Westbourne Investments Inc. Purchases 17,935 Shares of Netflix, Inc. $NFLX

Key Points

• Westbourne Investments boosted its Netflix stake by 788.4%, buying 17,935 shares to hold 20,210 shares worth about $1.895 million at quarter end.
• Analysts and institutions are largely bullish ahead of earnings on April 16, with a consensus price target of about $115.22 and multiple recent target upgrades and inflows reported.
• Large insider selling was reported this quarter—including CEO Gregory Peters and Reed Hastings—with insiders selling a total of 1,543,023 shares valued at $141.1M, leaving insiders owning 1.37% of the company.

Westbourne Investments Inc. boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 788.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,210 shares of the Internet television network's stock after purchasing an additional 17,935 shares during the period. Westbourne Investments Inc.'s holdings in Netflix were worth $1,895,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Mechanics Financial Corp purchased a new stake in Netflix during the 4th quarter worth approximately $346,000. Mount Vernon Associates Inc. MD acquired a new stake in shares of Netflix in the fourth quarter worth $656,000. V Square Quantitative Management LLC acquired a new stake in shares of Netflix in the fourth quarter worth $1,343,000. Vision Financial Markets LLC increased its stake in shares of Netflix by 900.0% in the fourth quarter. Vision Financial Markets LLC now owns 620 shares of the Internet television network's stock worth $58,000 after acquiring an additional 558 shares during the period. Finally, Maseco LLP increased its stake in shares of Netflix by 4,624.1% in the fourth quarter. Maseco LLP now owns 1,370 shares of the Internet television network's stock worth $128,000 after acquiring an additional 1,341 shares during the period. Hedge funds and other institutional investors own 80.93% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: UBS says Q1 should come in above Netflix's guidance, citing recent price increases and ad momentum as growth drivers — a bullish pre-earnings signal. Read More.
• Positive Sentiment: Morgan Stanley raised its price target to $115 and kept an overweight rating, giving renewed buy-side support. Read More.
• Positive Sentiment: Oppenheimer maintained an Outperform and lifted its target to $135, highlighting revenue lift from recent price hikes — another sizable bullish analyst endorsement. Read More.
• Positive Sentiment: Institutional buying: Bear Mountain Capital disclosed a large position increase (900% in the quarter), signaling investor conviction at current levels. Read More.
• Positive Sentiment: Analysts and pieces arguing the risk from the Warner Bros. Discovery deal being off the table have pushed some price-target upgrades and bullish takes — narratives point to clearer standalone growth via ads and pricing. Read More.
• Positive Sentiment: Market action: recent session commentary and trade writeups note a meaningful intraday uptick (reported ~+2.7% in coverage), reflecting momentum ahead of earnings. Read More.
• Neutral Sentiment: Options market shows a "sawtooth" volatility pattern implying a strong post‑earnings move — means higher implied volatility and potential for big stock swings around the April 16 report. Read More.
• Neutral Sentiment: Reminder: earnings are on the calendar (April 16) — that date is the near-term catalyst driving positioning and coverage changes. Read More.
• Negative Sentiment: Regulatory/legal risk: an Italian court ordered possible refunds over repeated price hikes — outcome could be limited but introduces local litigation/regulatory noise. Read More.
• Negative Sentiment: Balance-sheet/watch items: analysis highlighting ~$7.4B in stock‑option-related dilution that can act like hidden leverage, and small EPS tweaks from Erste reduce some near-term forecast polish. These are headwinds for valuation discussions. Read More. | Read More.

Analysts Set New Price Targets

NFLX has been the topic of a number of research reports. HSBC cut their price objective on shares of Netflix from $107.00 to $106.00 and set a "buy" rating on the stock in a research note on Wednesday, January 21st. Needham & Company LLC cut their price objective on shares of Netflix from $150.00 to $120.00 and set a "buy" rating on the stock in a research note on Wednesday, January 21st. Pivotal Research cut their price objective on shares of Netflix from $105.00 to $95.00 and set a "hold" rating on the stock in a research note on Wednesday, January 21st. JPMorgan Chase & Co. initiated coverage on shares of Netflix in a research note on Monday, March 2nd. They issued an "overweight" rating and a $120.00 price objective on the stock. Finally, Rothschild & Co Redburn set a $120.00 price objective on shares of Netflix in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $115.22.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $102.05 on Friday. The company's fifty day moving average price is $89.49 and its 200 day moving average price is $99.11. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The company has a market capitalization of $430.87 billion, a PE ratio of 40.38, a price-to-earnings-growth ratio of 1.51 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the prior year, the firm posted $0.43 earnings per share. The firm's quarterly revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Buying and Selling at Netflix

In other Netflix news, CEO Gregory K. Peters sold 105,781 shares of the 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 transaction, the chief executive officer directly owned 122,140 shares of the company's stock, valued at $10,130,291.60. This trade represents a 46.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the 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 transaction, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,543,023 shares of company stock valued at $141,145,842. Insiders own 1.37% of the company's stock.

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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