Great Diamond Partners LLC Boosts Holdings in Netflix, Inc. $NFLX

Key Points

• Great Diamond Partners LLC increased its Netflix stake by 849.9% in the fourth quarter, ending with 14,419 shares valued at about $1.35 million.
• Several other institutional investors also boosted or initiated positions in Netflix, and overall hedge funds and institutions own 80.93% of the company.
• Analyst sentiment remains constructive, with Netflix carrying an average “Moderate Buy” rating and a consensus target price of $114.82, even as some insiders recently sold shares for tax-related reasons.

Great Diamond Partners LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 849.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,419 shares of the Internet television network's stock after acquiring an additional 12,901 shares during the period. Great Diamond Partners LLC's holdings in Netflix were worth $1,352,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. First Financial Corp IN raised its holdings in shares of Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock worth $25,000 after buying an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after buying an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after buying an additional 268 shares during the last quarter. Imprint Wealth LLC purchased a new position in shares of Netflix in the third quarter worth $25,000. Finally, MB Levis & Associates LLC raised its holdings in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock worth $28,000 after buying an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Analyst Ratings Changes

NFLX has been the subject of a number of research analyst reports. William Blair reaffirmed an "outperform" rating on shares of Netflix in a report on Wednesday, January 21st. Weiss Ratings raised shares of Netflix from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, May 4th. Susquehanna upgraded shares of Netflix to a "positive" rating and set a $112.00 price objective on the stock in a research note on Wednesday, January 21st. Arete Research upgraded shares of Netflix from a "neutral" rating to a "buy" rating in a research note on Friday, February 27th. Finally, Huber Research upgraded shares of Netflix from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the stock. According to data from MarketBeat, Netflix presently has an average rating of "Moderate Buy" and an average target price of $114.82.

Insiders Place Their Bets

In other news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,422,769 shares of company stock valued at $135,144,073. 1.24% of the stock is owned by company insiders.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Wall Street sentiment improved after Netflix’s upfront presentation, with analysts becoming more constructive on the company’s advertising outlook and monetization strategy. Netflix Sentiment Improves After Video Streamer's Upfront Presentation
• Positive Sentiment: Bank of America said Netflix’s ad-supported tier has surpassed 250 million monthly viewers globally, signaling strong growth in the ad business as live sports and international expansion deepen engagement. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: New research from Omdia projects CTV ad revenue will keep growing sharply, with Netflix, Amazon, and Google expected to capture a large share of the market by 2030. Omdia: Amazon, Netflix and Google to Capture Half of $81 Billion CTV Advertising Market by 2030
• Positive Sentiment: Articles highlighted Netflix’s NFL broadcasting push, suggesting the company could use live football games to attract new subscribers and strengthen its sports offering. Why Netflix and the NFL Could Be a Perfect Match
• Positive Sentiment: Coverage also framed Netflix as a potential long-term winner, with some commentary asking whether it could become a trillion-dollar company as it scales new revenue streams. Is Netflix the Next Trillion-Dollar Company?
• Neutral Sentiment: Several articles were speculative or opinion-based pieces on Netflix’s valuation and future stock price, which add to investor debate but do not change the fundamentals by themselves. Buy, Sell or Hold Netflix at $90?
• Negative Sentiment: One story about Mackenzie Shirilla’s father claiming Netflix’s documentary “The Crash” twisted his words could raise some reputational noise, though the direct financial impact on Netflix appears limited. Mackenzie Shirilla’s Dad Says Netflix’s ‘The Crash’ Twisted His Words About Marijuana

Netflix Stock Down 1.4%

NFLX stock opened at $88.09 on Thursday. The firm has a market cap of $370.93 billion, a PE ratio of 28.45, a P/E/G ratio of 1.14 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The firm's fifty day moving average is $94.16 and its 200 day moving average is $94.34. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

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 the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter last year, the business earned $6.61 earnings per share. The company's revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.

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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