Stock Yards Bank & Trust Co. Purchases 26,733 Shares of Netflix, Inc. $NFLX

Stock Yards Bank & Trust Co. grew its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,141.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,074 shares of the Internet television network’s stock after acquiring an additional 26,733 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Netflix were worth $2,726,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Imprint Wealth LLC bought a new position in shares of Netflix in the third quarter valued at approximately $25,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Netflix in the third quarter valued at approximately $28,000. Steph & Co. increased its holdings in shares of Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after purchasing an additional 17 shares in the last quarter. Bare Financial Services Inc increased its holdings in shares of Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 14 shares in the last quarter. Finally, Horizon Financial Services LLC increased its holdings in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 24 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

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Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler reissued a “positive” rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. JPMorgan Chase & Co. assumed coverage on shares of Netflix in a report on Monday, March 2nd. They issued an “overweight” rating and a $120.00 price target for the company. Wells Fargo & Company assumed coverage on shares of Netflix in a report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price target for the company. Evercore assumed coverage on shares of Netflix in a report on Friday, February 27th. They issued an “outperform” rating and a $115.00 price target for the company. Finally, DZ Bank reissued a “buy” rating on shares of Netflix in a report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $115.10.

Read Our Latest Stock Report on Netflix

Insider Activity

In other news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $25,623,066. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Cletus R. Willems sold 3,136 shares of Netflix stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,543,023 shares of company stock worth $141,145,842. Corporate insiders own 1.37% of the company’s stock.

Netflix Price Performance

NFLX opened at $98.93 on Tuesday. The company has a fifty day moving average price of $88.55 and a two-hundred day moving average price of $99.57. 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, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm has a market capitalization of $417.70 billion, a PE ratio of 39.15, a P/E/G ratio of 1.50 and a beta of 1.67.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 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 during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the business earned $0.43 EPS. The business’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. As a group, analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

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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