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

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 9,248 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Netflix Stock Down 1.0%

NFLX stock opened at $81.41 on Tuesday. The firm has a market cap of $343.73 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 1.46 and a beta of 1.71. Netflix, Inc. has a 1-year low of $79.22 and a 1-year high of $134.12. The firm has a fifty day moving average price of $90.71 and a two-hundred day moving average price of $108.08. 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 (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Research analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Analyst Upgrades and Downgrades

NFLX has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price objective on Netflix from $156.00 to $151.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Rothschild & Co Redburn set a $120.00 price target on shares of Netflix in a research report on Wednesday, January 21st. HSBC dropped their price objective on shares of Netflix from $107.00 to $106.00 and set a “buy” rating on the stock in a report on Wednesday, January 21st. Rosenblatt Securities restated a “neutral” rating and issued a $94.00 target price (down previously from $105.00) on shares of Netflix in a research report on Friday, January 16th. Finally, Cfra Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $116.08.

More Netflix News

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?

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after buying an additional 257 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares during the period. Sivia Capital Partners LLC raised its position in Netflix by 21.2% in the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after acquiring an additional 246 shares in the last quarter. Strategic Investment Advisors MI lifted its holdings in Netflix by 18.9% in the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after acquiring an additional 123 shares during the last quarter. Finally, Hemington Wealth Management boosted its position in shares of Netflix by 3.5% during the 2nd quarter. Hemington Wealth Management now owns 614 shares of the Internet television network’s stock valued at $822,000 after purchasing an additional 21 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

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.