Cassia Capital Partners LLC Grows Holdings in Netflix, Inc. $NFLX

Key Points

• Cassia Capital boosted its Netflix stake by 884.3% in Q4 to 12,894 shares (worth $1.21M), while other institutions like Nordea and Assenagon also reported massive increases, leaving institutional investors with about 80.93% ownership.
• Insiders have been net sellers recently — executives including Reed Hastings and others sold large blocks (insiders sold 1,543,023 shares worth ~$141.1M over the last three months), which could weigh on investor sentiment despite some pre‑planned 10b5‑1 activity.
• Analyst sentiment is generally positive: the consensus rating is a “Moderate Buy” with an average price target of $114.57 and several firms issuing overweight/outperform ratings and targets up to $120.

Cassia Capital Partners LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 884.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,894 shares of the Internet television network's stock after buying an additional 11,584 shares during the period. Cassia Capital Partners LLC's holdings in Netflix were worth $1,209,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock valued at $46,183,983,000 after purchasing an additional 142,238 shares in the last quarter. State Street Corp boosted its holdings in shares of Netflix by 2.1% in the 2nd quarter. State Street Corp now owns 17,444,013 shares of the Internet television network's stock worth $23,359,801,000 after purchasing an additional 360,604 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Netflix by 886.6% during the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network's stock valued at $902,798,000 after purchasing an additional 8,688,113 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Netflix by 983.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network's stock valued at $584,529,000 after buying an additional 5,658,740 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Netflix by 7.2% during the 3rd quarter. Invesco Ltd. now owns 4,643,749 shares of the Internet television network's stock valued at $5,567,483,000 after buying an additional 313,014 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Cletus R. Willems sold 3,136 shares of the business's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,543,023 shares of company stock valued at $141,145,842 over the last three months. Insiders own 1.37% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating on shares of Netflix in a research note on Friday, March 27th. Weiss Ratings lowered shares of Netflix from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, January 22nd. Evercore began coverage on shares of Netflix in a report on Friday, February 27th. They set an "outperform" rating and a $115.00 target price on the stock. Morgan Stanley set a $110.00 target price on shares of Netflix and gave the stock an "overweight" rating in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. initiated coverage on shares of Netflix in a research report on Monday, March 2nd. They set an "overweight" rating and a $120.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $114.57.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Recent subscription price increases are expected to lift ARPU and near‑term revenue, and most analysts/media expect limited churn — this supports earnings upside. Netflix Is Raising Prices Again: What It Means for Investors
• Positive Sentiment: Large institutional buying and some price‑target lifts (one firm raised NFLX to $134) provide demand/support beneath the share price, signaling confidence from major investors and some analysts. Netflix NASDAQ: NFLX Price Target Raised to $134.00
• Neutral Sentiment: Options and near‑term earnings positioning: traders are pricing a meaningful move into Q1 results (options strategies like iron condors are being discussed) — raises short‑term volatility but not directional conviction for the stock itself. Trade Netflix Stock with This Iron Condor Strategy to See a 23% Return in Just 3 Weeks
• Neutral Sentiment: New commercial distribution deals (e.g., EverPass for a major boxing event) slightly expand non‑subscription revenue channels but are modest relative to core business. EverPass Media Expands Relationship with Netflix
• Negative Sentiment: Italian court ruled Netflix’s 2017–2024 price‑hike clauses void and ordered refunds to subscribers — this creates potential one‑time liability, reputational risk in Europe and could spur similar claims elsewhere. Netflix will appeal. Italian court rules Netflix price‑hike clauses are void, orders refunds
• Negative Sentiment: Board chair Reed Hastings sold ~420,550 shares under a pre‑arranged 10b5‑1 plan (≈$40M) — large insider sales can spook some investors even if pre‑planned, since they reduce insider exposure. Reed Hastings Sells 420,550 Shares of Netflix NASDAQ: NFLX Stock
• Negative Sentiment: Deal speculation (a reported US$42.2B Warner‑style acquisition) and commentary about derating/ acquisition concerns pressure views on capital discipline and potential leverage — raises risk premium if pursued. Netflix’s US$42.2b Warner Bros. Deal Tests Growth And Discipline

Netflix Stock Performance

Netflix stock opened at $98.66 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The firm has a market cap of $416.56 billion, a P/E ratio of 39.04, a P/E/G ratio of 1.50 and a beta of 1.67. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The firm has a 50-day moving average of $88.28 and a 200-day moving average of $99.86.

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

Netflix 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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