GF Fund Management CO. LTD. Purchases 806,909 Shares of Netflix, Inc. $NFLX

Key Points

• GF Fund Management CO. LTD. increased its Netflix stake by 928.7%, adding 806,909 shares to hold 893,795 shares worth about $83.8 million, roughly 1.4% of its portfolio (its 16th largest holding).
• Netflix beat Q1 estimates (revenue $12.25B, GAAP EPS $1.23) but issued weaker Q2 guidance and saw co‑founder Reed Hastings decline re‑election amid significant insider selling, which helped push the stock down about 9.7% and prompted mixed analyst reactions (consensus: Moderate Buy, avg. target $114.73).

GF Fund Management CO. LTD. increased its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 928.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 893,795 shares of the Internet television network's stock after acquiring an additional 806,909 shares during the quarter. Netflix comprises approximately 1.4% of GF Fund Management CO. LTD.'s investment portfolio, making the stock its 16th biggest holding. GF Fund Management CO. LTD.'s holdings in Netflix were worth $83,802,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NFLX. Robert W. Baird lowered their price objective on shares of Netflix from $150.00 to $120.00 and set an "outperform" rating on the stock in a report on Friday, January 23rd. Erste Group Bank upgraded shares of Netflix from a "hold" rating to a "buy" rating in a report on Tuesday, March 24th. Rothschild & Co Redburn set a $120.00 price objective on shares of Netflix in a report on Wednesday, January 21st. Cfra upgraded shares of Netflix from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a report on Friday, March 6th. Finally, HSBC lifted their price objective on shares of Netflix from $106.00 to $114.00 and gave the company a "buy" rating in a report on Friday, April 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and fourteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $114.73.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results beat expectations — revenue of $12.25B and GAAP EPS of $1.23 topped consensus, driven by subscription pricing, ad revenue growth and margin expansion; these fundamentals underpin many analyst “buy the dip” calls. Q1 results detail
• Positive Sentiment: Longer‑term growth levers remain: management emphasized live sports discussions (NFL interest) and continued ad‑tier expansion; analysts who stayed bullish point to strong cash generation and ad upside. Live sports / NFL rights
• Neutral Sentiment: Product/tech roadmap: Netflix plans a TikTok‑style vertical feed and broader AI use for recommendations — positive for engagement but not an immediate revenue catalyst. TechCrunch: vertical feed
• Negative Sentiment: Q2 guidance disappointed — the company issued Q2 EPS/revenue guidance below consensus (management cited slower near‑term growth and margin pressure), which shifted focus from the quarter to the outlook and trimmed near‑term expectations. Reuters: downbeat Q2 forecast
• Negative Sentiment: Leadership change spooked the market — Reed Hastings announced he will not stand for re‑election to the board, prompting concern about governance continuity amid a strategic pivot after the failed Warner Bros. bid. That exit amplified the selloff. Deadline: Hastings exit
• Negative Sentiment: Analyst reaction and price‑target moves were mixed-to-negative — several firms trimmed targets or moved to neutral/hold citing valuation and near‑term growth deceleration, increasing downward pressure. Invezz: analyst reactions

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 28,630 shares of the business's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total value of $2,805,740.00. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company's stock, valued at approximately $7,231,126. The trade was a 27.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Cletus R. Willems sold 3,136 shares of the business's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,487,794 shares of company stock valued at $136,255,772 in the last 90 days. 1.37% of the stock is currently owned by corporate insiders.

Netflix Trading Down 9.7%

Shares of Netflix stock opened at $97.31 on Friday. The firm has a 50-day moving average of $92.20 and a 200-day moving average of $98.55. The stock has a market cap of $410.86 billion, a PE ratio of 31.43, a PEG ratio of 1.60 and a beta of 1.67. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 43.01%. Netflix's quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

About Netflix

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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