Freestone Capital Holdings LLC Buys 91,552 Shares of Netflix, Inc. $NFLX

Key Points

• Freestone Capital increased its Netflix stake by 901.8% in Q4, adding 91,552 shares to hold 101,704 shares worth about $9.54 million, while institutional investors now own roughly 80.93% of the company.
• Wall Street sentiment is broadly positive with multiple price-target boosts and buy ratings; the consensus analyst rating is a Moderate Buy with an average target of $115.80.
• Significant insider selling has occurred recently: Director Reed Hastings sold 420,550 shares (~$40.16M) and insiders sold about 1,543,023 shares (~$141.15M) over the past 90 days, leaving insider ownership at 1.37%.

Freestone Capital Holdings LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 901.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,704 shares of the Internet television network's stock after acquiring an additional 91,552 shares during the period. Freestone Capital Holdings LLC's holdings in Netflix were worth $9,536,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of NFLX. Vanguard Group Inc. raised its stake in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after buying an additional 142,238 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in Netflix by 837.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network's stock worth $10,443,000 after purchasing an additional 99,496 shares during the last quarter. Crew Capital Management Ltd increased its position in shares of Netflix by 1,021.9% during the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network's stock worth $847,000 after purchasing an additional 8,226 shares in the last quarter. BNC Wealth Management LLC increased its position in shares of Netflix by 991.3% during the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network's stock worth $3,866,000 after purchasing an additional 37,451 shares in the last quarter. Finally, Grove Bank & Trust increased its position in shares of Netflix by 1,379.8% during the fourth quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network's stock worth $2,392,000 after purchasing an additional 23,788 shares in the last quarter. Institutional investors own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. HSBC upped their price target on Netflix from $106.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, April 10th. Huber Research raised Netflix from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, February 27th. Citizens Jmp assumed coverage on Netflix in a research report on Monday, March 30th. They set a "market perform" rating on the stock. Barclays assumed coverage on Netflix in a research report on Monday, March 2nd. They set an "equal weight" rating and a $115.00 price target on the stock. Finally, Susquehanna raised Netflix to a "positive" rating and set a $112.00 price target on the stock in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $115.80.

Netflix Price Performance

Shares of NFLX opened at $106.17 on Wednesday. The firm has a market capitalization of $448.27 billion, a PE ratio of 42.01, a price-to-earnings-growth ratio of 1.56 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company's fifty day moving average price is $90.81 and its 200-day moving average price is $98.74.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. The firm had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Activity

In other news, Director Reed Hastings sold 420,550 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director directly owned 3,940 shares of the company's stock, valued at $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,727 shares of the business's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the sale, the insider directly owned 316,100 shares in the company, valued at $25,623,066. This trade represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,543,023 shares of company stock valued at $141,145,842. 1.37% of the stock is owned by corporate insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple Wall Street price-target boosts and buy ratings — Wedbush, Moffett Nathanson and Guggenheim increased targets (Wedbush to $118, Moffett to $120, Guggenheim $130), signaling expectations for stronger ad monetization and operating leverage ahead of earnings. Netflix Stock Gains Momentum as Wedbush Lifts Target to $118 Ahead of Q1 Results
• Positive Sentiment: KeyBanc says Netflix’s ad-supported tier is scaling faster than expected and raised its forecast — this supports the story that ad revenue could materially outpace guidance. KeyBanc: Netflix’s Advertising Tier Is Scaling Faster Than Anticipated
• Positive Sentiment: Heavy bullish options activity — an unusually large number of call options traded, indicating short‑term speculative or hedged bullish positioning ahead of earnings (could amplify moves around the print).
• Positive Sentiment: Consensus Q1 previews expect solid results (an analyst street view calls for ~15% revenue growth, EPS beat potential and ad revenue >$3B) — investors are positioning for a beat-and-raise quarter. Netflix (NFLX) Stock: Q1 2026 Earnings Preview and What Analysts Are Saying
• Positive Sentiment: Positive media/analyst narratives and investor commentary (Jim Cramer, Seeking Alpha, Zacks) are reinforcing bullish sentiment ahead of the print, which can drive momentum into the report. Jim Cramer Calls Netflix a “Juggernaut”
• Neutral Sentiment: Analytical pieces highlighting Netflix’s “moat” and international growth runway reinforce longer‑term thesis but are unlikely to move the stock absent fresh data. What Gives Netflix (NFLX) a Valuable Moat?
• Neutral Sentiment: Ted Sarandos’ outreach to cinema owners and other corporate/industry moves are strategic but represent medium-term optionality rather than immediate earnings drivers. Netflix Leader Makes Rare Overture to Cinema Owners
• Negative Sentiment: Not all signals are unequivocally bullish — at least one major shop (Deutsche Bank) retains a hold rating with a $100 target (below recent levels), highlighting some analyst caution and potential downside if Netflix misses guidance. Deutsche Bank Adjusts Netflix Price Target to $100 From $98
• Negative Sentiment: Elevated implied volatility around earnings (analysts note a >6% expected move) and recent insider/insider-related headlines could amplify downside on a disappointment or create whipsaw trading. Netflix (NFLX) Stock: Q1 2026 Earnings Preview and What Analysts Are Saying

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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