Trust Asset Management LLC Raises Holdings in Netflix, Inc. $NFLX

Key Points

• Trust Asset Management LLC boosted its Netflix stake by 863.9% in Q4, adding 42,554 shares to hold 47,480 shares worth about $4.45 million, making NFLX its 23rd-largest position (0.3% of the portfolio).
• Significant insider selling: Director Reed Hastings sold 410,550 shares (~$39.8M) and CFO Spencer Neumann sold 28,630 shares (~$2.78M); insiders disposed of 1,520,133 shares valued at $137.26M in the past three months.
• Market and fundamentals: Netflix trades near $93.32 with a market cap of $394B, it beat recent quarterly estimates (EPS $0.56 vs. $0.55) with revenue up 17.6%, and analysts hold a "Moderate Buy" consensus with a $114.30 price target amid mixed views on price hikes and content spending.

Trust Asset Management LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 863.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,480 shares of the Internet television network's stock after acquiring an additional 42,554 shares during the quarter. Netflix accounts for 0.3% of Trust Asset Management LLC's investment portfolio, making the stock its 23rd biggest position. Trust Asset Management LLC's holdings in Netflix were worth $4,452,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NFLX. Vanguard Group Inc. grew its stake in Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after buying an additional 142,238 shares during the period. Contravisory Investment Management Inc. raised its stake in shares of Netflix by 837.2% in the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network's stock valued at $10,443,000 after acquiring an additional 99,496 shares during the period. Grove Bank & Trust raised its stake in shares of Netflix by 1,379.8% in the 4th quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network's stock valued at $2,392,000 after acquiring an additional 23,788 shares during the period. CIBC Capital Markets Europe S.A. lifted its holdings in shares of Netflix by 171.4% during the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network's stock valued at $79,732,000 after acquiring an additional 42,000 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its position in Netflix by 2,184.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 85,727 shares of the Internet television network's stock worth $7,841,000 after purchasing an additional 81,975 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Trading Up 1.1%

NASDAQ:NFLX opened at $93.32 on Friday. The stock has a market cap of $394.01 billion, a price-to-earnings ratio of 36.93, a price-to-earnings-growth ratio of 1.41 and a beta of 1.68. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. 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 business's 50-day simple moving average is $87.14 and its 200 day simple moving average is $100.82.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data 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 return on equity of 43.26% and a net margin of 24.30%.The firm had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last 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, sell-side analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other Netflix news, Director Reed Hastings sold 410,550 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.01, for a total transaction of $39,827,455.50. Following the transaction, the director directly owned 3,940 shares in the company, valued at $382,219.40. This represents a 99.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at $7,157,339. This trade represents a 27.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,520,133 shares of company stock valued at $137,259,786. Corporate insiders own 1.37% of the company's stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Price increases should lift ARPU and near‑term revenue as Netflix explicitly said the hikes will help fund expanded programming (video podcasts, live sports). Netflix raises subscription prices across all plans in US
• Positive Sentiment: Erste Group raised its rating/forecasts for Netflix (Buy, slightly higher FY2026–FY2027 EPS), backing a bullish case that the company can convert higher pricing into profits. Netflix NASDAQ: NFLX Raised to Buy at Erste Group Bank
• Positive Sentiment: Ad business momentum and audience wins (large live-event viewership) support non-subscription revenue growth and monetization upside. Netflix Rides on Strong Advertising Revenues: More Upside Ahead?
• Neutral Sentiment: Official new price points: ad‑supported $8.99 (+$1), standard $19.99 (+$2), premium $26.99 (+$2) — the impact depends on churn elasticity and timing of revenue recognition. Netflix confirms it’s raising prices again
• Neutral Sentiment: Live sports and branded events (e.g., MLB tie‑ins, big concert livestreams) are generating buzz and some incremental viewership, but monetization cadence and costs remain to be proven. Major League Baseball Event Gives Netflix Stock NASDAQ: NFLX a Small Boost
• Negative Sentiment: “Stream‑flation” — repeated price hikes industry‑wide — risks accelerating churn or pushing viewers to free/cheaper alternatives (YouTube, ad‑supported services). This is a structural headwind to long‑term subscriber retention. Netflix is raising prices again, and stream-flation shows no signs of slowing
• Negative Sentiment: Valuation and margin pressure concerns: some analysts and writeups warn Netflix’s multiple looks stretched given heavy early‑2026 content spending and slower growth expectations. Is Netflix Stock's 7.3X PS Still Worth it? Buy, Sell, or Hold?
• Negative Sentiment: Rising content investment to support new formats (live events, podcasts) increases near‑term cash burn and execution risk if incremental revenue doesn’t cover higher costs. Netflix Hikes Prices For All Plans As Content Spending Surges

Analyst Upgrades and Downgrades

NFLX has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $98.00 price target (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Morgan Stanley set a $110.00 target price on Netflix and gave the stock an "overweight" rating in a research report on Wednesday, January 21st. William Blair reiterated an "outperform" rating on shares of Netflix in a research note on Wednesday, January 21st. Evercore assumed coverage on Netflix in a research report on Friday, February 27th. They set an "outperform" rating and a $115.00 price target on the stock. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $100.00 price target (down from $112.00) on shares of Netflix in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Netflix has an average rating of "Moderate Buy" and a consensus price target of $114.30.

Netflix 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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