Netflix (NASDAQ:NFLX) Stock Purchase Disclosed by Rep. Cleo Fields

Key Points

• Rep. Cleo Fields purchased between $1,001 and $15,000 of Netflix shares on September 14 in a Morgan Stanley–E*TRADE account. He also reported purchases of Alphabet, Microsoft, Apple and Taiwan Semiconductor shares.
• Netflix shares opened at $67.06, near their 12-month low of $65.08 and below both their 50-day and 200-day moving averages. Analysts maintain a consensus “Moderate Buy” rating, with an average price target of $95.27.
• Netflix faces mixed investor sentiment: growth initiatives in live programming, games and advertising offer potential upside, but slowing viewership, competition from YouTube and recent stock declines remain concerns ahead of its October 20 earnings report.

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 Performance

Shares of NFLX stock opened at $67.06 on Friday. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $124.86. The company's fifty day simple moving average is $75.73 and its 200-day simple moving average is $82.25. The firm has a market cap of $279.23 billion, a PE ratio of 21.11, a P/E/G ratio of 0.96 and a beta of 1.62. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analysts' expectations of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company's revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.72 EPS. Equities research analysts expect that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on NFLX shares. New Street Research increased their price objective on Netflix from $96.00 to $102.00 and gave the stock a "neutral" rating in a research report on Friday, July 17th. HSBC cut shares of Netflix from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $96.00 to $76.00 in a research report on Tuesday, September 22nd. Weiss Ratings reissued a "hold (c)" rating on shares of Netflix in a report on Tuesday, September 22nd. Bank of America lowered their target price on Netflix from $125.00 to $105.00 and set a "buy" rating for the company in a report on Friday, July 17th. Finally, Jefferies Financial Group dropped their target price on Netflix from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $95.27.

Insider Buying and Selling at Netflix

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the company's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total value of $2,003,335.20. Following the sale, the chief executive officer directly owned 178,954 shares of the company's stock, valued at $13,126,275.90. This represents a 13.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard N. Barton sold 720 shares of the business's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total transaction of $54,194.40. Following the transaction, the director owned 2,460 shares of the company's stock, valued at $185,164.20. This represents a 22.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 179,045 shares of company stock valued at $13,132,194. Company insiders own 1.24% of the company's stock.

Institutional Trading of Netflix

A number of hedge funds have recently bought and sold shares of the business. Miller Global Investments LLC raised its stake in Netflix by 174.0% in the third quarter. Miller Global Investments LLC now owns 1,096 shares of the Internet television network's stock valued at $76,000 after buying an additional 696 shares during the last quarter. Polaris Financial Partners acquired a new position in shares of Netflix during the third quarter valued at about $2,677,000. Boltwood Capital Management raised its position in shares of Netflix by 4.2% in the 3rd quarter. Boltwood Capital Management now owns 6,929 shares of the Internet television network's stock valued at $482,000 after purchasing an additional 282 shares during the last quarter. CX Institutional boosted its stake in Netflix by 7.8% in the 3rd quarter. CX Institutional now owns 25,098 shares of the Internet television network's stock worth $1,746,000 after purchasing an additional 1,808 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in Netflix by 25.1% during the 3rd quarter. Versant Capital Management Inc now owns 15,533 shares of the Internet television network's stock worth $1,081,000 after purchasing an additional 3,119 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

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.

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.

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