Netflix, Inc. $NFLX Shares Purchased by Belpointe Asset Management LLC

Key Points

• Belpointe Asset Management increased its Netflix stake by 874.2% in Q4, buying an additional 96,809 shares to hold 107,883 shares valued at about $10.12 million.
• Netflix beat Q1 estimates (revenue $12.25B, GAAP EPS $1.23) but issued a downbeat Q2 guidance and saw founder Reed Hastings announce he won’t stand for re‑election to the board, moves that pressured the stock and prompted mixed analyst reactions.
• Insiders sold heavily last quarter (about 1.49M shares worth $136.3M), while institutional ownership remains high (~80.9%) and the consensus rating is a Moderate Buy with an average target near $114.73.

Belpointe Asset Management LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 874.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,883 shares of the Internet television network's stock after purchasing an additional 96,809 shares during the quarter. Belpointe Asset Management LLC's holdings in Netflix were worth $10,115,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Imprint Wealth LLC acquired a new stake in shares of Netflix during the 3rd quarter worth about $25,000. Bare Financial Services Inc increased its position in shares of Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock worth $35,000 after purchasing an additional 14 shares during the last quarter. Horizon Financial Services LLC increased its position in shares of Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Netflix during the 3rd quarter worth about $36,000. Finally, Marquette Asset Management LLC acquired a new stake in shares of Netflix during the 3rd quarter worth about $44,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results beat expectations — revenue of $12.25B and GAAP EPS of $1.23 topped consensus, driven by subscription pricing, ad revenue growth and margin expansion; these fundamentals underpin many analyst “buy the dip” calls. Q1 results detail
• Positive Sentiment: Longer‑term growth levers remain: management emphasized live sports discussions (NFL interest) and continued ad‑tier expansion; analysts who stayed bullish point to strong cash generation and ad upside. Live sports / NFL rights
• Neutral Sentiment: Product/tech roadmap: Netflix plans a TikTok‑style vertical feed and broader AI use for recommendations — positive for engagement but not an immediate revenue catalyst. TechCrunch: vertical feed
• Negative Sentiment: Q2 guidance disappointed — the company issued Q2 EPS/revenue guidance below consensus (management cited slower near‑term growth and margin pressure), which shifted focus from the quarter to the outlook and trimmed near‑term expectations. Reuters: downbeat Q2 forecast
• Negative Sentiment: Leadership change spooked the market — Reed Hastings announced he will not stand for re‑election to the board, prompting concern about governance continuity amid a strategic pivot after the failed Warner Bros. bid. That exit amplified the selloff. Deadline: Hastings exit
• Negative Sentiment: Analyst reaction and price‑target moves were mixed-to-negative — several firms trimmed targets or moved to neutral/hold citing valuation and near‑term growth deceleration, increasing downward pressure. Invezz: analyst reactions

Netflix Stock Performance

Shares of NFLX opened at $97.31 on Monday. The stock has a 50-day simple moving average of $92.20 and a 200-day simple moving average of $98.40. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.19 and a current ratio of 1.41. The stock has a market capitalization of $409.75 billion, a PE ratio of 31.43, a PEG ratio of 1.44 and a beta of 1.67. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business's quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NFLX. Canaccord Genuity Group set a $125.00 target price on Netflix and gave the company a "buy" rating in a research report on Wednesday, January 21st. Evercore began coverage on Netflix in a research report on Friday, February 27th. They issued an "outperform" rating and a $115.00 target price for the company. Seaport Research Partners lifted their target price on Netflix from $115.00 to $119.00 and gave the company a "buy" rating in a research report on Friday. Oppenheimer set a $120.00 target price on Netflix and gave the company an "outperform" rating in a research report on Friday. Finally, Susquehanna raised Netflix to a "positive" rating and set a $112.00 target price for the company in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $114.73.

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the completion of the transaction, the insider owned 316,100 shares of the company's stock, valued at $25,623,066. The trade was a 1.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is owned by corporate insiders.

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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