GK Wealth Management LLC lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 840.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,691 shares of the Internet television network’s stock after purchasing an additional 7,767 shares during the quarter. GK Wealth Management LLC’s holdings in Netflix were worth $815,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in Netflix in the 2nd quarter valued at about $7,929,645,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Netflix by 128,553.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,881,129 shares of the Internet television network’s stock worth $6,536,466,000 after acquiring an additional 4,877,335 shares during the period. Union Bancaire Privee UBP SA lifted its holdings in shares of Netflix by 1,672.4% during the 4th quarter. Union Bancaire Privee UBP SA now owns 943,533 shares of the Internet television network’s stock worth $86,741,000 after acquiring an additional 890,299 shares during the period. Viking Global Investors LP acquired a new stake in shares of Netflix during the 3rd quarter worth approximately $600,434,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Netflix by 34.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,420,267 shares of the Internet television network’s stock worth $1,702,838,000 after acquiring an additional 367,243 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.
Key Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Citi reinstated coverage on NFLX with a Buy and a higher price target, arguing the company is better positioned to raise prices, expand margins and return cash after stepping away from a Warner deal. Citi bullish on Netflix after walking away from Warner deal
- Positive Sentiment: Content and event catalysts: Netflix is pushing originals and theatrical windows (Stranger Things movie activity), hosting a major BTS event and reportedly planning a global tour tied to its K‑pop hit — moves that can drive engagement and ancillary revenue. Netflix balances EU rule talks with BTS event and franchise wins
- Neutral Sentiment: Media noise and PR stories (including coverage about Meghan & Harry and Netflix) are getting press attention but are unlikely to materially affect core subscriber or revenue trends. Variety / aggregated coverage on royal couple and Netflix
- Negative Sentiment: Operational concerns: reports note a sharp slowdown in paid subscriber growth (reported ~46% YoY decline in a headline) while Netflix plans to increase 2026 content spending ~10%, raising near‑term margin and cash‑flow questions. Netflix stock tumbles as subscriber growth stalls and content budget balloons
- Negative Sentiment: Short‑term stock weakness/profit taking: outlets note a pullback after a ~23% one‑month advance and intraday/closing declines; the market is digesting mixed signals (growth vs. spend) and trimming positions. Netflix falls more steeply than broader market
Netflix Stock Performance
Netflix (NASDAQ:NFLX – Get Free Report) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period last year, the company earned $0.43 EPS. The firm’s 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, equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.
Analyst Upgrades and Downgrades
NFLX has been the subject of several research analyst reports. Needham & Company LLC lowered their price objective on shares of Netflix from $150.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $98.00 target price (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Huber Research upgraded Netflix from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th. HSBC lowered their price target on Netflix from $107.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Finally, Freedom Capital raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.35.
Insider Activity at Netflix
In related news, insider David A. Hyman sold 23,439 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.11, for a total value of $2,065,210.29. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $27,851,571. The trade was a 6.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,046,658.50. The trade was a 43.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,520,133 shares of company stock valued at $137,259,786 in the last quarter. Insiders own 1.37% of the company’s stock.
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.
See Also
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