Atika Capital Management LLC Purchases 6,000 Shares of Netflix, Inc. $NFLX

Atika Capital Management LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX) by 50.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,000 shares of the Internet television network’s stock after purchasing an additional 6,000 shares during the period. Netflix comprises 1.7% of Atika Capital Management LLC’s portfolio, making the stock its 18th biggest holding. Atika Capital Management LLC’s holdings in Netflix were worth $21,581,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Retirement Wealth Solutions LLC bought a new stake in Netflix during the third quarter valued at approximately $28,000. Steph & Co. boosted its stake in shares of 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 acquiring an additional 17 shares during the last quarter. Bare Financial Services Inc boosted its stake in shares of Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 14 shares during the last quarter. Horizon Financial Services LLC grew its position in shares of Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 24 shares during the period. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Netflix in the 3rd quarter worth $36,000. 80.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. 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. Argus reduced their price target on Netflix from $141.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Needham & Company LLC lowered their price objective on Netflix from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Pivotal Research cut their price objective on Netflix from $105.00 to $95.00 and set a “hold” rating for the company in a research note on Wednesday, January 21st. Finally, BMO Capital Markets reduced their target price on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a report on Wednesday, January 21st. Two 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 company’s stock. According to data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average price target of $114.67.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix confirmed the acquisition of InterPositive, an AI post‑production startup co‑founded by Ben Affleck; reporting suggests the deal could be as large as $600M with earnouts tied to performance — a move that accelerates Netflix’s in‑house use of AI for editing and creative workflows. Netflix may have paid $600 million for Ben Affleck’s AI startup
• Positive Sentiment: Netflix is pushing further into gaming and live streaming — hiring Magali Huot to lead games marketing and signing a multi‑year partnership with Ateme for TITAN Live streaming infrastructure — signaling new monetization and engagement vectors beyond SVOD. Netflix Expands Games And Live Streaming As Valuation Signals Mixed Picture
• Neutral Sentiment: Wells Fargo started coverage on Netflix (details not heavy in headline list) — new coverage can add liquidity and influence near‑term analyst dialogue, but impact depends on the stance and estimates in the report. Wells Fargo & Company Begins Coverage on Netflix
• Negative Sentiment: Rivals and other media groups are signing AI deals (e.g., a reported Canal+/Google tie‑up), intensifying competition in AI content tools and recommendation systems — this reduces Netflix’s moat on AI advantages and may pressure margins if others secure better third‑party partnerships. Netflix Rival Strikes Deal With Google in Battle for AI Content
• Negative Sentiment: BofA cut its Netflix price target to $125 from $149, signaling analyst caution on valuation and growth assumptions; downward PT revisions tend to pressure sentiment and can prompt further analyst/quant selling. BofA Cuts PT on Netflix to $125
• Negative Sentiment: Coverage summarizing recent moves notes the stock dipped more than the market in recent sessions, reflecting investor caution after the failed Warner Bros. Discovery bid and mixed near‑term catalysts. Why Netflix Dipped More Than Broader Market

Netflix Price Performance

Shares of Netflix stock opened at $94.88 on Thursday. The company has a market capitalization of $400.60 billion, a price-to-earnings ratio of 37.55, a PEG ratio of 1.49 and a beta of 1.68. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock’s 50-day simple moving average is $86.47 and its 200-day simple moving average is $103.04. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12.

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

Insider Buying and Selling at Netflix

In related news, CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,157,339. This represents a 27.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Reed Hastings sold 410,550 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $97.01, for a total transaction of $39,827,455.50. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $382,219.40. The trade was a 99.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,520,133 shares of company stock worth $137,259,786. Insiders own 1.37% of the company’s stock.

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.