Vise Technologies Inc. Boosts Holdings in Netflix, Inc. $NFLX

Key Points

• Vise Technologies Inc. sharply increased its Netflix stake by 1,266.6% in the fourth quarter, ending with 167,876 shares valued at about $15.74 million.
• Institutional ownership remains high, with several other hedge funds also adding to their positions and 80.93% of Netflix shares held by institutions overall.
• Recent sentiment around Netflix is mixed: analysts still lean bullish on average, but insiders have sold shares and the stock has faced pressure amid concerns about competition and a recent losing streak.

Vise Technologies Inc. raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1,266.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 167,876 shares of the Internet television network's stock after purchasing an additional 155,592 shares during the quarter. Vise Technologies Inc.'s holdings in Netflix were worth $15,740,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NFLX. Brighton Jones LLC lifted its position in shares of Netflix by 5.0% during the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network's stock worth $4,804,000 after purchasing an additional 257 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network's stock valued at $912,000 after acquiring an additional 144 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Netflix by 21.2% in the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network's stock valued at $1,883,000 after acquiring an additional 246 shares in the last quarter. Strategic Investment Advisors MI raised its holdings in shares of Netflix by 18.9% in the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network's stock valued at $1,036,000 after acquiring an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in shares of Netflix by 12.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network's stock valued at $2,832,000 after acquiring an additional 228 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Reed Hastings sold 420,550 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the transaction, the director directly owned 3,940 shares of the company's stock, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value 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. This represents a 1.78% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 1,313,029 shares of company stock worth $120,315,776. Insiders own 1.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Netflix from $98.00 to $100.00 and gave the company a "hold" rating in a report on Tuesday, April 14th. China Renaissance boosted their target price on shares of Netflix from $90.00 to $100.00 and gave the stock a "hold" rating in a report on Friday, April 17th. Huber Research upgraded shares of Netflix from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 27th. Rosenblatt Securities reduced their target price on shares of Netflix from $96.00 to $95.00 and set a "neutral" rating for the company in a report on Friday, April 17th. Finally, Cfra upgraded Netflix from a "hold" rating to a "buy" rating and set a $115.00 price target on the stock in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat, Netflix currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.82.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Canada reversed a policy that would have forced U.S. streamers like Netflix to contribute 15% of Canadian revenue to local content, removing a potential margin headwind and helping shares rebound after an extended selloff. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
• Positive Sentiment: Netflix is pushing deeper into AI-powered recommendations and a voice-based search interface, which could improve engagement and help users find content more easily. Netflix Stock Rises After Unveiling New AI Viewing Tools
• Positive Sentiment: Bernstein said Netflix’s core business remains strong despite recent share weakness, reinforcing the view that subscriber and operating fundamentals are still intact. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
• Neutral Sentiment: FIFA said a new World Cup game will launch on Netflix Games on June 11, adding to the company’s gaming efforts, though the near-term financial impact appears limited. FIFA unveils Netflix World Cup game timed for 2026 tournament kickoff
• Negative Sentiment: Netflix has been on its longest losing streak since 2022, with investors worried that competitive pressure and slowing momentum could be weighing on growth. Netflix Stock Is in the Longest Losing Streak Since 2022
• Negative Sentiment: Market commentary also highlighted concerns that Amazon and other rivals are making inroads in streaming, adding to the bearish sentiment around NFLX. Netflix investors are getting squeamish as Amazon makes inroads in the battle for streaming dominance

Netflix Price Performance

Shares of NASDAQ NFLX opened at $81.56 on Friday. The business's 50 day moving average price is $92.41 and its 200 day moving average price is $92.43. The firm has a market cap of $343.43 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results 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 firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter last year, the firm posted $6.61 EPS. The business's revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current year.

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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