OLD National Bancorp IN Has $11.30 Million Position in Netflix, Inc. $NFLX

Key Points

• OLD National Bancorp IN boosted its Netflix stake by 884.5% in Q4, acquiring 120,537 shares and finishing the quarter with a position worth about $11.30 million.
• Netflix reported quarterly EPS of $1.23 (vs. $0.76 est.) and revenue of $12.25B, and the board authorized an additional $25 billion share buyback—positive catalysts that have been offset somewhat by softer forward guidance and a mixed market reaction.
• Insiders have been selling (notably Reed Hastings' pre‑arranged sale of 420,550 shares for ≈$40.16M), yet institutional ownership remains high at about 80.9% and analysts maintain a consensus "Moderate Buy" with a ~$114.53 target.

OLD National Bancorp IN increased its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 884.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 120,537 shares of the Internet television network's stock after buying an additional 108,293 shares during the quarter. OLD National Bancorp IN's holdings in Netflix were worth $11,302,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. B. Metzler seel. Sohn & Co. AG increased its position in Netflix by 1,267.3% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 814,119 shares of the Internet television network's stock worth $76,303,000 after buying an additional 754,576 shares during the last quarter. Legacy Capital Group California Inc. increased its position in Netflix by 826.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 10,151 shares of the Internet television network's stock worth $952,000 after buying an additional 9,055 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in Netflix by 0.7% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 348,676 shares of the Internet television network's stock worth $32,692,000 after buying an additional 2,500 shares during the last quarter. Fairway Wealth LLC increased its position in Netflix by 986.1% in the fourth quarter. Fairway Wealth LLC now owns 2,270 shares of the Internet television network's stock worth $213,000 after buying an additional 2,061 shares during the last quarter. Finally, Manuka Financial LLC increased its position in Netflix by 697.0% in the fourth quarter. Manuka Financial LLC now owns 2,957 shares of the Internet television network's stock worth $277,000 after buying an additional 2,586 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorizes an extra $25 billion share buyback (no expiration), boosting capital returns and supporting the share price. Netflix announces $25 billion share buyback
• Positive Sentiment: Daiwa raised its price target to $102 and kept an outperform rating, signaling some analyst conviction in upside from current levels. Daiwa Securities adjusts price target on Netflix to $102
• Positive Sentiment: JPMorgan reaffirmed a buy stance and investors are pointing to product initiatives (see below) and engagement gains as reasons to stay constructive. JPMorgan keeps Netflix buy rating
• Positive Sentiment: Netflix plans a TikTok‑style vertical video feed to capture short‑form engagement and funnel viewers into longer content — a potential long‑term engagement/monetization tailwind. Netflix Eyes TikTok-Style Feed To Capture 'Snackable' Viewing
• Neutral Sentiment: Netflix is in talks to buy Radford Studio Center (historic LA lot) — could lower production costs and secure capacity, but transaction terms/outcome remain uncertain. Netflix In Negotiations To Buy Radford Studios
• Neutral Sentiment: Board recommended voting “no” on two shareholder proposals framed as anti‑woke; governance/item resolution is unlikely to move fundamentals materially short term. Netflix Boards Recommends 'No' Votes On Two 'Anti-Woke' Proposals
• Negative Sentiment: Investors continue to react to the post‑earnings sell‑off tied to softer guidance despite mixed/solid underlying engagement — the guidance shock remains the primary near‑term headwind for the stock. Netflix (NFLX) Stock Plunges 13%: Should Investors Buy the Dip?
• Negative Sentiment: Warner Bros. Discovery shareholders approved the $110B sale to Paramount Skydance — Netflix lost out in the takeover, and industry consolidation could reshape competitive dynamics for content/licensing and future M&A opportunities. Warner Bros Shareholders Approve $110 Billion Paramount Skydance Merger

Insider Buying and Selling

In other Netflix news, Director Reed Hastings sold 420,550 shares of the firm's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director owned 3,940 shares in the company, valued at $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the sale, the chief executive officer owned 122,140 shares in the company, valued at $10,166,933.60. The trade was a 18.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,487,794 shares of company stock valued at $136,255,772 in the last ninety days. 1.37% of the stock is owned by insiders.

Netflix Trading Down 0.5%

Shares of NFLX stock opened at $92.82 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.19 and a current ratio of 1.41. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a market capitalization of $390.85 billion, a PE ratio of 29.98, a price-to-earnings-growth ratio of 1.21 and a beta of 1.67. The business's fifty day moving average is $93.29 and its 200 day moving average is $97.74.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter last year, the business posted $6.61 earnings per share. The firm's revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts anticipate that Netflix, Inc. will post 3.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of recent research reports. Cfra raised Netflix from a "hold" rating to a "buy" rating and set a $115.00 target price for the company in a research report on Friday, March 6th. Morgan Stanley reissued an "overweight" rating on shares of Netflix in a research report on Friday, April 17th. Phillip Securities raised their target price on Netflix from $100.00 to $110.00 in a research report on Monday. Loop Capital set a $104.00 target price on Netflix in a research report on Tuesday, January 27th. Finally, Oppenheimer set a $120.00 target price on Netflix and gave the stock an "outperform" rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, Netflix has an average rating of "Moderate Buy" and a consensus target price of $114.53.

Netflix Company 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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