Netflix, Inc. $NFLX Shares Bought by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt boosted its Netflix stake by 900% in Q4 to 4,260,000 shares (about $399.4M), making NFLX its 17th largest holding.
• Several large institutions — including Vanguard, Baillie Gifford, Jennison, Sumitomo Mitsui and Principal — also added massive positions in Q4, pushing institutional ownership to ~80.93%.
• Significant insider selling has occurred (Reed Hastings sold ~407,550 shares; insiders sold 1,431,627 shares worth ~$135.6M in the last 90 days), while analysts show a "Moderate Buy" consensus with a price target of $114.82.

Alecta Tjanstepension Omsesidigt boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 900.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,260,000 shares of the Internet television network's stock after acquiring an additional 3,834,000 shares during the quarter. Netflix comprises about 1.8% of Alecta Tjanstepension Omsesidigt's portfolio, making the stock its 17th largest position. Alecta Tjanstepension Omsesidigt owned about 0.10% of Netflix worth $399,375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NFLX. Vanguard Group Inc. lifted its holdings in shares of Netflix by 912.5% in the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network's stock valued at $36,567,805,000 after buying an additional 351,493,659 shares during the period. Baillie Gifford & Co. raised its holdings in Netflix by 912.3% in the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock worth $3,463,498,000 after purchasing an additional 33,290,988 shares during the period. Jennison Associates LLC raised its holdings in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network's stock worth $3,269,594,000 after purchasing an additional 30,158,900 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in Netflix by 891.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network's stock worth $1,134,487,000 after purchasing an additional 10,879,276 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Netflix by 850.7% in the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network's stock worth $1,018,062,000 after purchasing an additional 9,716,017 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 5,722 shares of the company's stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 407,550 shares of the company's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $93.13, for a total value of $37,955,131.50. Following the completion of the sale, the director owned 3,940 shares of the company's stock, valued at $366,932.20. This trade represents a 99.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,431,627 shares of company stock valued at $135,647,236. Insiders own 1.37% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on NFLX. Erste Group Bank cut Netflix from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Freedom Capital raised Netflix from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 27th. Robert W. Baird reduced their price target on Netflix from $150.00 to $120.00 and set an "outperform" rating for the company in a report on Friday, January 23rd. The Goldman Sachs Group raised Netflix from a "neutral" rating to a "buy" rating in a report on Monday, April 13th. Finally, DZ Bank reaffirmed a "buy" rating on shares of Netflix in a report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $114.82.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix received a roughly $2.8 billion termination payment tied to the Warner/Paramount deal — a sizable one‑time cash inflow that improves near‑term cash and likely produces a reported gain (a clear positive catalyst). Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
• Positive Sentiment: Market coverage highlights Netflix among consumer‑discretionary names linked to buyback talk — buyback capacity or repurchases would support the stock if management pursues them. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Analyst/strategy pieces note Netflix’s first half may be soft but argue the bull case centers on a stronger second half — useful context but not an immediate price mover. Netflix’s First Half Is Soft. The Second Half Is Where the Bull Case Lives
• Neutral Sentiment: Broader sector moves: Disney’s strong quarter is drawing investor attention away from peers; relative outperformance at DIS is a sector signal to monitor but doesn’t directly change Netflix fundamentals. Disney Stock Is Up 8% Today
• Negative Sentiment: Significant insider selling: director Reed Hastings sold ~407,550 shares (10b5‑1 plan) and CEO/other insiders also disclosed sales — large planned sales increase supply and can pressure sentiment even if pre‑arranged or tax‑related. Top Netflix Insiders Cash Out
• Negative Sentiment: Technical/analyst pressure: notes of key resistance around $100, lower near‑term price targets and trader commentary (including a technical call that NFLX could retest $75) are contributing to selling momentum. What's Going On With Netflix Stock Tuesday?

Netflix Price Performance

NASDAQ:NFLX opened at $88.27 on Thursday. 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 stock has a 50 day moving average of $95.24 and a two-hundred day moving average of $96.30. The firm has a market cap of $371.69 billion, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 1.13 and a beta of 1.55. 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 posted its quarterly 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 business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business's revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts expect that Netflix, Inc. will post 3.56 earnings per share for the current fiscal year.

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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