Richard Barton Sells 720 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) Director Richard Barton sold 720 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $77.60, for a total value of $55,872.00. Following the transaction, the director owned 2,460 shares in the company, valued at approximately $190,896. This represents a 22.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Netflix Stock Down 0.0%

NASDAQ:NFLX opened at $76.01 on Friday. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $125.34. The company has a 50-day moving average of $75.72 and a 200 day moving average of $84.43. The firm has a market cap of $316.50 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 1.07 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter last year, the firm posted $0.72 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. As a group, research analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s Pershing Square reportedly established a sizable Netflix position after exiting its remaining Alphabet stake, providing a prominent investor vote of confidence in Netflix’s growth and advertising strategy. Bill Ackman’s Netflix investment
• Positive Sentiment: Netflix is expanding the theatrical release strategy for six upcoming films and plans to report their box-office revenue, potentially creating an additional revenue stream and improving film economics. Netflix theatrical strategy
• Positive Sentiment: A forecast that Netflix’s advertising business could exceed $6 billion in 2027 highlights significant monetization potential from its ad-supported tier. Netflix advertising forecast
• Positive Sentiment: The international success of the South African film “The Polygamist” is supporting Netflix’s pipeline of local-language content and may strengthen engagement in overseas markets. The Polygamist success
• Neutral Sentiment: Netflix’s revenue growth and operating margins have outperformed most major media competitors, but its shares have still fallen substantially over the past year; analysts say the stock may not yet be inexpensive. Netflix growth and valuation analysis
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short ratio, an internally inconsistent figure that offers no meaningful signal about investor positioning.
• Negative Sentiment: Florida sued Netflix, seeking billions in damages and alleging that the company misled families and improperly collected children’s data. The action raises potential legal costs, reputational risk and regulatory scrutiny. Florida lawsuit against Netflix
• Negative Sentiment: Investor commentary cited a weak second-quarter outlook and consumer data suggesting Netflix’s demand growth is slowing relative to Warner Bros. Discovery and Disney. Netflix outlook concerns
• Negative Sentiment: Canadian viewers broadly support requiring streamers to fund local content, signaling possible additional regulatory obligations and production costs in an important market. Canadian streaming regulation
• Negative Sentiment: Director Richard Barton sold 720 shares under a pre-arranged Rule 10b5-1 plan. The transaction is relatively small but may add modestly to selling pressure. Netflix director stock sale

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its stake in Netflix by 7,028.2% in the 2nd quarter. California State Teachers Retirement System now owns 458,934,710 shares of the Internet television network’s stock worth $32,767,938,000 after acquiring an additional 452,496,424 shares during the last quarter. BlackRock Inc. purchased a new stake in Netflix during the 2nd quarter valued at about $24,902,221,000. State Street Corp increased its holdings in shares of Netflix by 927.6% in the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock valued at $16,574,986,000 after purchasing an additional 159,578,053 shares during the period. Geode Capital Management LLC raised its stake in shares of Netflix by 892.0% in the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Finally, Capital World Investors raised its stake in shares of Netflix by 859.1% in the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after purchasing an additional 80,025,890 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the subject of a number of recent research reports. Seaport Research Partners downgraded shares of Netflix from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft set a $110.00 target price on Netflix in a research report on Monday, July 20th. Barclays cut their price target on Netflix from $85.00 to $80.00 and set an “equal weight” rating on the stock in a report on Friday, July 17th. CLSA assumed coverage on Netflix in a research note on Monday, July 20th. They set an “outperform” rating for the company. Finally, DZ Bank reaffirmed a “buy” rating on shares of Netflix in a research report on Monday, July 20th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $96.65.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.