Spencer Adam Neumann Sells 28,630 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 28,630 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total value of $2,777,110.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at $7,157,339. This represents a 27.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Spencer Adam Neumann also recently made the following trade(s):

• On Friday, February 27th, Spencer Adam Neumann sold 57,260 shares of Netflix stock. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00.
• On Friday, February 6th, Spencer Adam Neumann sold 9,248 shares of Netflix stock. The shares were sold at an average price of $81.27, for a total value of $751,584.96.

Netflix Stock Performance

NASDAQ NFLX opened at $98.66 on Thursday. The stock has a fifty day simple moving average of $86.10 and a 200-day simple moving average of $103.90. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock has a market cap of $416.56 billion, a PE ratio of 39.04, a P/E/G ratio of 1.39 and a beta of 1.68. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLX) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. Netflix’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Management formally exited the WBD bidding war, which investors interpret as a vote for financial discipline and lower M&A risk — a primary catalyst for the rally. Read More.
• Positive Sentiment: Netflix said it will redeploy capital into content and buybacks (reports mention a large content investment program), signaling shareholder-friendly use of cash and a growth focus. Read More.
• Positive Sentiment: Wall Street interest has picked up: new/raised coverage and higher targets (JPMorgan, President Capital and others) are supporting near?term upside and giving investors confidence. Read More.
• Neutral Sentiment: Options-market activity and high trading volume show elevated positioning and speculation around the news-driven move — useful for short-term traders but ambiguous for fundamentals. Read More.
• Neutral Sentiment: A White House disclosure shows President Trump purchased Netflix bonds during the WBD episode — notable headline risk/interest but unlikely to change fundamentals. Read More.
• Negative Sentiment: Large insider selling: Director Reed Hastings and CFO Spencer Neumann disclosed significant share sales in late Feb/early Mar — creates perception risk about insider conviction (or tax/diversification motives). Read More.
• Negative Sentiment: Paramount’s bid to combine Warner assets with Paramount+ (and FCC comments that that deal is “cleaner”) could speed approvals and produce a larger competitor, increasing long?term content and pricing pressure. Read More.

Analysts Set New Price Targets

NFLX has been the topic of a number of research analyst reports. President Capital boosted their target price on Netflix from $120.00 to $133.00 and gave the company a “buy” rating in a research report on Monday. Cfra lowered Netflix from a “strong-buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a research note on Monday, January 5th. Susquehanna upgraded Netflix to a “positive” rating and set a $112.00 target price for the company in a report on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating on shares of Netflix in a research note on Friday, February 27th. Finally, Oppenheimer set a $125.00 price target on shares of Netflix and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $116.01.

Institutional Investors Weigh In On Netflix

A number of large investors have recently modified their holdings of NFLX. First Financial Corp IN increased its holdings in shares of Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. increased its stake in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in 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 worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC purchased a new stake in shares of Netflix during the 3rd quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Netflix in the 4th quarter valued at $26,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Company Profile

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.