Netflix, Inc. (NASDAQ:NFLX – Get Free Report) Director Richard Barton sold 720 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares in the company, valued at approximately $185,164.20. The trade was a 22.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Netflix Stock Up 1.8%
NFLX stock opened at $77.40 on Friday. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $124.86. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $322.29 billion, a P/E ratio of 24.36, a PEG ratio of 1.09 and a beta of 1.53. The firm has a 50 day simple moving average of $75.71 and a 200-day simple moving average of $84.38.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $12.58 billion. During the same quarter in the previous year, the firm earned $0.72 earnings per share. The business’s revenue was up 13.4% compared to the same quarter last year. On average, equities research analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Netflix
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Shepherd Street Advisors LLC bought a new stake in Netflix in the 4th quarter valued at $2,216,000. University of Texas Texas AM Investment Management Co. boosted its position in Netflix by 798.5% during the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 42,542 shares of the Internet television network’s stock worth $3,989,000 after purchasing an additional 37,807 shares during the period. New Mexico Educational Retirement Board boosted its position in Netflix by 900.0% during the fourth quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network’s stock worth $18,022,000 after purchasing an additional 172,989 shares during the period. Ritholtz Wealth Management increased its holdings in shares of Netflix by 25.0% in the first quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock valued at $10,235,000 after purchasing an additional 21,260 shares during the last quarter. Finally, Natixis Advisors LLC increased its holdings in shares of Netflix by 797.3% in the fourth quarter. Natixis Advisors LLC now owns 4,989,919 shares of the Internet television network’s stock valued at $467,854,000 after purchasing an additional 4,433,837 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.
Netflix News Summary
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix is benefiting from strong digital viewing and higher content consumption, supporting the broader outlook for broadcast, television and streaming companies. Broadcast and TV industry outlook
- Positive Sentiment: The company plans longer theatrical releases for six upcoming films and will report their box-office revenue, potentially creating an additional monetization channel and improving the economics of its film business. Netflix theatrical release strategy
- Positive Sentiment: Analysts continue to highlight Netflix’s advertising-tier potential, with one forecast calling for advertising revenue to surpass $6 billion in 2027. This would support growth beyond subscriptions if execution meets expectations.
- Neutral Sentiment: Options-market activity has attracted attention, but the available report does not identify a clear bullish or bearish positioning signal. Netflix options activity
- Neutral Sentiment: Director Richard Barton sold 720 shares worth about $54,194 under a pre-arranged Rule 10b5-1 plan. The relatively small, scheduled transaction offers limited insight into management’s current outlook. Netflix director stock sale
- Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short ratio, an apparently inconsistent figure that provides no meaningful trading signal.
- Negative Sentiment: Florida sued Netflix for billions, alleging that it misled families and tracked children’s data for advertising. The case could create legal costs, reputational damage and uncertainty around the economics of the company’s fastest-growing advertising business. Florida lawsuit over Netflix children’s data
- Negative Sentiment: Recent commentary raised concerns about a weak second-quarter outlook and slowing demand momentum compared with some major media competitors. Netflix outlook concerns
- Negative Sentiment: A poll found that most Canadians support requiring streaming services to fund local content, signaling possible additional production obligations and regulatory costs for Netflix in Canada. Canadian streaming regulation
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.
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