HS Management Partners LLC Has $19.54 Million Position in Netflix, Inc. $NFLX

HS Management Partners LLC lessened its stake in Netflix, Inc. (NASDAQ:NFLX) by 15.5% in the first quarter, HoldingsChannel reports. The firm owned 203,254 shares of the Internet television network’s stock after selling 37,156 shares during the period. Netflix accounts for about 6.8% of HS Management Partners LLC’s holdings, making the stock its 3rd biggest position. HS Management Partners LLC’s holdings in Netflix were worth $19,543,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Canal Capital Management LLC increased its stake in shares of Netflix by 34.6% in the 1st quarter. Canal Capital Management LLC now owns 6,182 shares of the Internet television network’s stock valued at $594,000 after acquiring an additional 1,590 shares during the last quarter. PAX Financial Group LLC boosted its stake in Netflix by 2.5% during the 1st quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock worth $466,000 after acquiring an additional 116 shares during the last quarter. First Dallas Securities Inc. boosted its stake in Netflix by 143.4% during the 1st quarter. First Dallas Securities Inc. now owns 11,438 shares of the Internet television network’s stock worth $1,100,000 after acquiring an additional 6,738 shares during the last quarter. 4WEALTH Advisors Inc. grew its holdings in Netflix by 49.2% during the first quarter. 4WEALTH Advisors Inc. now owns 6,488 shares of the Internet television network’s stock valued at $603,000 after purchasing an additional 2,139 shares during the period. Finally, Argos Wealth Advisors LLC grew its holdings in Netflix by 79.8% during the first quarter. Argos Wealth Advisors LLC now owns 4,844 shares of the Internet television network’s stock valued at $466,000 after purchasing an additional 2,150 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix rallied after reports clarified that a large-scale NBCUniversal acquisition was not an imminent goal, easing takeover-related anxiety and helping investors focus back on fundamentals. Why Netflix (NFLX) Stock Is Up Today
• Positive Sentiment: Analyst commentary and investor coverage highlighted Netflix’s ad growth, pricing power, and improving free cash flow outlook as key drivers that could support the stock into earnings. Netflix Gears Up to Report Q2 Earnings: Buy, Sell or Hold the Stock?
• Positive Sentiment: Netflix’s recent AI advertising partnership with Omnicom Media Group boosted sentiment by reinforcing the company’s monetization strategy for its ad-supported tier. Netflix (NFLX) Is Up 9.5% After AI Ad Tie-Up With Omnicom Media Group – Has The Bull Case Changed?
• Neutral Sentiment: Several articles framed Netflix as a potential value or turnaround idea after a sharp six-month decline, but these were mostly opinion pieces rather than new company-specific catalysts. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Neutral Sentiment: Coverage from Jim Cramer and other commentators argued the market may be too pessimistic about Netflix’s growth, but this did not reflect a new operating update. Jim Cramer Believes the Market Is Wrong About Netflix
• Negative Sentiment: A TipRanks AI Analyst downgrade and reduced price target added caution, citing growing near-term risks for Netflix (NFLX). AI Analyst Downgrades Netflix Stock, Cuts Price Target as Near-Term Risks Grow
• Negative Sentiment: Broader commentary still notes Netflix’s stock has lagged the market over the past six months, with softer quarterly results contributing to investor disappointment. Netflix (NFLX): 3 Reasons We Love This Stock

Insiders Place Their Bets

In other Netflix news, Director Bradford L. Smith sold 35,990 shares of Netflix stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the sale, the director owned 79,690 shares of the company’s stock, valued at $6,177,568.80. This trade represents a 31.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 899,839 shares of company stock worth $80,141,661 in the last ninety days. 1.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on NFLX shares. Guggenheim reaffirmed a “buy” rating and issued a $120.00 target price on shares of Netflix in a research note on Friday, May 15th. Rosenblatt Securities decreased their price target on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Morgan Stanley reissued an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Seaport Research Partners upped their price objective on shares of Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Oppenheimer set a $120.00 price objective on Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Two research 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.26.

Netflix Stock Performance

Shares of NFLX stock opened at $77.65 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a 52 week low of $70.86 and a 52 week high of $130.23. The company’s 50 day moving average price is $83.46 and its two-hundred day moving average price is $88.29. The company has a market capitalization of $326.97 billion, a P/E ratio of 25.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter in the prior year, the company earned $6.61 earnings per share. The business’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. On average, analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Netflix Company Profile

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.