Opes Wealth Management LLC Reduces Stock Holdings in Netflix, Inc. $NFLX

Opes Wealth Management LLC lessened its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 96.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 718 shares of the Internet television network’s stock after selling 20,746 shares during the quarter. Opes Wealth Management LLC’s holdings in Netflix were worth $861,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Imprint Wealth LLC acquired a new position in Netflix in the third quarter valued at $25,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Netflix in the 3rd quarter valued at about $28,000. Steph & Co. grew its stake in Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after buying an additional 17 shares during the last quarter. Bare Financial Services Inc increased its position in Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after buying an additional 14 shares during the period. Finally, Horizon Financial Services LLC lifted its stake in Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 24 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Reed Hastings sold 426,290 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at $361,179.80. The trade was a 99.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bradford L. Smith sold 31,790 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $88.86, for a total transaction of $2,824,859.40. Following the transaction, the director directly owned 79,690 shares in the company, valued at $7,081,253.40. The trade was a 28.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,520,133 shares of company stock valued at $137,259,786. Company insiders own 1.37% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix said it will launch a limited theatrical run for its new animated Stranger Things spinoff, a move that can boost engagement, broaden revenue streams and generate publicity for a marquee franchise. Netflix turns to theaters to launch ‘Stranger Things’ animated spin‑off
• Positive Sentiment: Netflix is extending theatrical exposure for Stranger Things (another day in theaters), reinforcing the company’s strategy to monetize tentpole IP beyond streaming and drive discovery. Netflix gives the Stranger Things franchise another day in movie theaters
• Positive Sentiment: Some money managers are adding to Netflix positions (Hightower’s Stephanie Link highlighted buying Netflix ahead of AI/tech sentiment shifts), signaling selective institutional support. Hightower’s Link Buying Netflix, Target, Broadcom Ahead of Nvidia Conference
• Neutral Sentiment: Wells Fargo initiated coverage with an Equal Weight rating. That’s not a buy call and can cap upside expectations versus firms reiterating Outperform views. Wells Fargo Initiates Netflix (NFLX) with Equal Weight Rating Amid Global Content Strategy
• Neutral Sentiment: Analyst debate and comparison pieces (Netflix vs. Disney, Meta comparisons) are driving discussion about long-term upside vs. valuation — useful context but not immediate catalysts. Netflix vs. Disney: Which Streaming Giant Is the Better Buy for 2026 and Beyond?
• Neutral Sentiment: Netflix scored Oscar wins, but analysts note the awards produced limited stock impact — positive for brand but not an immediate earnings lever. Oscar Gold Rush Proves Little Help to Netflix Stock (NASDAQ:NFLX)
• Negative Sentiment: Comments from co‑CEO Ted Sarandos on politics and public disputes have sparked investor caution — coverage notes his political remarks coincided with a share pullback, making reputation and content-politics headlines a near‑term headwind. Netflix Stock (NASDAQ:NFLX) Slips as Ted Sarandos Talks Politics
• Negative Sentiment: Ongoing celebrity/PR stories (coverage about Meghan/Prince Harry and their Netflix dealings) add noisy headlines that can distract from fundamentals and amplify short‑term volatility. Why Meghan Markle and Prince Harry Have Reportedly “Struggled” to Find Their Footing in Hollywood

Netflix Stock Performance

NASDAQ:NFLX opened at $94.36 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $398.40 billion, a P/E ratio of 37.34, a price-to-earnings-growth ratio of 1.46 and a beta of 1.68. The firm has a 50-day moving average price of $86.72 and a two-hundred day moving average price of $102.29. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period in the prior year, the business earned $0.43 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NFLX shares. JPMorgan Chase & Co. initiated coverage on shares of Netflix in a report on Monday, March 2nd. They issued an “overweight” rating and a $120.00 target price on the stock. Citic Securities decreased their price target on shares of Netflix from $109.00 to $95.00 and set a “hold” rating for the company in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $98.00 target price (up from $95.00) on shares of Netflix in a research report on Wednesday, January 21st. HSBC cut their target price on Netflix from $107.00 to $106.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Finally, Piper Sandler restated a “positive” rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.67.

Netflix Profile

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.