Evergreen Private Wealth LLC Purchases 62,008 Shares of Netflix, Inc. $NFLX

Key Points

• Evergreen Private Wealth LLC boosted its Netflix stake by 810.5%, buying 62,008 shares in Q4 and finishing the period with 69,659 shares worth about $6.53 million (Netflix is 2.6% of the firm's holdings and its 16th largest position).
• Netflix's board approved a $25 billion share‑repurchase authorization with no expiration, and the company posted a Q1 beat—$1.23 EPS vs. $0.76 expected and $12.25B revenue—backed by record engagement.
• Despite the buyback and upbeat results, insiders sold roughly 1,487,794 shares (≈$136.3M) in the quarter and leadership changes plus softer guidance have contributed to post‑earnings volatility.

Evergreen Private Wealth LLC lifted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 810.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,659 shares of the Internet television network's stock after buying an additional 62,008 shares during the period. Netflix comprises 2.6% of Evergreen Private Wealth LLC's holdings, making the stock its 16th largest position. Evergreen Private Wealth LLC's holdings in Netflix were worth $6,531,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Juno Financial Group LLC bought a new stake in shares of Netflix in the 4th quarter valued at $2,490,000. Teacher Retirement System of Texas increased its position in shares of Netflix by 991.8% in the 4th quarter. Teacher Retirement System of Texas now owns 1,473,196 shares of the Internet television network's stock valued at $138,127,000 after buying an additional 1,338,264 shares in the last quarter. Trail Ridge Investment Advisors LLC increased its position in shares of Netflix by 932.2% in the 4th quarter. Trail Ridge Investment Advisors LLC now owns 2,147 shares of the Internet television network's stock valued at $201,000 after buying an additional 1,939 shares in the last quarter. WP Advisors LLC increased its position in shares of Netflix by 1,129.2% in the 4th quarter. WP Advisors LLC now owns 127,490 shares of the Internet television network's stock valued at $11,953,000 after buying an additional 117,118 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. increased its position in shares of Netflix by 895.0% in the 4th quarter. Retirement Planning Co of New England Inc. now owns 16,944 shares of the Internet television network's stock valued at $1,589,000 after buying an additional 15,241 shares in the last quarter. Institutional investors own 80.93% of the company's stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board approved an additional $25 billion share-repurchase authorization (no expiration date), boosting capital returns and signaling management confidence in cash generation and valuation. This is the primary near-term positive catalyst for the stock. Netflix announces $25 billion share buyback
• Positive Sentiment: Product push: Netflix plans to launch a TikTok-style vertical video feed to capture “snackable” mobile viewing and increase engagement — a potential lever for retention, ad revenue and cross-selling to long-form content. Netflix Eyes TikTok-Style Feed To Capture 'Snackable' Viewing
• Positive Sentiment: Engagement and earnings beat: Q1 showed record engagement and an EPS/revenue beat, supporting pricing power, ad growth and longer‑term margin upside — factors analysts cite when reiterating constructive long-term views. Netflix's Engagement Momentum Builds: Is Growth Sustainable?
• Neutral Sentiment: Strategic real estate move: Netflix is in talks to buy Radford Studio Center (historic LA lot) to expand owned production capacity — could lower long-term content costs but requires capital and integration. Netflix In Negotiations To Buy Radford Studios
• Neutral Sentiment: Analyst and investor reaction is mixed: Several firms reiterated Buy/Market Perform ratings and called the post‑earnings pullback a buying opportunity, keeping a range of price targets and emphasizing long‑term growth. MarketScreener: JPMorgan keeps buy rating
• Negative Sentiment: Lingering concerns: recent guidance was softer than some expected and reporting around leadership change (Reed Hastings stepping back) contributed to a sharp post‑earnings selloff; those worries still create volatility risk despite the buyback. Netflix (NFLX) Stock Plunges 13%: Should Investors Buy the Dip?

Insider Buying and Selling at Netflix

In other news, insider David A. Hyman sold 5,727 shares of the 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 completion of the transaction, the insider directly owned 316,100 shares in the company, valued at $25,623,066. This represents a 1.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at approximately $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,487,794 shares of company stock valued at $136,255,772. Corporate insiders own 1.37% of the company's stock.

Netflix Price Performance

NFLX stock opened at $93.24 on Thursday. The stock has a 50-day moving average price of $92.95 and a two-hundred day moving average price of $97.90. The stock has a market cap of $392.61 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 1.20 and a beta of 1.67. The company has a current ratio of 1.41, a quick ratio of 1.19 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 3.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on NFLX shares. Morgan Stanley restated an "overweight" rating on shares of Netflix in a research report on Friday, April 17th. DZ Bank restated a "buy" rating on shares of Netflix in a research report on Friday, April 17th. Erste Group Bank upgraded shares of Netflix from a "hold" rating to a "buy" rating in a research report on Tuesday, March 24th. Wolfe Research reiterated an "outperform" rating and set a $107.00 target price on shares of Netflix in a report on Friday, April 17th. Finally, William Blair reiterated an "outperform" rating on shares of Netflix in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.85.

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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