Key Points
- Netflix CFO Spencer Adam Neumann sold 28,630 shares on April 2 at an average price of $98 for proceeds of $2.8057M, leaving him with 73,787 shares—a 27.95% reduction in his stake.
- The April sale is part of multiple recent insider dispositions (Neumann sold additional lots in Feb–Mar and board chair Reed Hastings sold ~420,550 shares under a 10b5‑1 plan), representing tens of millions in insider sales that may concern investors.
- NFLX is trading near $98 with a market cap of ~$416.6B; analysts give an average rating of Moderate Buy and a $114.57 target, while positives like price hikes boosting ARPU are balanced by risks including an Italian court ordering refunds and takeover speculation.
Netflix, Inc. (NASDAQ:NFLX - Get Free Report) CFO Spencer Adam Neumann sold 28,630 shares of the company's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the transaction, the chief financial officer owned 73,787 shares of the company's stock, valued at approximately $7,231,126. This represents a 27.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Spencer Adam Neumann also recently made the following trade(s):
- On Monday, March 2nd, Spencer Adam Neumann sold 28,630 shares of Netflix stock. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00.
- On Friday, February 27th, Spencer Adam Neumann sold 57,260 shares of Netflix stock. The shares were 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 shares were sold at an average price of $81.27, for a total value of $751,584.96.
Netflix Stock Performance
Shares of NFLX stock opened at $98.66 on Friday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. 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's 50-day moving average price is $88.28 and its 200-day moving average price is $99.86. The stock has a market capitalization of $416.56 billion, a price-to-earnings ratio of 39.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.67.
Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the business earned $0.43 earnings per share. The firm's revenue for the quarter was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.
Institutional Trading of Netflix
Institutional investors and hedge funds have recently made changes to their positions in the business. Old North State Trust LLC boosted its stake in shares of Netflix by 1,157.3% during the fourth quarter. Old North State Trust LLC now owns 14,082 shares of the Internet television network's stock valued at $1,320,000 after purchasing an additional 12,962 shares during the period. J. Derek Lewis & Associates Inc. purchased a new position in shares of Netflix during the fourth quarter worth approximately $826,000. Purpose Unlimited Inc. bought a new stake in shares of Netflix during the fourth quarter valued at approximately $6,230,000. Painted Porch Advisors LLC raised its stake in shares of Netflix by 902.1% during the fourth quarter. Painted Porch Advisors LLC now owns 4,810 shares of the Internet television network's stock valued at $451,000 after acquiring an additional 4,330 shares in the last quarter. Finally, Stance Capital LLC boosted its holdings in shares of Netflix by 1,213.7% in the fourth quarter. Stance Capital LLC now owns 14,858 shares of the Internet television network's stock valued at $1,393,000 after purchasing an additional 13,727 shares during the period. 80.93% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on NFLX shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $98.00 target price (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Oppenheimer boosted their target price on shares of Netflix from $125.00 to $135.00 and gave the stock an "outperform" rating in a report on Friday, March 27th. Phillip Securities upgraded Netflix from a "sell" rating to a "moderate buy" rating and lifted their price target for the stock from $95.00 to $100.00 in a research report on Monday, January 26th. Pivotal Research reduced their price objective on Netflix from $105.00 to $95.00 and set a "hold" rating on the stock in a research note on Wednesday, January 21st. Finally, Evercore began coverage on Netflix in a research report on Friday, February 27th. They set an "outperform" rating and a $115.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, Netflix has an average rating of "Moderate Buy" and an average target price of $114.57.
Read Our Latest Research Report on Netflix
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Netflix Company Profile
(
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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