United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Has $22.05 Million Stock Position in Netflix, Inc. $NFLX

Key Points

• United Super Pty Ltd massively increased its Netflix stake by 1,349.1% in the fourth quarter, ending with 235,120 shares valued at about $22.05 million.
• Institutional ownership remains very high, with hedge funds and other institutions holding 80.93% of Netflix shares overall, while some other funds also modestly increased their positions.
• Analysts remain broadly positive on Netflix, with a Moderate Buy consensus and a consensus price target of $114.82; recent commentary has also highlighted growth in the company’s ad business and improving cash generation.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,349.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 235,120 shares of the Internet television network's stock after buying an additional 218,895 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings in Netflix were worth $22,045,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Apriem Advisors grew its stake in Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network's stock valued at $1,879,000 after buying an additional 9 shares during the last quarter. Tortoise Investment Management LLC grew its stake in Netflix by 10.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network's stock valued at $110,000 after buying an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. grew its stake in Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network's stock valued at $345,000 after buying an additional 9 shares during the last quarter. Pacific Sun Financial Corp grew its position in shares of Netflix by 1.6% during the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network's stock worth $688,000 after purchasing an additional 9 shares in the last quarter. Finally, Carl P. Sherr & Co. LLC grew its position in shares of Netflix by 0.6% during the 3rd quarter. Carl P. Sherr & Co. LLC now owns 1,715 shares of the Internet television network's stock worth $2,056,000 after purchasing an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple analyst-style pieces argue that Netflix’s ad business is becoming a major growth driver, with 2026 ad revenue projections around $3 billion and new formats, live events, and ad-tech tools expanding monetization. Article Title
• Positive Sentiment: Several bullish writeups say Netflix could be in the early stages of a comeback, citing upside from advertising scale and stronger cash generation, with one piece raising a 12-month target far above current levels. Article Title
• Positive Sentiment: Another bullish note says Netflix’s ad empire story is “too good to ignore,” highlighting the scalability of the ad tier, higher ARPU, and the potential for ad revenue to become a meaningful share of total sales. Article Title
• Positive Sentiment: Netflix is also getting support from reports tied to the AI/content-efficiency narrative, including a $600 million deal involving Ben Affleck’s AI company and claims that Netflix could save billions over time through production efficiencies. Article Title
• Neutral Sentiment: Netflix-related mentions in broader entertainment coverage, including a new “60 Minutes” head who previously worked with Netflix projects, are not likely to have a direct material impact on the stock. Article Title
• Negative Sentiment: Some recent coverage still points out that NFLX has been trading well below its 52-week high and has had a difficult year, which keeps valuation concerns and skepticism alive. Article Title

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Needham & Company LLC restated a "buy" rating on shares of Netflix in a research report on Friday, April 17th. Phillip Securities increased their target price on shares of Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Evercore assumed coverage on shares of Netflix in a research report on Friday, February 27th. They set an "outperform" rating and a $115.00 target price on the stock. New Street Research increased their target price on shares of Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Finally, Guggenheim restated a "buy" rating and set a $120.00 target price on shares of Netflix in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.82.

Insiders Place Their Bets

In related news, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at $7,231,126. This represents a 27.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Hyman sold 5,722 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the transaction, the insider directly owned 316,100 shares of the company's stock, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,365,509 shares of company stock worth $129,675,743 over the last 90 days. Insiders own 1.24% of the company's stock.

Netflix Stock Performance

Shares of Netflix stock opened at $86.36 on Friday. The company has a 50 day moving average of $93.29 and a 200-day moving average of $93.43. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market cap of $363.64 billion, a PE ratio of 27.89, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm's revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities research analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current fiscal 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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