Gratus Wealth Advisors LLC Acquires 13,807 Shares of Netflix, Inc. $NFLX

Key Points

• Gratus Wealth Advisors LLC increased its Netflix stake by 986.9% in the fourth quarter, buying 13,807 additional shares and bringing its total holdings to 15,206 shares valued at about $1.43 million.
• Netflix continues to attract major institutional interest, with investors like Vanguard also adding shares; institutions now own 80.93% of the company.
• Netflix reported strong quarterly results, beating earnings and revenue estimates, while analysts currently rate the stock a Moderate Buy with an average price target of $114.82.

Gratus Wealth Advisors LLC boosted its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 986.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,206 shares of the Internet television network's stock after acquiring an additional 13,807 shares during the period. Gratus Wealth Advisors LLC's holdings in Netflix were worth $1,426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after purchasing an additional 142,238 shares in the last quarter. Checchi Capital Advisers LLC grew its holdings in shares of Netflix by 875.7% during the 4th quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network's stock worth $2,920,000 after purchasing an additional 27,951 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of Netflix by 837.2% during the 4th 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 in the last quarter. Crew Capital Management Ltd grew its holdings in shares of Netflix by 1,021.9% during the 4th 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. Finally, BNC Wealth Management LLC grew its holdings in shares of Netflix by 991.3% during the 4th 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. Institutional investors own 80.93% of the company's stock.

Netflix Stock Performance

NASDAQ:NFLX opened at $85.45 on Tuesday. The stock's 50-day simple moving average is $95.55 and its 200 day simple moving average is $95.62. The firm has a market capitalization of $359.81 billion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $75.01 and a twelve month 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 business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.Netflix's revenue was up 16.2% compared to the same quarter last year. During the same period last year, the firm posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Analysts Set New Price Targets

NFLX has been the topic of several analyst reports. Weiss Ratings raised Netflix from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, May 4th. Citic Securities raised their price objective on Netflix from $95.00 to $107.00 and gave the company a "hold" rating in a research note on Monday, April 27th. HSBC raised their price objective on Netflix from $106.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, April 10th. Argus reduced their price objective on Netflix from $141.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, January 22nd. Finally, DZ Bank reaffirmed a "buy" rating on shares of Netflix in a research note on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $114.82.

Insider Transactions at Netflix

In other Netflix news, Director Reed Hastings sold 420,550 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the transaction, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,422,769 shares of company stock valued at $135,144,073. 1.37% of the stock is currently owned by corporate insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix raised prices on its ad-free standard plan, which could lift average revenue per user and support profitability as streaming services push harder to monetize heavy viewing. With Netflix new ad-free standard plan at $20, streaming's tipping point into old TV is getting closer
• Positive Sentiment: Netflix continues to benefit from high-profile original content and promotional events, including “The Roast of Kevin Hart,” which helps keep the platform in the entertainment conversation. Tom Brady Hits On Kevin Hart's Wife During Netflix is a Joke Roast - TMZ
• Neutral Sentiment: Netflix was mentioned in broader media-industry coverage around TV upfronts and ad spending, but the article was more about sector trends than a company-specific catalyst. At TV upfronts, AI is in and corporate shuffles are reshaping the line-up
• Negative Sentiment: Texas Attorney General Ken Paxton filed a lawsuit accusing Netflix of spying on users, collecting data without consent, and designing its platform to be addictive, creating headline risk and potential legal costs. Netflix sued by Texas for allegedly spying on consumers
• Negative Sentiment: Another report highlighted alleged data collection of children without consent, reinforcing investor concerns about regulation and privacy-related liabilities. Texas Sues Netflix for Alleged Data Collection of Children Without Consent
• Negative Sentiment: Netflix also saw insider-selling coverage, with the CFO selling shares, which can add to bearish sentiment even if it is not necessarily a fundamental red flag. Insider Selling: Netflix NASDAQ: NFLX CFO Sells $823,054.35 in 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.