Netflix (NASDAQ:NFLX) CFO Spencer Adam Neumann Sells 28,630 Shares

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,157,339. This represents a 27.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, February 27th, Spencer Adam Neumann sold 57,260 shares of Netflix stock. The shares were sold at an average price of $95.50, for a total transaction of $5,468,330.00.
• On Friday, February 6th, Spencer Adam Neumann sold 9,248 shares of Netflix stock. The stock was sold at an average price of $81.27, for a total transaction of $751,584.96.

Netflix Stock Performance

Shares of NFLX opened at $97.70 on Wednesday. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The company has a market cap of $412.51 billion, a PE ratio of 38.66, a P/E/G ratio of 1.72 and a beta of 1.68. The stock has a 50-day moving average of $85.99 and a 200-day moving average of $104.07. 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 results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.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 prior year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Management walked away from the Warner Bros. Discovery bid, signaling balance-sheet discipline and a renewed focus on organic growth — a key driver of the rally. Read More.
• Positive Sentiment: Netflix said it will redeploy capital into content and buybacks (a reported $20B content push), which investors interpret as shareholder-friendly and growth-focused. Read More.
• Positive Sentiment: Wall Street is upgrading coverage and raising targets — JPMorgan initiated/overweight with a $120 target and President Capital raised its target to $133 — providing near-term upside signals. Read More.
• Neutral Sentiment: Management frames the exit as preplanned (financial discipline, not political), which clarifies intent but shifts scrutiny to execution of content and monetization plans. Read More.
• Neutral Sentiment: Market action has been volatile — a sharp rebound from lows followed by profit-taking; higher-than-average volume shows conviction but also short-term repositioning by investors. Read More.
• Negative Sentiment: Large insider sales: Director Reed Hastings sold ~410,550 shares and CFO Spencer Neumann sold tens of thousands of shares recently — a potential investor concern about insider sentiment or diversification. Read More. / Read More.
• Negative Sentiment: Paramount’s acquisition of Warner and planned combination of HBO Max/Paramount+ creates a scaled competitor; FCC comments that that deal is “cleaner” could speed approvals and increase competitive pressure on content and pricing. Read More. / Read More.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. BMO Capital Markets decreased their price target on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Phillip Securities upgraded shares of Netflix from a “sell” rating to a “moderate buy” rating and lifted their price objective for the company from $95.00 to $100.00 in a report on Monday, January 26th. KeyCorp set a $110.00 target price on shares of Netflix and gave the stock an “overweight” rating in a report on Friday, January 16th. Rothschild & Co Redburn set a $120.00 price target on shares of Netflix in a research report on Wednesday, January 21st. Finally, DZ Bank reiterated a “buy” rating on shares of Netflix in a research note on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $116.01.

Institutional Investors Weigh In On Netflix

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after acquiring an additional 351,493,659 shares during the last quarter. State Street Corp grew its stake in Netflix by 927.6% in the 4th 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 increased its position in shares of Netflix by 892.0% during the 4th quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Capital World Investors increased its position in shares of Netflix by 859.1% during the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after purchasing an additional 80,025,890 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Netflix by 685.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock worth $8,068,882,000 after purchasing an additional 75,107,069 shares during the period. 80.93% of the stock is owned by institutional investors.

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.