Netflix, Inc. $NFLX Stock Position Increased by Paragon Financial Partners Inc.

Key Points

• Paragon Financial Partners increased its Netflix stake by 1,124.7% in Q4 to 16,533 shares worth $1.55M, and several other large asset managers also made massive purchases, leaving institutional ownership at about 80.93%.
• Goldman Sachs upgraded NFLX to Buy and raised its 12‑month price target to $120, citing revenue durability and operating leverage, while price hikes, ad‑revenue growth, live‑sports strategy and a new kids gaming app are being cited as potential margin drivers ahead of Q1 earnings on April 16.
• Corporate insiders have been net sellers recently: the CFO and CEO each sold multimillion‑dollar positions, and insiders disposed of 1,543,023 shares worth about $141.1M over the past three months.

Paragon Financial Partners Inc. boosted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,124.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,533 shares of the Internet television network's stock after purchasing an additional 15,183 shares during the quarter. Netflix comprises 1.0% of Paragon Financial Partners Inc.'s holdings, making the stock its 20th biggest position. Paragon Financial Partners Inc.'s holdings in Netflix were worth $1,550,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Nordea Investment Management AB raised 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 worth $902,798,000 after buying an additional 8,688,113 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Netflix by 983.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network's stock worth $584,529,000 after buying an additional 5,658,740 shares in the last quarter. Aberdeen Group plc raised its position in shares of Netflix by 878.7% during the 4th quarter. Aberdeen Group plc now owns 3,243,837 shares of the Internet television network's stock worth $304,142,000 after buying an additional 2,912,392 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Netflix by 870.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,014,717 shares of the Internet television network's stock worth $274,309,000 after buying an additional 2,703,997 shares in the last quarter. Finally, Sarasin & Partners LLP raised its position in shares of Netflix by 2,758.1% during the 4th quarter. Sarasin & Partners LLP now owns 2,361,663 shares of the Internet television network's stock worth $221,430,000 after buying an additional 2,279,032 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Goldman Sachs upgraded NFLX to Buy and raised its 12‑month price target to $120, citing improving revenue durability, operating leverage and shareholder returns — a major catalyst for the stock rally this morning. Goldman Sachs resets Netflix stock price target for rest of 2026
• Positive Sentiment: Analysts and press point to Netflix’s recent price hikes, faster ad-revenue growth and selective live‑sports strategy as margin drivers that support higher profitability and valuation upside. Netflix Rises as Price Hikes, Ad Revenue Growth, and Live Sports Signal a New Phase of Profitability
• Positive Sentiment: Product expansion: Netflix launched “Netflix Playground,” an ad‑free kids gaming app built on its IP — a user‑engagement play that supports stickiness, potential ARPU lift for families, and cross‑sell opportunities. Netflix debuts new 'Playground' gaming app for kids
• Neutral Sentiment: Upcoming catalyst: Q1 2026 earnings are due April 16. Market expectations are mixed but some analysts and note‑writers argue Netflix has multiple levers (price, ads, breakup fee) that could produce an earnings beat — the report will likely swing sentiment sharply. Will Netflix Inc (NFLX) beat quarterly earnings?
• Neutral Sentiment: Strategic relief: analysts note Netflix may benefit after losing the Warner Bros. auction (avoids massive acquisition cost and may receive breakup fee), a development reframed as financially constructive by some commentators. Why Netflix stands to get richer after losing Warner Bros. bidding war
• Negative Sentiment: Insider activity: Netflix’s CFO sold roughly $2.8M of stock recently — a small red flag for some traders that can add near‑term pressure or be used by bears as a talking point. Insider Selling: Netflix NASDAQ: NFLX CFO Sells $2,805,740.00 in Stock

Wall Street Analyst Weigh In

NFLX has been the topic of a number of recent analyst reports. Pivotal Research dropped their price target on shares of Netflix from $105.00 to $95.00 and set a "hold" rating on the stock in a research report on Wednesday, January 21st. The Goldman Sachs Group upgraded shares of Netflix from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $120.00 in a research report on Monday. Needham & Company LLC dropped their price target on shares of Netflix from $150.00 to $120.00 and set a "buy" rating on the stock in a research report on Wednesday, January 21st. President Capital boosted their price target on shares of Netflix from $133.00 to $134.00 and gave the stock a "buy" rating in a research report on Tuesday, March 31st. Finally, Morgan Stanley set a $110.00 price target on shares of Netflix and gave the stock an "overweight" rating in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $115.10.

Netflix Stock Performance

Shares of NFLX opened at $98.93 on Tuesday. The firm's 50 day moving average is $88.55 and its 200-day moving average is $99.57. The stock has a market capitalization of $417.70 billion, a P/E ratio of 39.15, a P/E/G ratio of 1.50 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. 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 data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to analysts' expectations of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities research analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at $7,046,658.50. The trade was a 43.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Gregory K. Peters sold 105,781 shares of Netflix stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total transaction of $8,773,476.14. Following the completion of the transaction, the chief executive officer directly owned 122,140 shares in the company, valued at $10,130,291.60. This represents a 46.41% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,543,023 shares of company stock worth $141,145,842. 1.37% of the stock is owned by insiders.

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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