Anchor Investment Management LLC Buys 60,759 Shares of Netflix, Inc. $NFLX

Key Points

• Anchor Investment Management boosted its Netflix stake by 937.5% in the fourth quarter, buying 60,759 additional shares and bringing its total holdings to 67,240 shares valued at about $6.3 million.
• Other institutional investors also increased exposure to NFLX, and the article notes that institutional ownership remains high at 80.93%, indicating strong professional investor interest.
• Wall Street sentiment is still broadly positive: Netflix has a Moderate Buy consensus rating, while the company recently beat quarterly earnings and revenue expectations despite shares trading near their 52-week low.

Anchor Investment Management LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 937.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 67,240 shares of the Internet television network's stock after buying an additional 60,759 shares during the period. Anchor Investment Management LLC's holdings in Netflix were worth $6,304,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TD Capital Management LLC raised its stake in shares of Netflix by 881.5% in the fourth quarter. TD Capital Management LLC now owns 6,910 shares of the Internet television network's stock worth $648,000 after buying an additional 6,206 shares during the period. SSA Swiss Advisors AG lifted its position in shares of Netflix by 900.0% during the 4th quarter. SSA Swiss Advisors AG now owns 24,870 shares of the Internet television network's stock valued at $2,335,000 after buying an additional 22,383 shares in the last quarter. Banque Transatlantique SA grew its stake in shares of Netflix by 852.8% during the 4th quarter. Banque Transatlantique SA now owns 1,010 shares of the Internet television network's stock valued at $94,000 after acquiring an additional 904 shares during the period. Sit Investment Associates Inc. grew its stake in shares of Netflix by 851.3% during the 4th quarter. Sit Investment Associates Inc. now owns 121,490 shares of the Internet television network's stock valued at $11,391,000 after acquiring an additional 108,719 shares during the period. Finally, Tempo Wealth LLC purchased a new stake in Netflix in the 4th quarter worth approximately $337,000. Institutional investors own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Netflix in a report on Thursday, June 4th. Citigroup reissued a "market perform" rating on shares of Netflix in a research note on Thursday. Jefferies Financial Group decreased their price objective on shares of Netflix from $128.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, June 10th. Guggenheim restated a "buy" rating and set a $120.00 target price on shares of Netflix in a research note on Friday, May 15th. Finally, President Capital upped their target price on shares of Netflix from $133.00 to $134.00 and gave the stock a "buy" rating in a report on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.26.

Insider Activity

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the company's stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the transaction, the chief financial officer directly owned 73,787 shares of the company's stock, valued at $6,563,353.65. This represents a 11.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Bradford L. Smith sold 35,990 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the sale, the director owned 79,690 shares of the company's stock, valued at approximately $6,177,568.80. This trade represents a 31.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,349,019 shares of company stock worth $123,105,721. Company insiders own 1.24% of the company's stock.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $77.38 on Friday. The firm has a market capitalization of $325.83 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 0.98 and a beta of 1.50. 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, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The stock has a 50 day moving average price of $88.88 and a 200 day moving average price of $90.14.

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

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Commentary says Netflix is trading at its cheapest valuation in years, which some investors view as a buying opportunity if the company can keep growing ads, pricing, and broader monetization. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive 'Opportunity'
• Positive Sentiment: Netflix’s exclusive TV partnership with Ryan Coogler’s Proximity Media and its interest in more broadcaster deals suggest new ways to expand content reach and partnership-driven growth. Netflix (NFLX) Secures Ryan Coogler TV Deal For Exclusive New Series
• Positive Sentiment: Strong engagement around KPop Demon Hunters is highlighting Netflix’s ability to create major hits that keep users engaged and reinforce the strength of its content library. ‘KPop Demon Hunters’ Just Set Its Final Netflix Record
• Neutral Sentiment: Some analysts frame Netflix as more than a streaming stock now, pointing to its evolving monetization model and broader platform strategy. Netflix (NFLX) Is More Than a Streaming Stock Now. I Like the Opportunity
• Negative Sentiment: A director sold about $2.8 million of NFLX shares under a pre-arranged trading plan, which can still weigh on sentiment even if it was not a discretionary bearish call. Netflix NASDAQ: NFLX Director Sells $2,789,944.80 in Stock
• Negative Sentiment: Ongoing headlines about the Lionsgate rumor being denied, concerns over a lack of near-term catalysts, and comparisons favoring Amazon over Netflix have reinforced cautious investor sentiment. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)

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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