Netflix (NASDAQ:NFLX) Stock Price Down 1.3% on Insider Selling

Netflix, Inc. (NASDAQ:NFLX) shares dropped 1.3% during trading on Thursday after an insider sold shares in the company. The company traded as low as $64.67 and last traded at $65.56. Approximately 49,081,485 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 42,802,348 shares. The stock had previously closed at $66.39.

Specifically, insider David Hyman sold 5,727 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $64.55, for a total value of $369,677.85. Following the transaction, the insider owned 166,100 shares in the company, valued at approximately $10,721,755. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NFLX. Moffett Nathanson reaffirmed a “buy” rating and set a $90.00 price target on shares of Netflix in a research report on Wednesday, October 21st. Daiwa Securities Group decreased their price objective on shares of Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings lowered shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Barclays set a $65.00 target price on shares of Netflix and gave the company an “equal weight” rating in a research note on Wednesday, October 21st. Finally, Oppenheimer restated an “outperform” rating and set a $80.00 target price (down from $85.00) on shares of Netflix in a report on Wednesday, October 21st. Two investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $89.14.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its shares fell about 55% from their June 2025 peak. The article also reports year-over-year improvement in third-quarter churn, a potential sign of better customer retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: Media executive Barry Diller argued that competitors should stop trying to match Netflix’s scale, reinforcing the view that the company has a durable competitive advantage in streaming. Article: Barry Diller’s advice for Hollywood
• Neutral Sentiment: Netflix insider David Hyman sold 5,727 shares, but the filing says the sale covered tax withholding on vested equity awards. He retained 166,100 shares, so the transaction may not signal a change in his view of the company. SEC filing
• Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a $2.8 billion one-time termination fee boosted first-quarter earnings. Those factors raise questions about the pace and underlying quality of growth, tempering the bullish valuation case. Article: Bill Ackman and Netflix’s valuation
• Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, selling about $13.1 million more than they bought. This points to some institutional selling pressure, though the reported amount was relatively modest. Article: ETFs are net sellers of Netflix

Netflix Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a fifty day simple moving average of $71.68 and a two-hundred day simple moving average of $81.20. The stock has a market cap of $269.21 billion, a PE ratio of 18.95, a PEG ratio of 0.93 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. The company had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. Equities analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. DSG Capital Advisors LLC boosted its holdings in Netflix by 2.6% in the third quarter. DSG Capital Advisors LLC now owns 72,992 shares of the Internet television network’s stock valued at $5,079,000 after purchasing an additional 1,845 shares during the last quarter. Silver Grove Financial Group Inc. grew its stake in Netflix by 10.8% during the 3rd quarter. Silver Grove Financial Group Inc. now owns 4,383 shares of the Internet television network’s stock valued at $305,000 after purchasing an additional 427 shares in the last quarter. Davis Investment Partners LLC increased its holdings in Netflix by 186.1% during the 3rd quarter. Davis Investment Partners LLC now owns 8,729 shares of the Internet television network’s stock worth $607,000 after purchasing an additional 5,678 shares during the last quarter. Northbridge Financial Group LLC increased its holdings in Netflix by 5.9% during the 3rd quarter. Northbridge Financial Group LLC now owns 18,653 shares of the Internet television network’s stock worth $1,281,000 after purchasing an additional 1,039 shares during the last quarter. Finally, Renasant Bank purchased a new stake in Netflix during the 3rd quarter worth approximately $690,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.