Netflix (NASDAQ:NFLX) Stock: Insider David Hyman Sells 5,727 Shares

Netflix, Inc. (NASDAQ:NFLX) insider David Hyman sold 5,727 shares of Netflix stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $64.55, for a total transaction of $369,677.85. Following the completion of the sale, the insider directly owned 166,100 shares in the company, valued at approximately $10,721,755. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Netflix Stock Down 1.3%

NFLX opened at $65.56 on Friday. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73. The company’s 50-day moving average price is $71.36 and its two-hundred day moving average price is $81.09. The stock has a market cap of $269.21 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 0.97 and a beta of 1.62. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. The company had revenue of $12.87 billion during the quarter, compared to analyst estimates of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. Netflix’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 EPS. As a group, equities analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

NFLX has been the subject of a number of recent research reports. New Street Research raised their target price on Netflix from $96.00 to $102.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft set a $93.00 price target on Netflix in a research report on Wednesday, October 21st. Itau BBA Securities cut their price target on Netflix from $151.40 to $96.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. China Renaissance decreased their price objective on Netflix from $100.00 to $80.00 and set a “hold” rating for the company in a report on Friday, July 17th. Finally, The Goldman Sachs Group set a $84.00 price objective on Netflix in a report on Wednesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and a consensus target price of $89.14.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its steep retreat from its 2025 high. The article also notes that year-over-year subscriber churn improved in the third quarter, a positive sign for retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: Barry Diller argued that competitors cannot match Netflix simply by pursuing greater scale. That view reinforces the potential strength of Netflix’s existing position in streaming. Article: Barry Diller’s advice for Hollywood
• Neutral Sentiment: An insider sold 5,727 shares to cover tax withholding related to vested equity awards and retained 166,100 shares. The stated reason makes the sale less meaningful as a signal about the company’s outlook. SEC filing
• Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a one-time $2.8 billion termination fee boosted first-quarter earnings. The distinction between underlying performance and one-off gains may make investors more cautious about growth and earnings quality. Article: Netflix growth and earnings context
• Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, totaling $13.1 million in net sales. This suggests some near-term institutional selling pressure, though the amount alone does not establish a broader shift in sentiment. Article: ETFs are net sellers of Netflix

Institutional Investors Weigh In On Netflix

A number of hedge funds and other institutional investors have recently bought and sold shares of NFLX. Three Bridge Wealth Advisors LLC purchased a new position in Netflix during the third quarter valued at approximately $76,000. King Luther Capital Management Corp lifted its stake in Netflix by 2.5% in the 3rd quarter. King Luther Capital Management Corp now owns 2,592,769 shares of the Internet television network’s stock worth $180,405,000 after purchasing an additional 64,321 shares in the last quarter. Spectrum Planning & Advisory Services Inc. purchased a new stake in Netflix in the 3rd quarter worth approximately $342,000. Capstone Wealth Management Group LLC bought a new position in Netflix in the 3rd quarter valued at $36,000. Finally, Maryland State Retirement & Pension System boosted its holdings in Netflix by 12.2% in the 3rd quarter. Maryland State Retirement & Pension System now owns 253,849 shares of the Internet television network’s stock valued at $17,663,000 after purchasing an additional 27,650 shares during the period. Institutional investors own 80.93% of the company’s stock.

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.