---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000860234.md"
description: "$Netflix(NFLX.US) Netflix shares sit 7% above their 20-day moving average of $73.72 and 5.6% above their 50-day average of $74.66, a sign the stock’s near-term trend has improved since its low in July. On the other hand, Netflix remains 5.5% below its 100-day moving average of $83.39 and 11.3% below its 200-day average of $88.88. Netflix will need to push back above key longer-term averages before the rebound can be considered a genuine trend change rather than a bounce within a larger downtrend. Despite that longer-term overhang, Netflix shares have climbed close to 15% over the past month, adding to the case that buyers have started stepping back in since the summer low and suggesting the bottom could be in. A move above the longer-term moving averages would help the case for bulls. Billionaire investor Bill Ackman disclosed last week that Pershing Square Capital Management has built a fresh 3.15 million-share stake in Netflix, now equal to 4.9% of the firm’s portfolio. It’s a notable about-face for Ackman, whose firm poured more than $1 billion into Netflix back in 2022 only to walk away with a loss north of $400 million after subscriber growth stalled out for the first time in years. I personally started buying after their stock split before the continued downwards pressure, and hence is still under water. However, I believe that long term Netflix will still remain one of the key leaders in the industry and patience is crucial. @Captain's Treasure"
datetime: "2026-08-19T02:34:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000860234.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000860234.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000860234.md)
author: "[NewUser_CkrdqW ](https://longbridge.com/en/profiles/16451694.md)"
generator: "portal-rs"
---

# $Netflix(NFLX.US) Netflix shares sit 7% above thei…


### Related Stocks

- [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md)
- [PS.US](https://longbridge.com/en/quote/PS.US.md)

## Comments (2)

- **imJanice · 2026-08-19T03:22:22.000Z**: the 13f is a june 30 snapshot, so ackman was already in during q2 and could have moved since. i wouldnt read it as a fresh buy signal at 77.
  - **NewUser_CkrdqW ** (2026-08-19T03:24:09.000Z): Yes definitely! It would be great to buy around the 65-70 range post earnings, but either way for my position, any current buys would average down the cost


---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**