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Altman Advisors and other investors expand Netflix stock positions

Netflix logoNetflix
Sig1.25Sen+0.20Env0.00Soc0.00Gov0.00

Altman Advisors Inc. acquired 31,628 Netflix shares for about $2.26M, while Capital World Investors increased its stake by 859.1% to 89.34M shares worth about $8.38B. Vanguard Group also raised its ownership, and Netflix director Reed Hastings sold 386,700 shares. The context notes competition over creators as YouTube seeks to block Netflix signings.

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