<div id="readability-page-1"><p>Netflix, Inc. (NASDAQ:NFLX - Get Free Report)'s share price gapped down prior to trading on Monday after an insider sold shares in the company. The stock had previously closed at $1,156.49, but opened at $1,114.80. Netflix shares last traded at $1,131.24, with a volume of 2,405,306 shares trading hands.</p><ul><li>Why Spotify Stock Still Has Room to Run in 2025</li></ul><p>Specifically,  Director Reed Hastings sold 26,977 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $1,133.05, for a total value of $30,566,289.85. Following the completion of the sale, the director now owns 394 shares of the company's stock, valued at $446,421.70. This represents a 98.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 2,601 shares of the company's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $1,132.38, for a total transaction of $2,945,320.38. Following the sale, the chief financial officer now directly owns 3,691 shares of the company's stock, valued at approximately $4,179,614.58. This trade represents a 41.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In other Netflix news, Director Jay C. Hoag sold 32,515 shares of the firm's stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $1,101.97, for a total value of $35,830,554.55. Following the transaction, the director now directly owns 79,040 shares of the company's stock, valued at $87,099,708.80. This trade represents a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. </p><h2>Analyst Ratings Changes</h2><p>Several research firms recently commented on NFLX. Canaccord Genuity Group boosted their price target on Netflix from $1,150.00 to $1,200.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, April 21st. Guggenheim  reaffirmed a &#34;buy&#34; rating and set a $1,150.00 price target (up from $1,100.00) on shares of Netflix in a report on Friday, April 18th. Robert W. Baird boosted their price objective on shares of Netflix from $875.00 to $1,200.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, January 22nd. Phillip Securities upgraded Netflix from a &#34;moderate sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, April 21st. Finally, Sanford C. Bernstein upgraded Netflix from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and boosted their price target for the stock from $975.00 to $1,200.00 in a research note on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have issued  a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $1,084.91.</p><ul><li>T-Mobile US: The Un-Carrier Is an Indisputable Buy on the Dip </li></ul><p><b>Get Our Latest Analysis on NFLX</b></p><h2>Netflix Price Performance</h2><p>The business has a fifty day moving average price of $968.34 and a 200 day moving average price of $920.97. The company has a market capitalization of $480.25 billion, a price-to-earnings ratio of 56.99, a price-to-earnings-growth ratio of 2.12 and a beta of 1.55. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22. </p><ul><li>Disney: The Compelling Case for Buying Now Before They Scale Up</li></ul><p>Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping analysts' consensus estimates of $5.74 by $0.87. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The company had revenue of $10.54 billion during the quarter, compared to analyst estimates of $10.51 billion. During the same period in the prior year, the business posted $8.28 EPS.  On average, research analysts expect that  Netflix, Inc. will post 24.58 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On Netflix</h2><p>Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in  Netflix by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network's stock worth $33,413,809,000 after buying an additional 171,712 shares during the last quarter.  FMR LLC grew its holdings in shares of  Netflix by 1.8% in the 4th quarter. FMR LLC now owns 20,887,090 shares of the Internet television network's stock worth $18,617,081,000 after acquiring an additional 375,234 shares during the last quarter.  Geode Capital Management LLC grew its holdings in shares of  Netflix by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 9,323,952 shares of the Internet television network's stock worth $8,287,823,000 after acquiring an additional 175,596 shares during the last quarter.  GAMMA Investing LLC raised its position in shares of  Netflix by 109,524.3% during the first quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network's stock worth $8,239,576,000 after purchasing an additional 8,827,662 shares during the period.  Finally, Norges Bank purchased a new stake in shares of  Netflix during the fourth quarter valued at $5,019,087,000. Institutional investors own  80.93% of the company's stock. </p><h2>Netflix Company Profile</h2> (Get Free Report)<p>Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Netflix</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Amazon: Why The Great Comeback Rally Could Be About to Begin</li><li>Investing in Construction Stocks</li><li>3 Reasons Tesla Should Be a $300 Stock by June</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Warning or Opportunity After Super Micro Computer's Earnings</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Netflix Right Now?</h2><p>Before you consider Netflix, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Netflix wasn't on the list.</p><p>While Netflix currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NFLX

<p>Netflix shares gapped down to $1,114.80 after insider selling, with Director Reed Hastings selling 26,977 shares at $1,133.05. CFO Spencer Neumann sold 2,601 shares at $1,132.38. Analysts have mixed ratings, with a consensus target price of $1,084.91. The company reported $6.61 EPS, exceeding estimates, and had a revenue of $10.54 billion. Large investors like Vanguard and FMR LLC increased their positions in Netflix recently.</p>

- Netflix, Inc. experienced a drop in share price after insider sales, with shares opening at $1,114.80, down from a previous close of $1,156.49.  
- Directors and the CFO sold significant shares, resulting in substantial decreases in their ownership percentages, while analysts have varied opinions on the stock's future performance.  
- Despite recent insider selling, Netflix reported strong quarterly earnings, exceeding analyst expectations, and maintains a market capitalization of $480.25 billion.

Netflix (NASDAQ:NFLX) Shares Gap Down Following Insider Selling