Exencial Wealth Advisors LLC Acquires 21,763 Shares of Netflix, Inc. $NFLX

Key Points

• Exencial Wealth Advisors boosted its Netflix stake by 1,005.2%, buying 21,763 shares to hold 23,928 shares worth about $2.24 million, while institutional investors now own roughly 80.93% of the stock.
• Netflix beat Q1 expectations with $1.23 EPS versus $0.76 consensus and $12.25B revenue versus $12.17B, showing strong margins, though management set relatively modest Q2 EPS guidance.
• Significant insider selling occurred last quarter — including CEO Gregory Peters and co‑founder Reed Hastings — with insiders offloading about 1.49 million shares valued at $136.3 million, leaving insiders owning just 1.37%.

Exencial Wealth Advisors LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,005.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 23,928 shares of the Internet television network's stock after purchasing an additional 21,763 shares during the period. Exencial Wealth Advisors LLC's holdings in Netflix were worth $2,243,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Financial Corp IN grew its holdings in Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 243 shares during the period. DiNuzzo Private Wealth Inc. grew its holdings in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after purchasing an additional 239 shares during the period. Imprint Wealth LLC bought a new position in Netflix during the third quarter worth about $25,000. MB Levis & Associates LLC grew its holdings in Netflix by 177.8% during the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock worth $28,000 after purchasing an additional 192 shares during the period. Finally, Brown Shipley& Co Ltd boosted its holdings in shares of Netflix by 867.7% during the fourth quarter. Brown Shipley& Co Ltd now owns 300 shares of the Internet television network's stock worth $28,000 after acquiring an additional 269 shares during the period. Institutional investors own 80.93% of the company's stock.

Netflix Trading Up 1.0%

Shares of NFLX stock opened at $92.32 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $388.72 billion, a P/E ratio of 29.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.67. The stock has a 50 day simple moving average of $94.19 and a 200 day simple moving average of $97.18. 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 issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 40.92% and a net margin of 28.52%.The firm's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts predict that Netflix, Inc. will post 3.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Piper Sandler restated an "overweight" rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a report on Friday, April 17th. William Blair restated an "outperform" rating on shares of Netflix in a report on Wednesday, January 21st. Morgan Stanley restated an "overweight" rating on shares of Netflix in a report on Friday, April 17th. Oppenheimer set a $120.00 price objective on Netflix and gave the stock an "outperform" rating in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Netflix from $98.00 to $100.00 and gave the stock a "hold" rating in a report on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $114.82.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results and profitability showing strength (revenue and EPS beat, healthy margins) supporting the bull case. Netflix NASDAQ: NFLX Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
• Positive Sentiment: Piper Sandler lifted its price target to $115 and kept an Overweight rating after Q1, signaling continued analyst confidence in the recovery trajectory. Netflix, Inc. (NFLX): One of the Best Big Name Stocks to Buy
• Positive Sentiment: Bullish commentary and feature pieces argue the pullback is a buying opportunity for long‑term investors, reinforcing demand from value‑oriented buyers. Netflix Stock Is Down 32%. Here's Why It's a Screaming Buy.
• Positive Sentiment: Standalone bullish takeaways (analyst/upside stories and price‑target raises) and promotional pieces (e.g., “$25 billion reason to buy”) are adding incremental positive flow. A $25 Billion Reason to Buy Netflix Stock in April 2026
• Neutral Sentiment: Management is shifting capital allocation to prioritize profit discipline and diversify into ads, live sports, gaming and experiences — a strategic positive long term but a source of near‑term uncertainty as margins reset. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Neutral Sentiment: Market commentary offers mixed views — some investors say it’s a buy at current levels, others say valuation still looks rich versus near‑term risk. I Want to Buy Netflix Stock, Just Not at This Price
• Neutral Sentiment: Regional viewing data: Netflix usage in Australia is strong overall, but viewers favor non‑local content — a programming/market mix datapoint without immediate earnings impact. Netflix Audiences In Australia Are Booming, But Report Finds They Aren't Watching Local Content
• Negative Sentiment: Bernstein trimmed its price target (from $115 to $110) citing near‑term margin pressure — a reminder investors are watching cost control as Netflix scales content, ads and new initiatives. Bernstein Reduces PT on Netflix (NFLX) on Near Term Margin Concerns
• Negative Sentiment: Erste downgraded the stock from buy to hold, reflecting some analyst caution after the run and amid margin/growth tradeoffs. Finviz analyst note (Erste downgrade)
• Negative Sentiment: Co‑founder Reed Hastings is stepping away from the company — a governance/leadership change that can introduce investor nervousness despite management continuity. Netflix Co-Founder Reed Hastings Is Leaving the Company. What Does This Mean for the Stock?
• Negative Sentiment: Q2 guidance and near‑term EPS cadence remain modest (management set relatively low Q2 EPS guidance), which keeps focus on execution and margins and caps near‑term upside.

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 27,312 shares of the business's stock in a transaction that occurred on Tuesday, February 10th. The stock was 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 approximately $10,166,933.60. The trade was a 18.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Reed Hastings sold 420,550 shares of the business's 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 completion of the sale, the director owned 3,940 shares of the company's stock, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,487,794 shares of company stock valued at $136,255,772 in the last quarter. Company insiders own 1.37% of the company's stock.

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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