Netflix, Inc. $NFLX Shares Acquired by Gemmer Asset Management LLC

Key Points

• Gemmer Asset Management grew its Netflix stake by 1,213.8% in Q4, adding 16,314 shares to hold 17,658 shares worth about $1,656,000 per its latest 13F filing.
• A number of other institutions also boosted holdings (e.g., Vanguard owns 38,521,322 shares worth ~$46.18B), leaving institutional investors with 80.93% of Netflix stock outstanding.
• Wall Street is broadly constructive ahead of Q1—several firms raised targets or ratings (including a Goldman Sachs upgrade) and analysts expect ad revenues to top $3 billion, with a consensus rating of "Moderate Buy" and an average price target of $115.50.

Gemmer Asset Management LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,213.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,658 shares of the Internet television network's stock after purchasing an additional 16,314 shares during the quarter. Gemmer Asset Management LLC's holdings in Netflix were worth $1,656,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised 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 worth $46,183,983,000 after acquiring an additional 142,238 shares during the period. Contravisory Investment Management Inc. raised its stake in Netflix by 837.2% during the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network's stock worth $10,443,000 after acquiring an additional 99,496 shares during the period. Crew Capital Management Ltd raised its stake in Netflix by 1,021.9% during the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network's stock worth $847,000 after acquiring an additional 8,226 shares during the period. BNC Wealth Management LLC raised its stake in Netflix by 991.3% during the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network's stock worth $3,866,000 after acquiring an additional 37,451 shares during the period. Finally, Grove Bank & Trust raised its stake in Netflix by 1,379.8% during the fourth quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network's stock worth $2,392,000 after acquiring an additional 23,788 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several firms raised price targets and ratings ahead of Q1, highlighting a more favourable risk/reward into the print. Deutsche Bank boosted its target while maintaining a cautious view. Article Title
• Positive Sentiment: Wedbush raised its price target and flagged strong ad‑momentum that could materially lift revenue and margins versus prior guidance. Article Title
• Positive Sentiment: Goldman Sachs upgraded NFLX to Buy and lifted its 12‑month target, signaling bank analysts see improved upside after Netflix’s pricing actions and ad strategy. Article Title
• Positive Sentiment: Analysts expect ad revenues to exceed $3 billion in Q1 — a key catalyst if confirmed on the print, as ads are higher‑margin and validate Netflix’s ad‑tier monetization. Article Title
• Neutral Sentiment: Multiple previews and analyst pieces emphasize Q1 as pivotal — revenue growth and ad traction are the story, but expectations leave room for upside or downside around guidance and subscriber/margin details. Article Title
• Neutral Sentiment: Media coverage highlights long‑term opportunities (international expansion, ecosystem play) but notes industry‑wide questions about when streaming price rises and ad tiers convert into sustainable profit gains. Article Title
• Negative Sentiment: Governance/insider optics and event risk: reports of large option gains for co‑founder Reed Hastings and broader market/earnings volatility could prompt short‑term selling if the print disappoints or commentary is cautious. Article Title

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $103.16 on Tuesday. The firm's 50 day moving average is $90.28 and its two-hundred day moving average is $98.84. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm has a market capitalization of $435.56 billion, a P/E ratio of 40.82, a PEG ratio of 1.56 and a beta of 1.67. 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 (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the business earned $0.43 earnings per share. Netflix'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. Analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NFLX. Wells Fargo & Company began coverage on shares of Netflix in a research note on Monday, March 9th. They set an "equal weight" rating and a $105.00 price objective on the stock. Argus dropped their price objective on shares of Netflix from $141.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, January 22nd. TD Cowen dropped their price objective on shares of Netflix from $115.00 to $112.00 and set a "buy" rating on the stock in a research note on Wednesday, January 21st. JPMorgan Chase & Co. began coverage on shares of Netflix in a research note on Monday, March 2nd. They set an "overweight" rating and a $120.00 price objective on the stock. Finally, Phillip Securities upgraded shares of Netflix from a "sell" rating to a "moderate buy" rating and increased their price objective for the stock from $95.00 to $100.00 in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $115.50.

Insider Buying and Selling

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 shares were sold at an average price of $82.67, for a total value of $259,253.12. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Hyman sold 5,727 shares of the firm'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 transaction of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,543,023 shares of company stock valued at $141,145,842 in the last ninety days. Insiders own 1.37% of the company's stock.

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.

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.