Netflix (NASDAQ:NFLX) Insider David Hyman Sells 5,727 Shares of Stock

Netflix, Inc. (NASDAQ:NFLX – Get Free Report) insider David Hyman sold 5,727 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $64.55, for a total transaction of $369,677.85. Following the completion of the sale, the insider directly owned 166,100 shares in the company, valued at approximately $10,721,755. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Netflix Stock Performance

NASDAQ:NFLX opened at $66.39 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $272.62 billion, a P/E ratio of 19.19, a price-to-earnings-growth ratio of 0.93 and a beta of 1.62. The firm has a 50-day moving average price of $71.68 and a two-hundred day moving average price of $81.20. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.05. The company had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 earnings per share. As a group, research analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Institutional Trading of Netflix

Several hedge funds and other institutional investors have recently bought and sold shares of NFLX. American Capital Advisory LLC boosted its holdings in shares of Netflix by 0.8% during the first quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock valued at $1,345,000 after acquiring an additional 109 shares during the period. Warner Group LLC grew its position in shares of Netflix by 2.2% during the first quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock worth $503,000 after acquiring an additional 114 shares during the last quarter. Financial Avengers Inc. grew its position in shares of Netflix by 9.8% during the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock worth $124,000 after acquiring an additional 115 shares during the last quarter. UNIVEST FINANCIAL Corp increased its holdings in shares of Netflix by 0.5% in the 1st quarter. UNIVEST FINANCIAL Corp now owns 27,315 shares of the Internet television network’s stock worth $2,626,000 after acquiring an additional 128 shares during the period. Finally, Granite Bay Wealth Management LLC increased its holdings in shares of Netflix by 5.8% in the 1st quarter. Granite Bay Wealth Management LLC now owns 2,365 shares of the Internet television network’s stock worth $227,000 after acquiring an additional 130 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Key Netflix News

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Bill Ackman described Netflix as “incredibly cheap” after the shares fell sharply from their 2025 peak. The article also notes that third-quarter churn improved year over year, a potentially encouraging sign for customer retention. Article: Bill Ackman on Netflix valuation
  • Positive Sentiment: One analysis points to record profits, nearly $5 billion in share repurchases, and deals with Disney and the NFL as evidence of Netflix’s broader strategy. Those factors may support the bullish view that the business is stronger than its share price suggests. Article: Netflix Is Playing a Bigger Game
  • Positive Sentiment: Netflix is testing an AI-powered “Discover” tab that lets viewers seek recommendations based on their mood. Better discovery could help keep users engaged, though the feature’s effect on retention or revenue is not yet established. Article: Netflix’s new AI Discover tab
  • Neutral Sentiment: Director David Hyman sold 5,727 shares, but the filing says the sale covered tax withholding tied to vested equity awards. He retained 166,100 shares, making the transaction less indicative of a change in his outlook. SEC filing
  • Negative Sentiment: Bearish considerations include slowing revenue growth, uninspiring guidance, and concerns about falling viewing hours and Netflix’s changing content mix. These issues may help explain why the stock remains far below its 2025 high despite reported business strengths. Article: Netflix Trades at a Discount to the S&P 500’s Valuation

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. HSBC lowered Netflix from a “buy” rating to a “hold” rating and reduced their target price for the company from $96.00 to $76.00 in a research note on Tuesday, September 22nd. Bank of America dropped their price target on Netflix from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Wednesday, October 21st. Daiwa Securities Group dropped their price target on Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Robert W. Baird set a $90.00 price target on Netflix and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Morgan Stanley set a $77.00 price objective on Netflix and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and a consensus price target of $89.14.

Read Our Latest Research Report on Netflix

About Netflix

(Get Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.

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

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