Pure Financial Advisors LLC Grows Holdings in Netflix, Inc. $NFLX

Key Points

• Pure Financial Advisors LLC increased its Netflix stake by 1,045.1% in the fourth quarter, ending with 30,242 shares valued at about $2.84 million.
• Netflix continues to have strong institutional backing, with hedge funds and other institutions owning 80.93% of the company’s shares. Several large investors, including Vanguard and Baillie Gifford, also significantly boosted their positions.
• Wall Street sentiment remains constructive despite some recent insider selling: analysts rate Netflix a Moderate Buy on average, and the company recently beat earnings estimates with quarterly EPS of $1.23 on revenue of $12.25 billion.

Pure Financial Advisors LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,045.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,242 shares of the Internet television network's stock after buying an additional 27,601 shares during the period. Pure Financial Advisors LLC's holdings in Netflix were worth $2,835,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NFLX. Vanguard Group Inc. grew its stake in Netflix by 912.5% in the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network's stock worth $36,567,805,000 after buying an additional 351,493,659 shares in the last quarter. Baillie Gifford & Co. grew its stake in Netflix by 912.3% in the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network's stock worth $3,463,498,000 after buying an additional 33,290,988 shares in the last quarter. Jennison Associates LLC grew its stake in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network's stock worth $3,269,594,000 after buying an additional 30,158,900 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in Netflix by 891.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network's stock worth $1,134,487,000 after buying an additional 10,879,276 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in Netflix by 850.7% in the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network's stock worth $1,018,062,000 after buying an additional 9,716,017 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of research reports. Erste Group Bank cut shares of Netflix from a "buy" rating to a "hold" rating in a research note on Monday, April 27th. The Goldman Sachs Group raised shares of Netflix from a "neutral" rating to a "buy" rating in a report on Monday, April 13th. Citizens Jmp reaffirmed a "market perform" rating on shares of Netflix in a report on Wednesday, April 15th. Morgan Stanley reaffirmed an "overweight" rating on shares of Netflix in a report on Friday, April 17th. Finally, Oppenheimer set a $120.00 target price on shares of Netflix and gave the company an "outperform" rating in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $114.82.

Netflix Trading Down 0.0%

NASDAQ NFLX opened at $87.45 on Monday. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average of $95.44 and a 200-day moving average of $95.75. The firm has a market cap of $368.22 billion, a PE ratio of 28.25, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the company 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 3.6 EPS for the current year.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
• Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
• Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
• Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
• Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?

Insider Buying and Selling at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares of the company's stock, valued at $25,054,207.88. This represents a 8.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total transaction of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares of the company's stock, valued at $6,563,353.65. The trade was a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,453,217 shares of company stock worth $137,676,777 over the last ninety days. 1.37% of the stock is owned by company 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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