CM Wealth Advisors LLC Takes $1.08 Million Position in Netflix, Inc. $NFLX

Key Points

• CM Wealth Advisors LLC purchased a new stake of 11,497 Netflix shares worth approximately $1.08 million in the fourth quarter.
• Q1 beat: Netflix reported $1.23 EPS (vs. $0.76 est.) and $12.25B revenue—helped by a roughly $2.8B breakup fee and ad/price gains—but issued soft Q2 guidance (~$0.78 EPS) and announced chair Reed Hastings will not stand for re‑election, prompting an after‑hours selloff.
• Several institutions massively increased holdings in Q4 (e.g., Baillie Gifford, Sumitomo Mitsui, Nordea), lifting institutional ownership to about 80.9%, while insiders have sold roughly 1.49M shares in the past 90 days, including a 420,550‑share director sale executed under a Rule 10b5‑1 plan.

CM Wealth Advisors LLC purchased a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,497 shares of the Internet television network's stock, valued at approximately $1,078,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NFLX. Baillie Gifford & Co. raised its stake in shares of Netflix by 912.3% in the fourth quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock worth $3,463,498,000 after acquiring an additional 33,290,988 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Netflix by 891.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network's stock valued at $1,134,487,000 after purchasing an additional 10,879,276 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Netflix by 886.6% during the fourth 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. increased its holdings in shares of Netflix by 983.1% in the fourth 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 purchasing an additional 5,658,740 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Netflix by 430.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,738,241 shares of the Internet television network's stock valued at $631,777,000 after purchasing an additional 5,468,262 shares in the last quarter. 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: Q1 results beat expectations — Netflix posted stronger-than-expected revenue (~$12.25B) and EPS (~$1.23), driven by membership/pricing and ad growth; these results reinforce improved profitability trends. Netflix (NFLX) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: One‑time windfall and pricing power boosted profits — Coverage highlights a roughly $2.8B breakup fee from Warner Bros and recent U.S. price hikes as major contributors to the profit beat and higher margins. That cash/earnings boost improves near‑term free cash flow. Netflix shatters profit expectations thanks to price increase and $2.8 billion breakup fee from Warner Bros.
• Positive Sentiment: Ad business and price hikes seen as durable tailwinds — Analysts and coverage note Netflix is monetizing better via ad growth and subscription price increases, potentially creating a multi‑billion dollar uplift over time. Why Netflix is in a win-win position as it continues to hike prices
• Neutral Sentiment: Broader market backdrop was constructive — The market rally heading into the report provided a favorable environment, but macro strength didn’t offset company‑specific reaction to guidance and leadership news. Market Upswell Continues, Full Week in the Green In-Sight
• Negative Sentiment: Soft near‑term guidance hurt sentiment — Netflix issued Q2 EPS guidance below consensus ( ~0.78 vs ~0.84 ) and a cautious near‑term outlook, prompting investors to sell despite the quarter’s beat. Investors Don't Like Netflix's Latest Outlook—Or the News that Reed Hastings Is Moving On
• Negative Sentiment: Chairman Reed Hastings to leave board — Hastings won’t stand for re‑election when his term ends in June; investors view the timing of the leadership change as an additional risk during a strategic pivot toward ads and content. Netflix co-founder and chair Reed Hastings to leave board
• Negative Sentiment: After‑hours selloff and de‑risking — Despite the beat, headlines about soft guidance and the board exit triggered an after‑hours decline as traders de‑risked into uncertain near‑term visibility. Coverage documents the selloff and market reaction. Netflix stock falls after company reports earnings, announces Reed Hastings will step down as chairman

Wall Street Analyst Weigh In

Several research analysts have issued reports on NFLX shares. The Goldman Sachs Group raised Netflix from a "neutral" rating to a "buy" rating in a report on Monday. Citigroup assumed coverage on Netflix in a research note on Thursday. They issued a "market perform" rating for the company. Evercore initiated coverage on Netflix in a research note on Friday, February 27th. They set an "outperform" rating and a $115.00 price target on the stock. Barclays initiated coverage on Netflix in a report on Monday, March 2nd. They issued an "equal weight" rating and a $115.00 price target on the stock. Finally, Robert W. Baird lowered their price objective on Netflix from $150.00 to $120.00 and set an "outperform" rating for the company in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, Netflix presently has a consensus rating of "Moderate Buy" and an average price target of $115.80.

Insider Buying and Selling

In related news, Director Reed Hastings sold 420,550 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the sale, the director directly owned 3,940 shares in the company, valued at $376,230.60. This trade represents a 99.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction that occurred 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 transaction, the insider directly owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,487,794 shares of company stock valued at $136,255,772 over the last 90 days. 1.37% of the stock is owned by corporate insiders.

Netflix Stock Performance

NFLX stock opened at $107.79 on Friday. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The company has a market cap of $455.11 billion, a P/E ratio of 42.66, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. The business's fifty day moving average is $91.90 and its 200-day moving average is $98.56.

Netflix (NASDAQ:NFLX - Get Free Report) last announced 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 during the quarter, compared to analysts' expectations of $12.17 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The firm's quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts forecast 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.

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX - Free Report).

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.