Netflix (NASDAQ:NFLX) CFO Sells $5,468,330.00 in Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 57,260 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Spencer Adam Neumann also recently made the following trade(s):

• On Monday, March 2nd, Spencer Adam Neumann sold 28,630 shares of Netflix stock. The stock was sold at an average price of $97.00, for a total value of $2,777,110.00.
• On Friday, February 6th, Spencer Adam Neumann sold 9,248 shares of Netflix stock. The shares were sold at an average price of $81.27, for a total transaction of $751,584.96.

Netflix Stock Performance

Shares of NFLX opened at $98.66 on Thursday. The company has a 50-day moving average of $86.10 and a two-hundred day moving average of $103.90. The stock has a market cap of $416.56 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 1.39 and a beta of 1.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the business earned $0.43 earnings per share. The firm’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, equities research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Management formally exited the WBD bidding war, which investors interpret as a vote for financial discipline and lower M&A risk — a primary catalyst for the rally. Read More.
• Positive Sentiment: Netflix said it will redeploy capital into content and buybacks (reports mention a large content investment program), signaling shareholder-friendly use of cash and a growth focus. Read More.
• Positive Sentiment: Wall Street interest has picked up: new/raised coverage and higher targets (JPMorgan, President Capital and others) are supporting near‑term upside and giving investors confidence. Read More.
• Neutral Sentiment: Options-market activity and high trading volume show elevated positioning and speculation around the news-driven move — useful for short-term traders but ambiguous for fundamentals. Read More.
• Neutral Sentiment: A White House disclosure shows President Trump purchased Netflix bonds during the WBD episode — notable headline risk/interest but unlikely to change fundamentals. Read More.
• Negative Sentiment: Large insider selling: Director Reed Hastings and CFO Spencer Neumann disclosed significant share sales in late Feb/early Mar — creates perception risk about insider conviction (or tax/diversification motives). Read More.
• Negative Sentiment: Paramount’s bid to combine Warner assets with Paramount+ (and FCC comments that that deal is “cleaner”) could speed approvals and produce a larger competitor, increasing long‑term content and pricing pressure. Read More.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after acquiring an additional 142,238 shares in the last quarter. CIBC Capital Markets Europe S.A. raised its position in shares of Netflix by 171.4% during the third quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after purchasing an additional 42,000 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Netflix by 6.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network’s stock valued at $362,292,000 after purchasing an additional 18,837 shares in the last quarter. NEOS Investment Management LLC lifted its holdings in shares of Netflix by 64.6% during the 3rd quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network’s stock valued at $212,565,000 after purchasing an additional 69,570 shares in the last quarter. Finally, Bornite Capital Management LP acquired a new position in shares of Netflix in the 3rd quarter valued at approximately $29,973,000. Institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of research analyst reports. Robert W. Baird lowered their price target on Netflix from $150.00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. TD Cowen lowered their price objective on shares of Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Freedom Capital upgraded shares of Netflix from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Canaccord Genuity Group set a $125.00 target price on shares of Netflix and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Guggenheim dropped their price target on shares of Netflix from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $116.01.

Netflix Company Profile

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.