Arjuna Capital Raises Stake in Netflix, Inc. $NFLX

Key Points

• Arjuna Capital increased its Netflix stake by 919.7% in the fourth quarter, ending with 35,864 shares valued at about $3.36 million.
• Netflix continues to attract major institutional interest overall, with large holders like Vanguard, Baillie Gifford, and Jennison Associates also sharply boosting their positions; institutional investors now own 80.93% of the stock.
• Netflix reported strong quarterly results, beating EPS and revenue estimates, while analysts remain generally constructive with a consensus “Moderate Buy” rating and average price target of $114.82.

Arjuna Capital boosted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 919.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,864 shares of the Internet television network's stock after buying an additional 32,347 shares during the period. Netflix makes up approximately 0.8% of Arjuna Capital's investment portfolio, making the stock its 29th largest holding. Arjuna Capital's holdings in Netflix were worth $3,363,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NFLX. Vanguard Group Inc. raised its stake in shares of Netflix by 912.5% during 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 buying an additional 351,493,659 shares during the period. Baillie Gifford & Co. boosted 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 acquiring an additional 33,290,988 shares during the period. Jennison Associates LLC boosted its holdings in Netflix by 639.9% during 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 acquiring an additional 30,158,900 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of 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 buying an additional 10,879,276 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Netflix by 850.7% in the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network's stock valued at $1,018,062,000 after buying an additional 9,716,017 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Performance

NASDAQ NFLX opened at $87.02 on Friday. The company has a market capitalization of $366.42 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.10 and a beta of 1.55. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The business's 50-day moving average price is $94.74 and its 200 day moving average price is $94.78. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

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

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several analysts reaffirmed bullish ratings and targets, citing Netflix’s expanding ad tier, strong engagement, and improving monetization outlook.
• Positive Sentiment: Netflix extended its relationship with the NFL and will stream more games, adding another high-profile live content driver that could help attract viewers and advertisers.
• Positive Sentiment: Netflix is also building out event-based programming, including its first live MMA card and a concert tour tied to KPop Demon Hunters, which reinforces its push beyond traditional streaming.

Insiders Place Their Bets

In other news, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction dated Thursday, May 7th. The stock was 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 in the company, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the sale, the chief executive officer owned 120,931 shares of the company's stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,422,769 shares of company stock valued at $135,144,073. Company insiders own 1.37% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Wolfe Research reaffirmed an "outperform" rating and set a $107.00 price target on shares of Netflix in a research report on Friday, April 17th. HSBC increased their price target on Netflix from $106.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, April 10th. Raymond James Financial restated a "market perform" rating on shares of Netflix in a research note on Thursday. China Renaissance boosted their target price on Netflix from $90.00 to $100.00 and gave the stock a "hold" rating in a research report on Friday, April 17th. Finally, BMO Capital Markets decreased their target price on Netflix from $143.00 to $135.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target 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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