Waverly Advisors LLC Has $12.15 Million Stock Position in Netflix, Inc. $NFLX

Posted by Stanley Muller on Sep 10th, 2026

Waverly Advisors LLC reduced its holdings in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 33.9% in the 2nd quarter, Holdings Channel reports. The fund owned 170,176 shares of the Internet television network’s stock after selling 87,373 shares during the period. Waverly Advisors LLC’s holdings in Netflix were worth $12,151,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Imprint Wealth LLC acquired a new position in shares of Netflix in the 3rd quarter valued at about $25,000. Wealth Watch Advisors INC acquired a new stake in shares of Netflix during the third quarter worth approximately $103,000. Strategic Wealth Investment Group LLC purchased a new position in Netflix during the second quarter valued at approximately $121,000. Wiser Advisor Group LLC acquired a new position in Netflix in the 3rd quarter valued at approximately $114,000. Finally, Beaird Harris Wealth Management LLC increased its stake in Netflix by 9.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after buying an additional 10 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Price Performance

Shares of Netflix stock opened at $76.03 on Thursday. Netflix, Inc. has a fifty-two week low of $65.08 and a fifty-two week high of $126.70. The company has a market cap of $316.58 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 1.08 and a beta of 1.53. The firm has a fifty day moving average price of $75.75 and a two-hundred day moving average price of $84.44. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $0.72 EPS. Analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NFLX shares. Barclays decreased their target price on shares of Netflix from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Friday, July 17th. President Capital dropped their price target on shares of Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. DZ Bank reiterated a “buy” rating on shares of Netflix in a report on Monday, July 20th. Rosenblatt Securities set a $75.00 price objective on Netflix and gave the company a “neutral” rating in a research report on Friday, July 17th. Finally, Bank of America lowered their target price on Netflix from $125.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $96.65.

Read Our Latest Stock Analysis on Netflix

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Investor Bill Ackman’s Pershing Square reportedly exited its remaining Alphabet position and established a sizable Netflix stake. The move provides a prominent vote of confidence in Netflix’s growth prospects and advertising strategy. Bill Ackman’s Netflix investment
Positive Sentiment: Analysts and commentators argue that the pullback creates an attractive entry point, citing Netflix’s profitability, free-cash-flow potential and long-term competitive position. Netflix buying opportunity
Positive Sentiment: One forecast sees Netflix’s advertising business exceeding $6 billion in revenue in 2027, suggesting substantial monetization upside if ad-supported viewing and pricing continue to scale. Netflix advertising forecast
Positive Sentiment: The global success of South African film “The Polygamist” is supporting Netflix’s pipeline of local-language content and could strengthen international engagement. The Polygamist success

Insider Transactions at Netflix

In other news, insider David Hyman sold 5,723 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Peters sold 27,312 shares of the company’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. This represents a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 214,315 shares of company stock valued at $15,867,944. 1.24% of the stock is owned by insiders.

About Netflix

(Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.