Spencer Adam Neumann Sells 9,248 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLXGet Free Report) CFO Spencer Adam Neumann sold 9,248 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $5,592,316.73. This trade represents a 11.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Netflix Price Performance

Shares of NASDAQ NFLX traded up $2.15 during mid-day trading on Monday, reaching $76.29. 26,807,774 shares of the company were exchanged, compared to its average volume of 45,347,742. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $126.71. The company’s 50 day moving average price is $75.32 and its 200 day moving average price is $84.86. The stock has a market capitalization of $317.67 billion, a PE ratio of 24.01, a PEG ratio of 0.93 and a beta of 1.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 earnings per share. Sell-side analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Netflix said advertising commitments from major agency partners nearly doubled during its 2026 U.S. Upfront negotiations. The announcement supports the view that the company’s ad-supported strategy is gaining traction and could create a larger revenue stream over time, although Netflix did not disclose specific pricing or dollar volumes. Netflix Wraps Upfront, Volume Nearly Doubled
  • Positive Sentiment: Coverage characterized the advertising business as beginning to scale, while the nearly doubled commitments helped push the shares near a five-week high. Investors may view stronger ad demand as a potential catalyst for upside surprises in coming quarters. Netflix’s Ad Business Is Starting to Scale
  • Positive Sentiment: Some analysts and market commentators continue to see roughly 40% upside after the stock’s decline from its peak, citing Netflix’s cash generation, durable streaming position and early-stage advertising opportunity. Netflix was also selected as a CNBC “Final Trade,” adding favorable investor visibility. Down but Not Out: Analysts See 40% Upside in Netflix After the Slide
  • Neutral Sentiment: A bullish commentary argues that investor expectations already reflect a slowdown and that two unspecified catalysts could produce positive earnings surprises. This is an opinion rather than a new company announcement. Netflix Is Down 42% From Its High
  • Neutral Sentiment: Netflix’s valuation has fallen to its lowest level in about three years, prompting speculation that value-focused investors, potentially including Warren Buffett, could find the stock more attractive. This remains purely speculative. Warren Buffett Might Buy This Megacap Stock Next
  • Negative Sentiment: Some coverage questions whether Netflix’s long-term dominance is under threat, while comparisons with Disney highlight that Netflix still trades at a premium despite competitive pressures and a broader streaming slowdown. Is Netflix’s Long-Term Dominance Under Threat?

Institutional Trading of Netflix

A number of institutional investors have recently modified their holdings of NFLX. Turning Point Benefit Group Inc. increased its stake in shares of Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 268 shares during the period. Imprint Wealth LLC bought a new stake in Netflix in the third quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in Netflix in the fourth quarter valued at $26,000. Atlas Capital Advisors Inc. purchased a new position in Netflix during the 4th quarter valued at $26,000. Finally, Jessup Wealth Management Inc purchased a new position in Netflix during the 4th quarter valued at $27,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on NFLX. Wells Fargo & Company set a $80.00 price objective on Netflix and gave the company an “equal weight” rating in a research report on Friday, July 17th. Raymond James Financial restated a “market perform” rating on shares of Netflix in a research report on Thursday, May 14th. Jefferies Financial Group cut their target price on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, June 10th. Erste Group Bank cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, KGI Securities downgraded shares of Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 price target on the stock. in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $103.48.

Read Our Latest Stock Report on NFLX

About Netflix

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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