FUKOKU MUTUAL LIFE INSURANCE Co Boosts Holdings in Netflix, Inc. $NFLX

Key Points

• FUKOKU MUTUAL LIFE INSURANCE Co increased its Netflix stake by 782.6% in the fourth quarter, ending with 15,525 shares valued at about $1.46 million.
• Other major institutional investors also boosted their Netflix holdings sharply, and 80.93% of the stock is now owned by institutions, signaling strong professional investor interest.
• Despite upbeat analyst chatter about Netflix’s ad business and growth prospects, the stock remains under pressure relative to its 52-week high, while insiders have also been selling shares in recent months.

FUKOKU MUTUAL LIFE INSURANCE Co raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 782.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,525 shares of the Internet television network's stock after purchasing an additional 13,766 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co's holdings in Netflix were worth $1,456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NFLX. Vanguard Group Inc. lifted its position in shares of Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network's stock worth $36,567,805,000 after purchasing an additional 351,493,659 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network's stock worth $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of Netflix by 912.3% during the fourth quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock worth $3,463,498,000 after purchasing an additional 33,290,988 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Netflix by 639.9% during the fourth quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network's stock worth $3,269,594,000 after purchasing an additional 30,158,900 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Netflix by 916.1% during the fourth quarter. Legal & General Group Plc now owns 26,522,252 shares of the Internet television network's stock worth $2,486,726,000 after purchasing an additional 23,912,151 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple analyst-style pieces argue that Netflix’s ad business is becoming a major growth driver, with 2026 ad revenue projections around $3 billion and new formats, live events, and ad-tech tools expanding monetization. Article Title
• Positive Sentiment: Several bullish writeups say Netflix could be in the early stages of a comeback, citing upside from advertising scale and stronger cash generation, with one piece raising a 12-month target far above current levels. Article Title
• Positive Sentiment: Another bullish note says Netflix’s ad empire story is “too good to ignore,” highlighting the scalability of the ad tier, higher ARPU, and the potential for ad revenue to become a meaningful share of total sales. Article Title
• Positive Sentiment: Netflix is also getting support from reports tied to the AI/content-efficiency narrative, including a $600 million deal involving Ben Affleck’s AI company and claims that Netflix could save billions over time through production efficiencies. Article Title
• Neutral Sentiment: Netflix-related mentions in broader entertainment coverage, including a new “60 Minutes” head who previously worked with Netflix projects, are not likely to have a direct material impact on the stock. Article Title
• Negative Sentiment: Some recent coverage still points out that NFLX has been trading well below its 52-week high and has had a difficult year, which keeps valuation concerns and skepticism alive. Article Title

Insider Transactions at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Reed Hastings sold 407,550 shares of Netflix stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $93.13, for a total value of $37,955,131.50. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at $366,932.20. This trade represents a 99.04% decrease in their position. 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 1,365,509 shares of company stock valued at $129,675,743 over the last three months. 1.24% of the stock is currently owned by corporate insiders.

Netflix Stock Performance

NFLX stock opened at $86.36 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50-day moving average price of $93.29 and a 200 day moving average price of $93.43. The company has a market capitalization of $363.64 billion, a P/E ratio of 27.89, a PEG ratio of 1.11 and a beta of 1.55. 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 quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm's quarterly revenue was up 16.2% on a year-over-year basis. 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. As a group, equities research analysts forecast that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

NFLX has been the subject of several research analyst reports. Wolfe Research reiterated an "outperform" rating and set a $107.00 target price on shares of Netflix in a research report on Friday, April 17th. KeyCorp reiterated an "overweight" rating and set a $115.00 target price (up from $108.00) on shares of Netflix in a research report on Tuesday, April 14th. Phillip Securities lifted their target price on Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. President Capital lifted their target price on Netflix from $133.00 to $134.00 and gave the stock a "buy" rating in a research report on Tuesday, March 31st. Finally, Erste Group Bank downgraded Netflix from a "buy" rating to a "hold" rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat, Netflix has an average rating of "Moderate Buy" and an average target price of $114.82.

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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