Netflix, Inc. $NFLX Shares Purchased by Del Sette Capital Management LLC

Key Points

• Del Sette Capital Management LLC boosted its Netflix stake by 941.4% in Q4 to 23,650 shares worth $2.217 million, and multiple large institutions (Vanguard, Baillie Gifford, Jennison, Sumitomo Mitsui, Nordea) also sharply increased positions, leaving roughly 80.93% of the stock owned by institutions.
• Netflix reported a Q1 EPS beat ($1.23 vs. $0.76) and set Q2 guidance at $0.78, while analysts maintain a consensus "Moderate Buy" rating with an average price target of $114.82.
• The board approved a $25 billion share‑repurchase capacity and Netflix is rolling out a TikTok‑style "Clips" feed to boost mobile engagement, moves that could support the stock and user growth.

Del Sette Capital Management LLC boosted its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 941.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,650 shares of the Internet television network's stock after acquiring an additional 21,379 shares during the quarter. Netflix accounts for 1.4% of Del Sette Capital Management LLC's portfolio, making the stock its 27th largest position. Del Sette Capital Management LLC's holdings in Netflix were worth $2,217,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Netflix by 912.5% during 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 purchasing an additional 351,493,659 shares during the period. Baillie Gifford & Co. increased its position in shares of Netflix by 912.3% during the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock valued at $3,463,498,000 after purchasing an additional 33,290,988 shares during the period. Jennison Associates LLC increased its position in shares of Netflix by 639.9% during the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network's stock valued at $3,269,594,000 after purchasing an additional 30,158,900 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Netflix by 891.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network's stock valued at $1,134,487,000 after purchasing an additional 10,879,276 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Netflix by 886.6% during the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network's stock valued at $902,798,000 after purchasing an additional 8,688,113 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NFLX. DZ Bank reiterated a "buy" rating on shares of Netflix in a research report on Friday, April 17th. Piper Sandler reiterated an "overweight" rating and set a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. The Goldman Sachs Group upgraded Netflix from a "neutral" rating to a "buy" rating in a research report on Monday, April 13th. Jefferies Financial Group lowered their price target on Netflix from $134.00 to $128.00 and set a "buy" rating on the stock in a research report on Friday, April 17th. Finally, JPMorgan Chase & Co. reiterated a "buy" rating on shares of Netflix in a research report on Wednesday, April 22nd. Two investment 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $114.82.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorized a large $25 billion share‑repurchase capacity, boosting optionality to reduce float and support the stock. Netflix, Inc. (NFLX) Expands Buyback Capacity with New $25B Authorization
• Positive Sentiment: Netflix is pushing mobile engagement with a TikTok‑style vertical "Clips" feed to increase viewing frequency and discovery on phones — a strategic product move to broaden usage. Netflix wants you to watch ‘Clips,' its TikTok-like vertical video feed
• Positive Sentiment: TV/market commentators and some TV‑trade segments are still listing NFLX among buy/long ideas, keeping some investor interest intact. Netflix, Cisco, Zoom And A Health Care Stock On CNBC's 'Final Trades'
• Neutral Sentiment: Analysts modestly raised forward EPS estimates (Erste Group nudged FY2026/FY2027 numbers slightly), but ratings remain mixed — small upside to estimates rather than a broad upgrade. Erste Group raises Netflix EPS estimates (MarketBeat summary)
• Neutral Sentiment: Investor attention metrics and media writeups (Zacks) show heightened interest — more eyeballs can amplify moves but don't guarantee direction. Netflix, Inc. (NFLX) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Market reaction remains focused on the company's conservative near‑term guidance (Q2 EPS guidance lower than some expected), which prompted profit‑taking despite the Q1 EPS beat. That guidance is a principal reason for downward pressure. Why Is Netflix Stock Falling, and is it a Generational Buying Opportunity?
• Negative Sentiment: Shareholder activism and governance scrutiny have returned to the headlines, adding uncertainty around strategic choices and valuation — a potential headwind for sentiment until resolved. Netflix Shareholder Activism Puts Governance And Valuation In Focus

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $92.06 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $387.65 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 1.20 and a beta of 1.55. The stock's fifty day simple moving average is $94.81 and its 200 day simple moving average is $96.77. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion for 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 company's quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts forecast that Netflix, Inc. will post 3.56 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 5,727 shares of the firm's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares of the company's stock, valued at $25,623,066. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Spencer Adam Neumann sold 57,260 shares of the firm's stock in a transaction on 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 sale, the chief financial officer directly owned 73,787 shares of the company's stock, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,382,013 shares of company stock worth $127,482,296. Corporate insiders own 1.37% of the company's stock.

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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