KG&L Capital Management LLC Purchases 18,075 Shares of Netflix, Inc. $NFLX

Key Points

• KG&L Capital Management boosted its Netflix stake by 2,693.7% in Q4, adding 18,075 shares to hold 18,746 shares worth about $1.758 million.
• Analyst upgrades and institutional buying—fueled by the scaling ad-supported tier and expectations for higher margins and buybacks—have lifted sentiment ahead of Q1 earnings on April 16.
• Insiders have been net sellers recently: Reed Hastings sold 420,550 shares and insiders disposed of 1,543,023 shares (about $141.1 million) over the last three months, leaving insiders with 1.37% ownership.

KG&L Capital Management LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 2,693.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,746 shares of the Internet television network's stock after acquiring an additional 18,075 shares during the period. KG&L Capital Management LLC's holdings in Netflix were worth $1,758,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. First Financial Corp IN boosted its holdings in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock valued at $25,000 after acquiring an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock valued at $25,000 after acquiring an additional 239 shares during the last quarter. Imprint Wealth LLC bought a new position in Netflix in the third quarter valued at about $25,000. Retirement Wealth Solutions LLC bought a new position in Netflix in the third quarter valued at about $28,000. Finally, MB Levis & Associates LLC boosted its holdings in Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock valued at $28,000 after acquiring an additional 192 shares during the last quarter. Institutional investors own 80.93% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple analyst upgrades and price-target raises lift sentiment — Wedbush bumped its target and kept an Outperform rating, Morgan Stanley raised its target and maintained Overweight, and HSBC lifted its target while keeping a Buy. These moves point to growing confidence in Netflix’s revenue and margin outlook. Wedbush price-target raise
• Positive Sentiment: Ad-supported tier is scaling and lowering churn, which analysts say boosts advertiser confidence and monetization — a key driver for revenue upside and margin expansion. Ad-tier traction
• Positive Sentiment: Analysts expect stronger operating margins and more buybacks — one analyst notes Netflix could lift its 2026 operating-margin guide toward ~32% while sustaining mid-teens revenue growth, supporting higher EPS and potential share repurchases. Margin/ buyback outlook
• Positive Sentiment: Institutional buying: several high-profile funds increased Netflix positions after the Warner Bros. deal fell through, signaling conviction from big investors. That institutional demand is propping up the stock into earnings. Hedge funds adding
• Neutral Sentiment: Upcoming catalyst: Q1 earnings on April 16 is the immediate event — positive prints on ad revenue, pricing, or margins could extend the rally; a miss could reverse gains. Earnings catalyst
• Neutral Sentiment: Media/market commentary highlights Netflix’s steady revenue growth versus peers and frames the stock as a durable streaming leader; useful context but not immediate price drivers. Industry comparisons
• Negative Sentiment: Balance-sheet nuance: coverage points to roughly $7.4B in stock-option obligations that can act like hidden leverage — a reminder for investors watching capital allocation and net-debt metrics. Hidden option liability
• Negative Sentiment: Post-earnings volatility risk — options-market patterns suggest a “sawtooth” and potential for a sharp move after the print; that raises short-term risk even if fundamentals look sound. Options volatility risk

Netflix Price Performance

Shares of NFLX opened at $103.02 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The stock has a market cap of $434.96 billion, a P/E ratio of 40.77, a price-to-earnings-growth ratio of 1.56 and a beta of 1.67. The stock's 50-day moving average price is $89.88 and its two-hundred day moving average price is $99.14.

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

Insider Buying and Selling at Netflix

In other news, insider David A. Hyman sold 23,439 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the completion of the sale, the insider owned 316,100 shares of the company's stock, valued at $27,851,571. This represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction on Wednesday, April 1st. The stock was 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. This represents a 99.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,543,023 shares of company stock worth $141,145,842 over the last three months. Company insiders own 1.37% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NFLX. Robert W. Baird decreased their price target on Netflix from $150.00 to $120.00 and set an "outperform" rating on the stock in a report on Friday, January 23rd. BMO Capital Markets decreased their price target on Netflix from $143.00 to $135.00 and set an "outperform" rating on the stock in a report on Wednesday, January 21st. Erste Group Bank upgraded Netflix from a "hold" rating to a "buy" rating in a report on Tuesday, March 24th. Citizens Jmp assumed coverage on Netflix in a report on Monday, March 30th. They set a "market perform" rating on the stock. Finally, Huber Research upgraded Netflix from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, Netflix has a consensus rating of "Moderate Buy" and an average target price of $115.50.

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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