Swiss Life Asset Management Ltd Boosts Stock Holdings in Netflix, Inc. $NFLX

Key Points

• Swiss Life Asset Management Ltd massively increased its Netflix stake in the fourth quarter, boosting holdings by 903.5% to 1.34 million shares valued at about $125.9 million.
• Institutional interest remains high overall, with 80.93% of Netflix shares owned by hedge funds and other institutional investors, and several smaller funds also reported sharp increases in their positions.
• Despite the buying activity, Netflix has seen notable insider selling, including sales by CEO Gregory K. Peters and director Reed Hastings, even as Wall Street analysts keep the stock at a “Moderate Buy” with a consensus target of $114.82.

Swiss Life Asset Management Ltd grew its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 903.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,342,329 shares of the Internet television network's stock after acquiring an additional 1,208,569 shares during the quarter. Netflix accounts for approximately 0.6% of Swiss Life Asset Management Ltd's portfolio, making the stock its 27th largest holding. Swiss Life Asset Management Ltd's holdings in Netflix were worth $125,857,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. First Financial Corp IN boosted its holdings in shares of Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock worth $25,000 after buying an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after buying an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. boosted its holdings in shares of Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after buying an additional 268 shares during the last quarter. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter worth about $25,000. Finally, MB Levis & Associates LLC boosted its holdings in shares of Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network's stock worth $28,000 after buying an additional 192 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

More Netflix News

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?

Insiders Place Their Bets

In other news, CEO Gregory K. Peters sold 27,312 shares of the company's stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Reed Hastings sold 407,550 shares of the company's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $93.13, for a total value of $37,955,131.50. Following the sale, the director owned 3,940 shares in the company, valued at approximately $366,932.20. This represents a 99.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,453,217 shares of company stock worth $137,676,777 in the last ninety days. 1.37% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

NFLX has been the topic of a number of research analyst reports. HSBC boosted their price target on shares of Netflix from $106.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, April 10th. Susquehanna raised shares of Netflix to a "positive" rating and set a $112.00 price target on the stock in a report on Wednesday, January 21st. Rosenblatt Securities cut their price target on shares of Netflix from $96.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, April 17th. William Blair reissued an "outperform" rating on shares of Netflix in a report on Wednesday, January 21st. Finally, Freedom Capital raised shares of Netflix from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 27th. Two research 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $114.82.

Netflix Trading Down 0.0%

Shares of Netflix stock opened at $87.45 on Monday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The stock's 50-day simple moving average is $95.44 and its 200 day simple moving average is $95.75. The stock has a market capitalization of $368.22 billion, a P/E ratio of 28.25, a P/E/G ratio of 1.11 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating 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 business had revenue of $12.25 billion for the quarter, compared to analysts' expectations of $12.17 billion. During the same period in the previous year, the business posted $6.61 EPS. The firm's quarterly 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. As a group, research analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current year.

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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