Tritonpoint Wealth LLC Increases Stake in Netflix, Inc. $NFLX

Key Points

• Tritonpoint Wealth LLC boosted its Netflix stake by 758.7% in Q4 to 16,101 shares (≈$1.51M), and several other funds also materially increased positions, leaving institutional investors with 80.93% ownership.
• Corporate insiders sold heavily last quarter — a total of 1,543,023 shares valued at $141.1M (including CEO Gregory Peters, CFO Spencer Neumann and Reed Hastings’ ~420,550‑share 10b5‑1 sale) — cutting insider ownership to 1.37% and posing potential sentiment risk.
• Netflix slightly beat Q4 estimates (EPS $0.56 vs. $0.55) and set Q1 guidance at $0.76 EPS with analysts holding a "Moderate Buy" consensus (avg. target ~$114.57), but an Italian court ruling voiding 2017–24 price‑hike clauses and ordering refunds creates potential one‑time liabilities and reputational risk in Europe.

Tritonpoint Wealth LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 758.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,101 shares of the Internet television network's stock after acquiring an additional 14,226 shares during the quarter. Tritonpoint Wealth LLC's holdings in Netflix were worth $1,510,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. SOA Wealth Advisors LLC. increased its stake in shares of Netflix by 97.4% during the fourth quarter. SOA Wealth Advisors LLC. now owns 37,591 shares of the Internet television network's stock worth $3,525,000 after buying an additional 18,548 shares during the period. Relyea Zuckerberg Hanson LLC increased its holdings in shares of Netflix by 738.6% in the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 9,946 shares of the Internet television network's stock valued at $933,000 after acquiring an additional 8,760 shares during the last quarter. American National Bank & Trust grew its position in shares of Netflix by 921.7% during the fourth quarter. American National Bank & Trust now owns 3,106 shares of the Internet television network's stock worth $291,000 after acquiring an additional 2,802 shares during the last quarter. Sheets Smith Wealth Management grew its position in shares of Netflix by 675.2% during the fourth quarter. Sheets Smith Wealth Management now owns 14,945 shares of the Internet television network's stock worth $1,401,000 after acquiring an additional 13,017 shares during the last quarter. Finally, Global Trust Asset Management LLC boosted its stake in Netflix by 1,016.3% during the 4th quarter. Global Trust Asset Management LLC now owns 480 shares of the Internet television network's stock worth $45,000 after purchasing an additional 437 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction that occurred on 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 sale, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. This trade represents a 18.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,231,126. This represents a 27.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,543,023 shares of company stock valued at $141,145,842. Corporate insiders own 1.37% of the company's stock.

Netflix Stock Performance

NASDAQ:NFLX opened at $98.66 on Friday. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The company has a market capitalization of $416.56 billion, a P/E ratio of 39.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.67. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The firm has a 50-day moving average price of $88.28 and a two-hundred day moving average price of $99.86.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The firm had revenue of $12.05 billion for the quarter, compared to analysts' expectations of $11.97 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. Netflix's quarterly revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, research analysts expect 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: 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

Analysts Set New Price Targets

A number of research analysts have commented on NFLX shares. Cfra upgraded shares of Netflix from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a research note on Friday, March 6th. Royal Bank Of Canada reaffirmed a "hold" rating on shares of Netflix in a research report on Wednesday, January 21st. Erste Group Bank upgraded Netflix from a "hold" rating to a "buy" rating in a research note on Tuesday, March 24th. Argus decreased their price target on Netflix from $141.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, January 22nd. Finally, Evercore began coverage on shares of Netflix in a research note on Friday, February 27th. They issued an "outperform" rating and a $115.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $114.57.

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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