BI Asset Management Fondsmaeglerselskab A S Has $32.71 Million Stock Holdings in Netflix, Inc. $NFLX

Key Points

• BI Asset Management Fondsmaeglerselskab A S cut its Netflix stake by 10.1% in the first quarter, selling 38,371 shares and ending with 340,190 shares valued at about $32.7 million.
• Netflix’s latest quarterly results beat expectations, with $1.23 EPS on $12.25 billion in revenue, while revenue rose 16.2% year over year and the company guided Q2 2026 EPS at 0.78.
• Sentiment around the stock is mixed: analysts currently rate Netflix a Moderate Buy, but insider selling and cautious commentary about near-term catalysts have weighed on sentiment even as some investors point to a cheaper valuation and new growth opportunities.

BI Asset Management Fondsmaeglerselskab A S decreased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 10.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 340,190 shares of the Internet television network's stock after selling 38,371 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Netflix were worth $32,709,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. First Financial Corp IN lifted its stake in 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 during the period. DiNuzzo Private Wealth Inc. grew its position in shares of Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after buying an additional 239 shares during the period. Turning Point Benefit Group Inc. increased its stake in shares of Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock valued at $25,000 after acquiring an additional 268 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Netflix in the 3rd quarter valued at about $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Netflix in the 4th quarter valued at approximately $26,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Key Headlines 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 Price Performance

Netflix stock opened at $77.38 on Monday. The company has a 50 day moving average of $88.88 and a 200-day moving average of $90.01. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The stock has a market capitalization of $325.83 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.50.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion for 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 firm's quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Bank of America reissued a "buy" rating and set a $125.00 price objective on shares of Netflix in a research note on Monday, May 18th. Citizens Jmp reaffirmed a "market perform" rating on shares of Netflix in a research note on Wednesday, April 15th. Erste Group Bank lowered shares of Netflix from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Oppenheimer set a $120.00 price target on shares of Netflix and gave the stock an "outperform" rating in a research report on Friday, April 17th. Finally, The Goldman Sachs Group lowered shares of Netflix from a "neutral" rating to an "underweight" rating in a report on Thursday. Two investment 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $114.26.

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of Netflix 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 sale, the chief financial officer owned 73,787 shares of the company's stock, valued at $6,563,353.65. This trade represents a 11.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Bradford L. Smith sold 35,990 shares of the company's stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the transaction, the director directly owned 79,690 shares of the company's stock, valued at $6,177,568.80. This represents a 31.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,349,019 shares of company stock worth $123,105,721. 1.24% of the stock is currently owned by company insiders.

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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