Netflix (NASDAQ:NFLX) Director Richard Barton Sells 720 Shares

Key Points

• Netflix director Richard Barton sold 720 shares for $55,872 at an average price of $77.60 under a pre-arranged Rule 10b5-1 trading plan, reducing his stake by 22.64% to 2,460 shares.
• Netflix shares traded near $76, with a market capitalization of about $316.6 billion. The company recently beat quarterly EPS expectations slightly, while revenue rose 13.4% year over year but came in just below forecasts.
• Analysts maintain a broadly positive view, with a “Moderate Buy” consensus and an average target price of $96.65; institutional investors own approximately 80.93% of the stock.

Netflix, Inc. (NASDAQ:NFLX - Get Free Report) Director Richard Barton sold 720 shares of the business's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $77.60, for a total transaction of $55,872.00. Following the completion of the sale, the director owned 2,460 shares in the company, valued at $190,896. This represents a 22.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Netflix Price Performance

Shares of NASDAQ NFLX traded down $0.74 during mid-day trading on Wednesday, hitting $76.03. 22,699,297 shares of the company's stock traded hands, compared to its average volume of 43,245,164. The company has a market capitalization of $316.58 billion, a P/E ratio of 23.93, a PEG ratio of 1.10 and a beta of 1.53. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.70. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The company's 50-day moving average is $75.71 and its two-hundred day moving average is $84.45.

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $110.00 target price on Netflix in a research note on Monday, July 20th. KGI Securities lowered shares of Netflix from an "outperform" rating to a "neutral" rating and set a $75.00 target price for the company. in a research note on Friday, July 17th. Robert W. Baird set a $90.00 price target on shares of Netflix and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Rothschild & Co Redburn decreased their price objective on shares of Netflix from $120.00 to $93.00 and set a "buy" rating for the company in a report on Tuesday, July 21st. Finally, Rosenblatt Securities set a $75.00 target price on shares of Netflix and gave the stock a "neutral" rating in a research note on Friday, July 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $96.65.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Pershing Square, led by Bill Ackman, exited its remaining Alphabet position and established a stake in Netflix. The move signals confidence in Netflix’s competitive position and its ability to monetize streaming and advertising with relatively modest capital requirements. Bill Ackman’s surprising $934 million bet after dumping Alphabet
• Positive Sentiment: Analysts and investors continue to describe the pullback as a potential buying opportunity, citing Netflix’s cash-generation profile and what one analysis called its strongest free-cash-flow yield in roughly a decade. Is Netflix a Good Buy?
• Positive Sentiment: Netflix’s advertising business remains a major potential catalyst. A bullish forecast sees ad revenue exceeding $6 billion in 2027, implying substantial upside if the company increases monetization from its ad-supported audience. Prediction: Netflix’s Advertising Business Passes $6 Billion in 2027
• Neutral Sentiment: The global success of the Zulu-language film The Polygamist is supporting Netflix’s South African content pipeline and highlights the potential for locally produced titles to become international hits. The Polygamist surprise success helps spur Netflix South Africa titles
• Neutral Sentiment: Netflix is reportedly opening box-office data for six upcoming films, potentially indicating a broader theatrical strategy that could improve marketing and content economics, though the financial impact remains uncertain. Netflix movie-theater strategy
• Negative Sentiment: LikeFolio consumer data reportedly shows Netflix losing momentum in demand relative to Warner Bros. Discovery and Disney. The signal raises concerns about slowing subscriber or engagement growth and helps explain near-term pressure on the stock. Ca$htag$: NFLX Losing to WBD & DIS in Consumer Demand
• Negative Sentiment: South African regulators are investigating consumer costs for digital streaming services. Potential pricing restrictions or compliance requirements could limit Netflix’s pricing flexibility, although the investigation’s outcome is not yet known. Netflix Faces South Africa Price Probe

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Shepherd Street Advisors LLC acquired a new position in shares of Netflix in the 4th quarter valued at about $2,216,000. University of Texas Texas AM Investment Management Co. increased its position in Netflix by 798.5% during 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 purchasing an additional 37,807 shares in the last quarter. New Mexico Educational Retirement Board raised its holdings in Netflix by 900.0% in the fourth quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network's stock valued at $18,022,000 after buying an additional 172,989 shares during the period. Ritholtz Wealth Management raised its holdings in Netflix by 25.0% in the first quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network's stock valued at $10,235,000 after buying an additional 21,260 shares during the period. Finally, Natixis Advisors LLC lifted its position in Netflix by 797.3% during the fourth quarter. Natixis Advisors LLC now owns 4,989,919 shares of the Internet television network's stock valued at $467,854,000 after buying an additional 4,433,837 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

About Netflix

Netflix, Inc NASDAQ: NFLX is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.

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