Concurrent Investment Advisors LLC Raises Position in Netflix, Inc. $NFLX

Key Points

• Concurrent Investment Advisors boosted its Netflix stake by 1,238.4% in Q4 to 230,717 shares (about $21.63M), and multiple other institutions similarly increased positions, leaving roughly 80.93% institutional ownership.
• Netflix beat Q1 expectations (EPS $1.23 vs. $0.76; revenue $12.25B) but issued weak Q2 guidance (EPS 0.78) and flagged subscriber churn as a near-term risk; the board also approved a $25 billion open-ended share buyback to support the stock.
• Insiders have been net sellers recently (CEO sold 105,781 shares; insiders sold ~1.49M shares worth $136.3M over three months), reducing insider ownership to 1.37%, while analysts keep a consensus rating of Moderate Buy with a $114.53 target.

Concurrent Investment Advisors LLC boosted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,238.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 230,717 shares of the Internet television network's stock after buying an additional 213,479 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Netflix were worth $21,632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kercheville Advisors LLC lifted its stake in Netflix by 816.5% in the 4th quarter. Kercheville Advisors LLC now owns 91,098 shares of the Internet television network's stock valued at $8,541,000 after buying an additional 81,158 shares in the last quarter. Generali Investments Management Co LLC lifted its stake in Netflix by 1,155.4% in the 4th quarter. Generali Investments Management Co LLC now owns 134,468 shares of the Internet television network's stock valued at $12,608,000 after buying an additional 123,757 shares in the last quarter. Calamos Wealth Management LLC lifted its stake in shares of Netflix by 1,017.2% in the fourth quarter. Calamos Wealth Management LLC now owns 269,027 shares of the Internet television network's stock worth $25,224,000 after buying an additional 244,947 shares in the last quarter. ProVise Management Group LLC lifted its stake in shares of Netflix by 900.0% in the fourth quarter. ProVise Management Group LLC now owns 2,780 shares of the Internet television network's stock worth $261,000 after buying an additional 2,502 shares in the last quarter. Finally, Obermeyer Wealth Partners lifted its stake in shares of Netflix by 705.3% in the fourth quarter. Obermeyer Wealth Partners now owns 6,080 shares of the Internet television network's stock worth $570,000 after buying an additional 5,325 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Price Performance

Shares of NFLX stock opened at $92.37 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.19. The firm's 50-day moving average is $93.60 and its two-hundred day moving average is $97.70. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company has a market capitalization of $388.94 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 1.20 and a beta of 1.67.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results 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. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the firm earned $6.61 earnings per share. Netflix's quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts predict that Netflix, Inc. will post 3.53 earnings per share for the current year.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board approved a $25 billion additional share repurchase authorization (no expiration), boosting capital returns and supporting the share price rally. Netflix announces $25 billion share buyback (Reuters)
• Positive Sentiment: Market reaction: the buyback and messaging drove pre-market gains and helped stem the post-earnings selloff. Netflix authorizes fresh $25B buyback (MSN)
• Positive Sentiment: Wall Street support: JPMorgan reaffirmed a Buy on NFLX, and Daiwa raised its price target, both reinforcing investor confidence after the drop. JPMorgan reaffirms Buy (AmericanBankingNews) Daiwa raises price target to $102 (MarketScreener)
• Positive Sentiment: Notable institutional interest — Cathie Wood continued buying shares, signaling conviction from some active growth managers. Cathie Wood keeps buying (Barchart)
• Neutral Sentiment: Industry M&A backdrop: Warner Bros. shareholders approved a large Paramount Skydance acquisition — consolidation could reshape content economics and competitive dynamics, with mixed implications for Netflix (it was the losing bidder). Warner Bros shareholders approve deal (Yahoo Finance)
• Neutral Sentiment: Strategic moves: reports Netflix is in talks to buy Los Angeles studio space — this would be a content-production play that supports long-term content pipeline but is not an immediate earnings driver. Netflix in talks to buy LA studio space (Yahoo Market Chatter)
• Neutral Sentiment: Governance item: Netflix’s board recommended “No” on two shareholder proposals tied to ideological content concerns — likely low short-term financial impact but could matter to activist investors. Board recommends No on proposals (Forbes)
• Negative Sentiment: Guidance and churn risk: management’s weak Q2 guidance after a Q1 beat signaled rising subscriber churn, which sparked the initial selloff and remains the primary near-term headwind for the stock. Buyback-and-chill strategy but guidance weak (The Daily Upside)
• Negative Sentiment: Analyst and market reaction: several pieces discuss the post-earnings selloff and questions about subscriber momentum and valuation — signaling continued volatility until membership trends stabilize. What is next after Q1 guidance selloff (Seeking Alpha)

Insider Activity

In other Netflix news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction dated Monday, February 9th. The shares were 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 of the company's stock, valued at $25,623,066. The trade was a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gregory K. Peters sold 105,781 shares of Netflix stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $82.94, for a total transaction of $8,773,476.14. Following the transaction, the chief executive officer directly owned 122,140 shares in the company, valued at $10,130,291.60. This trade represents a 46.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,487,794 shares of company stock valued at $136,255,772 over the last three months. 1.37% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NFLX. Wolfe Research reissued an "outperform" rating and issued a $107.00 price target on shares of Netflix in a research note on Friday, April 17th. Rosenblatt Securities decreased their price target on shares of Netflix from $96.00 to $95.00 and set a "neutral" rating on the stock in a research note on Friday, April 17th. The Goldman Sachs Group raised shares of Netflix from a "neutral" rating to a "buy" rating in a research note on Monday, April 13th. JPMorgan Chase & Co. reissued a "buy" rating on shares of Netflix in a research note on Wednesday. Finally, Seaport Research Partners raised their price target on shares of Netflix from $115.00 to $119.00 and gave the stock a "buy" rating in a research note on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, Netflix currently has an average rating of "Moderate Buy" and a consensus target price of $114.53.

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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