Atria Investments Inc Grows Stock Position in Netflix, Inc. $NFLX

Key Points

• Atria Investments dramatically increased its Netflix stake by 761.4% in the fourth quarter, ending with 369,989 shares valued at about $34.7 million.
• Netflix posted strong quarterly results, with EPS of $1.23 beating estimates and revenue of $12.25 billion topping forecasts; revenue also rose 16.2% year over year.
• Wall Street sentiment remains broadly positive, with an average Moderate Buy rating and an average target price of $114.82, even as some insiders recently sold shares.

Atria Investments Inc boosted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 761.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 369,989 shares of the Internet television network's stock after acquiring an additional 327,037 shares during the quarter. Atria Investments Inc's holdings in Netflix were worth $34,690,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NFLX. Imprint Wealth LLC acquired a new position in shares of Netflix in the third quarter worth about $25,000. Bare Financial Services Inc increased its position 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 purchasing an additional 14 shares during the last quarter. Horizon Financial Services LLC increased its position 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 purchasing an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Netflix in the 3rd quarter worth about $36,000. Finally, Promus Capital LLC bought a new stake in shares of Netflix in the 3rd quarter worth about $48,000. Hedge funds and other institutional investors own 80.93% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Cfra raised shares of Netflix from a "hold" rating to a "buy" rating and set a $115.00 target price for the company in a research report on Friday, March 6th. Erste Group Bank downgraded shares of Netflix from a "buy" rating to a "hold" rating in a research report on Monday, April 27th. DZ Bank reissued a "buy" rating on shares of Netflix in a research report on Friday, April 17th. Guggenheim set a $120.00 target price on shares of Netflix and gave the stock a "buy" rating in a research report on Friday, April 17th. Finally, Needham & Company LLC reissued a "buy" rating on shares of Netflix in a research report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat, Netflix currently has an average rating of "Moderate Buy" and an average target price of $114.82.

Netflix Trading Down 0.1%

NASDAQ:NFLX opened at $87.56 on Thursday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The firm has a market capitalization of $368.70 billion, a P/E ratio of 28.28, a P/E/G ratio of 1.11 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. The business has a 50 day simple moving average of $95.19 and a 200 day simple moving average of $95.12.

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, topping the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company's quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 57,260 shares of the firm's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. The trade was a 8.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 1,422,769 shares of company stock valued at $135,144,073. Corporate insiders own 1.37% of the company's stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix expanded its NFL relationship by adding more live football games, reinforcing its push into selective live events without taking on the cost of full-season sports rights. Article Title
• Positive Sentiment: The company is also leaning into event-driven entertainment with its first live MMA fight and a global world tour tied to KPop Demon Hunters, which could deepen engagement and create new monetization opportunities. Article Title
• Positive Sentiment: Evercore ISI reiterated a Buy rating on Netflix, citing an undemanding valuation and an outlook for 20%–25% earnings growth, which supports the bullish long-term thesis. Article Title
• Positive Sentiment: Netflix highlighted a reported $325 billion economic impact and over 425,000 jobs supported by its productions, while reaffirming heavy content investment that underpins future growth and valuation. Article Title
• Neutral Sentiment: Media coverage continues to frame Netflix as a leader in the streaming war, with investors focusing on ad-tier momentum, pricing power, and the company’s large content slate rather than a single catalyst. Article Title
• Negative Sentiment: Texas Attorney General Ken Paxton sued Netflix over alleged unauthorized data collection on children and claims the platform is designed to be addictive, creating potential legal, regulatory, and reputational risk. Article Title

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.