World Equity Group Inc. Has $1.08 Million Stake in Netflix, Inc. $NFLX

World Equity Group Inc. lifted its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,283.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,550 shares of the Internet television network’s stock after purchasing an additional 10,715 shares during the period. World Equity Group Inc.’s holdings in Netflix were worth $1,083,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in NFLX. Vanguard Group Inc. grew its position in Netflix by 0.4% during 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 buying an additional 142,238 shares in the last quarter. Contravisory Investment Management Inc. raised its holdings in Netflix by 837.2% in 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 acquiring an additional 99,496 shares in the last quarter. Grove Bank & Trust raised its holdings in Netflix by 1,379.8% in the 4th quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network’s stock valued at $2,392,000 after acquiring an additional 23,788 shares in the last quarter. CIBC Capital Markets Europe S.A. lifted its position in shares of Netflix by 171.4% during the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock valued at $79,732,000 after acquiring an additional 42,000 shares during the period. Finally, NorthCrest Asset Manangement LLC lifted its position in shares of Netflix by 2,184.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 85,727 shares of the Internet television network’s stock valued at $7,841,000 after acquiring an additional 81,975 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Cletus R. Willems sold 3,136 shares of Netflix stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,157,339. This represents a 27.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,520,133 shares of company stock worth $137,259,786 in the last quarter. Corporate insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on NFLX. The Goldman Sachs Group restated a “neutral” rating and issued a $100.00 price target (down from $112.00) on shares of Netflix in a research report on Wednesday, January 21st. Loop Capital set a $104.00 price objective on shares of Netflix in a research report on Tuesday, January 27th. JPMorgan Chase & Co. started coverage on shares of Netflix in a research note on Monday, March 2nd. They set an “overweight” rating and a $120.00 price objective on the stock. UBS Group set a $104.00 target price on shares of Netflix in a report on Tuesday, January 27th. Finally, Phillip Securities upgraded shares of Netflix from a “sell” rating to a “moderate buy” rating and boosted their target price for the company from $95.00 to $100.00 in a research report on Monday, January 26th. 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $114.35.

Read Our Latest Report on NFLX

Netflix Price Performance

Shares of NFLX stock opened at $92.28 on Thursday. The business has a fifty day simple moving average of $87.04 and a 200 day simple moving average of $101.04. The company has a market cap of $389.62 billion, a P/E ratio of 36.52, a P/E/G ratio of 1.39 and a beta of 1.68. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The firm 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 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, sell-side analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Netflix Profile

(Free Report)

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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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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