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

Netflix, Inc. (NASDAQ:NFLX) Director Richard Barton sold 720 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the transaction, the director directly owned 2,460 shares in the company, valued at $185,164.20. The trade was a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Netflix Stock Performance

NASDAQ NFLX opened at $76.01 on Friday. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $125.34. The stock has a market cap of $316.50 billion, a PE ratio of 23.93, a P/E/G ratio of 1.07 and a beta of 1.53. The firm has a 50-day moving average of $75.72 and a 200-day moving average of $84.43. 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 (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the previous year, the firm posted $0.72 EPS. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NFLX shares. President Capital lowered their price objective on Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Itau BBA Securities decreased their price target on Netflix from $151.40 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Oppenheimer set a $85.00 price objective on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, July 17th. Robert W. Baird set a $90.00 target price on shares of Netflix and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price target (up from $84.00) on shares of Netflix in a report on Tuesday, August 25th. Four investment 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 assigned a Sell rating to the company. According to MarketBeat, Netflix has an average rating of “Moderate Buy” and an average target price of $96.65.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s Pershing Square reportedly established a sizable Netflix position after exiting its remaining Alphabet stake, providing a prominent investor vote of confidence in Netflix’s growth and advertising strategy. Bill Ackman’s Netflix investment
• Positive Sentiment: Netflix is expanding the theatrical release strategy for six upcoming films and plans to report their box-office revenue, potentially creating an additional revenue stream and improving film economics. Netflix theatrical strategy
• Positive Sentiment: A forecast that Netflix’s advertising business could exceed $6 billion in 2027 highlights significant monetization potential from its ad-supported tier. Netflix advertising forecast
• Positive Sentiment: The international success of the South African film “The Polygamist” is supporting Netflix’s pipeline of local-language content and may strengthen engagement in overseas markets. The Polygamist success
• Neutral Sentiment: Netflix’s revenue growth and operating margins have outperformed most major media competitors, but its shares have still fallen substantially over the past year; analysts say the stock may not yet be inexpensive. Netflix growth and valuation analysis
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short ratio, an internally inconsistent figure that offers no meaningful signal about investor positioning.
• Negative Sentiment: Florida sued Netflix, seeking billions in damages and alleging that the company misled families and improperly collected children’s data. The action raises potential legal costs, reputational risk and regulatory scrutiny. Florida lawsuit against Netflix
• Negative Sentiment: Investor commentary cited a weak second-quarter outlook and consumer data suggesting Netflix’s demand growth is slowing relative to Warner Bros. Discovery and Disney. Netflix outlook concerns
• Negative Sentiment: Canadian viewers broadly support requiring streamers to fund local content, signaling possible additional regulatory obligations and production costs in an important market. Canadian streaming regulation
• Negative Sentiment: Director Richard Barton sold 720 shares under a pre-arranged Rule 10b5-1 plan. The transaction is relatively small but may add modestly to selling pressure. Netflix director stock sale

Institutional Trading of Netflix

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NFLX. Van Hulzen Asset Management LLC boosted its position in shares of Netflix by 31.6% during the second quarter. Van Hulzen Asset Management LLC now owns 17,175 shares of the Internet television network’s stock valued at $1,226,000 after buying an additional 4,120 shares during the last quarter. Scholtz & Company LLC increased its position in shares of Netflix by 3.5% during the 2nd quarter. Scholtz & Company LLC now owns 54,213 shares of the Internet television network’s stock valued at $3,871,000 after purchasing an additional 1,847 shares during the last quarter. National Pension Service raised its stake in shares of Netflix by 2.8% during the 2nd quarter. National Pension Service now owns 9,718,007 shares of the Internet television network’s stock worth $693,866,000 after purchasing an additional 262,088 shares during the period. Engineers Gate Manager LP boosted its holdings in shares of Netflix by 954.0% in the 2nd quarter. Engineers Gate Manager LP now owns 67,520 shares of the Internet television network’s stock worth $4,821,000 after buying an additional 61,114 shares during the last quarter. Finally, Cidel Asset Management Inc. boosted its holdings in shares of Netflix by 45.4% in the 2nd quarter. Cidel Asset Management Inc. now owns 184,045 shares of the Internet television network’s stock worth $13,141,000 after buying an additional 57,500 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

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.