Key Points
- Netflix insider David Hyman sold 5,727 shares for $369,677.85, with the filing indicating the sale covered tax withholding on vested equity awards. He retained 166,100 shares after the transaction.
- Netflix reported quarterly EPS of $0.87, topping the $0.82 consensus, while revenue of $12.87 billion matched estimates and increased 11.9% year over year.
- Analysts’ consensus rating was Moderate Buy, with an average price target of $89.14; ratings included 35 Buys, 17 Holds, and two Sells.
Netflix, Inc. (NASDAQ:NFLX - Get Free Report) insider David Hyman sold 5,727 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $64.55, for a total value of $369,677.85. Following the completion of the transaction, the insider directly owned 166,100 shares of the company's stock, valued at $10,721,755. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Netflix Stock Up 4.7%
Shares of Netflix stock opened at $66.39 on Thursday. The business's fifty day moving average price is $71.68 and its two-hundred day moving average price is $81.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $272.62 billion, a P/E ratio of 19.19, a PEG ratio of 0.93 and a beta of 1.62. Netflix, Inc. has a 1-year low of $61.39 and a 1-year high of $116.73.
Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The company had revenue of $12.87 billion during the quarter, compared to analyst estimates of $12.87 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm's quarterly revenue was up 11.9% on a year-over-year basis. As a group, research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. Rothschild & Co Redburn reduced their price objective on shares of Netflix from $120.00 to $93.00 and set a "buy" rating for the company in a report on Tuesday, July 21st. The Goldman Sachs Group set a $84.00 target price on shares of Netflix in a research note on Wednesday, October 21st. Stephens began coverage on shares of Netflix in a research report on Friday, July 17th. They set an "overweight" rating on the stock. Itau BBA Securities dropped 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. Finally, HSBC lowered shares of Netflix from a "buy" rating to a "hold" rating and reduced their price target for the stock from $96.00 to $76.00 in a research note on Tuesday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Netflix presently has an average rating of "Moderate Buy" and a consensus price target of $89.14.
Read Our Latest Research Report on NFLX
Institutional Trading of Netflix
Several institutional investors have recently modified their holdings of NFLX. Keybank National Association OH lifted its stake in Netflix by 21.0% during the third quarter. Keybank National Association OH now owns 83,289 shares of the Internet television network's stock valued at $5,795,000 after purchasing an additional 14,430 shares during the last quarter. Csenge Advisory Group grew its position in Netflix by 9.8% in the third quarter. Csenge Advisory Group now owns 12,938 shares of the Internet television network's stock worth $900,000 after buying an additional 1,158 shares during the last quarter. Gables Capital Management Inc. grew its position in Netflix by 1.4% in the third quarter. Gables Capital Management Inc. now owns 27,820 shares of the Internet television network's stock worth $1,936,000 after buying an additional 380 shares during the last quarter. Marathon Wealth Advisors LLC grew its position in Netflix by 5.8% in the third quarter. Marathon Wealth Advisors LLC now owns 46,855 shares of the Internet television network's stock worth $3,260,000 after buying an additional 2,586 shares during the last quarter. Finally, Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Netflix by 23.3% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 56,389 shares of the Internet television network's stock valued at $3,924,000 after buying an additional 10,651 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.
Netflix News Roundup
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Bill Ackman described Netflix as “incredibly cheap” after the shares fell sharply from their 2025 peak. The article also notes that third-quarter churn improved year over year, a potentially encouraging sign for customer retention. Article: Bill Ackman on Netflix valuation
- Positive Sentiment: One analysis points to record profits, nearly $5 billion in share repurchases, and deals with Disney and the NFL as evidence of Netflix’s broader strategy. Those factors may support the bullish view that the business is stronger than its share price suggests. Article: Netflix Is Playing a Bigger Game
- Positive Sentiment: Netflix is testing an AI-powered “Discover” tab that lets viewers seek recommendations based on their mood. Better discovery could help keep users engaged, though the feature’s effect on retention or revenue is not yet established. Article: Netflix's new AI Discover tab
- Neutral Sentiment: Director David Hyman sold 5,727 shares, but the filing says the sale covered tax withholding tied to vested equity awards. He retained 166,100 shares, making the transaction less indicative of a change in his outlook. SEC filing
- Negative Sentiment: Bearish considerations include slowing revenue growth, uninspiring guidance, and concerns about falling viewing hours and Netflix’s changing content mix. These issues may help explain why the stock remains far below its 2025 high despite reported business strengths. Article: Netflix Trades at a Discount to the S&P 500's Valuation
About Netflix
(
Get Free Report)
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.
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