Insider Selling: Netflix (NASDAQ:NFLX) Insider Sells 5,722 Shares of Stock

Netflix, Inc. (NASDAQ:NFLX) insider David Hyman sold 5,722 shares of Netflix stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Netflix Stock Down 3.4%

NASDAQ NFLX traded down $3.13 on Tuesday, reaching $87.89. The company had a trading volume of 51,663,411 shares, compared to its average volume of 47,283,949. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company’s fifty day moving average is $94.81 and its 200-day moving average is $96.77. The firm has a market capitalization of $370.09 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.18 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the prior year, the company earned $6.61 earnings per share. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts forecast that Netflix, Inc. will post 3.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Netflix

Several hedge funds have recently made changes to their positions in the company. Blackhawk Capital Partners LLC increased its holdings in shares of Netflix by 10.5% in the 1st quarter. Blackhawk Capital Partners LLC now owns 57,034 shares of the Internet television network’s stock valued at $5,484,000 after acquiring an additional 5,413 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in shares of Netflix by 2.6% in the 1st quarter. Illinois Municipal Retirement Fund now owns 312,662 shares of the Internet television network’s stock valued at $30,062,000 after buying an additional 7,800 shares in the last quarter. Nolet Wealth Management LLC boosted its holdings in shares of Netflix by 39.1% in the 1st quarter. Nolet Wealth Management LLC now owns 4,378 shares of the Internet television network’s stock valued at $421,000 after buying an additional 1,230 shares in the last quarter. Harmony Asset Management LLC boosted its holdings in shares of Netflix by 377.2% in the 1st quarter. Harmony Asset Management LLC now owns 23,879 shares of the Internet television network’s stock valued at $2,296,000 after buying an additional 18,875 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Netflix by 10.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 41,075 shares of the Internet television network’s stock valued at $3,949,000 after buying an additional 3,885 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NFLX shares. Huber Research raised shares of Netflix from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th. Loop Capital set a $104.00 price objective on shares of Netflix in a report on Tuesday, January 27th. UBS Group set a $104.00 price target on shares of Netflix in a report on Tuesday, January 27th. Cfra raised shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Friday, March 6th. Finally, China Renaissance lifted their price objective on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $114.82.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Company and sector buyback talk — Netflix is listed among consumer-discretionary names adding buyback capacity, which could provide support to the share price over time. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Positive Sentiment: Partnership news with theaters (mentioned in coverage of AMC) is attracting investor interest and signals distribution/collaboration opportunities that may boost content reach. Why Is AMC Entertainment Stock Surging On Tuesday?
• Neutral Sentiment: Market commentary argues some post-earnings reactions are “unfair” and that longer-term fundamentals remain strong, which tempers short-term pessimism but may not stop volatility. Microsoft and 11 More Stocks That Were Unfairly Punished After Earnings
• Neutral Sentiment: Analysis pieces suggest Netflix may be technically positioned for another leg higher, but the commentary coexists with today’s weakness — signalling mixed near-term momentum. Streaming Stock Looks Positioned for Next Leg Higher
• Neutral Sentiment: Feature write-ups about Netflix’s strategic choices (what it learned from an almost-acquisition) provide useful context on capital allocation and strategy but are unlikely to move the stock immediately. What Did Netflix Learn From the Almost-Acquisition of a Major Rival?
• Negative Sentiment: Large insider selling — co-founder/director Reed Hastings sold 407,550 shares under a 10b5-1 plan (average price ~$93), a high-value transaction that can be read as supply pressure even though it was pre?arranged. Reed Hastings Sells 407,550 Shares of Netflix Stock
• Negative Sentiment: Analyst/technical pressure — coverage notes price targets clustered below earlier highs and a key resistance near $100; that, combined with shorts/positioning, helps explain the intraday drop. Benzinga’s market note cites the $114 target but emphasizes resistance and the current decline. What’s Going On With Netflix Stock Tuesday?

About Netflix

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.