Sheets Smith Wealth Management Buys 13,017 Shares of Netflix, Inc. $NFLX

Key Points

• Sheets Smith Wealth Management boosted its Netflix stake by 675.2% in Q4, buying 13,017 shares to hold 14,945 shares worth $1.401 million at quarter end.
• Institutional ownership stands at 80.93%, with large funds like Vanguard, State Street, Nordea and Assenagon making sizable purchases (e.g., Nordea +886.6%, Assenagon +983.1%), indicating strong demand from major investors.
• Insider selling has been significant: CEO Gregory K. Peters sold 105,781 shares, board chair Reed Hastings sold ~420,550 shares under a 10b5‑1 plan, and insiders sold 1,543,023 shares (~$141.1M) over the past 90 days.

Sheets Smith Wealth Management boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 675.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,945 shares of the Internet television network's stock after purchasing an additional 13,017 shares during the quarter. Sheets Smith Wealth Management's holdings in Netflix were worth $1,401,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of NFLX. Vanguard Group Inc. increased its holdings in shares of Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the period. State Street Corp lifted its stake in shares of Netflix by 2.1% in the second quarter. State Street Corp now owns 17,444,013 shares of the Internet television network's stock valued at $23,359,801,000 after buying an additional 360,604 shares during the period. Nordea Investment Management AB lifted its stake in shares of Netflix by 886.6% in the fourth quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network's stock valued at $902,798,000 after buying an additional 8,688,113 shares during the period. Assenagon Asset Management S.A. grew its position in Netflix by 983.1% during the fourth 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. Finally, Invesco Ltd. increased its stake in Netflix by 7.2% during the third quarter. Invesco Ltd. now owns 4,643,749 shares of the Internet television network's stock valued at $5,567,483,000 after acquiring an additional 313,014 shares during the period. 80.93% of the stock is owned by institutional investors.

Netflix Price Performance

NASDAQ NFLX opened at $98.66 on Friday. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a market capitalization of $416.56 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 1.50 and a beta of 1.67. The stock's 50 day moving average is $88.28 and its two-hundred day moving average is $99.86. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to analysts' expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.Netflix's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on NFLX. Arete Research raised Netflix from a "neutral" rating to a "buy" rating in a report on Friday, February 27th. Piper Sandler reissued a "positive" rating and set a $103.00 price objective (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. Susquehanna upgraded Netflix to a "positive" rating and set a $112.00 target price for the company in a research note on Wednesday, January 21st. 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. Finally, Citic Securities decreased their price target on shares of Netflix from $109.00 to $95.00 and set a "hold" rating on the stock in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $114.57.

Insider Activity

In other news, CEO Gregory K. Peters sold 105,781 shares of the company's stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $82.94, for a total value of $8,773,476.14. Following the sale, the chief executive officer owned 122,140 shares of the company's stock, valued at approximately $10,130,291.60. This represents a 46.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Hyman sold 23,439 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the sale, the insider owned 316,100 shares of the company's stock, valued at $27,851,571. This trade represents a 6.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,543,023 shares of company stock valued at $141,145,842. 1.37% of the stock is owned by company insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Recent subscription price increases are expected to lift ARPU and near‑term revenue, and most analysts/media expect limited churn — this supports earnings upside. Netflix Is Raising Prices Again: What It Means for Investors
• Positive Sentiment: Large institutional buying and some price‑target lifts (one firm raised NFLX to $134) provide demand/support beneath the share price, signaling confidence from major investors and some analysts. Netflix NASDAQ: NFLX Price Target Raised to $134.00
• Neutral Sentiment: Options and near‑term earnings positioning: traders are pricing a meaningful move into Q1 results (options strategies like iron condors are being discussed) — raises short‑term volatility but not directional conviction for the stock itself. Trade Netflix Stock with This Iron Condor Strategy to See a 23% Return in Just 3 Weeks
• Neutral Sentiment: New commercial distribution deals (e.g., EverPass for a major boxing event) slightly expand non‑subscription revenue channels but are modest relative to core business. EverPass Media Expands Relationship with Netflix
• Negative Sentiment: Italian court ruled Netflix’s 2017–2024 price‑hike clauses void and ordered refunds to subscribers — this creates potential one‑time liability, reputational risk in Europe and could spur similar claims elsewhere. Netflix will appeal. Italian court rules Netflix price‑hike clauses are void, orders refunds
• Negative Sentiment: Board chair Reed Hastings sold ~420,550 shares under a pre‑arranged 10b5‑1 plan (≈$40M) — large insider sales can spook some investors even if pre‑planned, since they reduce insider exposure. Reed Hastings Sells 420,550 Shares of Netflix NASDAQ: NFLX Stock
• Negative Sentiment: Deal speculation (a reported US$42.2B Warner‑style acquisition) and commentary about derating/ acquisition concerns pressure views on capital discipline and potential leverage — raises risk premium if pursued. Netflix’s US$42.2b Warner Bros. Deal Tests Growth And Discipline

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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