Hartford Funds Management Co LLC Purchases 11,473 Shares of Netflix, Inc. $NFLX

Hartford Funds Management Co LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 1,387.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,300 shares of the Internet television network’s stock after acquiring an additional 11,473 shares during the period. Hartford Funds Management Co LLC’s holdings in Netflix were worth $1,153,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. McKinley Carter Wealth Services Inc. lifted its holdings in shares of Netflix by 903.0% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 95,276 shares of the Internet television network’s stock valued at $8,933,000 after purchasing an additional 85,777 shares during the last quarter. Flynn Zito Capital Management LLC lifted its holdings in shares of Netflix by 864.3% during the fourth quarter. Flynn Zito Capital Management LLC now owns 8,283 shares of the Internet television network’s stock valued at $777,000 after purchasing an additional 7,424 shares during the last quarter. Csenge Advisory Group lifted its holdings in shares of Netflix by 1,057.6% during the fourth quarter. Csenge Advisory Group now owns 25,085 shares of the Internet television network’s stock valued at $2,352,000 after purchasing an additional 22,918 shares during the last quarter. Integral Investment Advisors Inc. lifted its holdings in shares of Netflix by 880.5% during the fourth quarter. Integral Investment Advisors Inc. now owns 6,236 shares of the Internet television network’s stock valued at $585,000 after purchasing an additional 5,600 shares during the last quarter. Finally, Aviance Capital Partners LLC lifted its holdings in shares of Netflix by 1,153.5% during the fourth quarter. Aviance Capital Partners LLC now owns 20,545 shares of the Internet television network’s stock valued at $1,926,000 after purchasing an additional 18,906 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NFLX has been the subject of several recent research reports. DZ Bank reiterated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Royal Bank Of Canada reiterated a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. Erste Group Bank lowered shares of Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Barclays set a $110.00 price objective on shares of Netflix and gave the stock an “equal weight” rating in a report on Friday, April 17th. Finally, Susquehanna upgraded shares of Netflix to a “positive” rating and set a $112.00 price objective for the company in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $114.82.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $89.65 on Tuesday. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The firm has a market cap of $377.50 billion, a P/E ratio of 28.96, a PEG ratio of 1.11 and a beta of 1.55. The company has a 50 day moving average of $94.55 and a 200 day moving average of $94.64. 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:NFLX) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the previous year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, research analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $125 price target, arguing Netflix’s ad business is becoming a major long-term revenue driver as its ad-supported tier continues to scale. Netflix Stock Gains as BofA Maintains $125 Price Target
• Positive Sentiment: Multiple reports highlighted that analysts remain constructive on NFLX because of expanding ad inventory, stronger engagement, and the company’s push into live sports, which could unlock additional monetization. Binge-Watching To Live Sports: Why Netflix Is Chasing Massive 800 Million Smart-TV Jackpot
• Positive Sentiment: Citi also maintained a Buy rating with a $115 target, citing growth in the ad-supported business and user engagement as reasons for optimism. Citi Maintains Buy Rating on Netflix (NFLX) Stock
• Positive Sentiment: Netflix was also mentioned favorably in broader commentary as a stock with potential upside after its recent pullback, with some analysts arguing the selloff has outpaced the underlying fundamentals. NFLX Stock Collapsed. The Fundamentals Did Not
• Neutral Sentiment: Several articles framed Netflix as a long-term value and growth story, but did not point to any new operational catalyst beyond ongoing confidence in the business. Is Now the Time to Buy Forgotten FAANG Stock Netflix?
• Neutral Sentiment: Netflix’s high-profile UFC/MMA event coverage and recent entertainment headlines added visibility to the platform, but these stories were not directly tied to a fundamental change in the company’s outlook. Ronda Rousey comeback fight coverage on Netflix’s MVP card
• Negative Sentiment: Despite the bullish tone from Wall Street, coverage also noted that NFLX remains well below recent highs, reflecting investor concern about recent share-price weakness and the need to prove that ad growth and live sports can translate into stronger earnings momentum. Jim Cramer Discusses Netflix (NFLX), JPMorgan & Risk-Reward
• Negative Sentiment: Forbes noted Netflix’s ad tier now has scale, but the market is still waiting to see whether advertisers will pay premium rates, especially around live NFL games, leaving execution risk in place. Netflix Has 250 Million Ad Viewers. Now It Has To Prove Their Value

Insider Buying and Selling at Netflix

In other Netflix news, Director Reed Hastings sold 407,550 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $93.13, for a total transaction of $37,955,131.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at approximately $366,932.20. The trade was a 99.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,422,769 shares of company stock worth $135,144,073. 1.37% of the stock is owned by corporate insiders.

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.