Elite Wealth Management Inc. Acquires 26,249 Shares of Netflix, Inc. $NFLX

Key Points

• Elite Wealth Management boosted its Netflix stake by 753.4% in Q4, acquiring 26,249 shares to hold 29,733 shares worth about $2.79 million, representing roughly 0.8% of its portfolio and its 23rd largest position.
• Netflix posted a strong Q1 beat (EPS $1.23 vs. $0.76; revenue $12.25B) but issued conservative Q2 guidance that spurred profit‑taking; the company also authorized a $25 billion share‑repurchase program and is rolling out a TikTok‑style "Clips" feed, while analysts keep a "Moderate Buy" consensus with a $114.82 average target.

Elite Wealth Management Inc. boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 753.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,733 shares of the Internet television network's stock after acquiring an additional 26,249 shares during the period. Netflix comprises about 0.8% of Elite Wealth Management Inc.'s portfolio, making the stock its 23rd largest position. Elite Wealth Management Inc.'s holdings in Netflix were worth $2,788,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Crews Bank & Trust increased its holdings in shares of Netflix by 5.8% in the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network's stock valued at $197,000 after acquiring an additional 9 shares during the period. Apriem Advisors increased its holdings 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 acquiring an additional 9 shares during the period. Tortoise Investment Management LLC increased its holdings 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 acquiring an additional 9 shares during the period. Brass Tax Wealth Management Inc. increased its holdings 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 acquiring an additional 9 shares during the period. Finally, Pacific Sun Financial Corp increased its holdings 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 acquiring an additional 9 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorized a large $25 billion share‑repurchase capacity, boosting optionality to reduce float and support the stock. Netflix, Inc. (NFLX) Expands Buyback Capacity with New $25B Authorization
• Positive Sentiment: Netflix is pushing mobile engagement with a TikTok‑style vertical "Clips" feed to increase viewing frequency and discovery on phones — a strategic product move to broaden usage. Netflix wants you to watch ‘Clips,' its TikTok-like vertical video feed
• Positive Sentiment: TV/market commentators and some TV‑trade segments are still listing NFLX among buy/long ideas, keeping some investor interest intact. Netflix, Cisco, Zoom And A Health Care Stock On CNBC's 'Final Trades'
• Neutral Sentiment: Analysts modestly raised forward EPS estimates (Erste Group nudged FY2026/FY2027 numbers slightly), but ratings remain mixed — small upside to estimates rather than a broad upgrade. Erste Group raises Netflix EPS estimates (MarketBeat summary)
• Neutral Sentiment: Investor attention metrics and media writeups (Zacks) show heightened interest — more eyeballs can amplify moves but don't guarantee direction. Netflix, Inc. (NFLX) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Market reaction remains focused on the company's conservative near‑term guidance (Q2 EPS guidance lower than some expected), which prompted profit‑taking despite the Q1 EPS beat. That guidance is a principal reason for downward pressure. Why Is Netflix Stock Falling, and is it a Generational Buying Opportunity?
• Negative Sentiment: Shareholder activism and governance scrutiny have returned to the headlines, adding uncertainty around strategic choices and valuation — a potential headwind for sentiment until resolved. Netflix Shareholder Activism Puts Governance And Valuation In Focus

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NFLX. Loop Capital set a $104.00 price target on Netflix in a report on Tuesday, January 27th. Wedbush restated an "outperform" rating and issued a $118.00 price target on shares of Netflix in a report on Thursday, April 16th. KeyCorp reaffirmed an "overweight" rating and issued a $115.00 price objective (up from $108.00) on shares of Netflix in a research report on Tuesday, April 14th. Rothschild & Co Redburn set a $120.00 price objective on shares of Netflix in a research report on Wednesday, January 21st. Finally, Robert W. Baird cut their price objective on shares of Netflix from $150.00 to $120.00 and set an "outperform" rating on the stock in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $114.82.

Netflix Price Performance

Shares of Netflix stock opened at $92.06 on Monday. The firm's 50 day moving average price is $94.81 and its 200-day moving average price is $96.77. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a market cap of $387.65 billion, a P/E ratio of 29.74, a PEG ratio of 1.18 and a beta of 1.55.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company's quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts predict that Netflix, Inc. will post 3.56 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the sale, the chief executive officer directly owned 122,140 shares in the company, valued at $10,166,933.60. This trade represents a 18.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Cletus R. Willems sold 3,136 shares of Netflix stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The disclosure for this sale is available in the SEC filing. Insiders sold 991,043 shares of company stock worth $94,785,475 over the last ninety days. Company insiders own 1.37% of the company's stock.

Netflix Company 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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