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Is Disney Getting Ready to Buy Netflix?

Netflix shares closed 4.14 percent higher in U.S. trade on Monday after chatter on Wall Street that Disney could be looking to buy the streaming company, MarketWatch reported.

Speculation of a takeover began on Friday and carried over the weekend. MarketWatch cited a client note from R.W. Baird analyst William Power, who wrote Netflix has been the subject of "recent M&A rumors," and "whether Disney, Apple or someone else, Netflix could become a target."

Disney shares ended the day 0.4 percent lower.

A Netflix spokesperson told MarketWatch that the company doesn't comment on rumors and did not add anything else while the company is in a blackout period ahead of earnings on October 17. Disney wasn't available for comment.

Disney is very interested in streaming. In August, the company invested $1 billion in streaming video company BAM Tech, and last year launched DisneyLife – a Netflix-style service for its movies and TV shows.