Rathbones Group PLC Increases Stock Holdings in Netflix, Inc. $NFLX

by · The Cerbat Gem

Rathbones Group PLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 1,048.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 824,173 shares of the Internet television network’s stock after buying an additional 752,424 shares during the period. Rathbones Group PLC’s holdings in Netflix were worth $77,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Lazard Freres Gestion S.A.S. lifted its position in shares of Netflix by 877.7% during the 4th quarter. Lazard Freres Gestion S.A.S. now owns 43,920 shares of the Internet television network’s stock valued at $4,117,000 after buying an additional 39,428 shares in the last quarter. Fischer Financial Services Inc. lifted its position in shares of Netflix by 851.1% during the 4th quarter. Fischer Financial Services Inc. now owns 22,255 shares of the Internet television network’s stock valued at $2,087,000 after buying an additional 19,915 shares in the last quarter. Little House Capital LLC lifted its position in shares of Netflix by 807.1% during the 4th quarter. Little House Capital LLC now owns 34,561 shares of the Internet television network’s stock valued at $3,240,000 after buying an additional 30,751 shares in the last quarter. Redmont Wealth Advisors LLC lifted its position in shares of Netflix by 900.0% during the 4th quarter. Redmont Wealth Advisors LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after buying an additional 270 shares in the last quarter. Finally, Kennedy Investment Group purchased a new position in shares of Netflix during the 4th quarter valued at approximately $264,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other news, 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 transaction of $503,993.76. Following the transaction, the insider owned 316,100 shares in the company, valued at $27,842,088. The trade was a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,422,769 shares of company stock worth $135,144,073. Corporate insiders own 1.24% of the company’s stock.

Netflix Trading Down 1.4%

Shares of NFLX stock opened at $88.09 on Thursday. The stock’s fifty day moving average is $94.16 and its two-hundred day moving average is $94.34. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $370.93 billion, a P/E ratio of 28.45, a PEG ratio of 1.14 and a beta of 1.55. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on NFLX shares. Wolfe Research reiterated an “outperform” rating and set a $107.00 target price on shares of Netflix in a research report on Friday, April 17th. Citizens Jmp reiterated a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. Canaccord Genuity Group set a $125.00 target price on Netflix and gave the company a “buy” rating in a research report on Wednesday, January 21st. Susquehanna upgraded Netflix to a “positive” rating and set a $112.00 target price on the stock in a research report on Wednesday, January 21st. Finally, Citigroup started coverage on Netflix in a report on Thursday, April 16th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Get Our Latest Research Report on Netflix

Netflix Company Profile

(Free Report)

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.

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