Key Points
- Netflix CEO Theodore Sarandos sold 27,312 shares on May 5 at an average price of $87.97 for about $2.40 million to cover tax withholding on vested equity, reducing his stake by 8.75% to 284,804 shares (≈$25.05M).
- Co‑founder Reed Hastings also executed a large sale—407,550 shares under a 10b5‑1 plan (avg ≈$93)—a prearranged transaction that could add near‑term supply pressure on the stock.
- Netflix recently beat Q1 estimates (EPS $1.23 vs. $0.76 est.; revenue $12.25B vs. $12.17B, revenue +16.2% y/y), set Q2 guidance of $0.78 EPS, and carries a MarketBeat consensus of a “Moderate Buy” with an average target of about $114.82.
Netflix, Inc. (NASDAQ:NFLX - Get Free Report) insider David Hyman sold 5,722 shares of the business's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Netflix Stock Performance
Shares of NFLX opened at $87.89 on Wednesday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The stock's 50-day simple moving average is $94.99 and its 200 day simple moving average is $96.53. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market capitalization of $370.09 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.17 and a beta of 1.55.
Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the firm earned $6.61 EPS. The company's quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts forecast that Netflix, Inc. will post 3.56 EPS for the current fiscal year.
Analyst Ratings Changes
NFLX has been the topic of several recent analyst reports. UBS Group set a $104.00 target price on shares of Netflix in a research note on Tuesday, January 27th. Weiss Ratings raised shares of Netflix from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. Bank of America lowered their price objective on Netflix from $149.00 to $125.00 and set a "buy" rating on the stock in a research report on Friday, March 6th. Piper Sandler reissued an "overweight" rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Finally, Citigroup started coverage on Netflix in a research report on Thursday, April 16th. They set a "market perform" rating for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have given 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 target price of $114.82.
Read Our Latest Report on NFLX
Trending Headlines about Netflix
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?
Institutional Trading of Netflix
A number of hedge funds have recently made changes to their positions in NFLX. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter worth about $25,000. Bare Financial Services Inc increased its position in shares of Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network's stock valued at $35,000 after purchasing an additional 14 shares during the last quarter. Horizon Financial Services LLC raised its holdings in shares of Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network's stock valued at $35,000 after buying an additional 24 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Netflix during the 3rd quarter valued at about $36,000. Finally, Marquette Asset Management LLC bought a new stake in Netflix in the 3rd quarter worth approximately $44,000. 80.93% of the stock is owned by institutional investors.
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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