Third View Private Wealth LLC Makes New Investment in Netflix, Inc. $NFLX

Key Points

• Third View Private Wealth LLC initiated a new Netflix stake of 173,253 shares (~$16.24M), making up about 2.2% of its portfolio and its 13th largest holding.
• Analyst sentiment is broadly positive-to-moderate with an average rating of “Moderate Buy” and an average price target near $115.50, though individual targets range from about $98 to $150.
• Insiders have been net sellers recently—including the CFO and CEO—with 1,543,023 shares (~$141.1M) sold in the past 90 days, while institutional investors own roughly 80.9% of the stock.

Third View Private Wealth LLC bought a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 173,253 shares of the Internet television network's stock, valued at approximately $16,244,000. Netflix makes up about 2.2% of Third View Private Wealth LLC's portfolio, making the stock its 13th largest holding.

A number of other hedge funds have also added to or reduced their stakes in NFLX. Brighton Jones LLC grew its stake in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network's stock worth $4,804,000 after acquiring an additional 257 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network's stock worth $912,000 after acquiring an additional 144 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Netflix by 21.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network's stock worth $1,883,000 after acquiring an additional 246 shares in the last quarter. Strategic Investment Advisors MI grew its stake in Netflix by 18.9% in the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network's stock worth $1,036,000 after acquiring an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in Netflix by 12.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network's stock worth $2,832,000 after acquiring an additional 228 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NFLX. Robert W. Baird dropped their target price on shares of Netflix from $150.00 to $120.00 and set an "outperform" rating on the stock in a research note on Friday, January 23rd. Evercore initiated coverage on shares of Netflix in a report on Friday, February 27th. They set an "outperform" rating and a $115.00 target price on the stock. Morgan Stanley increased their target price on shares of Netflix from $110.00 to $115.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $98.00 target price (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada reiterated a "hold" rating on shares of Netflix in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $115.50.

Netflix Stock Up 0.1%

NASDAQ:NFLX opened at $103.16 on Tuesday. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The stock has a market capitalization of $435.56 billion, a P/E ratio of 40.82, a P/E/G ratio of 1.56 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The company's 50-day simple moving average is $90.28 and its 200-day simple moving average is $98.84.

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

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several firms raised price targets and ratings ahead of Q1, highlighting a more favourable risk/reward into the print. Deutsche Bank boosted its target while maintaining a cautious view. Article Title
• Positive Sentiment: Wedbush raised its price target and flagged strong ad‑momentum that could materially lift revenue and margins versus prior guidance. Article Title
• Positive Sentiment: Goldman Sachs upgraded NFLX to Buy and lifted its 12‑month target, signaling bank analysts see improved upside after Netflix’s pricing actions and ad strategy. Article Title
• Positive Sentiment: Analysts expect ad revenues to exceed $3 billion in Q1 — a key catalyst if confirmed on the print, as ads are higher‑margin and validate Netflix’s ad‑tier monetization. Article Title
• Neutral Sentiment: Multiple previews and analyst pieces emphasize Q1 as pivotal — revenue growth and ad traction are the story, but expectations leave room for upside or downside around guidance and subscriber/margin details. Article Title
• Neutral Sentiment: Media coverage highlights long‑term opportunities (international expansion, ecosystem play) but notes industry‑wide questions about when streaming price rises and ad tiers convert into sustainable profit gains. Article Title
• Negative Sentiment: Governance/insider optics and event risk: reports of large option gains for co‑founder Reed Hastings and broader market/earnings volatility could prompt short‑term selling if the print disappoints or commentary is cautious. Article Title

Insiders Place Their Bets

In other news, CFO Spencer Adam Neumann sold 28,630 shares of the firm's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total value of $2,805,740.00. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,231,126. This trade represents a 27.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction of $2,273,450.88. Following the completion of the sale, the chief executive officer owned 122,140 shares in the company, valued at $10,166,933.60. This represents a 18.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,543,023 shares of company stock worth $141,145,842. Insiders own 1.37% of the company's stock.

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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