Netflix, Inc. $NFLX Holdings Trimmed by Wedbush Securities Inc.

Wedbush Securities Inc. decreased its position in Netflix, Inc. (NASDAQ:NFLX) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 149,484 shares of the Internet television network’s stock after selling 15,039 shares during the period. Wedbush Securities Inc.’s holdings in Netflix were worth $10,401,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Atala Financial Inc raised its stake in shares of Netflix by 4.0% during the 3rd quarter. Atala Financial Inc now owns 5,229 shares of the Internet television network’s stock worth $364,000 after purchasing an additional 200 shares during the period. Opulen Financial Group LLC boosted its holdings in shares of Netflix by 13.0% in the 3rd quarter. Opulen Financial Group LLC now owns 3,787 shares of the Internet television network’s stock worth $263,000 after buying an additional 435 shares during the last quarter. James Investment Research Inc. grew its position in Netflix by 26.3% during the third quarter. James Investment Research Inc. now owns 18,540 shares of the Internet television network’s stock valued at $1,290,000 after buying an additional 3,857 shares during the period. BIP Wealth LLC grew its position in Netflix by 4.8% during the third quarter. BIP Wealth LLC now owns 21,763 shares of the Internet television network’s stock valued at $1,514,000 after buying an additional 1,004 shares during the period. Finally, River Street Advisors LLC grew its position in Netflix by 9.5% during the third quarter. River Street Advisors LLC now owns 17,219 shares of the Internet television network’s stock valued at $1,198,000 after buying an additional 1,496 shares during the period. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on NFLX. Moffett Nathanson restated a “buy” rating and set a $90.00 price objective on shares of Netflix in a report on Wednesday. Stephens started coverage on shares of Netflix in a research note on Friday, July 17th. They issued an “overweight” rating on the stock. UBS Group set a $90.00 target price on shares of Netflix in a research report on Wednesday. Loop Capital decreased their price target on shares of Netflix from $115.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price target (down from $85.00) on shares of Netflix in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.59.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Insider Transactions at Netflix

In related news, Director Richard N. Barton sold 2,160 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total transaction of $162,216.00. Following the sale, the director directly owned 246 shares in the company, valued at approximately $18,474.60. This represents a 89.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,723 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total transaction of $416,920.55. Following the sale, the insider owned 316,100 shares in the company, valued at $23,027,885. The trade was a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by insiders.

Netflix Stock Performance

NFLX traded down $1.20 during trading hours on Friday, hitting $65.85. The stock had a trading volume of 37,803,941 shares, compared to its average volume of 41,651,352. The company’s fifty day simple moving average is $74.27 and its 200 day simple moving average is $79.64. Netflix, Inc. has a 1 year low of $64.10 and a 1 year high of $116.73. The stock has a market cap of $270.40 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 0.98 and a beta of 1.62. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. The business had revenue of $12.87 billion for the quarter, compared to analysts’ expectations of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.59 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current year.

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.