Netflix (NASDAQ:NFLX) CEO Sells $2,422,301.28 in Stock

Netflix, Inc. (NASDAQ:NFLX) CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the transaction, the chief executive officer directly owned 120,931 shares in the company, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Netflix Stock Up 0.0%

NFLX traded up $0.00 during trading on Thursday, reaching $88.27. The company had a trading volume of 30,519,364 shares, compared to its average volume of 47,032,965. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The business’s fifty day moving average price is $95.24 and its 200 day moving average price is $96.30. The company has a market cap of $371.70 billion, a P/E ratio of 28.51, a PEG ratio of 1.13 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the firm posted $6.61 earnings per share. The business’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.56 EPS for the current year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Buyback/bullish framing — Coverage grouping Netflix with other consumer‑discretionary names discussing buybacks may provide support to the stock over time as buybacks reduce float and signal management confidence. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Positive Sentiment: Second‑half recovery thesis — Research notes (TipRanks) argue the first half looks soft but that the bull case centers on stronger second‑half revenue/earnings, giving holders a path to upside if execution improves. Netflix’s (NFLX) First Half Is Soft. The Second Half Is Where the Bull Case Lives
• Neutral Sentiment: Valuation/technical reassessment pieces — Several writeups (Yahoo, 247WallSt) urge investors to reassess fair value after recent pullbacks; these are more interpretive than news-driving, so they temper sentiment but don’t force immediate moves. Is It Time To Reassess Netflix (NFLX) After Recent Share Price Weakness
• Neutral Sentiment: Sector/peer dynamics — Disney’s stronger-than-expected results have pushed streaming peers into comparative focus; this can magnify moves in NFLX but is not a Netflix-specific catalyst. Disney Stock Is Up 8% Today: Is It Outperforming Other Streaming Stocks Like Netflix and Warner Bros. Discovery?
• Negative Sentiment: Large insider sales — Multiple filings show big pre‑arranged sales (Reed Hastings, CEO Ted Sarandos and others) that increase near‑term supply and are being read by some traders as a negative signal, despite explanations that sales were to cover taxes/10b5‑1 plans. Top Netflix Insiders Cash Out in Major Stock Move
• Negative Sentiment: Technical/analyst pressure — Several market notes point to price targets clustered below prior highs and technical resistance near ~$100; that resistance plus positioning and short interest helps explain intraday weakness. What’s Going On With Netflix Stock Tuesday?
• Negative Sentiment: M&A/accounting headlines in the sector — Big headlines about Warner Bros. Discovery booking a ~$2.8B loss tied to a termination fee have created sector noise; that M&A fallout is depressing sentiment for media stocks generally even if Netflix itself is not directly impaired. Warner Bros. Discovery Q1 Earnings Miss Estimates, Revenues Fall Y/Y

Institutional Trading of Netflix

Several institutional investors and hedge funds have recently added to or reduced their stakes in NFLX. First Financial Corp IN raised its position in Netflix by 900.0% during the fourth 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. raised its position in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. raised its position in Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new stake in Netflix during the third quarter worth $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in Netflix during the fourth quarter worth $26,000. 80.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NFLX. Erste Group Bank lowered shares of Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Pivotal Research set a $96.00 price objective on shares of Netflix and gave the stock a “hold” rating in a research report on Friday, April 17th. Bank of America cut their price objective on shares of Netflix from $149.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. HSBC boosted their price objective on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Netflix from $98.00 to $100.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.

About Netflix

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.