<div id="readability-page-1"><p>Voloridge Investment Management LLC lessened its holdings in  Netflix, Inc. (NASDAQ:NFLX - Free Report) by 33.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,102 shares of the Internet television network's stock after selling 28,960 shares during the period. Voloridge Investment Management LLC's holdings in Netflix were worth $50,896,000 at the end of the most recent quarter.</p><ul><li>2 Reasons Netflix’s 40% Rally Is Far From Over</li></ul><p>Several other large investors also recently bought and sold shares of NFLX. Vanguard Group Inc. raised its position in shares of  Netflix by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network's stock valued at $33,413,809,000 after buying an additional 171,712 shares in the last quarter.  FMR LLC increased its stake in  Netflix by 1.8% during the fourth quarter. FMR LLC now owns 20,887,090 shares of the Internet television network's stock worth $18,617,081,000 after acquiring an additional 375,234 shares during the last quarter.  Geode Capital Management LLC raised its position in  Netflix by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 9,323,952 shares of the Internet television network's stock valued at $8,287,823,000 after purchasing an additional 175,596 shares during the period.  Norges Bank purchased a new stake in  Netflix during the fourth quarter valued at approximately $5,019,087,000.  Finally, Alliancebernstein L.P. lifted its stake in shares of  Netflix by 1.6% in the 4th quarter. Alliancebernstein L.P. now owns 5,141,328 shares of the Internet television network's stock valued at $4,582,568,000 after purchasing an additional 82,564 shares during the last quarter. Institutional investors own  80.93% of the company's stock. </p><h2>Netflix Stock Performance</h2><p>Shares of Netflix stock opened at $1,192.02 on Wednesday. Netflix, Inc. has a one year low of $587.04 and a one year high of $1,196.50. The company has a 50-day simple moving average of $1,020.82 and a two-hundred day simple moving average of $952.98. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $507.29 billion, a PE ratio of 60.11, a P/E/G ratio of 2.12 and a beta of 1.58. </p><ul><li>New Tariffs Hit Film Industry—What It Means for Netflix</li></ul><p>Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping analysts' consensus estimates of $5.74 by $0.87. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The firm had revenue of $10.54 billion during the quarter, compared to analysts' expectations of $10.51 billion. During the same quarter last year, the firm earned $8.28 EPS.  Research analysts expect that  Netflix, Inc. will post 24.58 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>Several equities analysts have recently weighed in on the company. Piper Sandler  set a $1,150.00 target price on Netflix and gave the company an &#34;overweight&#34; rating in a research report on Monday, April 21st. UBS Group dropped their price objective on shares of Netflix from $1,150.00 to $1,140.00 and set a &#34;buy&#34; rating for the company in a research note on Tuesday, April 15th. Evercore ISI  reissued an &#34;outperform&#34; rating on shares of Netflix in a research note on Thursday, May 15th. Morgan Stanley raised their target price on shares of Netflix from $1,150.00 to $1,200.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, April 21st. Finally, Needham &amp; Company LLC  reaffirmed a &#34;buy&#34; rating and set a $1,126.00 price target on shares of Netflix in a research note on Thursday, April 17th. Eleven analysts have rated the stock with a hold rating, twenty-five have issued  a buy rating and two have issued  a strong buy rating to the company. Based on data from MarketBeat.com, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $1,102.79.</p><ul><li>5 Stocks That Crushed Earnings and Guidance Forecasts</li></ul><p><b>Check Out Our Latest Analysis on Netflix</b></p><h2>Insider Activity at Netflix</h2><p>In other news, CFO Spencer Adam Neumann sold 2,601 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $982.05, for a total transaction of $2,554,312.05. Following the sale, the chief financial officer now directly owns 3,691 shares of the company's stock, valued at $3,624,746.55. The trade was a 41.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, CAO Jeffrey William Karbowski sold 160 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $1,000.00, for a total value of $160,000.00. The disclosure for this sale can be found here. Insiders sold 132,868 shares of company stock valued at $138,483,256 in the last three months. 1.76% of the stock is owned by insiders. </p><h2>Netflix Company Profile</h2> (Free Report)<p>Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Netflix</li><li>About the Markup Calculator</li><li>Top 5 Stocks Hedge Funds Are Buying Right Now</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>Viking Holdings Posts Strong Q1, Eyes Growth Ahead</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>2 Reasons Netflix’s 40% Rally Is Far From Over</li></ul><p><strong>Want to see what other hedge funds are holding NFLX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkZMWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkZMWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Netflix Right Now?</h2><p>Before you consider Netflix, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Netflix wasn't on the list.</p><p>While Netflix currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NFLX

<p>Voloridge Investment Management LLC reduced its stake in Netflix, Inc. (NASDAQ:NFLX) by 33.7% in Q4, selling 28,960 shares, leaving it with 57,102 shares valued at approximately $50.9 million. Other institutional investors, including Vanguard and FMR LLC, also adjusted their holdings. Netflix's stock opened at $1,192.02, with a market cap of $507.29 billion and a PE ratio of 60.11. Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $1,102.79.</p>

- Voloridge Investment Management LLC reduced its Netflix holdings by 33.7% in Q4, owning 57,102 shares valued at $50.9 million after selling 28,960 shares.  
- Other institutional investors, including Vanguard and FMR LLC, increased their stakes, with institutional ownership at 80.93%.  
- Netflix reported Q1 earnings of $6.61 per share, exceeding estimates, and analysts project a fiscal year EPS of 24.58, maintaining a consensus rating of "Moderate Buy."

Voloridge Investment Management LLC Sells 28,960 Shares of Netflix, Inc. (NASDAQ:NFLX)