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

Netflix, Inc. (NASDAQ:NFLX - Get Free Report) CFO Spencer Adam Neumann sold 28,630 shares of the business's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,157,339. The trade was a 27.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 transaction of $5,468,330.00.
  • On Friday, February 6th, Spencer Adam Neumann sold 9,248 shares of Netflix stock. The stock was sold at an average price of $81.27, for a total transaction of $751,584.96.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $97.70 on Wednesday. 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 fifty day simple moving average of $85.99 and a two-hundred day simple moving average of $104.07. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The firm has a market cap of $412.51 billion, a price-to-earnings ratio of 38.66, a price-to-earnings-growth ratio of 1.72 and a beta of 1.68.




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

Key Netflix News

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Management walked away from the Warner Bros. Discovery bid, signaling balance-sheet discipline and a renewed focus on organic growth — a key driver of the rally. Read More.
  • Positive Sentiment: Netflix said it will redeploy capital into content and buybacks (a reported $20B content push), which investors interpret as shareholder-friendly and growth-focused. Read More.
  • Positive Sentiment: Wall Street is upgrading coverage and raising targets — JPMorgan initiated/overweight with a $120 target and President Capital raised its target to $133 — providing near-term upside signals. Read More.
  • Neutral Sentiment: Management frames the exit as preplanned (financial discipline, not political), which clarifies intent but shifts scrutiny to execution of content and monetization plans. Read More.
  • Neutral Sentiment: Market action has been volatile — a sharp rebound from lows followed by profit-taking; higher-than-average volume shows conviction but also short-term repositioning by investors. Read More.
  • Negative Sentiment: Large insider sales: Director Reed Hastings sold ~410,550 shares and CFO Spencer Neumann sold tens of thousands of shares recently — a potential investor concern about insider sentiment or diversification. Read More. / Read More.
  • Negative Sentiment: Paramount’s acquisition of Warner and planned combination of HBO Max/Paramount+ creates a scaled competitor; FCC comments that that deal is “cleaner” could speed approvals and increase competitive pressure on content and pricing. Read More. / Read More.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. First Financial Corp IN increased its stake in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network's stock worth $25,000 after acquiring an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. increased its position in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. increased its position in shares of Netflix by 13,400.0% in 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 during the last quarter. Imprint Wealth LLC purchased a new stake in Netflix in the third quarter valued at approximately $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in Netflix during the fourth quarter valued at approximately $26,000. Institutional investors own 80.93% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Evercore began coverage on shares of Netflix in a research note on Friday, February 27th. They issued an "outperform" rating and a $115.00 target price for the company. Sanford C. Bernstein reiterated a "buy" rating on shares of Netflix in a research note on Wednesday, February 18th. Needham & Company LLC lowered their target price on shares of Netflix from $150.00 to $120.00 and set a "buy" rating on the stock in a report on Wednesday, January 21st. President Capital raised their price target on Netflix from $120.00 to $133.00 and gave the stock a "buy" rating in a report on Monday. Finally, Piper Sandler reiterated a "positive" rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $116.01.

Get Our Latest Stock Analysis 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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