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Vanguard Group Increases Netflix Stake by 0.4%, Boosting Holdings

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NFLX Stock Card

TLDR

  • Vanguard Group increased its stake in Netflix by 0.4% in the third quarter, acquiring an additional 142,238 shares.
  • The firm now owns 38,521,322 shares of Netflix, valued at $46.18 billion, representing 9.09% of the company.
  • Several institutional investors, including Retirement Wealth Solutions LLC and Steph & Co., also made moves in Netflix stock.
  • Analysts have adjusted their price targets for Netflix, with some lowering their projections for the stock.
  • Insiders, including Cletus R. Willems and David A. Hyman, recently sold shares of Netflix, totaling over $700,000 in sales.

Vanguard Group Inc. has increased its stake in Netflix, Inc. ($NFLX) by 0.4% in the third quarter, as per the latest 13F filing with the Securities & Exchange Commission (SEC). The firm now holds 38,521,322 shares of Netflix, reflecting an additional 142,238 shares acquired during the quarter. This move positions Netflix as the 16th largest holding in Vanguard’s portfolio, making up 0.7% of the total value.


NFLX Stock Card
Netflix, Inc., NFLX

Vanguard’s Stake in Netflix Grows

In the third quarter, Vanguard’s increase in Netflix shares signals confidence in the company’s performance. As of the most recent SEC filing, Vanguard’s stake in Netflix is valued at $46.18 billion. The firm now owns 9.09% of Netflix, a sign of its growing importance in Vanguard’s portfolio.

Other institutional investors also made moves during this period. Retirement Wealth Solutions LLC purchased a new stake in Netflix worth $28,000, while Steph & Co. increased its position by 188.9%. The combined actions of these firms suggest that many see potential in Netflix’s stock despite market fluctuations.

NFLX Stock: Analysts’ Take

Several analysts have updated their price targets and ratings for Netflix’s stock. Robert W. Baird reduced their target price from $150 to $120, while Wells Fargo & Company lowered its from $156 to $151. These adjustments reflect mixed sentiments about Netflix’s near-term outlook, but the stock continues to receive “buy” ratings from many experts.

Despite some analysts lowering their price targets, NFLX stock maintains a consensus “Moderate Buy” rating. With a 50-day moving average of $88.67 and a 200-day moving average of $106.99, the stock has experienced significant volatility in the past year. Investors remain divided on the stock’s potential, as reflected in its price swings between a 1-year low of $75.23 and a high of $134.12.

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Insider Activity in Netflix

In addition to institutional movements, insiders at Netflix have also been active. On February 10th, Cletus R. Willems, a company insider, sold 3,136 shares at an average price of $82.67. Similarly, David A. Hyman sold 5,727 shares on February 9th at $81.06 each, totaling over $464,000.

These insider sales are part of regular transactions within the company, but do raise questions about internal confidence. The continued insider activity might suggest a desire to capitalize on the current market conditions. However, insiders still hold a combined 1.37% of the company’s stock.

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Crypto World

Metaplanet Revenue Jumps 738% as Bitcoin Accounts for 95% of Income

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Metaplanet Revenue Jumps 738% as Bitcoin Accounts for 95% of Income

Japanese public company Metaplanet reported explosive revenue growth after pivoting its business around Bitcoin, with the cryptocurrency now accounting for most of its operating activity.

According to its fiscal year 2025 earnings report, revenue climbed to 8.9 billion Japanese yen ($58 million) from $7 million a year earlier, a 738% year-on-year increase. The surge followed the launch of the company’s Bitcoin (BTC) income operations.

“We launched the Bitcoin Income business in Q4 2024. Since then, this strategy has become our primary revenue source and is expected to remain a core driver of profit growth,” the company wrote.

A revenue breakdown shows about 95% of total income came from Bitcoin-related operations, largely generated through premium income from BTC options transactions. The company only began the segment in late 2024, replacing traditional business lines such as hotel and media activities as the core of its financial model.

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Metaplanet revenue surge. Source: Metaplanet

Related: Metaplanet sticks to Bitcoin buying plan as crypto sentiment hits 2022 lows

Bitcoin price drop pushes Metaplanet into loss

Operating profit reached about $40 million, but the company still posted a net loss of roughly $619 million. The loss stemmed from accounting rules. Since Metaplanet holds large Bitcoin reserves, it must reflect price swings on its financial statements, and a more than $664 million valuation drop erased the year’s operating income.

The company has aggressively accumulated Bitcoin amid the business shift. Holdings increased from 1,762 BTC at the end of 2024 to 35,102 BTC by the end of 2025, making it the largest corporate Bitcoin holder in Japan. The company has also raised more than $3.2 billion in capital since adopting its treasury strategy.

Metaplanet described its model as a long-term Bitcoin treasury approach, aiming to “acquire and hold Bitcoin permanently to hedge against fiat currency dilution and benefit from long-term value appreciation.”

The company expects growth to continue next year, forecasting revenue of about $104 million and operating profit of $74 million.

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Related: Metaplanet lifts 2026 revenue outlook despite $680M Bitcoin impairment

Metaplanet CEO reaffirms Bitcoin strategy despite market selloff

Earlier this month, Metaplanet CEO Simon Gerovich said the company will stick with its Bitcoin-focused approach even as the broader crypto market undergoes a sharp downturn. In a post on X, he stated there would be no shift in direction despite recent volatility.