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Central Valley Advisors LLC Purchases 14,587 Shares of Netflix, Inc. $NFLX
Central Valley Advisors LLC significantly increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 1,015.8% in the fourth quarter, acquiring an additional 14,587 shares to hold a total of 16,023 shares valued at approximately $1.50 million. This comes as Netflix reported strong Q4 results, exceeding revenue and EPS estimates, with advertising revenue surging 2.5x and a BTS livestream attracting 18.4 million viewers. Despite substantial insider selling, institutional investors own a significant portion of the stock, and analysts maintain a “Moderate Buy” rating for NFLX.