Netflix (NASDAQ:NFLX) CFO Spencer Adam Neumann Sells 9,248 Shares

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 9,248 shares of Netflix 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 completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at $5,996,669.49. This trade represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Netflix Trading Down 1.0%

Shares of NASDAQ NFLX traded down $0.79 during midday trading on Monday, hitting $81.41. 42,142,647 shares of the company traded hands, compared to its average volume of 51,203,508. Netflix, Inc. has a 12-month low of $79.22 and a 12-month high of $134.12. The firm has a market cap of $343.73 billion, a P/E ratio of 32.22, a P/E/G ratio of 1.46 and a beta of 1.71. 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 50-day moving average price of $91.26 and a 200 day moving average price of $108.34.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company’s revenue was up 17.6% on a year-over-year basis. During the same period last year, the company earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

Institutional Trading of Netflix

A number of institutional investors have recently bought and sold shares of the stock. BG Investment Services Inc. acquired a new position in shares of Netflix during the second quarter valued at $338,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Netflix by 6.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network’s stock worth $362,292,000 after purchasing an additional 18,837 shares during the period. New York Life Investment Management LLC lifted its position in Netflix by 1.2% in the second quarter. New York Life Investment Management LLC now owns 57,951 shares of the Internet television network’s stock worth $77,604,000 after purchasing an additional 664 shares during the period. AustralianSuper Pty Ltd grew its holdings in Netflix by 71.1% during the second quarter. AustralianSuper Pty Ltd now owns 234,831 shares of the Internet television network’s stock worth $314,469,000 after acquiring an additional 97,622 shares during the period. Finally, National Pension Service lifted its holdings in Netflix by 3.1% in the 3rd quarter. National Pension Service now owns 927,368 shares of the Internet television network’s stock valued at $1,111,840,000 after acquiring an additional 27,884 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Market leadership reminder — A MarketBeat piece highlights Netflix as one of two subscription-economy leaders that still dominate their niches, reinforcing Netflix’s long-term competitive position and potential as a buy-low opportunity. 2 Subscription Economy Winners That Still Dominate Their Niches
• Positive Sentiment: Options/flows indicate investor interest — Options traders have been active in NFLX after earnings, signaling elevated volatility and that some market participants are positioning for a directional move (could amplify rallies or declines). Options Traders Have Been Eyeing Netflix Stock After Earnings
• Neutral Sentiment: Management pushes back — Netflix’s chief global affairs officer called the DOJ’s antitrust probe “ordinary course of business,” attempting to downplay regulatory risk; this may reassure some investors but doesn’t remove the uncertainty. Netflix exec calls DOJ probe into $82.7B Warner Bros deal ‘ordinary course of business’
• Neutral Sentiment: Public interviews reiterate stance — Clete Willems repeated the same “ordinary” framing on TV, a short-term calming signal but unlikely to change regulatory outcomes. DOJ antitrust probe on Netflix’s Warner Bros bid ‘TOTALLY ORDINARY,’ exec says
• Neutral Sentiment: Industry labor context — Coverage of SAG-AFTRA comments (Sean Astin) highlights ongoing talent/AI issues that could affect content costs and negotiations, but no immediate Netflix-specific disruption reported. Sean Astin’s takes on the threat of AI, Fran Drescher and a ‘Goonies’ sequel
• Negative Sentiment: Regulatory scrutiny remains the main overhang — Multiple reports flag DOJ antitrust scrutiny, a Senate Judiciary hearing and analyst concerns that the Warner Bros deal could face significant hurdles—this is the primary near-term catalyst pressuring the stock. Will Netflix Turn to ESPN If It Misses Out on Warner Bros. Discovery?
• Negative Sentiment: Analyst caution and red-flag commentary — Opinion pieces and analyst notes (Forbes and others) point to slowing growth risks, possible pause of buybacks and historical volatility as reasons for continued investor wariness. Is The Netflix Party Over? Watch Out For These 3 Red Flags
• Negative Sentiment: Deep pullback narratives — Recent analysis asking whether the stock is “too cheap to ignore” after large declines highlights that sentiment has turned bearish and volatility remains elevated. Netflix Stock Tanks 39% — Is It Too Cheap to Ignore?

Wall Street Analysts Forecast Growth

NFLX has been the topic of several recent analyst reports. DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Wednesday, December 17th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Netflix in a research note on Thursday, January 22nd. Argus lowered their price objective on shares of Netflix from $141.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. William Blair restated an “outperform” rating on shares of Netflix in a report on Wednesday, January 21st. Finally, UBS Group set a $104.00 target price on Netflix in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and a consensus price target of $116.08.

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.