Gregory Peters Sells 105,781 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLXGet Free Report) CEO Gregory Peters sold 105,781 shares of the company’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total transaction of $8,773,476.14. Following the sale, the chief executive officer directly owned 122,140 shares in the company, valued at $10,130,291.60. This trade represents a 46.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Netflix Stock Up 0.4%

Shares of NASDAQ:NFLX opened at $83.49 on Friday. The firm has a fifty day moving average price of $93.77 and a two-hundred day moving average price of $109.96. The company has a market cap of $352.51 billion, a price-to-earnings ratio of 33.04, a PEG ratio of 1.48 and a beta of 1.71. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.33. Netflix, Inc. has a one year low of $81.93 and a one year high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last issued its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the business posted $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. Analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NFLX. Cfra downgraded shares of Netflix from a “strong-buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a research note on Monday, January 5th. Benchmark restated a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. Loop Capital set a $104.00 price objective on shares of Netflix in a report on Tuesday. Robert W. Baird reduced their target price on Netflix from $150.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Finally, Erste Group Bank lowered Netflix from a “buy” rating to a “hold” rating in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and seventeen have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $116.17.

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Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Rosenberg Matthew Hamilton grew its holdings in shares of Netflix by 2.1% in the second quarter. Rosenberg Matthew Hamilton now owns 448 shares of the Internet television network’s stock worth $600,000 after purchasing an additional 9 shares during the last quarter. One Day In July LLC boosted its position in Netflix by 3.3% during the 2nd quarter. One Day In July LLC now owns 278 shares of the Internet television network’s stock valued at $372,000 after buying an additional 9 shares during the period. Able Wealth Management LLC boosted its position in Netflix by 1.2% during the 2nd quarter. Able Wealth Management LLC now owns 763 shares of the Internet television network’s stock valued at $1,022,000 after buying an additional 9 shares during the period. One Wealth Capital Management LLC grew its holdings in Netflix by 0.5% in the 2nd quarter. One Wealth Capital Management LLC now owns 1,767 shares of the Internet television network’s stock worth $2,366,000 after acquiring an additional 9 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its position in shares of Netflix by 3.1% in the second quarter. Bell Investment Advisors Inc now owns 298 shares of the Internet television network’s stock valued at $399,000 after acquiring an additional 9 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Company Profile

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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.

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