Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 46% bullish and 53% bearish. The whales have been targeting a price range from $300.0 to $665.0 for Netflix over the last 3 months. Analysts' ratings on Netflix vary, with Truist Securities and Evercore ISI Group maintaining their ratings, while Benchmark downgraded its action to Sell.

September 26, 2023 | 4:45 pm
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Netflix has seen significant options activity indicating a bearish stance by a large investor. The sentiment among these traders is split, with a slight lean towards bearish. Analysts' ratings on Netflix are mixed.
The bearish stance taken by a large investor, as indicated by the unusual options activity, could potentially drive the stock price down in the short term. The mixed sentiment among big-money traders and varying analyst ratings add to the uncertainty around the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100