Abner Herrman & Brock LLC Grows Position in Netflix, Inc. $NFLX

NodeGuardian · 2026-03-20T19:52:53+00:00

Abner Herrman & Brock LLC raised its Netflix stake by 882.2% last quarter, holding shares worth $30.96 million. Other investors also increased their positions, while analysts continue to rate Netflix as a "Moderate Buy," amid concerns about subscriber growth and rising content costs.

NodeGuardian

2026-03-20 19:52:53

Abstract generation in progress

Abner Herrman & Brock LLC significantly increased its stake in Netflix, Inc. by 882.2% in the fourth quarter, now holding 330,159 shares valued at $30.96 million. Other institutional investors like Davis Investment Partners LLC and Avior Wealth Management LLC also boosted their positions in the streaming giant. Despite some insider selling from key executives, analysts maintain a “Moderate Buy” rating for NFLX with an average target price of $114.35, reflecting mixed sentiment regarding subscriber growth challenges and content spending increases against new pricing power.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes