Netflix, Inc. $NFLX Shares Bought by Thrive Wealth Management LLC

Thrive Wealth Management LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 885.7% in the 4th quarter, HoldingsChannel reports. The fund owned 6,338 shares of the Internet television network’s stock after acquiring an additional 5,695 shares during the period. Thrive Wealth Management LLC’s holdings in Netflix were worth $594,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its position in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after acquiring an additional 142,238 shares in the last quarter. Contravisory Investment Management Inc. boosted its position in shares of Netflix by 837.2% during the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock valued at $10,443,000 after purchasing an additional 99,496 shares in the last quarter. Grove Bank & Trust grew its stake in shares of Netflix by 1,379.8% in the 4th quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network’s stock worth $2,392,000 after purchasing an additional 23,788 shares during the last quarter. CIBC Capital Markets Europe S.A. grew its stake in shares of Netflix by 171.4% in the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after purchasing an additional 42,000 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC raised its holdings in shares of Netflix by 2,184.8% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 85,727 shares of the Internet television network’s stock worth $7,841,000 after purchasing an additional 81,975 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: BTS livestream drew 18.4 million global viewers, underscoring Netflix’s ability to scale live and event programming that can attract large global audiences and boost engagement. BTS Seoul concert livestream draws 18.4 million global viewers, Netflix says
• Positive Sentiment: Citi resumed coverage with a Buy and $115 price target, citing improving profitability, pricing power and capital returns — a bullish analyst signal that can support upside. Citi Resumes Coverage of Netflix (NFLX) Stock
• Positive Sentiment: Erste upgraded NFLX from Hold to Buy — another vote of confidence from the sell‑side that can help sentiment and flow into the stock. Erste upgrade / Finviz
• Positive Sentiment: Netflix struck a first‑look partnership with Warner Music to develop music-focused and live-adjacent content — a potential lever for new viewer formats and advertising or sponsorship revenue. Is Netflix’s (NFLX) Warner Music Deal a Clue to Its Next Advertising Growth Lever?
• Neutral Sentiment: Several writeups are re‑assessing valuation after the recent pullback, providing numbers-driven views on whether current levels offer value; useful for investors weighing entry points. Is It Time To Reassess Netflix (NFLX) After Its Recent Share Price Pullback?
• Neutral Sentiment: Zacks and other outlets note Netflix is a trending/beat‑up name with improving short‑term sentiment — these pieces explain investor attention but don’t add new fundamentals. Here is What to Know Beyond Why Netflix, Inc. (NFLX) is a Trending Stock
• Negative Sentiment: Narratives around Netflix walking away from the Warner Bros. deal and prior failed talks are fueling concern about missed M&A catalysts and strategic uncertainty. What Comes Next After Netflix Walked Away From Warner?
• Negative Sentiment: Consumer surveys (Canada) show cash‑strapped households choosing lower‑priced, ad‑supported tiers — a reminder ad adoption could blunt ARPU gains and margin upside. NFLX, DIS, PSKY: New ‘Couch Potato Report’ Shows Cash-Strapped Canadians Choose to Stream with Ads
• Negative Sentiment: Commentators are using Netflix’s past deal setbacks to caution about larger market M&A dynamics, which may add to risk‑off sentiment for high‑beta growth names. Gary Black Cites Netflix-Warner Bros Deal To Caution Against SpaceX-Tesla Merger

Insider Transactions at Netflix

In related news, insider David A. Hyman sold 23,439 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at approximately $27,851,571. This trade represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bradford L. Smith sold 31,790 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at $7,081,253.40. This trade represents a 28.52% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,520,133 shares of company stock worth $137,259,786. 1.37% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on NFLX shares. Oppenheimer set a $125.00 target price on shares of Netflix and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating on shares of Netflix in a research report on Friday, February 27th. Guggenheim reduced their price objective on Netflix from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft restated 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. Finally, Benchmark reaffirmed a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and a consensus target price of $114.35.

Netflix Trading Down 2.6%

Netflix stock opened at $90.92 on Wednesday. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $383.88 billion, a price-to-earnings ratio of 35.98, a P/E/G ratio of 1.43 and a beta of 1.68. The company has a 50 day moving average price of $86.96 and a 200 day moving average price of $101.27.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Research analysts forecast that Netflix, Inc. will post 24.58 EPS 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.