Rep. Cleo Fields Acquires Shares of Netflix, Inc. (NASDAQ:NFLX)

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Netflix, Inc. (NASDAQ:NFLX). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Netflix stock on September 14th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #1” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/14/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/10/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/13/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 7/10/2026.

Netflix Stock Down 1.2%

Shares of Netflix stock opened at $67.06 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $124.86. The company’s 50 day moving average price is $75.73 and its 200-day moving average price is $82.25. The stock has a market capitalization of $279.23 billion, a price-to-earnings ratio of 21.11, a P/E/G ratio of 0.96 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.72 EPS. Equities research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Hedge Funds Weigh In On Netflix

Institutional investors have recently added to or reduced their stakes in the company. Nykredit A S bought a new position in shares of Netflix in the second quarter worth approximately $105,697,000. Shepherd Street Advisors LLC purchased a new position in Netflix in the 4th quarter worth approximately $2,216,000. University of Texas Texas AM Investment Management Co. raised its holdings in Netflix by 798.5% in the 4th 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 acquiring an additional 37,807 shares during the last quarter. Ritholtz Wealth Management lifted its position in Netflix by 25.0% in the 1st quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock valued at $10,235,000 after acquiring an additional 21,260 shares in the last quarter. Finally, Wittenberg Investment Management Inc. lifted its position in Netflix by 889.8% in the 4th quarter. Wittenberg Investment Management Inc. now owns 14,530 shares of the Internet television network’s stock valued at $1,362,000 after acquiring an additional 13,062 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Deutsche Bank upgraded Netflix to Buy, arguing that investors may be underestimating the company’s international growth opportunity. The analyst also sees artificial intelligence as more likely to support Netflix than disrupt it, despite lowering the price target. Netflix Stock Just Got a Stunning Upgrade After a Brutal 2026 Selloff
• Positive Sentiment: Netflix is expanding live programming, games, video podcasts and its advertising tier to increase viewing and diversify growth. These initiatives could help counter YouTube and improve engagement over time. Netflix Leans on Live TV as YouTube Competition Threatens Growth, Analysts Weigh In
• Neutral Sentiment: Netflix is scheduled to report third-quarter results on October 20. The stock has declined after each of its past four reports, with three of those drops driven primarily by forward guidance rather than the reported quarter, increasing the importance of management’s outlook. Netflix Reports Oct. 20. Its Stock Has Fallen After Each of Its Last 4 Reports.
• Negative Sentiment: Co-CEO Ted Sarandos acknowledged that Netflix is not growing as quickly as he wants. Viewership increased only 2% during the first half of 2026, raising concerns that the company is struggling to sustain engagement. Netflix co-CEO says streaming giant isn’t growing as fast as he wants
• Negative Sentiment: Analysts have cited Netflix’s loss of attention to YouTube, weak engagement trends and its worst Emmy showing in a decade. Investors are also questioning whether newer initiatives are diluting focus from the original programming that drives the platform. Why Netflix Lost 14% in September
• Negative Sentiment: The stock has fallen sharply during 2026, while its price-to-earnings multiple has contracted about 40% since the start of the year. The valuation reset reflects investor concern that Netflix’s strongest growth phase may be ending.

Insider Buying and Selling at Netflix

In other Netflix news, CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Spencer Neumann sold 9,248 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the completion of the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 179,045 shares of company stock worth $13,132,194. Insiders own 1.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NFLX shares. Loop Capital lowered their price target on Netflix from $115.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Sanford C. Bernstein started coverage on Netflix in a research note on Monday, September 28th. They set a “buy” rating on the stock. New Street Research upped their target price on Netflix from $96.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, July 17th. UBS Group dropped their price target on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Finally, KeyCorp reiterated an “overweight” rating and issued a $92.00 price target (down from $115.00) on shares of Netflix in a report on Monday, July 13th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.27.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.