Aptus Capital Advisors LLC Boosts Stock Position in Netflix, Inc. $NFLX

Key Points

• Aptus Capital Advisors LLC sharply increased its Netflix stake by 746.2% in the fourth quarter, ending with 340,986 shares valued at about $31.97 million.
• Netflix recently reported better-than-expected earnings, posting $1.23 EPS versus $0.76 expected and revenue of $12.25 billion, up 16.2% year over year.
• Despite the solid results, Netflix shares were down 1.1% in the latest trading session, while analysts still maintain a generally positive outlook with an average Moderate Buy rating and a $114.39 target price.

Aptus Capital Advisors LLC boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 746.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 340,986 shares of the Internet television network's stock after acquiring an additional 300,688 shares during the quarter. Aptus Capital Advisors LLC's holdings in Netflix were worth $31,971,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of NFLX. Imprint Wealth LLC purchased a new stake in shares of Netflix in the 3rd quarter worth $25,000. Bare Financial Services Inc lifted its holdings in shares of Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock worth $35,000 after buying an additional 14 shares during the period. Horizon Financial Services LLC lifted its holdings in shares of Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock worth $35,000 after buying an additional 24 shares during the period. Redmont Wealth Advisors LLC purchased a new stake in shares of Netflix in the 3rd quarter worth $36,000. Finally, Promus Capital LLC purchased a new stake in shares of Netflix in the 3rd quarter worth $48,000. Hedge funds and other institutional investors own 80.93% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Jim Cramer said, “I want to buy Netflix,” which can reinforce the view that the recent weakness is a buying opportunity rather than a sign of deteriorating fundamentals. Jim Cramer Says “I Want to Buy Netflix”
• Positive Sentiment: Analyst-focused articles noted that Netflix has fallen sharply since its last earnings report, but Wall Street still sees meaningful upside, suggesting valuation support if growth reaccelerates. Here’s What Dragging Netflix (NFLX) Down
• Positive Sentiment: Omdia forecast Netflix could approach 400 million subscribers by 2031, reinforcing the company’s long-term leadership in global streaming and supporting the bull case for future revenue growth. Omdia: Netflix to Reach 400 Million Subscribers by 2031
• Positive Sentiment: Netflix’s new FIFA gaming partnership adds another engagement lever, which could help reduce churn and strengthen subscriber retention over time. FIFA Deal Tests How Netflix Uses Games To Deepen Subscriber Engagement
• Neutral Sentiment: Commentary that Netflix remains a “high-quality compounder back on sale” reflects a favorable long-term view, but it does not add a new near-term catalyst. Netflix: A High-Quality Compounder Back On Sale
• Neutral Sentiment: Multiple articles framed Netflix as one of the better long-term stock ideas in the media space, but these are mostly opinion pieces rather than hard business updates. Netflix (NFLX): 10 Best Stocks to Buy Now For Next 3 Months
• Negative Sentiment: A price-target cut due to a lack of fresh catalysts points to investor concern that Netflix may need a clearer near-term driver to regain momentum. Netflix Stock Gets Price-Target Cut On Lack Of Catalysts
• Negative Sentiment: The proposed Paramount Skydance/Warner Bros. Discovery deal could create a larger streaming competitor, which is one reason Netflix publicly opposed the transaction. DOJ Clears Paramount Skydance’s $110 Billion Warner Bros. Discovery Acquisition Without Conditions

Netflix Trading Down 1.1%

Netflix stock opened at $80.34 on Friday. The stock has a 50-day moving average of $90.93 and a two-hundred day moving average of $91.11. 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 one year low of $75.01 and a one year high of $134.12. The stock has a market cap of $338.30 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.50.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results 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 analysts' expectations of $12.17 billion. During the same period last year, the business posted $6.61 earnings per share. The firm's 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 anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated Thursday, May 7th. The stock was 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 in the company, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company's stock, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,313,029 shares of company stock valued at $120,315,776 in the last 90 days. 1.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Morgan Stanley reiterated an "overweight" rating on shares of Netflix in a report on Friday, April 17th. KeyCorp reiterated an "overweight" rating and issued a $115.00 target price (up from $108.00) on shares of Netflix in a report on Tuesday, April 14th. Jefferies Financial Group lowered their target price on Netflix from $128.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday. New Street Research upped their target price on Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Finally, Wells Fargo & Company assumed coverage on Netflix in a report on Monday, March 9th. They issued an "equal weight" rating and a $105.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of "Moderate Buy" and an average target price of $114.39.

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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