Benjamin Edwards Inc. Purchases 130,572 Shares of Netflix, Inc. $NFLX

Key Points

• Benjamin Edwards Inc. boosted its Netflix stake by 807.8%$13.76 million.
• Company insiders have been net sellers — including CFO Spencer Neumann and David Hyman — with 1.38 million shares sold in the last 90 days (≈$127.5 million), leaving insiders with ~1.37% ownership.
• Netflix beat Q1 estimates (EPS $1.23 vs. $0.76; revenue $12.25B) but gave conservative Q2 guidance and simultaneously authorized a $25 billion buyback, producing mixed analyst reactions and recent downward pressure on the stock.

Benjamin Edwards Inc. lifted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 807.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,736 shares of the Internet television network's stock after buying an additional 130,572 shares during the quarter. Benjamin Edwards Inc.'s holdings in Netflix were worth $13,757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Financial Corp IN grew its stake in shares of Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock valued at $25,000 after buying an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock valued at $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. grew its stake in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock valued at $25,000 after buying an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in shares of Netflix in the third quarter valued at $25,000. Finally, MB Levis & Associates LLC grew its stake in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock valued at $28,000 after buying an additional 192 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares of the company's stock, valued at approximately $25,623,066. This trade represents a 1.78% 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 hyperlink. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company's stock, valued at $7,231,126. This represents a 27.95% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,382,013 shares of company stock valued at $127,482,296. 1.37% of the stock is currently owned by insiders.

Netflix Trading Down 1.7%

NFLX stock opened at $92.06 on Friday. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. 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 stock has a market cap of $387.65 billion, a price-to-earnings ratio of 29.74, a price-to-earnings-growth ratio of 1.18 and a beta of 1.55. The company has a fifty day moving average price of $94.81 and a two-hundred day moving average price of $96.77.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping 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 the consensus estimate of $12.17 billion. During the same quarter last year, the firm earned $6.61 earnings per share. The company's revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.56 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Robert W. Baird reduced their price objective on shares of Netflix from $150.00 to $120.00 and set an "outperform" rating for the company in a research report on Friday, January 23rd. Pivotal Research set a $96.00 price objective on shares of Netflix and gave the stock a "hold" rating in a research report on Friday, April 17th. Cfra raised shares of Netflix from a "hold" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Friday, March 6th. Guggenheim set a $120.00 price objective on shares of Netflix and gave the stock a "buy" rating in a research report on Friday, April 17th. Finally, Rosenblatt Securities reduced their price objective on shares of Netflix from $96.00 to $95.00 and set a "neutral" rating for the company in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Netflix has a consensus rating of "Moderate Buy" and an average price target of $114.82.

Key Netflix News

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

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.

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.