Leeward Financial Partners LLC Sells 19,251 Shares of Netflix, Inc. $NFLX

Leeward Financial Partners LLC reduced its holdings in Netflix, Inc. (NASDAQ:NFLX) by 29.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 45,179 shares of the Internet television network’s stock after selling 19,251 shares during the quarter. Netflix accounts for approximately 1.3% of Leeward Financial Partners LLC’s portfolio, making the stock its 29th largest position. Leeward Financial Partners LLC’s holdings in Netflix were worth $4,344,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after purchasing an additional 351,493,659 shares during the period. State Street Corp lifted its stake in Netflix by 927.6% in the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock valued at $16,574,986,000 after buying an additional 159,578,053 shares during the period. Geode Capital Management LLC lifted its stake in Netflix by 892.0% in the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after buying an additional 89,558,684 shares during the period. Capital World Investors boosted its holdings in Netflix by 859.1% during the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after buying an additional 80,025,890 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Netflix by 685.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock worth $8,068,882,000 after buying an additional 75,107,069 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix announced a new AI advertising partnership with Omnicom Media, combining Acxiom audience data with Netflix’s ad tech to create hyper-personalized, dynamically generated ads. The deal supports Netflix’s push to grow its ad-supported business and could open a new revenue stream. Netflix (NFLX) Teams Up With Omnicom Media To Bring AI Ads Onto The Platform
• Positive Sentiment: Netflix continues expanding beyond core streaming, with recent coverage highlighting growth opportunities in advertising, live events, and gaming. Investors looking for a turnaround may see these initiatives as long-term catalysts. Netflix’s Next Act: Beyond Streaming
• Positive Sentiment: Netflix previewed a new slate of animated projects at the Annecy International Animation Film Festival, reinforcing that its content pipeline remains active and that hits from animation could support engagement and subscriber retention. Netflix Previews New Slate At Annecy International Animation Film Fest
• Neutral Sentiment: Recent commentary from analysts and media outlets has focused on Netflix’s weak share performance, its 18-20 month lows, and speculation about acquisitions or “future” growth strategies; these articles reflect sentiment rather than a specific operational update. Netflix is growing but its stock price is shrinking, as the specter of M&A spooks investors
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock’s move today.
• Negative Sentiment: Multiple reports emphasized that NFLX has fallen sharply from recent highs and is trading near its 52-week low, underscoring investor concern about slowing momentum and valuation risk. Netflix Stock Craters To Lowest Level In 20 Months
• Negative Sentiment: Ongoing criticism that Netflix may be “desperate” to pursue major acquisitions or other big strategic moves is weighing on sentiment, as investors worry about execution and capital allocation. ‘Think About the Future,’ Says Investor About Netflix Stock

Insider Buying and Selling

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at $376,230.60. This represents a 99.07% decrease in their position. 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. Over the last three months, insiders have sold 1,349,019 shares of company stock valued at $123,105,721. 1.24% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

NFLX has been the subject of a number of recent analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $118.00 price target on shares of Netflix in a research note on Thursday, April 16th. Sanford C. Bernstein reissued an “outperform” rating on shares of Netflix in a research note on Thursday, June 4th. China Renaissance boosted their price objective on shares of Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Raymond James Financial reaffirmed a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. Finally, Barclays set a $110.00 target price on shares of Netflix and gave the stock an “equal weight” rating in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.26.

Netflix Trading Down 1.3%

NASDAQ:NFLX opened at $70.90 on Friday. Netflix, Inc. has a fifty-two week low of $70.86 and a fifty-two week high of $134.12. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market capitalization of $298.55 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50. The business’s 50-day simple moving average is $86.36 and its 200-day simple moving average is $89.10.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same period in the previous year, the firm earned $6.61 EPS. Netflix’s quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal 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.