NEOS Investment Management LLC Increases Stock Holdings in Netflix, Inc. $NFLX

Key Points

• NEOS Investment Management increased its Netflix stake by 64.6% in Q3, adding 69,570 shares to hold 177,297 shares worth about $212.6 million, making NFLX 1.6% of NEOS's portfolio and its 11th largest holding.
• Insider selling has been heavy: Reed Hastings sold 390,970 shares (~$32.7M) on Feb 2, and insiders disposed of roughly 1,399,163 shares valued at ~$129.9M over the past 90 days (insiders now own 1.37%).
• Analyst backdrop and results: Netflix carries a consensus rating of "Moderate Buy" with a $116.08 target; it beat quarterly estimates (EPS $0.56 vs $0.55, revenue $12.05B vs $11.97B, revenue +17.6%) and guided Q1 2026 EPS at $0.76.

NEOS Investment Management LLC grew its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 64.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 177,297 shares of the Internet television network's stock after acquiring an additional 69,570 shares during the period. Netflix accounts for 1.6% of NEOS Investment Management LLC's portfolio, making the stock its 11th largest holding. NEOS Investment Management LLC's holdings in Netflix were worth $212,565,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NFLX. Retirement Wealth Solutions LLC bought a new position in Netflix in the 3rd quarter worth $28,000. Legacy Investment Solutions LLC bought a new stake in Netflix during the 2nd quarter valued at approximately $31,000. Steph & Co. lifted its holdings in Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network's stock worth $31,000 after purchasing an additional 17 shares in the last quarter. Rossby Financial LCC bought a new stake in shares of Netflix during the second quarter valued at approximately $35,000. Finally, LGT Financial Advisors LLC purchased a new position in shares of Netflix in the second quarter worth $40,000. Institutional investors own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several research analyst reports. Jefferies Financial Group reiterated a "buy" rating on shares of Netflix in a research note on Wednesday, January 21st. Susquehanna raised Netflix to a "positive" rating and set a $112.00 price target for the company in a research note on Wednesday, January 21st. Erste Group Bank cut Netflix from a "buy" rating to a "hold" rating in a report on Friday, October 31st. Royal Bank Of Canada restated a "hold" rating on shares of Netflix in a research report on Wednesday, January 21st. Finally, KGI Securities raised shares of Netflix from a "neutral" rating to an "outperform" rating and set a $135.00 target price on the stock in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and sixteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.08.

Insider Buying and Selling at Netflix

In other news, Director Reed Hastings sold 390,970 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $83.63, for a total value of $32,696,821.10. Following the transaction, the director directly owned 3,940 shares of the company's stock, valued at approximately $329,502.20. This represents a 99.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Cletus R. Willems sold 3,136 shares of the firm's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,399,163 shares of company stock valued at $129,899,103. Company insiders own 1.37% of the company's stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Large institutional backing: Vanguard increased its Netflix stake (added ~142k shares, now ~38.5M shares), signaling continued institutional confidence in NFLX. Vanguard Group Increases Netflix Stake by 0.4%
• Positive Sentiment: Analyst/market bullishness: pieces arguing Netflix is a buy on the “dip” tied to the Warner deal may attract bargain hunters and longer-term buyers. Netflix Is A Dip Worth Buying With Its Warner Bros. Acquisition
• Positive Sentiment: Market expansion tailwinds: Media Partners Asia reports Japan’s premium streaming revenue grew 15% in 2025 with Netflix leading the market — supports international growth thesis. Japan's Premium Streaming Sector Revenue Hit $7.2B In 2025
• Neutral Sentiment: Earnings focus ahead: Investors are watching ad revenue, churn metrics and guidance that could confirm whether top-line growth will hold as U.S. subscriber momentum softens. Short-term moves may hinge on that report. Netflix Earnings Preview: Investors Watch Ads, Churn And Warner Bros. Deal
• Neutral Sentiment: Broad market narratives: NFLX appears on several longer-term “top stock” lists for 2026 — these lists can support flows but are speculative. These 3 Stocks Appear to Be Set Up For a Massive 2026
• Negative Sentiment: Activist investor pressure: Ancora Holdings disclosed a stake and is positioned to oppose Netflix’s WBD asset acquisition, increasing political and shareholder friction around the deal. This raises execution risk and potential for litigation/renegotiation. An Activist Investor Emerges to Try Thwarting Netflix's Proposed Acquisition of Warner Bros.' Assets. What Will Happen Next?
• Negative Sentiment: Competing bids and deal uncertainty: Paramount reportedly sweetened an offer and WBD may reopen talks, which could outbid or derail Netflix’s agreement — increasing the chance of a bidding war or failed deal. Warner Bros. Is Said to Consider Reopening Talks With Paramount
• Negative Sentiment: Regulatory and public scrutiny: Coverage notes growing scrutiny of the takeover and potential regulatory concerns; prolonged scrutiny could delay the transaction and weigh on sentiment. Netflix's Warner Bros. Deal Is Under Fire.

Netflix Stock Up 1.3%

Netflix stock opened at $76.87 on Tuesday. The firm has a market cap of $324.56 billion, a P/E ratio of 30.42, a P/E/G ratio of 1.37 and a beta of 1.71. The business has a fifty day moving average of $88.27 and a two-hundred day moving average of $106.71. Netflix, Inc. has a twelve month low of $75.23 and a twelve month high of $134.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.

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