Netflix, Inc. $NFLX Shares Acquired by Global Wealth Management Investment Advisory Inc.

Key Points

• Global Wealth Management Investment Advisory Inc. increased its Netflix stake by 958.1% in the fourth quarter, ending with 42,070 shares valued at about $3.95 million.
• Netflix continues to see mixed insider and institutional activity: institutional ownership remains high at 80.93%, while insiders sold 1.42 million shares worth about $135.1 million last quarter.
• Analysts remain broadly positive, with Netflix reporting strong Q1 results and many firms keeping Buy ratings; however, the stock also faces legal risk from a Texas lawsuit alleging improper data collection on children.

Global Wealth Management Investment Advisory Inc. boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 958.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,070 shares of the Internet television network's stock after buying an additional 38,094 shares during the period. Global Wealth Management Investment Advisory Inc.'s holdings in Netflix were worth $3,945,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Apriem Advisors grew its stake in shares of Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network's stock valued at $1,879,000 after purchasing an additional 9 shares during the last quarter. Tortoise Investment Management LLC raised its holdings in Netflix by 10.8% during the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network's stock worth $110,000 after purchasing an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. raised its holdings in Netflix by 3.2% during the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network's stock worth $345,000 after purchasing an additional 9 shares during the last quarter. Pacific Sun Financial Corp raised its holdings in Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network's stock worth $688,000 after purchasing an additional 9 shares during the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in Netflix by 2.9% during the third quarter. Richardson Financial Services Inc. now owns 358 shares of the Internet television network's stock worth $429,000 after purchasing an additional 10 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Activity at Netflix

In related news, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director directly owned 3,940 shares in the company, valued at $376,230.60. The trade was a 99.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company's stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,422,769 shares of company stock worth $135,144,073 in the last quarter. Company insiders own 1.37% of the company's stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix said its content investments have topped $135 billion over the past decade and generated an estimated $325 billion of economic impact worldwide, supporting more than 425,000 jobs. That reinforces the scale of its production engine and can bolster confidence in the long-term growth story. Reuters article
• Positive Sentiment: Investor sentiment also appears to be improving around Netflix’s pricing power and ad-supported business, with analysts and market commentary pointing to rising revenue, improving margins, and strong ad growth expectations. Benzinga article
• Positive Sentiment: Netflix is still drawing bullish Wall Street coverage, with recent analyst price targets clustering well above the current share price, suggesting many expect further upside if execution stays on track. Zacks article
• Neutral Sentiment: Netflix is also being highlighted in media comparisons versus Disney and other peers, but these pieces are mostly commentary on the streaming landscape rather than new company-specific fundamentals. 247WallSt article
• Negative Sentiment: Texas Attorney General Ken Paxton has sued Netflix, alleging the company illegally collected data on children and used “dark patterns” to make the platform addictive. Even if Netflix disputes the claims, the lawsuit creates legal, regulatory, and reputational risk that could pressure the stock. Reuters lawsuit article

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Moffett Nathanson boosted their price target on Netflix from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Tuesday, April 14th. Jefferies Financial Group dropped their price target on Netflix from $134.00 to $128.00 and set a "buy" rating for the company in a research note on Friday, April 17th. Rothschild & Co Redburn set a $120.00 price target on Netflix in a research note on Wednesday, January 21st. Argus dropped their target price on Netflix from $141.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, January 22nd. Finally, Guggenheim set a $120.00 target price on Netflix and gave the company a "buy" rating in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $114.82.

Netflix Trading Up 2.6%

Shares of NASDAQ NFLX opened at $87.66 on Wednesday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market cap of $369.12 billion, a price-to-earnings ratio of 28.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.55. The stock's 50 day simple moving average is $95.38 and its 200 day simple moving average is $95.37.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to analysts' expectations of $12.17 billion. During the same period last year, the firm earned $6.61 EPS. The firm's revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts expect that Netflix, Inc. will post 3.6 EPS for the current year.

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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