Netflix, Inc. $NFLX Shares Purchased by Strs Ohio

Key Points

• Strs Ohio dramatically increased its stake in Netflix by 863.6%, acquiring an additional 1,631,491 shares to hold 1,820,399 shares worth about $170.7 million, making NFLX its 19th largest position.
• Netflix beat Q1 estimates (EPS $1.23 vs. $0.76; revenue $12.25B) and the board authorized a $25 billion buyback, but conservative Q2 guidance (EPS 0.78), recent insider selling and governance scrutiny have pressured the stock.
• Wall Street sentiment is skewed bullish—average rating "Moderate Buy" with an average target of $114.82—and institutional investors own roughly 80.93% of the company.

Strs Ohio boosted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 863.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,820,399 shares of the Internet television network's stock after purchasing an additional 1,631,491 shares during the quarter. Netflix comprises about 0.6% of Strs Ohio's holdings, making the stock its 19th largest position. Strs Ohio's holdings in Netflix were worth $170,681,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. First Financial Corp IN raised its stake in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its stake in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its stake in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC acquired a new position in Netflix in the 3rd quarter valued at about $25,000. Finally, MB Levis & Associates LLC raised its stake in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock valued at $28,000 after purchasing an additional 192 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Needham & Company LLC reissued a "buy" rating on shares of Netflix in a research note on Friday, April 17th. Royal Bank Of Canada reissued a "hold" rating on shares of Netflix in a research note on Wednesday, January 21st. DZ Bank reissued a "buy" rating on shares of Netflix in a research note on Friday, April 17th. The Goldman Sachs Group upgraded Netflix from a "neutral" rating to a "buy" rating in a report on Monday, April 13th. Finally, Loop Capital set a $104.00 price target on Netflix in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $114.82.

Insider Transactions at Netflix

In other Netflix news, insider Cletus R. Willems sold 3,136 shares of the company's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 5,727 shares of the company's stock in a transaction that occurred 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 transaction, the insider owned 316,100 shares of the company's stock, valued at approximately $25,623,066. This represents a 1.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,382,013 shares of company stock worth $127,482,296 over the last 90 days. 1.37% of the stock is owned by corporate insiders.

Netflix News Roundup

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 Down 1.7%

Shares of NASDAQ:NFLX opened at $92.06 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The stock has a market capitalization of $387.65 billion, a P/E ratio of 29.74, a PEG ratio of 1.20 and a beta of 1.55. The stock has a 50-day simple moving average of $94.81 and a 200-day simple moving average of $96.77.

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. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.17 billion. During the same quarter in the previous year, the business earned $6.61 EPS. The company's revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts forecast that Netflix, Inc. will post 3.56 earnings per share 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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