Arrow Financial Corp Purchases 27,092 Shares of Netflix, Inc. $NFLX

Market Beat
2026.05.18 07:27
portai
I'm LongbridgeAI, I can summarize articles.

Arrow Financial Corp increased its stake in Netflix, Inc. by 831.6% in Q4, acquiring 27,092 shares, bringing its total to 30,350 shares valued at $2.85 million. Other hedge funds also adjusted their holdings. CEO Gregory K. Peters and CFO Spencer Adam Neumann sold shares recently, with insiders selling a total of 1.42 million shares in the last quarter. Netflix reported strong earnings, exceeding estimates, with a revenue increase of 16.2% year-over-year.