Richard Barton Sells 720 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) Director Richard Barton sold 720 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total value of $54,194.40. Following the transaction, the director owned 2,460 shares of the company’s stock, valued at $185,164.20. The trade was a 22.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Netflix Stock Performance

Shares of Netflix stock opened at $77.40 on Friday. The stock has a market cap of $322.29 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 1.07 and a beta of 1.53. The firm’s 50-day moving average is $75.71 and its 200 day moving average is $84.38. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $124.86. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter worth $25,000. Cornerstone Financial Management LLC purchased a new stake in Netflix during the fourth quarter valued at $26,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Netflix during the second quarter valued at $26,000. Atlas Capital Advisors Inc. bought a new position in Netflix in the fourth quarter valued at about $26,000. Finally, Jessup Wealth Management Inc bought a new position in Netflix in the fourth quarter valued at about $27,000. Institutional investors own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is benefiting from strong digital viewing and higher content consumption, supporting the broader outlook for broadcast, television and streaming companies. Broadcast and TV industry outlook
• Positive Sentiment: The company plans longer theatrical releases for six upcoming films and will report their box-office revenue, potentially creating an additional monetization channel and improving the economics of its film business. Netflix theatrical release strategy
• Positive Sentiment: Analysts continue to highlight Netflix’s advertising-tier potential, with one forecast calling for advertising revenue to surpass $6 billion in 2027. This would support growth beyond subscriptions if execution meets expectations.
• Neutral Sentiment: Options-market activity has attracted attention, but the available report does not identify a clear bullish or bearish positioning signal. Netflix options activity
• Neutral Sentiment: Director Richard Barton sold 720 shares worth about $54,194 under a pre-arranged Rule 10b5-1 plan. The relatively small, scheduled transaction offers limited insight into management’s current outlook. Netflix director stock sale
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short ratio, an apparently inconsistent figure that provides no meaningful trading signal.
• Negative Sentiment: Florida sued Netflix for billions, alleging that it misled families and tracked children’s data for advertising. The case could create legal costs, reputational damage and uncertainty around the economics of the company’s fastest-growing advertising business. Florida lawsuit over Netflix children’s data
• Negative Sentiment: Recent commentary raised concerns about a weak second-quarter outlook and slowing demand momentum compared with some major media competitors. Netflix outlook concerns
• Negative Sentiment: A poll found that most Canadians support requiring streaming services to fund local content, signaling possible additional production obligations and regulatory costs for Netflix in Canada. Canadian streaming regulation

Analyst Ratings Changes

NFLX has been the subject of several analyst reports. Jefferies Financial Group reduced their price target on shares of Netflix from $110.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, July 17th. Phillip Securities raised Netflix from a “moderate buy” rating to a “strong-buy” rating and set a $110.00 price objective on the stock in a research report on Sunday, July 19th. Moffett Nathanson cut their target price on Netflix from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Morgan Stanley reissued an “overweight” rating and issued a $90.00 target price (down from $115.00) on shares of Netflix in a report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $110.00 price target on Netflix in a research note on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $96.65.

Netflix Company Profile

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.