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Brendel Financial Advisors LLC Buys 26,817 Shares of Netflix, Inc. $NFLX

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Key Points

  • Brendel Financial Advisors LLC raised its Netflix stake by 958.1%, buying 26,817 shares to hold 29,616 shares valued at about $2.78 million at the end of the quarter.
  • Netflix beat quarterly estimates, reporting $0.56 EPS vs. $0.55 expected and $12.05 billion in revenue (up 17.6% YoY); management guided Q1 2026 EPS of $0.76 and analysts show a consensus target near $115.80 with multiple recent price‑target upgrades.
  • Significant insider selling has occurred recently — executives sold roughly 1.543 million shares (about $141.1 million) in the past 90 days, including the CFO’s 28,630‑share sale, while corporate insiders own just 1.37% of the company.
  • MarketBeat previews top five stocks to own in May.

Brendel Financial Advisors LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 958.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,616 shares of the Internet television network's stock after purchasing an additional 26,817 shares during the period. Brendel Financial Advisors LLC's holdings in Netflix were worth $2,777,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Imprint Wealth LLC bought a new stake in shares of Netflix during the 3rd quarter worth about $25,000. Retirement Wealth Solutions LLC acquired a new position in Netflix in the 3rd quarter valued at about $28,000. Steph & Co. raised its holdings in Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network's stock valued at $31,000 after acquiring an additional 17 shares during the period. Bare Financial Services Inc raised its holdings in Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock valued at $35,000 after acquiring an additional 14 shares during the period. Finally, Horizon Financial Services LLC lifted its position in Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock worth $35,000 after acquiring an additional 24 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

Netflix Stock Up 2.9%

Shares of NASDAQ NFLX opened at $106.17 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The stock has a market capitalization of $448.27 billion, a P/E ratio of 42.01, a PEG ratio of 1.56 and a beta of 1.67. The stock's fifty day moving average is $90.81 and its 200 day moving average is $98.74.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to analysts' expectations of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. Netflix's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Sell-side analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Activity at Netflix

In related news, insider Cletus R. Willems sold 3,136 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at $7,231,126. This trade represents a 27.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,543,023 shares of company stock worth $141,145,842 in the last 90 days. Corporate insiders own 1.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NFLX shares. Morgan Stanley upped their target price on Netflix from $110.00 to $115.00 and gave the company an "overweight" rating in a research report on Thursday, April 9th. William Blair reissued an "outperform" rating on shares of Netflix in a report on Wednesday, January 21st. JPMorgan Chase & Co. started coverage on Netflix in a research note on Monday, March 2nd. They issued an "overweight" rating and a $120.00 price target for the company. KeyCorp reaffirmed an "overweight" rating and issued a $115.00 price objective (up from $108.00) on shares of Netflix in a report on Tuesday. Finally, Oppenheimer increased their price objective on Netflix from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Netflix has a consensus rating of "Moderate Buy" and a consensus target price of $115.80.

Get Our Latest Stock Analysis on NFLX

Netflix News Summary

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Multiple Wall Street price-target boosts and buy ratings — Wedbush, Moffett Nathanson and Guggenheim increased targets (Wedbush to $118, Moffett to $120, Guggenheim $130), signaling expectations for stronger ad monetization and operating leverage ahead of earnings. Netflix Stock Gains Momentum as Wedbush Lifts Target to $118 Ahead of Q1 Results
  • Positive Sentiment: KeyBanc says Netflix’s ad-supported tier is scaling faster than expected and raised its forecast — this supports the story that ad revenue could materially outpace guidance. KeyBanc: Netflix’s Advertising Tier Is Scaling Faster Than Anticipated
  • Positive Sentiment: Heavy bullish options activity — an unusually large number of call options traded, indicating short‑term speculative or hedged bullish positioning ahead of earnings (could amplify moves around the print).
  • Positive Sentiment: Consensus Q1 previews expect solid results (an analyst street view calls for ~15% revenue growth, EPS beat potential and ad revenue >$3B) — investors are positioning for a beat-and-raise quarter. Netflix (NFLX) Stock: Q1 2026 Earnings Preview and What Analysts Are Saying
  • Positive Sentiment: Positive media/analyst narratives and investor commentary (Jim Cramer, Seeking Alpha, Zacks) are reinforcing bullish sentiment ahead of the print, which can drive momentum into the report. Jim Cramer Calls Netflix a “Juggernaut”
  • Neutral Sentiment: Analytical pieces highlighting Netflix’s “moat” and international growth runway reinforce longer‑term thesis but are unlikely to move the stock absent fresh data. What Gives Netflix (NFLX) a Valuable Moat?
  • Neutral Sentiment: Ted Sarandos’ outreach to cinema owners and other corporate/industry moves are strategic but represent medium-term optionality rather than immediate earnings drivers. Netflix Leader Makes Rare Overture to Cinema Owners
  • Negative Sentiment: Not all signals are unequivocally bullish — at least one major shop (Deutsche Bank) retains a hold rating with a $100 target (below recent levels), highlighting some analyst caution and potential downside if Netflix misses guidance. Deutsche Bank Adjusts Netflix Price Target to $100 From $98
  • Negative Sentiment: Elevated implied volatility around earnings (analysts note a >6% expected move) and recent insider/insider-related headlines could amplify downside on a disappointment or create whipsaw trading. Netflix (NFLX) Stock: Q1 2026 Earnings Preview and What Analysts Are Saying

Netflix Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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.

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