Netflix, Inc. $NFLX Shares Purchased by Vivid Wealth Management LLC

Key Points

• Vivid Wealth Management raised its Netflix stake by 1,231.5% in Q4 to 27,336 shares (worth $2.56M), and several other funds also materially increased positions, leaving institutional investors with about 80.93% of the stock.
• Positive catalysts include a Forbes-reported stock buyback larger than Netflix’s entire 2026 content budget and a Q1 beat (EPS $1.23 vs. $0.76; revenue $12.25B, +16.2% YoY), prompting some analysts to lift price targets toward the mid-$100s.
• Offsetting risks: co‑founder Reed Hastings is leaving and insiders sold roughly 1.49M shares (~$136M) in the last quarter, reducing insider ownership to 1.37%, which could pressure sentiment.

Vivid Wealth Management LLC lifted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,231.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,336 shares of the Internet television network's stock after purchasing an additional 25,283 shares during the quarter. Vivid Wealth Management LLC's holdings in Netflix were worth $2,563,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NFLX. Vanguard Group Inc. boosted its position in shares of Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after buying an additional 142,238 shares during the period. Checchi Capital Advisers LLC boosted its holdings in Netflix by 875.7% in the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network's stock valued at $2,920,000 after purchasing an additional 27,951 shares during the period. Contravisory Investment Management Inc. boosted its holdings in Netflix by 837.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network's stock valued at $10,443,000 after purchasing an additional 99,496 shares during the period. Crew Capital Management Ltd boosted its holdings in Netflix by 1,021.9% in the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network's stock valued at $847,000 after purchasing an additional 8,226 shares during the period. Finally, BNC Wealth Management LLC boosted its holdings in Netflix by 991.3% in the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network's stock valued at $3,866,000 after purchasing an additional 37,451 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Forbes reports Netflix unveiled a stock buyback program that is larger than its entire 2026 content budget — a powerful EPS and capital-return catalyst that can support the share price. Netflix's New Stock Buyback Is Bigger Than Its Entire 2026 Content Budget
• Positive Sentiment: Piper Sandler raised its Netflix price target to $115 and kept an Overweight rating after Q1 results, reinforcing buy-side analyst momentum. Netflix, Inc. (NFLX): One of the Best Big Name Stocks to Buy
• Positive Sentiment: Citic Securities lifted its price target to $107 (from $95), a signal of rising analyst valuation even as it stayed at Hold — suggests upside from current levels if guidance/earnings hold. Citic Securities adjusts price target on Netflix to $107 from $95; maintains hold rating
• Positive Sentiment: 13F filing coverage shows an institutional buyer (Blodgett Wealth Advisors) materially increased its Netflix position — fresh institutional demand supporting the stock. Netflix, Inc. $NFLX Shares Acquired By Blodgett Wealth Advisors LLC
• Positive Sentiment: High‑profile commentators still bullish: Jim Cramer and other outlets are framing Netflix as not “done,” which can sustain retail interest and positive sentiment. Jim Cramer Doesn’t Believe It’s Over With Netflix (NFLX)
• Neutral Sentiment: Management is emphasizing profit discipline and diversifying into ads, live sports, gaming and experiential venues while choosing not to pursue a Warner Bros. merger — a deliberate strategy shift that reduces acquisition risk but signals slower M&A-driven growth. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Neutral Sentiment: Coverage compares Netflix favorably to peers (Disney, Nvidia pieces) — useful context for investors but not an immediate stock mover on its own. Disney And Netflix: Both Names Look Attractive
• Negative Sentiment: Co‑founder Reed Hastings is leaving the company, prompting uncertainty about long-term leadership and strategic continuity — a headline risk that can pressure sentiment. Netflix Co-Founder Reed Hastings Is Leaving the Company. What Does This Mean for the Stock?
• Negative Sentiment: Erste Group downgraded Netflix from Buy to Hold — a formal pullback in a sell‑side recommendation that could weigh on investor psychology. Finviz: NFLX quote/news

Insider Transactions at Netflix

In related news, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,231,126. This represents a 27.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Reed Hastings sold 420,550 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the transaction, the director directly owned 3,940 shares of the company's stock, valued at approximately $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,487,794 shares of company stock worth $136,255,772 in the last quarter. 1.37% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Morgan Stanley reiterated an "overweight" rating on shares of Netflix in a report on Friday, April 17th. KeyCorp restated an "overweight" rating and issued a $115.00 price target (up from $108.00) on shares of Netflix in a research note on Tuesday, April 14th. Sanford C. Bernstein cut their price target on Netflix from $115.00 to $110.00 and set an "outperform" rating on the stock in a research note on Friday, April 17th. Bank of America cut their price target on Netflix from $149.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday, March 6th. Finally, Weiss Ratings cut Netflix from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $114.82.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $91.36 on Tuesday. The business's 50 day simple moving average is $93.89 and its 200-day simple moving average is $97.38. The firm has a market capitalization of $384.72 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 1.20 and a beta of 1.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. 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 announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the company earned $6.61 EPS. The company's quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities analysts forecast that Netflix, Inc. will post 3.53 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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