21,725 Shares in Netflix, Inc. $NFLX Purchased by Pioneer Trust Bank N A OR

Pioneer Trust Bank N A OR purchased a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 21,725 shares of the Internet television network’s stock, valued at approximately $2,089,000.

A number of other large investors have also added to or reduced their stakes in the stock. First Financial Corp IN increased its stake in shares of Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the period. Turning Point Benefit Group Inc. grew its holdings in Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 268 shares during the period. Imprint Wealth LLC purchased a new stake in Netflix in the third quarter worth $25,000. Finally, Cornerstone Financial Management LLC purchased a new stake in Netflix in the fourth quarter worth $26,000. Hedge funds and other institutional investors 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 signed licensing deals with multiple digital publishers, including BuzzFeed, Condé Nast, Hearst, People Inc., Tastemade and Penske Media brands, to add short-form videos to its homepage. The move suggests Netflix is trying to boost engagement, diversify its content mix, and compete more directly for viewing time against YouTube. Article title
• Positive Sentiment: Reports also say Netflix is interested in bidding for U.S. broadcast rights to the 2030 and 2034 FIFA World Cups, a potentially high-profile sports move that could improve subscriber growth, brand reach, and ad sales if it wins part of the package. Article title
• Positive Sentiment: Several commentary pieces highlighted Netflix as undervalued after its pullback, pointing to strong free cash flow, raised cash flow guidance, and growth initiatives such as ad-supported tiers, gaming, and live programming. Article title
• Neutral Sentiment: Analysts and market commentators continued to frame Netflix as a stock with mixed near-term technical and valuation signals, including references to “death cross” resistance and a soft recent trend, but without a major new fundamental negative. Article title
• Negative Sentiment: Some recent coverage flagged an engagement problem, including concerns that viewers are dropping off after early seasons of big shows and that Netflix faces structural pressure from shorter-form “microdramas” and changing viewing habits. Article title

Analysts Set New Price Targets

A number of brokerages have recently commented on NFLX. TD Cowen reaffirmed a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Moffett Nathanson dropped their price objective on shares of Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Netflix in a research report on Thursday, June 4th. Needham & Company LLC reiterated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Finally, Citizens Jmp restated a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $114.26.

Insider Transactions at Netflix

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is owned by insiders.

Netflix Stock Up 0.2%

Shares of NASDAQ:NFLX opened at $76.18 on Wednesday. The firm has a fifty day moving average price of $82.80 and a two-hundred day moving average price of $87.99. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. Netflix, Inc. has a one year low of $70.86 and a one year high of $129.32. The company has a market cap of $320.78 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 0.97 and a beta of 1.52.

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, topping analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts anticipate that Netflix, Inc. will post 3.6 EPS 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.