Netflix (NASDAQ:NFLX) CFO Sells $751,584.96 in Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 9,248 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $81.27, for a total value of $751,584.96. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at $5,996,669.49. This represents a 11.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $79.68 on Thursday. The company has a 50-day simple moving average of $89.68 and a 200-day simple moving average of $107.56. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $336.42 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 1.46 and a beta of 1.71. Netflix, Inc. has a one year low of $79.22 and a one year high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data 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 net margin of 24.30% and a return on equity of 43.26%. The company had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same period in the previous year, the company posted $0.43 EPS. Netflix’s revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Hedge Funds Weigh In On Netflix

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares during the period. Revolve Wealth Partners LLC grew its stake in Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after purchasing an additional 144 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Netflix by 21.2% during the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after buying an additional 246 shares during the last quarter. Strategic Investment Advisors MI raised its holdings in shares of Netflix by 18.9% in the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after purchasing an additional 123 shares during the period. Finally, Hemington Wealth Management raised its stake in Netflix by 3.5% in the second quarter. Hemington Wealth Management now owns 614 shares of the Internet television network’s stock valued at $822,000 after buying an additional 21 shares during the period. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

NFLX has been the topic of several research reports. Wolfe Research set a $95.00 price objective on Netflix and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Pivotal Research cut their target price on Netflix from $105.00 to $95.00 and set a “hold” rating on the stock in a research note on Wednesday, January 21st. TD Cowen decreased their target price on Netflix from $115.00 to $112.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Robert W. Baird cut their price target on shares of Netflix from $150.00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Finally, Phillip Securities raised Netflix from a “sell” rating to a “moderate buy” rating and raised their target price for the stock from $95.00 to $100.00 in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $116.08.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Fundamental and buy-the-dip narratives remain — several pieces argue Netflix still has long-term growth and margin advantages (earnings beat in January, strong revenue growth), creating a base for rebound if deal risk eases. 3 Reasons to Buy Netflix Stock Now
• Positive Sentiment: Institutional positioning and options activity suggest some investors are treating the sell-off as an event-driven opportunity — heavy institutional buying and option flows can amplify recoveries if regulatory noise clears. 2 Subscription Economy Winners That Still Dominate Their Niches
• Neutral Sentiment: Management seeks to calm markets — Netflix executives have publicly downplayed the DOJ antitrust probe as “ordinary course of business,” which could limit panic but doesn’t remove regulatory risk. Monitor official DOJ developments for clarity. Netflix exec calls DOJ probe into $82.7B Warner Bros deal ‘ordinary course of business’
• Neutral Sentiment: Industry/legal noise persists — broader entertainment headlines (labor/AI, legal testimony referencing Netflix-style engagement) keep volatility elevated but are not Netflix-specific catalysts today. Instagram chief likens social media addiction to being hooked on a Netflix show in trial testimony
• Negative Sentiment: Competing bid from Paramount materially raises deal risk — Paramount Skydance sweetened its offer with ticking fees and a pledge to cover Netflix’s $2.8B breakup payment, making a switch away from Netflix more plausible and pressuring NFLX shares. Paramount sweetens Warner Bros bid with offer to pay Netflix break-up cost, other fees
• Negative Sentiment: Activist investor pressure increases uncertainty — Ancora has built a substantial WBD stake and is publicly pushing Warner Bros. Discovery to engage with Paramount, raising the odds of a contested outcome and more volatility for Netflix while the takeover remains unresolved. Ancora Capital builds stake in Warner Bros, plans to oppose Netflix deal
• Negative Sentiment: Insider selling (CEO, CFO and others) — recent disclosed sales by CEO Gregory Peters, CFO Spencer Neumann and other insiders add to near-term negative sentiment; large executive sales can be read as liquidity-taking or signal concern around valuation/deal execution. CEO sale SEC filing
• Negative Sentiment: Analyst caution and bearish narratives — several outlets question the deal’s payoff, highlight potential buyback pauses and stress the stock’s recent pullback; negative coverage can keep pressure on the share price until deal clarity returns. Is Netflix’s 10% Dip a Buying Opportunity or a Warning Sign?

About Netflix

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.