Resonant Capital Advisors LLC Boosts Stake in Netflix, Inc. $NFLX

Resonant Capital Advisors LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 37.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 30,169 shares of the Internet television network’s stock after acquiring an additional 8,233 shares during the period. Resonant Capital Advisors LLC’s holdings in Netflix were worth $2,901,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NFLX. Tortoise Investment Management LLC boosted its position in shares of Netflix by 10.8% during the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after acquiring an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. grew 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 valued at $345,000 after purchasing an additional 9 shares in the last quarter. Pacific Sun Financial Corp increased its position in 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 purchasing an additional 9 shares during the last quarter. Beaird Harris Wealth Management LLC increased its position in Netflix by 9.6% in the third quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock worth $137,000 after purchasing an additional 10 shares during the last quarter. Finally, Wayfinding Financial LLC increased its position in Netflix by 1.6% in the third quarter. Wayfinding Financial LLC now owns 754 shares of the Internet television network’s stock worth $903,000 after purchasing an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on NFLX. DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. New Street Research boosted their target price on shares of Netflix from $96.00 to $102.00 in a report on Friday, April 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a report on Wednesday, April 22nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Netflix in a report on Thursday, June 4th. Finally, Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two equities 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Netflix Stock Up 1.6%

Shares of NFLX stock traded up $1.19 on Tuesday, hitting $77.20. The stock had a trading volume of 12,557,076 shares, compared to its average volume of 45,166,914. Netflix, Inc. has a one year low of $70.86 and a one year high of $129.32. The business has a 50 day moving average price of $83.46 and a 200 day moving average price of $88.25. The company has a market cap of $325.09 billion, a PE ratio of 24.85, a P/E/G ratio of 0.99 and a beta of 1.52. 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 issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Insider Transactions at Netflix

In related news, insider David A. Hyman sold 5,722 shares of the business’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 value of $503,993.76. Following the completion of the transaction, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 899,839 shares of company stock worth $80,141,661. Insiders own 1.24% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several market commentators are highlighting Netflix as a buy ahead of its July 16 earnings report, citing improving ad revenue, live sports opportunities, and the potential for another strong quarter. Article Title
• Positive Sentiment: Some traders are leaning into Netflix’s defensive qualities in a softer tech market, and the stock has been edging higher despite technical resistance from a “death cross.” Article Title
• Positive Sentiment: Investor commentary on CNBC and in other pieces continues to frame Netflix as an attractive long-term growth name, with multiple articles arguing the company is trading at a compelling valuation after its pullback. Article Title
• Neutral Sentiment: Netflix is also getting attention for new content initiatives, including a “Little House on the Prairie” adaptation, which supports the company’s content pipeline but is unlikely to move the stock on its own. Article Title
• Negative Sentiment: Bearish coverage is also weighing on sentiment, with articles warning about a “second-season problem,” microdrama competition, and the risk that engagement could weaken as viewers abandon shows sooner. Article Title

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.