Meitav Investment House Ltd. Has $35.47 Million Stake in Netflix, Inc. $NFLX

by · The Markets Daily

Meitav Investment House Ltd. increased its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 27.1% in the first quarter, Holdings Channel reports. The institutional investor owned 369,004 shares of the Internet television network’s stock after buying an additional 78,721 shares during the period. Meitav Investment House Ltd.’s holdings in Netflix were worth $35,473,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Financial Corp IN grew its stake in shares of Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. lifted its position in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new stake in shares of Netflix in the third quarter worth $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in Netflix during the fourth quarter worth $26,000. Institutional investors and hedge funds own 80.93% 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

Insider Buying and Selling at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on NFLX shares. The Goldman Sachs Group downgraded shares of Netflix from a “neutral” rating to an “underweight” rating in a research report on Thursday, June 18th. Rosenblatt Securities decreased their price objective on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, April 17th. China Renaissance lifted their target price on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, April 17th. Moffett Nathanson dropped their target price on Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Finally, Phillip Securities increased their price target on Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $114.26.

Read Our Latest Stock Report on Netflix

Netflix Stock Performance

NASDAQ NFLX traded up $1.19 during trading on Tuesday, reaching $77.20. The company’s stock had a trading volume of 12,557,076 shares, compared to its average volume of 45,166,914. The firm has a market capitalization of $325.09 billion, a price-to-earnings ratio of 24.85, a price-to-earnings-growth ratio of 0.99 and a beta of 1.52. Netflix, Inc. has a 12 month low of $70.86 and a 12 month high of $129.32. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average price of $83.46 and a 200 day moving average price of $88.25.

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

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.

Featured Articles

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).