Netflix, Inc. $NFLX Shares Bought by Contravisory Investment Management Inc.

Key Points

• Contravisory Investment Management boosted its Netflix stake by 837.2% in Q4 to 111,380 shares (about $10.44M), making NFLX its 12th-largest holding.
• Large insider selling continues: director Reed Hastings sold 410,550 shares (~$39.8M) and CFO Spencer Neumann sold 28,630 shares, with insiders offloading 1,520,133 shares (~$137.26M) over the past 90 days.
• Operational and analyst view: Netflix slightly beat Q4 estimates (EPS $0.56 vs $0.55; revenue $12.05B vs $11.97B, +17.6% YoY), set Q1 EPS guidance of $0.76, and maintains a consensus “Moderate Buy” rating with an average target of $114.35.

Contravisory Investment Management Inc. grew its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 837.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 111,380 shares of the Internet television network's stock after purchasing an additional 99,496 shares during the period. Netflix makes up 2.1% of Contravisory Investment Management Inc.'s holdings, making the stock its 12th largest position. Contravisory Investment Management Inc.'s holdings in Netflix were worth $10,443,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Natural Investments LLC lifted its holdings in shares of Netflix by 0.5% during the third quarter. Natural Investments LLC now owns 1,668 shares of the Internet television network's stock worth $1,999,000 after purchasing an additional 9 shares during the period. Hengehold Capital Management LLC increased its holdings in Netflix by 3.3% in the 3rd quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network's stock worth $338,000 after buying an additional 9 shares during the period. Financial Partners Group Inc raised its position in Netflix by 0.9% during the 3rd quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network's stock worth $1,162,000 after buying an additional 9 shares during the last quarter. Seascape Capital Management raised its position in Netflix by 1.6% during the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network's stock worth $681,000 after buying an additional 9 shares during the last quarter. Finally, Crews Bank & Trust lifted its stake in Netflix by 5.8% during the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network's stock valued at $197,000 after acquiring an additional 9 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 1.7%

NFLX stock opened at $93.38 on Tuesday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The firm has a market cap of $394.27 billion, a P/E ratio of 36.95, a PEG ratio of 1.41 and a beta of 1.68. The company's 50-day simple moving average is $86.95 and its 200-day simple moving average is $101.49.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.Netflix's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, equities analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several recent research reports. Wedbush reaffirmed an "outperform" rating and issued a $115.00 price objective on shares of Netflix in a report on Friday, February 20th. New Street Research decreased their target price on shares of Netflix from $100.00 to $96.00 and set a "neutral" rating for the company in a research report on Thursday, January 22nd. Rothschild & Co Redburn set a $120.00 price target on shares of Netflix in a report on Wednesday, January 21st. HSBC cut their price target on Netflix from $107.00 to $106.00 and set a "buy" rating on the stock in a research report on Wednesday, January 21st. Finally, Bank of America decreased their price objective on Netflix from $149.00 to $125.00 and set a "buy" rating for the company in a report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $114.35.

Insider Buying and Selling

In other news, Director Reed Hastings sold 410,550 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $97.01, for a total value of $39,827,455.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at $382,219.40. The trade was a 99.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of the company's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $97.00, for a total value of $2,777,110.00. Following the transaction, the chief financial officer directly owned 73,787 shares of the company's stock, valued at approximately $7,157,339. The trade was a 27.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,520,133 shares of company stock valued at $137,259,786 in the last 90 days. Corporate insiders own 1.37% of the company's stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Citi resumes coverage, reiterates Buy and $115 price objective — Citi points to improving profitability, pricing power and enhanced capital returns as upside catalysts for Netflix. Citi Resumes Coverage of Netflix (NFLX) Stock
• Positive Sentiment: Ad business momentum — reports highlight Netflix’s ad revenue surge ( ~$1.5B and estimates up to $3B in 2026) and its investment in an in‑house ad platform, which supports higher monetization per user and recurring revenue diversification. Netflix's Ad Revenue Surges to $1.5 Billion: Is the Stock a No-Brainer Buy Today With $2,000?
• Positive Sentiment: Live events and cultural hits driving engagement — Netflix streamed BTS’s Seoul concert (positioning it as a leader in live concert streaming) and launched a successful second season of "Culinary Class Wars," which drove restaurant bookings and demonstrates content’s real‑world economic and engagement impact. These signal subscriber engagement and event‑driven monetization upside. BTS Comeback Becomes Netflix's Biggest Live Bet Yet A Netflix cooking show is changing how people travel — and restaurants are seeing bookings jump 303%
• Negative Sentiment: Price sensitivity among consumers — a report on Canadian streaming behavior shows cash‑strapped consumers gravitating to lower‑cost ad tiers, which could limit ARPU upside in pressured markets even as ad revenue grows. NFLX, DIS, PSKY: New ‘Couch Potato Report’ Shows Cash-Strapped Canadians Choose to Stream with Ads

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.

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.