Robertson Stephens Wealth Management LLC Boosts Stock Position in Netflix, Inc. $NFLX

Key Points

• Robertson Stephens Wealth Management LLC boosted its Netflix stake by 923.5% in Q4, adding 66,851 shares to hold 74,090 shares worth about $6.95 million.
• Netflix posted a strong Q1 beat with $1.23 EPS (vs. $0.76) and $12.25B revenue (up 16.2% y/y), but its conservative Q2 EPS guidance of 0.78 prompted profit‑taking and downward pressure on the stock.
• The board authorized a $25 billion share‑repurchase program even as insiders sold roughly 1.38 million shares (about $127.5 million) in the quarter, signaling mixed investor implications.

Robertson Stephens Wealth Management LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 923.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,090 shares of the Internet television network's stock after acquiring an additional 66,851 shares during the period. Robertson Stephens Wealth Management LLC's holdings in Netflix were worth $6,947,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. First Financial Corp IN increased its holdings in shares of Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 243 shares during the period. DiNuzzo Private Wealth Inc. increased its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after purchasing an additional 239 shares during the period. Turning Point Benefit Group Inc. increased its holdings in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 268 shares during the period. Imprint Wealth LLC bought a new position in shares of Netflix in the third quarter worth $25,000. Finally, MB Levis & Associates LLC increased its holdings in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock worth $28,000 after purchasing an additional 192 shares during the period. Institutional investors own 80.93% of the company's stock.

Netflix Stock Performance

NASDAQ NFLX opened at $92.06 on Friday. The company has a 50-day simple moving average of $94.81 and a two-hundred day simple moving average of $96.77. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The firm has a market cap of $387.65 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 1.20 and a beta of 1.55.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same period in the prior year, the business posted $6.61 earnings per share. The company's revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts forecast that Netflix, Inc. will post 3.56 EPS for the current year.

Netflix News Summary

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NFLX shares. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Netflix in a report on Wednesday, April 22nd. Arete Research raised shares of Netflix from a "neutral" rating to a "buy" rating in a report on Friday, February 27th. Loop Capital set a $104.00 price target on shares of Netflix in a report on Tuesday, January 27th. Canaccord Genuity Group set a $125.00 price target on shares of Netflix and gave the stock a "buy" rating in a report on Wednesday, January 21st. Finally, Citic Securities increased their target price on Netflix from $95.00 to $107.00 and gave the company a "hold" rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have given a Hold rating to the company's stock. According to MarketBeat, Netflix presently has an average rating of "Moderate Buy" and a consensus target price of $114.82.

Insider Activity at Netflix

In other news, Director Reed Hastings sold 420,550 shares of the 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 sale, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,727 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,382,013 shares of company stock valued at $127,482,296 in the last quarter. 1.37% of the stock is currently owned by company insiders.

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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