US Bancorp DE Has $132.17 Million Position in Netflix, Inc. $NFLX

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US Bancorp DE significantly increased its stake in Netflix, Inc. by 957.6% in the fourth quarter, now holding over 1.4 million shares valued at $132.17 million. This move comes as Netflix reported strong Q1 earnings, including an EPS beat and a new $25 billion share buyback authorization, despite recent insider selling. Institutional investors collectively own a substantial 80.93% of the company’s stock.

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