Kozak & Associates Inc. Increases Stock Position in Netflix, Inc. $NFLX

Key Points

• Kozak & Associates boosted its Netflix stake by 914.2% in Q3, buying 14,161 shares to hold 15,710 shares valued at $18.835 million, which is 3.6% of the firm's portfolio and its 13th largest position.
• Company insiders have been net sellers recently — a total of 1,520,133 shares worth about $137.26 million were sold over the last 90 days, including sales by CEO Gregory K. Peters and director David A. Hyman.
• Analysts carry a consensus rating of Moderate Buy with an average price target of $114.67, while NFLX trades near $94.36 (market cap ≈ $398.4 billion), indicating potential upside versus the current price.

Kozak & Associates Inc. increased its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 914.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,710 shares of the Internet television network's stock after buying an additional 14,161 shares during the period. Netflix accounts for 3.6% of Kozak & Associates Inc.'s investment portfolio, making the stock its 13th biggest position. Kozak & Associates Inc.'s holdings in Netflix were worth $18,835,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of NFLX. Vanguard Group Inc. grew its stake in Netflix by 0.4% during 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 acquiring an additional 142,238 shares in the last quarter. CIBC Capital Markets Europe S.A. lifted its stake in Netflix by 171.4% in the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network's stock worth $79,732,000 after purchasing an additional 42,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Netflix by 6.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network's stock valued at $362,292,000 after purchasing an additional 18,837 shares during the period. NEOS Investment Management LLC grew its position in shares of Netflix by 64.6% during the 3rd quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network's stock valued at $212,565,000 after purchasing an additional 69,570 shares in the last quarter. Finally, Bornite Capital Management LP purchased a new position in shares of Netflix during the 3rd quarter valued at $29,973,000. Institutional investors own 80.93% of the company's stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix walked away from a costly, complicated bid for Warner Bros., which investors view as avoiding an expensive acquisition that could have pressured cash flow and execution. Read More.
• Positive Sentiment: Portfolio manager Stephanie Link (Hightower) is adding Netflix to her book, signalling conviction among some professional managers ahead of key industry catalysts. That buying interest can support the stock. Read More.
• Positive Sentiment: Netflix will run limited theatrical screenings for the "Stranger Things" animated spinoff — a marketing and revenue diversification move that can boost engagement and franchise value. Read More.
• Neutral Sentiment: Wells Fargo initiated coverage with an Equal Weight rating (neither bullish nor bearish), reflecting cautious optimism about Netflix’s global content strategy but not a clear near-term upside catalyst. Read More.
• Negative Sentiment: CEO Ted Sarandos’ public comments on politics have coincided with downward pressure — markets are sensitive to executive remarks that suggest political controversy could bleed into content and regulatory scrutiny. Read More.
• Negative Sentiment: Ongoing media coverage about Meghan Markle & Prince Harry’s fraught relationship with Netflix highlights reputational/partnership risks tied to high-profile talent deals and could amplify PR volatility. Read More.
• Negative Sentiment: Industry accolades (Oscars) provided limited stock lift, suggesting awards recognition isn't translating into immediate subscriber or revenue gains. That weak linkage may temper enthusiasm from event-driven PR. Read More.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 5,727 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at approximately $25,623,066. The trade was a 1.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 27,312 shares of the company's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the sale, the chief executive officer directly owned 122,140 shares of the company's stock, valued at $10,166,933.60. This trade represents a 18.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,520,133 shares of company stock valued at $137,259,786 over the last 90 days. Company insiders own 1.37% of the company's stock.

Analysts Set New Price Targets

NFLX has been the topic of a number of recent analyst reports. William Blair reiterated an "outperform" rating on shares of Netflix in a research report on Wednesday, January 21st. Arete Research upgraded Netflix from a "neutral" rating to a "buy" rating in a research note on Friday, February 27th. Citic Securities lowered their price target on Netflix from $109.00 to $95.00 and set a "hold" rating on the stock in a report on Monday, January 26th. Loop Capital set a $104.00 price objective on Netflix in a report on Tuesday, January 27th. Finally, Phillip Securities upgraded shares of Netflix from a "sell" rating to a "moderate buy" rating and upped their price objective for the stock from $95.00 to $100.00 in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, Netflix has a consensus rating of "Moderate Buy" and an average target price of $114.67.

Netflix Trading Down 0.9%

NASDAQ NFLX opened at $94.36 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock's 50-day simple moving average is $86.72 and its two-hundred day simple moving average is $102.29. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The company has a market capitalization of $398.40 billion, a price-to-earnings ratio of 37.34, a PEG ratio of 1.46 and a beta of 1.68.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $12.05 billion during the quarter, compared to analysts' expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

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.

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX - Free Report).

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.