Spencer Adam Neumann Sells 57,260 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, March 2nd, Spencer Adam Neumann sold 28,630 shares of Netflix stock. The stock was sold at an average price of $97.00, for a total transaction of $2,777,110.00.
• 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 value of $751,584.96.

Netflix Price Performance

Shares of Netflix stock opened at $97.70 on Wednesday. The company has a market capitalization of $412.51 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 1.72 and a beta of 1.68. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock’s 50-day simple moving average is $85.99 and its 200-day simple moving average is $104.07. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12.

Netflix (NASDAQ:NFLX) last issued its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating 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 company had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the company earned $0.43 EPS. The firm’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. As a group, analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Key Stories Impacting Netflix

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.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NFLX. Jefferies Financial Group restated a “buy” rating on shares of Netflix in a report on Friday, February 27th. Benchmark reissued a “hold” rating on shares of Netflix in a report on Tuesday, January 13th. Oppenheimer set a $125.00 price target on shares of Netflix and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Loop Capital set a $104.00 price objective on shares of Netflix in a research report on Tuesday, January 27th. Finally, UBS Group set a $104.00 target price on shares of Netflix in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $116.01.

Hedge Funds Weigh In On Netflix

Large investors have recently bought and sold shares of the business. First Financial Corp IN grew its stake in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the period. Turning Point Benefit Group Inc. grew its stake in Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in Netflix in the third quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in Netflix during the 4th quarter worth $26,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

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.