Netflix (NASDAQ:NFLX) CFO Sells 9,253 Shares of Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Neumann sold 9,253 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $66.15, for a total value of $612,085.95. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $4,881,010.05. This trade represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Monday, August 10th, Spencer Neumann sold 9,248 shares of Netflix stock. The stock was sold at an average price of $75.79, for a total value of $700,905.92.

Netflix Trading Down 1.3%

Shares of NFLX stock traded down $0.83 on Thursday, hitting $65.56. 49,884,912 shares of the stock traded hands, compared to its average volume of 46,047,688. The firm’s 50-day moving average price is $71.36 and its two-hundred day moving average price is $81.09. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $269.21 billion, a PE ratio of 22.66, a PEG ratio of 0.97 and a beta of 1.62. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The firm had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. During the same period last year, the business earned $0.59 earnings per share. Netflix’s revenue was up 11.9% compared to the same quarter last year. As a group, analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Institutional Investors Weigh In On Netflix

A number of institutional investors have recently made changes to their positions in NFLX. Nykredit A S purchased a new position in shares of Netflix during the second quarter worth $105,697,000. Rockland Trust Co. lifted its stake in Netflix by 27.5% during the 3rd quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network’s stock worth $15,253,000 after acquiring an additional 47,339 shares in the last quarter. Boomfish Wealth Group LLC lifted its stake in Netflix by 91.5% during the 3rd quarter. Boomfish Wealth Group LLC now owns 34,547 shares of the Internet television network’s stock worth $2,404,000 after acquiring an additional 16,510 shares in the last quarter. Welch & Forbes LLC lifted its stake in Netflix by 3,464.5% during the 1st quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network’s stock worth $11,389,000 after acquiring an additional 115,125 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Netflix during the 2nd quarter valued at about $37,743,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NFLX has been the subject of several analyst reports. Citigroup reissued a “buy” rating and issued a $85.00 price target (down from $100.00) on shares of Netflix in a research note on Wednesday, October 21st. Itau BBA Securities reduced their price target on shares of Netflix from $151.40 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. CLSA assumed coverage on Netflix in a report on Monday, July 20th. They issued an “outperform” rating on the stock. Citizens Jmp reiterated a “market perform” rating on shares of Netflix in a research report on Wednesday, October 21st. Finally, New Street Research raised their target price on Netflix from $96.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.14.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its steep retreat from its 2025 high. The article also notes that year-over-year subscriber churn improved in the third quarter, a positive sign for retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: Barry Diller argued that competitors cannot match Netflix simply by pursuing greater scale. That view reinforces the potential strength of Netflix’s existing position in streaming. Article: Barry Diller’s advice for Hollywood
• Neutral Sentiment: An insider sold 5,727 shares to cover tax withholding related to vested equity awards and retained 166,100 shares. The stated reason makes the sale less meaningful as a signal about the company’s outlook. SEC filing
• Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a one-time $2.8 billion termination fee boosted first-quarter earnings. The distinction between underlying performance and one-off gains may make investors more cautious about growth and earnings quality. Article: Netflix growth and earnings context
• Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, totaling $13.1 million in net sales. This suggests some near-term institutional selling pressure, though the amount alone does not establish a broader shift in sentiment. Article: ETFs are net sellers of Netflix

About Netflix

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.