Negative Sentiment: Analyst/technical pressure — coverage notes price targets clustered below earlier highs and a key resistance near $100; that, combined with shorts/positioning, helps explain the intraday drop. Benzinga’s market note cites the $114 target but emphasizes resistance and the current decline. What's Going On With Netflix Stock Tuesday?

Analysts Set New Price Targets

A number of research firms recently commented on NFLX. The Goldman Sachs Group upgraded shares of Netflix from a "neutral" rating to a "buy" rating in a research note on Monday, April 13th. Oppenheimer set a $120.00 target price on shares of Netflix and gave the stock an "outperform" rating in a research note on Friday, April 17th. Rothschild & Co Redburn set a $120.00 target price on shares of Netflix in a research note on Wednesday, January 21st. Cfra upgraded shares of Netflix from a "hold" rating to a "buy" rating and set a $115.00 target price for the company in a research note on Friday, March 6th. Finally, Arete Research upgraded shares of Netflix from a "neutral" rating to a "buy" rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.82.

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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