Capital Wealth Planning LLC Has $11.85 Million Stock Position in Netflix, Inc. $NFLX

Key Points

• Capital Wealth Planning LLC dramatically increased its Netflix stake by 1,229.8% in the fourth quarter, ending with 126,381 shares valued at about $11.85 million.
• Wall Street remains broadly positive on Netflix, with multiple analysts keeping Buy ratings and a consensus target price around $114.39, though some have trimmed price targets or cited fewer near-term catalysts.
• Netflix posted strong recent operating results, beating earnings and revenue expectations in its latest quarter, while analysts continue to point to growth from the ad-supported tier, international expansion, and new initiatives like mobile gaming.

Capital Wealth Planning LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,229.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 126,381 shares of the Internet television network's stock after purchasing an additional 116,877 shares during the quarter. Capital Wealth Planning LLC's holdings in Netflix were worth $11,849,000 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. Apriem Advisors lifted its stake in shares of Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network's stock valued at $1,879,000 after purchasing an additional 9 shares during the period. Tortoise Investment Management LLC lifted its stake in shares of Netflix by 10.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network's stock valued at $110,000 after purchasing an additional 9 shares during the period. Brass Tax Wealth Management Inc. lifted its stake in shares of Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network's stock valued at $345,000 after purchasing an additional 9 shares during the period. Pacific Sun Financial Corp lifted its stake in shares of Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network's stock valued at $688,000 after purchasing an additional 9 shares during the period. Finally, RS Crum Inc. increased its position in shares of Netflix by 3.6% in the 3rd quarter. RS Crum Inc. now owns 288 shares of the Internet television network's stock valued at $345,000 after buying an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Evercore ISI reiterated a Buy rating and kept its $115 price target, citing upside from Netflix’s ad-supported tier and continued international expansion. Article Title
• Positive Sentiment: Several bullish notes highlighted growing ad revenue, strong cash flow, and the view that the recent pullback may offer a long-term buying opportunity for investors. Article Title
• Positive Sentiment: Netflix expanded its revamped mobile app across Asia and is increasing its focus on kids’ gaming, reinforcing growth initiatives beyond core streaming. Article Title
• Neutral Sentiment: Jefferies lowered its price target to $110 from $128 but kept a Buy rating, suggesting the stock still has upside but with fewer immediate catalysts. Article Title
• Neutral Sentiment: Netflix is also facing public scrutiny after Paramount Skydance accused it of interfering in the Warner Bros. Discovery deal, adding some competitive and regulatory noise around the stock. Article Title
• Negative Sentiment: Another analyst cut the price target and said Netflix has limited near-term catalysts, reinforcing concerns that the stock may struggle to rebound quickly. Article Title

Insider Activity

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares in the company, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction dated 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 transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at approximately $7,231,126. This trade represents a 27.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is currently owned by insiders.

Netflix Price Performance

NFLX stock opened at $82.00 on Thursday. The stock has a 50-day moving average price of $91.53 and a two-hundred day moving average price of $91.35. The stock has a market cap of $345.29 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.50. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on NFLX shares. Wedbush restated an "outperform" rating and issued a $118.00 price objective on shares of Netflix in a research report on Thursday, April 16th. Raymond James Financial restated a "market perform" rating on shares of Netflix in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Netflix from $98.00 to $100.00 and gave the company a "hold" rating in a research report on Tuesday, April 14th. Wells Fargo & Company started coverage on shares of Netflix in a research report on Monday, March 9th. They issued an "equal weight" rating and a $105.00 price objective for the company. Finally, Needham & Company LLC restated 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 issued a Buy rating and sixteen have given a Hold rating to the stock. According to data from MarketBeat.com, Netflix has a consensus rating of "Moderate Buy" and a consensus target price of $114.39.

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.

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