Wealthfront Advisers LLC Grows Position in Netflix, Inc. $NFLX

Key Points

• Wealthfront increased its Netflix stake by 901.7% in Q4, adding 689,145 shares to hold 765,569 shares worth about $71.78 million.
• Insider selling was heavy recently: co‑founder Reed Hastings sold 420,550 shares and CEO Greg Peters sold 105,781, with insiders offloading 1,487,794 shares (~$136.26 million) over the past three months (insiders now own 1.37%).
• Earnings and market view: Netflix beat Q1 estimates (EPS $1.23 vs. $0.76) and set Q2 guidance of $0.78, while analysts hold a MarketBeat consensus of "Moderate Buy" with an average target of $114.82 amid reports of a large stock buyback program.

Wealthfront Advisers LLC lifted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 901.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 765,569 shares of the Internet television network's stock after buying an additional 689,145 shares during the quarter. Wealthfront Advisers LLC's holdings in Netflix were worth $71,780,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Imprint Wealth LLC bought a new stake in Netflix in the third quarter worth $25,000. Bare Financial Services Inc increased its position in Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock worth $35,000 after purchasing an additional 14 shares during the last quarter. Horizon Financial Services LLC increased its position in Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in Netflix in the third quarter worth $36,000. Finally, Marquette Asset Management LLC bought a new stake in Netflix in the third quarter worth $44,000. Hedge funds and other institutional investors own 80.93% of the company's stock.

Analysts Set New Price Targets

NFLX has been the topic of several research reports. William Blair restated an "outperform" rating on shares of Netflix in a research report on Wednesday, January 21st. Citigroup initiated coverage on shares of Netflix in a research report on Thursday, April 16th. They issued a "market perform" rating on the stock. Wells Fargo & Company initiated coverage on shares of Netflix in a research report on Monday, March 9th. They issued an "equal weight" rating and a $105.00 price target on the stock. Royal Bank Of Canada restated a "hold" rating on shares of Netflix in a research report on Wednesday, January 21st. Finally, Wedbush restated an "outperform" rating and issued a $118.00 price target on shares of Netflix in a research report on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $114.82.

Insider Activity

In other news, Director Reed Hastings sold 420,550 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares of the company's stock, valued at approximately $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 105,781 shares of the business's stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $82.94, for a total transaction of $8,773,476.14. Following the sale, the chief executive officer directly owned 122,140 shares of the company's stock, valued at $10,130,291.60. This represents a 46.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is currently owned by insiders.

Netflix Trading Down 1.2%

NFLX stock opened at $91.36 on Tuesday. 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, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The stock has a market capitalization of $384.72 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 1.20 and a beta of 1.67. The firm's fifty day simple moving average is $93.89 and its two-hundred day simple moving average is $97.38.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analysts' expectations of $12.17 billion. During the same quarter in the previous year, the business posted $6.61 earnings per share. The business's revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts anticipate that Netflix, Inc. will post 3.53 earnings per share for the current year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Forbes reports Netflix unveiled a stock buyback program that is larger than its entire 2026 content budget — a powerful EPS and capital-return catalyst that can support the share price. Netflix's New Stock Buyback Is Bigger Than Its Entire 2026 Content Budget
• Positive Sentiment: Piper Sandler raised its Netflix price target to $115 and kept an Overweight rating after Q1 results, reinforcing buy-side analyst momentum. Netflix, Inc. (NFLX): One of the Best Big Name Stocks to Buy
• Positive Sentiment: Citic Securities lifted its price target to $107 (from $95), a signal of rising analyst valuation even as it stayed at Hold — suggests upside from current levels if guidance/earnings hold. Citic Securities adjusts price target on Netflix to $107 from $95; maintains hold rating
• Positive Sentiment: 13F filing coverage shows an institutional buyer (Blodgett Wealth Advisors) materially increased its Netflix position — fresh institutional demand supporting the stock. Netflix, Inc. $NFLX Shares Acquired By Blodgett Wealth Advisors LLC
• Positive Sentiment: High‑profile commentators still bullish: Jim Cramer and other outlets are framing Netflix as not “done,” which can sustain retail interest and positive sentiment. Jim Cramer Doesn’t Believe It’s Over With Netflix (NFLX)
• Neutral Sentiment: Management is emphasizing profit discipline and diversifying into ads, live sports, gaming and experiential venues while choosing not to pursue a Warner Bros. merger — a deliberate strategy shift that reduces acquisition risk but signals slower M&A-driven growth. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Neutral Sentiment: Coverage compares Netflix favorably to peers (Disney, Nvidia pieces) — useful context for investors but not an immediate stock mover on its own. Disney And Netflix: Both Names Look Attractive
• Negative Sentiment: Co‑founder Reed Hastings is leaving the company, prompting uncertainty about long-term leadership and strategic continuity — a headline risk that can pressure sentiment. Netflix Co-Founder Reed Hastings Is Leaving the Company. What Does This Mean for the Stock?
• Negative Sentiment: Erste Group downgraded Netflix from Buy to Hold — a formal pullback in a sell‑side recommendation that could weigh on investor psychology. Finviz: NFLX quote/news

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.

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.