Relyea Zuckerberg Hanson LLC Boosts Position in Netflix, Inc. $NFLX

by · The Markets Daily

Relyea Zuckerberg Hanson LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 738.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,946 shares of the Internet television network’s stock after buying an additional 8,760 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in Netflix were worth $933,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. First Financial Corp IN grew its stake in Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. lifted its stake in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Imprint Wealth LLC purchased a new stake in Netflix in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC bought a new position in Netflix in the 3rd quarter valued at $28,000. Finally, MB Levis & Associates LLC boosted its holdings in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after purchasing an additional 192 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several research analyst reports. Canaccord Genuity Group set a $125.00 price target on shares of Netflix and gave the stock a “buy” rating in a report on Wednesday, January 21st. DZ Bank reissued a “buy” rating on shares of Netflix in a research note on Friday, February 27th. Wells Fargo & Company assumed coverage on Netflix in a research report on Monday, March 9th. They set an “equal weight” rating and a $105.00 target price for the company. Sanford C. Bernstein restated a “buy” rating on shares of Netflix in a research note on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $98.00 price target (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $114.57.

Read Our Latest Stock Analysis on NFLX

Netflix Stock Performance

NASDAQ NFLX opened at $98.66 on Friday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a fifty day moving average of $88.28 and a 200-day moving average of $99.86. The company has a market capitalization of $416.56 billion, a P/E ratio of 39.04, a P/E/G ratio of 1.50 and a beta of 1.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Transactions at Netflix

In related news, CFO Spencer Adam Neumann sold 57,260 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the sale, the chief financial officer 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 filing with the SEC, which is available through the SEC website. Also, Director Bradford L. Smith sold 31,790 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the sale, the director directly owned 79,690 shares of the company’s stock, valued at approximately $7,081,253.40. This represents a 28.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,543,023 shares of company stock worth $141,145,842. Company insiders own 1.37% of the company’s stock.

More Netflix News

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Netflix 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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