Netflix, Inc. $NFLX Stock: Oppenheimer & Co. Inc. Cuts Position

Oppenheimer & Co. Inc. lowered its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 5.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 307,375 shares of the Internet television network’s stock after selling 18,531 shares during the period. Oppenheimer & Co. Inc.’s holdings in Netflix were worth $21,387,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. American Capital Advisory LLC grew its stake in Netflix by 0.8% in the first quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock valued at $1,345,000 after purchasing an additional 109 shares in the last quarter. CWS Financial Advisors LLC increased its position in Netflix by 3.2% in the 1st quarter. CWS Financial Advisors LLC now owns 3,612 shares of the Internet television network’s stock worth $347,000 after purchasing an additional 112 shares during the last quarter. Warner Group LLC increased its position in Netflix by 2.2% in the 1st quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock worth $503,000 after purchasing an additional 114 shares during the last quarter. Financial Avengers Inc. increased its position in Netflix by 9.8% in the 1st quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock worth $124,000 after purchasing an additional 115 shares during the last quarter. Finally, PAX Financial Group LLC raised its stake in shares of Netflix by 2.5% during the 1st quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock worth $466,000 after purchasing an additional 116 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on NFLX shares. Deutsche Bank Aktiengesellschaft set a $93.00 price target on Netflix in a report on Wednesday, October 21st. Stephens initiated coverage on Netflix in a report on Friday, July 17th. They issued an “overweight” rating on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $80.00 price objective (down from $95.00) on shares of Netflix in a research report on Wednesday, October 21st. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a research report on Wednesday, October 21st. Finally, UBS Group set a $90.00 target price on shares of Netflix in a research note on Wednesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average price target of $89.59.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix delivered a solid Q3 financial performance, exceeding consensus EPS estimates, expanding margins to a record level, and growing revenue year over year. The company’s sizable share-buyback activity may also support per-share results. Netflix Just Posted a Record Margin
• Positive Sentiment: Analysts noted that international revenue trends and wider margins could provide a foundation for a recovery, while some investors view the post-earnings selloff as a potential buying opportunity. International Revenue Trends
• Neutral Sentiment: Reported short interest was listed at zero shares, implying no measurable short-interest ratio. The figure may reflect a reporting or data issue and offers little actionable insight for investors.
• Neutral Sentiment: Netflix is undergoing a major content and leadership shake-up, including the departure of senior executives and roughly 1,000 job cuts. Management appears to be repositioning the company to improve content performance and regain viewing share. Netflix Content Leadership Changes
• Negative Sentiment: Investors were disappointed that guidance implied approximately 13% annual revenue growth and reportedly included a weaker fourth-quarter outlook and reduced expectations for 2026 advertising revenue. The market viewed the outlook as insufficient for Netflix’s valuation. Netflix Post-Earnings Dip
• Negative Sentiment: Engagement and watch-hour trends have become the primary overhang. Co-CEO Greg Peters acknowledged that U.S. engagement can improve, raising concerns that Netflix is losing attention to YouTube, artificial intelligence-driven content, and short-form video. Netflix U.S. Engagement Concerns

Insider Buying and Selling at Netflix

In related news, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total value of $700,905.92. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. This trade represents a 11.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David A. Hyman sold 5,723 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 179,045 shares of company stock worth $13,132,194 in the last quarter. 1.24% of the stock is owned by corporate insiders.

Netflix Stock Down 3.0%

Shares of NFLX stock opened at $63.90 on Tuesday. The stock’s 50 day simple moving average is $74.27 and its 200 day simple moving average is $82.27. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. Netflix, Inc. has a twelve month low of $62.86 and a twelve month high of $116.73. The company has a market capitalization of $262.39 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 0.96 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last posted its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.05. The firm had revenue of $12.87 billion during the quarter, compared to analyst estimates of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.59 EPS. As a group, research analysts predict that Netflix, Inc. will post 3.59 EPS 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.