Atlantic Union Bankshares Corp Purchases 130,681 Shares of Netflix, Inc. $NFLX

Market Beat
2026.05.13 07:27
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Atlantic Union Bankshares Corp significantly increased its stake in Netflix, Inc. by 999.6% in Q4, acquiring 130,681 shares, bringing its total to 143,754 shares valued at $13.48 million. Other hedge funds also adjusted their positions in Netflix. Meanwhile, insiders, including Director Reed Hastings and CEO Theodore A. Sarandos, sold substantial shares recently. Netflix's stock opened at $87.66, with a market cap of $369.12 billion and a PE ratio of 28.31. The company reported strong earnings, exceeding estimates, and has set optimistic guidance for Q2 2026.