Fidelis Capital Partners LLC Purchases 43,090 Shares of Netflix, Inc. $NFLX

Fidelis Capital Partners LLC increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 882.4% in the 4th quarter, HoldingsChannel reports. The firm owned 47,973 shares of the Internet television network’s stock after acquiring an additional 43,090 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Netflix were worth $4,498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NFLX. Apriem Advisors lifted its holdings in shares of Netflix by 0.6% in the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after acquiring an additional 9 shares during the last quarter. Tortoise Investment Management LLC lifted its holdings in shares of Netflix by 10.8% in the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock worth $110,000 after acquiring an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. lifted its holdings in shares of Netflix by 3.2% in the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock worth $345,000 after acquiring an additional 9 shares during the last quarter. Pacific Sun Financial Corp lifted its holdings in shares of Netflix by 1.6% in the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock worth $688,000 after acquiring an additional 9 shares during the last quarter. Finally, Carl P. Sherr & Co. LLC lifted its holdings in shares of Netflix by 0.6% in the third quarter. Carl P. Sherr & Co. LLC now owns 1,715 shares of the Internet television network’s stock worth $2,056,000 after acquiring an additional 10 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $7,046,658.50. The trade was a 43.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider owned 316,100 shares in the company, valued at $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 1,422,769 shares of company stock worth $135,144,073. 1.24% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on NFLX shares. President Capital raised their price objective on shares of Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Citizens Jmp reiterated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Bank of America reiterated a “buy” rating and issued a $125.00 price objective on shares of Netflix in a report on Monday, May 18th. HSBC raised their price objective on shares of Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a report on Friday, April 10th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a report on Thursday, May 14th. Two research 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Netflix Stock Performance

Shares of NFLX stock opened at $87.35 on Thursday. The company has a market cap of $367.81 billion, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $93.45 and a 200-day moving average of $93.59.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results 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 net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter last year, the firm posted $6.61 EPS. Netflix’s 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, equities analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current year.

Netflix 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.