Key Points
- Netflix CEO Theodore Sarandos sold 27,312 shares for about $1.81 million; the filing said the sale covered tax withholding on vested equity awards. He retained 178,954 shares.
- Netflix reported quarterly earnings of $0.87 per share, topping the $0.82 consensus estimate, while revenue of $12.87 billion matched expectations and rose 11.9% year over year.
- The stock was down 1.3%, and analysts’ consensus rating was “Moderate Buy,” with an average price target of $89.14.
Netflix, Inc. (NASDAQ:NFLX - Get Free Report) CFO Spencer Neumann sold 9,253 shares of the firm's stock in a transaction dated 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 in the company, valued at $4,881,010.05. The trade was a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 shares were sold at an average price of $75.79, for a total value of $700,905.92.
Netflix Trading Down 1.3%
NFLX opened at $65.56 on Friday. The business has a 50 day simple moving average of $71.36 and a two-hundred day simple moving average of $81.09. The firm has a market capitalization of $269.21 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 0.97 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. Netflix, Inc. has a one year low of $61.39 and a one year high of $116.73.
Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.05. The firm had revenue of $12.87 billion for the quarter, compared to analysts' expectations of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business's revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.59 earnings per share. Analysts predict that Netflix, Inc. will post 3.59 EPS for the current year.
Institutional Investors Weigh In On Netflix
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nykredit A S purchased a new stake in Netflix in the second quarter worth about $105,697,000. Rockland Trust Co. increased its stake in shares of Netflix by 27.5% during the third quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network's stock valued at $15,253,000 after purchasing an additional 47,339 shares in the last quarter. Boomfish Wealth Group LLC increased its stake in shares of Netflix by 91.5% during the third quarter. Boomfish Wealth Group LLC now owns 34,547 shares of the Internet television network's stock valued at $2,404,000 after purchasing an additional 16,510 shares in the last quarter. Welch & Forbes LLC increased its stake in shares of Netflix by 3,464.5% during the first quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network's stock valued at $11,389,000 after purchasing an additional 115,125 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Netflix during the second quarter valued at approximately $37,743,000. 80.93% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Robert W. Baird set a $90.00 price objective on shares of Netflix and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Itau BBA Securities dropped their target price on shares of Netflix from $151.40 to $96.00 and set an "outperform" rating for the company in a research report on Wednesday, August 5th. Citizens Jmp reiterated a "market perform" rating on shares of Netflix in a research report on Wednesday, October 21st. Morgan Stanley set a $77.00 price target on shares of Netflix and gave the company an "overweight" rating in a research report on Wednesday, October 21st. Finally, Phillip Securities downgraded shares of Netflix from a "strong-buy" rating to a "moderate buy" rating in a research note on Friday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $89.14.
View Our Latest Stock Analysis on NFLX
Key Headlines Impacting Netflix
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
Netflix Company Profile
(
Get Free Report)
Netflix, Inc is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand.
Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.
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