Siemens Fonds Invest GmbH Raises Holdings in Netflix, Inc. $NFLX

Siemens Fonds Invest GmbH increased its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 871.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 122,587 shares of the Internet television network’s stock after acquiring an additional 109,963 shares during the period. Netflix makes up about 0.6% of Siemens Fonds Invest GmbH’s holdings, making the stock its 23rd largest holding. Siemens Fonds Invest GmbH’s holdings in Netflix were worth $11,496,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. First Financial Corp IN grew its position in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares during the period. DiNuzzo Private Wealth Inc. grew its position in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 239 shares during the period. Turning Point Benefit Group Inc. grew its position in Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 268 shares during the period. Imprint Wealth LLC purchased a new position in Netflix in the third quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in Netflix in the fourth quarter worth approximately $26,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on NFLX shares. The Goldman Sachs Group upgraded Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Citic Securities raised their price target on Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. DZ Bank restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Wedbush restated an “outperform” rating and set a $118.00 price target on shares of Netflix in a research report on Thursday, April 16th. Finally, Citigroup assumed coverage on Netflix in a research report on Thursday, April 16th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and a consensus price target of $114.39.

Get Our Latest Research Report on NFLX

Netflix Trading Down 3.6%

NFLX opened at $78.72 on Wednesday. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The business has a fifty day simple moving average of $90.19 and a 200-day simple moving average of $90.65. The firm has a market cap of $331.47 billion, a P/E ratio of 25.43, a P/E/G ratio of 1.04 and a beta of 1.50. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This trade represents a 11.14% 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 Reed Hastings sold 386,700 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.97, for a total value of $33,244,599.00. Following the completion of the sale, the director owned 3,940 shares in the company, valued at approximately $338,721.80. The trade was a 98.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is owned by company insiders.

Netflix News Summary

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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