Ashton Thomas Securities LLC Buys 36,718 Shares of Netflix, Inc. $NFLX

Ashton Thomas Securities LLC significantly increased its stake in Netflix, Inc. by 850.7%, acquiring an additional 36,718 shares to hold a total of 41,034 shares valued at $3.85 million. Despite this substantial institutional buying and positive catalysts like a $25 billion share-repurchase program and new “Clips” feed, the stock faces headwinds from conservative Q2 guidance and significant insider selling, including by CFO Spencer Neumann and director Reed Hastings. Analysts currently rate Netflix with a “Moderate Buy” and a consensus target price of $114.82.

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