Netflix, Inc. $NFLX Holdings Raised by Asset Dedication LLC

Key Points

• Asset Dedication LLC raised its Netflix stake by 906.9% in Q4, buying an additional 66,946 shares to hold 74,328 shares worth about $6.97 million.
• Netflix beat Q1 estimates (revenue $12.25B, GAAP EPS $1.23) but issued disappointing Q2 guidance and saw Reed Hastings announce he will not stand for re‑election, moves that contributed to a market selloff and analyst target cuts.
• Company insiders have been net sellers recently — about 1.49 million shares (~$136M) sold over the last three months, including CEO Gregory Peters' sale, leaving insiders with roughly 1.37% ownership.

Asset Dedication LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 906.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,328 shares of the Internet television network's stock after purchasing an additional 66,946 shares during the period. Asset Dedication LLC's holdings in Netflix were worth $6,969,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. First Financial Corp IN raised its position in Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock valued at $25,000 after buying an additional 243 shares during the period. DiNuzzo Private Wealth Inc. raised its position in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock valued at $25,000 after buying an additional 239 shares during the period. Imprint Wealth LLC acquired a new position in Netflix during the third quarter valued at $25,000. MB Levis & Associates LLC raised its position in Netflix by 177.8% during the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock valued at $28,000 after buying an additional 192 shares during the period. Finally, Brown Shipley& Co Ltd raised its position in Netflix by 867.7% during the fourth quarter. Brown Shipley& Co Ltd now owns 300 shares of the Internet television network's stock valued at $28,000 after buying an additional 269 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Key Netflix News

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

Netflix Stock Performance

NFLX opened at $97.31 on Friday. The firm has a market capitalization of $410.86 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.67. The stock's 50 day moving average price is $92.20 and its two-hundred day moving average price is $98.55. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLX - Get Free Report) last released 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 firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 43.01% and a net margin of 28.52%.The company's revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other Netflix news, insider Cletus R. Willems sold 3,136 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the sale, the chief executive officer directly owned 122,140 shares in the company, 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. Over the last three months, insiders have sold 1,487,794 shares of company stock worth $136,255,772. Insiders own 1.37% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NFLX shares. Pivotal Research set a $96.00 price target on Netflix and gave the company a "hold" rating in a research report on Friday. Citic Securities dropped their price target on Netflix from $109.00 to $95.00 and set a "hold" rating on the stock in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft upped their price target on Netflix from $98.00 to $100.00 and gave the company a "hold" rating in a research report on Tuesday. Morgan Stanley reissued an "overweight" rating on shares of Netflix in a research report on Friday. Finally, Phillip Securities raised Netflix from a "sell" rating to a "moderate buy" rating and upped their price target for the company 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-five have issued a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $114.58.

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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