Insider Selling: Netflix (NASDAQ:NFLX) Director Sells $2,789,944.80 in Stock

Netflix, Inc. (NASDAQ:NFLX) Director Bradford Smith sold 35,990 shares of Netflix stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the transaction, the director directly owned 79,690 shares in the company, valued at $6,177,568.80. This represents a 31.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Netflix Trading Up 0.5%

NFLX stock traded up $0.42 during mid-day trading on Thursday, reaching $77.38. 89,929,983 shares of the stock traded hands, compared to its average volume of 44,708,344. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a market cap of $325.83 billion, a P/E ratio of 24.99, a P/E/G ratio of 1.00 and a beta of 1.50. The stock’s fifty day moving average is $89.75 and its 200-day moving average is $90.44.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same period last year, the firm posted $6.61 earnings per share. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current year.

Institutional Trading of Netflix

Several hedge funds and other institutional investors have recently modified their holdings of NFLX. Militia Capital Management LLC acquired a new stake in Netflix during the first quarter valued at $590,000. FAS Wealth Partners Inc. grew its stake in Netflix by 2.7% in the first quarter. FAS Wealth Partners Inc. now owns 12,140 shares of the Internet television network’s stock valued at $1,167,000 after purchasing an additional 320 shares in the last quarter. Rathbones Group PLC increased its position in Netflix by 53.7% in the 1st quarter. Rathbones Group PLC now owns 1,266,693 shares of the Internet television network’s stock worth $121,793,000 after purchasing an additional 442,520 shares during the last quarter. Robinswood Financial LLC acquired a new position in Netflix in the 1st quarter worth about $62,000. Finally, Pine Valley Investments Ltd Liability Co raised its stake in shares of Netflix by 35.3% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 68,837 shares of the Internet television network’s stock worth $6,619,000 after purchasing an additional 17,964 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some commentators argue NFLX may be at an attractive valuation after recent declines, with bullish voices pointing to Netflix’s pricing power, ad-tier growth, and a four-year low in valuation as a possible opportunity. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Positive Sentiment: Analysts still broadly view Netflix favorably overall, with one note saying the stock retains a “Moderate Buy” consensus despite recent weakness. Netflix, Inc. (NASDAQ:NFLX) Receives Consensus Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Merger speculation around the streaming sector has kept NFLX in the spotlight, but reports said Netflix denied interest in buying Lionsgate and appears to be watching bigger industry dealmaking rather than committing to an acquisition strategy. Lionsgate Stock Pulls Back After Netflix Denies Acquisition Interest, Erasing Some of Tuesday’s 14% Surge
• Neutral Sentiment: Coverage questioning whether NFLX deserves its premium sales multiple may be limiting near-term upside, even as the company continues to grow. Is NFLX Stock Worth Buying at a Premium P/S or Should Investors Wait?
• Negative Sentiment: Citizens analysts stayed cautious on NFLX, citing the lack of meaningful near-term catalysts and an unimpressive second-quarter outlook, which adds to concerns that the stock may struggle to rebound quickly. Citizens Analyst Remains Cautious on Netflix Stock (NFLX), Cites Lack of ‘Meaningful Near-Term Catalysts’
• Negative Sentiment: Recent headlines also pointed to Netflix’s stock slide continuing, reflecting ongoing investor skepticism after the company’s softer guidance and heightened competition concerns. Netflix’s stock slide is getting worse

Analyst Ratings Changes

Several brokerages have issued reports on NFLX. KeyCorp reissued an “overweight” rating and set a $115.00 target price (up from $108.00) on shares of Netflix in a research note on Tuesday, April 14th. President Capital raised their target price on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Wedbush reissued an “outperform” rating and set a $118.00 price target on shares of Netflix in a research report on Thursday, April 16th. Finally, Huber Research raised Netflix from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $114.26.

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.