Triglav Investments D.O.O. Reduces Stock Holdings in Netflix, Inc. $NFLX

Triglav Investments D.O.O. cut its holdings in Netflix, Inc. (NASDAQ:NFLX) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,871 shares of the Internet television network’s stock after selling 6,382 shares during the period. Netflix comprises about 2.3% of Triglav Investments D.O.O.’s holdings, making the stock its 11th largest position. Triglav Investments D.O.O.’s holdings in Netflix were worth $35,809,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC purchased a new position in shares of Netflix during the 3rd quarter worth approximately $28,000. Legacy Investment Solutions LLC acquired a new stake in Netflix during the 2nd quarter valued at $31,000. Steph & Co. increased its position in Netflix by 188.9% during the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after buying an additional 17 shares in the last quarter. Stephens Consulting LLC increased its position in Netflix by 150.0% during the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after buying an additional 15 shares in the last quarter. Finally, Rossby Financial LCC acquired a new position in shares of Netflix in the second quarter worth $35,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Ad-revenue strength — Reports say Netflix’s ad business has surged (cited near $1.5B), supporting revenue diversification and margin expansion that underpin the company’s growth story. Netflix’s Ad Revenue Surges to $1.5 Billion
• Positive Sentiment: Analyst support — Recent upgrades (e.g., Freedom Capital Markets) and some buy ratings can attract buyers on pullbacks and provide technical support. Freedom Capital Markets Upgrades Netflix
• Neutral Sentiment: Political risk reduced — President Trump said he will stay out of the Netflix–Paramount/Skydance fight over Warner Bros, removing one layer of headline political interference (but not regulatory antitrust risk). Trump says he will stay out of Netflix-Paramount fight
• Neutral Sentiment: Deal process update — Reports suggest procedural steps (possible WBD shareholder vote in March) keep the acquisition timeline active but do not resolve regulatory hurdles. Warner Bros. Discovery vote on Netflix deal likely to be held in March
• Neutral Sentiment: Options positioning — “Max pain” analysis points to ~\$88 by Feb. 20, meaning short-term option flows could amplify intraday moves but this is not a fundamental change. Netflix Max Pain Points to a Price of $88
• Negative Sentiment: Intensifying regulatory/antitrust scrutiny — Co‑CEO Ted Sarandos faced tough questioning in a U.S. Senate hearing about the ~$82.7B Warner Bros. deal; lawmakers across parties flagged competition, pricing and labor concerns, increasing the risk of delays, conditions or a block. Netflix co‑CEO faces grilling by US Senate panel
• Negative Sentiment: Large insider selling — Director Reed Hastings sold ~390,970 shares (~$32.7M), cutting his stake dramatically; big insider exits can spook investors even if explained as diversification. Reed Hastings Insider Sale
• Negative Sentiment: Industry friction & reputational risk — German voice actors launched a boycott over AI-training clauses, and coverage emphasizes talent, pricing and consumer concerns tied to the merger. German voice actors boycott Netflix
• Negative Sentiment: Analyst targets trimmed — Some price-target cuts and downgrades have appeared amid share weakness, signaling reduced near-term upside from parts of the sell-side. Netflix price target decreased

Insider Transactions at Netflix

In other news, insider David A. Hyman sold 23,439 shares of Netflix stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.11, for a total value of $2,065,210.29. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $27,851,571. The trade was a 6.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Bradford L. Smith sold 31,790 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the sale, the director owned 79,690 shares of the company’s stock, 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. In the last 90 days, insiders have sold 1,353,740 shares of company stock valued at $126,150,583. 1.37% of the stock is owned by company insiders.

Netflix Stock Performance

NASDAQ:NFLX opened at $80.16 on Thursday. The company has a market cap of $338.45 billion, a P/E ratio of 31.72, a P/E/G ratio of 1.42 and a beta of 1.71. The firm’s 50 day moving average is $92.27 and its two-hundred day moving average is $108.90. Netflix, Inc. has a fifty-two week low of $79.22 and a fifty-two week 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) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Wall Street Analyst Weigh In

NFLX has been the subject of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Netflix in a research report on Wednesday, January 21st. Cfra cut shares of Netflix from a “strong-buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research note on Monday, January 5th. Barclays reissued a “neutral” rating and issued a $110.00 price objective on shares of Netflix in a research report on Friday, December 5th. Wells Fargo & Company decreased their target price on shares of Netflix from $156.00 to $151.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Finally, Argus lowered their target price on shares of Netflix from $141.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $116.17.

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.