AlphaStar Capital Management LLC Boosts Stock Position in Netflix, Inc. $NFLX

Key Points

• AlphaStar Capital boosted its Netflix stake by 2,083.1% in Q4 to 91,493 shares (about $8.58M), making NFLX its 28th largest holding and 0.6% of the firm's portfolio.
• Netflix beat Q1 estimates (EPS $1.23 vs. $0.76) with revenue up 16.2% YoY, but conservative Q2 guidance (EPS $0.78) weighed on the stock even as the board authorized a $25 billion buyback and the company rolls out a TikTok‑style "Clips" feed to boost mobile engagement.
• Insiders have sold heavily—over 1.38M shares (~$127.5M) in the past 90 days, including a large sale by Reed Hastings—while institutional ownership remains high at roughly 81%, amid renewed governance scrutiny.

AlphaStar Capital Management LLC lifted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 2,083.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,493 shares of the Internet television network's stock after purchasing an additional 87,302 shares during the period. Netflix comprises 0.6% of AlphaStar Capital Management LLC's portfolio, making the stock its 28th largest holding. AlphaStar Capital Management LLC's holdings in Netflix were worth $8,578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Netflix in the fourth quarter worth $1,527,000. Oak Harbor Wealth Partners LLC increased its stake in shares of Netflix by 978.8% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 5,092 shares of the Internet television network's stock worth $477,000 after purchasing an additional 4,620 shares in the last quarter. Sawyer & Company Inc increased its stake in shares of Netflix by 900.0% in the fourth quarter. Sawyer & Company Inc now owns 390 shares of the Internet television network's stock worth $37,000 after purchasing an additional 351 shares in the last quarter. PKO Investment Management Joint Stock Co lifted its position in shares of Netflix by 1,257.1% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 190,000 shares of the Internet television network's stock valued at $17,814,000 after acquiring an additional 176,000 shares in the last quarter. Finally, Souders Financial Advisors lifted its position in shares of Netflix by 834.0% in the fourth quarter. Souders Financial Advisors now owns 15,206 shares of the Internet television network's stock valued at $1,426,000 after acquiring an additional 13,578 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorized a large $25 billion share‑repurchase capacity, boosting optionality to reduce float and support the stock. Netflix, Inc. (NFLX) Expands Buyback Capacity with New $25B Authorization
• Positive Sentiment: Netflix is pushing mobile engagement with a TikTok‑style vertical "Clips" feed to increase viewing frequency and discovery on phones — a strategic product move to broaden usage. Netflix wants you to watch ‘Clips,' its TikTok-like vertical video feed
• Positive Sentiment: TV/market commentators and some TV‑trade segments are still listing NFLX among buy/long ideas, keeping some investor interest intact. Netflix, Cisco, Zoom And A Health Care Stock On CNBC's 'Final Trades'
• Neutral Sentiment: Analysts modestly raised forward EPS estimates (Erste Group nudged FY2026/FY2027 numbers slightly), but ratings remain mixed — small upside to estimates rather than a broad upgrade. Erste Group raises Netflix EPS estimates (MarketBeat summary)
• Neutral Sentiment: Investor attention metrics and media writeups (Zacks) show heightened interest — more eyeballs can amplify moves but don't guarantee direction. Netflix, Inc. (NFLX) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Market reaction remains focused on the company's conservative near‑term guidance (Q2 EPS guidance lower than some expected), which prompted profit‑taking despite the Q1 EPS beat. That guidance is a principal reason for downward pressure. Why Is Netflix Stock Falling, and is it a Generational Buying Opportunity?
• Negative Sentiment: Shareholder activism and governance scrutiny have returned to the headlines, adding uncertainty around strategic choices and valuation — a potential headwind for sentiment until resolved. Netflix Shareholder Activism Puts Governance And Valuation In Focus

Analyst Ratings Changes

Several brokerages have recently commented on NFLX. HSBC boosted their price objective on Netflix from $106.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, April 10th. Jefferies Financial Group lowered their price objective on Netflix from $134.00 to $128.00 and set a "buy" rating on the stock in a research report on Friday, April 17th. Phillip Securities increased their price objective on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Erste Group Bank lowered shares of Netflix from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Finally, Benchmark reaffirmed a "hold" rating on shares of Netflix in a report on Tuesday, January 13th. Two equities research 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, the company has a consensus rating of "Moderate Buy" and an average target price of $114.82.

Insiders Place Their Bets

In other Netflix news, insider David A. Hyman sold 5,727 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider owned 316,100 shares in the company, valued at $25,623,066. This trade represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the sale, the director owned 3,940 shares in the company, valued at approximately $376,230.60. The trade was a 99.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,382,013 shares of company stock valued at $127,482,296. Insiders own 1.37% of the company's stock.

Netflix Stock Down 1.7%

Shares of NASDAQ:NFLX opened at $92.06 on Friday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The business has a 50 day simple moving average of $94.81 and a two-hundred day simple moving average of $96.77. The firm has a market capitalization of $387.65 billion, a PE ratio of 29.74, a price-to-earnings-growth ratio of 1.18 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the business earned $6.61 earnings per share. The company's revenue for the quarter 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, equities analysts predict that Netflix, Inc. will post 3.56 EPS for the current year.

About Netflix

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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