Oppenheimer & Co. Inc. Boosts Stock Position in Netflix, Inc. $NFLX

Oppenheimer & Co. Inc. lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 863.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 319,760 shares of the Internet television network’s stock after purchasing an additional 286,562 shares during the period. Oppenheimer & Co. Inc.’s holdings in Netflix were worth $29,981,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Seascape Capital Management increased its position in shares of Netflix by 1.6% during the third quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock valued at $681,000 after buying an additional 9 shares during the period. Crews Bank & Trust increased its position in shares of Netflix by 5.8% during the third quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock valued at $197,000 after buying an additional 9 shares during the period. Apriem Advisors increased its position in shares of Netflix by 0.6% during the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock valued at $1,879,000 after buying an additional 9 shares during the period. Tortoise Investment Management LLC increased its position in shares of Netflix by 10.8% during the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after buying an additional 9 shares during the period. Finally, Pacific Sun Financial Corp increased its position in shares of Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after buying an additional 9 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board approved a large buyback capacity — Netflix expanded its share‑repurchase authorization by roughly $25 billion, which reduces float and supports EPS and the share price. InsiderMonkey: Buyback
• Positive Sentiment: Q1 fundamentals and earnings signals remain strong — Netflix reported solid Q1 results (revenue growth ~16% YoY and an EPS beat), and some analysts/commentators say the sell‑off overlooked bullish elements in the report. Fool: Sell‑off Is a Gift
• Positive Sentiment: Analyst model tweaks lifted forward EPS estimates — Erste Group modestly raised FY2026/27 EPS forecasts, which helps justify the stock after the post‑earnings repricing. (Estimates reported by market commentary.)
• Neutral Sentiment: Mobile product push (Clips/vertical feed) aims to boost engagement and discovery but monetization impact is uncertain near term. TechCrunch: Clips
• Neutral Sentiment: Programming slate: May content highlights (new originals and returns) help retention/engagement but are incremental vs. macro growth drivers. MarketWatch: May slate
• Neutral Sentiment: Relative valuation comparisons (e.g., SIRI vs. NFLX) are circulating; these frame Netflix as more expensive on absolute metrics but still attractive on growth-adjusted measures. Zacks: SIRI vs NFLX
• Negative Sentiment: Market reaction to the earnings update included a notable sell‑off that some say reflected disappointment around near‑term guidance, leaving sentiment fragile. Fool: Why Stock Falling
• Negative Sentiment: Shareholder activism is drawing attention to governance and valuation, which can create near‑term uncertainty even if it leads to constructive outcomes later. Yahoo Finance: Activism
• Negative Sentiment: Some analysts/journalists call the post‑earnings dip a “hold” scenario — arguing the stock isn’t cheap enough relative to other opportunities right after the drop. 247WallSt: Hold

Netflix Stock Up 1.6%

NFLX opened at $93.61 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average price of $94.81 and a 200-day moving average price of $96.77. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The stock has a market capitalization of $394.17 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 1.18 and a beta of 1.67.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the previous year, the company earned $6.61 earnings per share. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts forecast that Netflix, Inc. will post 3.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NFLX. Barclays set a $110.00 price target on shares of Netflix and gave the company an “equal weight” rating in a research report on Friday, April 17th. Sanford C. Bernstein reduced their price target on shares of Netflix from $115.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Piper Sandler reiterated an “overweight” rating and set a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Phillip Securities boosted their price objective on shares of Netflix from $100.00 to $110.00 in a research note on Monday, April 20th. Finally, Seaport Research Partners boosted their price objective on shares of Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $114.82.

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,231,126. This represents a 27.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the sale, the chief executive officer directly owned 122,140 shares of the company’s stock, valued at approximately $10,166,933.60. This represents a 18.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,382,013 shares of company stock valued at $127,482,296 in the last quarter. Insiders own 1.37% of the company’s stock.

About Netflix

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.