Netflix, Inc. $NFLX Shares Acquired by Bogart Wealth LLC

Key Points

• Bogart Wealth LLC raised its Netflix stake by 1,017.4% to 138,865 shares (worth $13.02M), and several other hedge funds also materially increased holdings, leaving institutional investors with about 80.93% ownership.
• Netflix beat Q1 estimates with EPS $1.23 vs. $0.76 and $12.25B revenue, showing strong margins and ROE, but management set modest Q2 EPS guidance of $0.78 and analysts remain mixed with a consensus rating of Moderate Buy and a $114.82 target.
• Significant insider selling (about 1.49M shares, ~$136M in the last 90 days) and co‑founder Reed Hastings stepping away introduce governance and near‑term sentiment risks despite the operational beat.

Bogart Wealth LLC grew its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,017.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,865 shares of the Internet television network's stock after purchasing an additional 126,438 shares during the period. Bogart Wealth LLC's holdings in Netflix were worth $13,020,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Sage Rhino Capital LLC increased its holdings in shares of Netflix by 879.7% in the fourth quarter. Sage Rhino Capital LLC now owns 19,016 shares of the Internet television network's stock valued at $1,783,000 after purchasing an additional 17,075 shares during the period. Fagan Associates Inc. increased its holdings in shares of Netflix by 1,037.5% in the fourth quarter. Fagan Associates Inc. now owns 27,311 shares of the Internet television network's stock valued at $2,561,000 after purchasing an additional 24,910 shares during the period. Simplicity Wealth LLC increased its holdings in shares of Netflix by 907.4% in the fourth quarter. Simplicity Wealth LLC now owns 54,520 shares of the Internet television network's stock valued at $5,112,000 after purchasing an additional 49,108 shares during the period. Turning Point Benefit Group Inc. increased 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 valued at $25,000 after purchasing an additional 268 shares during the period. Finally, Ellenbecker Investment Group increased its holdings in shares of Netflix by 800.0% in the fourth quarter. Ellenbecker Investment Group now owns 4,176 shares of the Internet television network's stock valued at $392,000 after purchasing an additional 3,712 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. BMO Capital Markets lowered their target price on Netflix from $143.00 to $135.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 21st. HSBC upped their target price on Netflix from $106.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, April 10th. Pivotal Research set a $96.00 target price on Netflix and gave the stock a "hold" rating in a research note on Friday, April 17th. Rothschild & Co Redburn set a $120.00 target price on Netflix in a research note on Wednesday, January 21st. Finally, Susquehanna upgraded Netflix to a "positive" rating and set a $112.00 target price on the stock in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.82.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results and profitability showing strength (revenue and EPS beat, healthy margins) supporting the bull case. Netflix NASDAQ: NFLX Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
• Positive Sentiment: Piper Sandler lifted its price target to $115 and kept an Overweight rating after Q1, signaling continued analyst confidence in the recovery trajectory. Netflix, Inc. (NFLX): One of the Best Big Name Stocks to Buy
• Positive Sentiment: Bullish commentary and feature pieces argue the pullback is a buying opportunity for long‑term investors, reinforcing demand from value‑oriented buyers. Netflix Stock Is Down 32%. Here's Why It's a Screaming Buy.
• Positive Sentiment: Standalone bullish takeaways (analyst/upside stories and price‑target raises) and promotional pieces (e.g., “$25 billion reason to buy”) are adding incremental positive flow. A $25 Billion Reason to Buy Netflix Stock in April 2026
• Neutral Sentiment: Management is shifting capital allocation to prioritize profit discipline and diversify into ads, live sports, gaming and experiences — a strategic positive long term but a source of near‑term uncertainty as margins reset. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Neutral Sentiment: Market commentary offers mixed views — some investors say it’s a buy at current levels, others say valuation still looks rich versus near‑term risk. I Want to Buy Netflix Stock, Just Not at This Price
• Neutral Sentiment: Regional viewing data: Netflix usage in Australia is strong overall, but viewers favor non‑local content — a programming/market mix datapoint without immediate earnings impact. Netflix Audiences In Australia Are Booming, But Report Finds They Aren't Watching Local Content
• Negative Sentiment: Bernstein trimmed its price target (from $115 to $110) citing near‑term margin pressure — a reminder investors are watching cost control as Netflix scales content, ads and new initiatives. Bernstein Reduces PT on Netflix (NFLX) on Near Term Margin Concerns
• Negative Sentiment: Erste downgraded the stock from buy to hold, reflecting some analyst caution after the run and amid margin/growth tradeoffs. Finviz analyst note (Erste downgrade)
• Negative Sentiment: Co‑founder Reed Hastings is stepping away from the company — a governance/leadership change that can introduce investor nervousness despite management continuity. Netflix Co-Founder Reed Hastings Is Leaving the Company. What Does This Mean for the Stock?
• Negative Sentiment: Q2 guidance and near‑term EPS cadence remain modest (management set relatively low Q2 EPS guidance), which keeps focus on execution and margins and caps near‑term upside.

Netflix Stock Performance

Shares of NFLX stock opened at $92.32 on Wednesday. The company has a market capitalization of $388.72 billion, a P/E ratio of 29.82, a P/E/G ratio of 1.19 and a beta of 1.67. The business's 50 day moving average is $94.19 and its two-hundred day moving average is $97.18. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. 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 issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.Netflix's revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts expect that Netflix, Inc. will post 3.53 EPS for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, insider David A. Hyman sold 5,727 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the transaction, the insider owned 316,100 shares in the company, valued at approximately $25,623,066. This represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at $7,046,658.50. This represents a 43.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,487,794 shares of company stock worth $136,255,772. Company insiders own 1.37% of the company's 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.

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