Netflix (NASDAQ:NFLX) Stock Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Netflix, Inc. NASDAQ: NFLX. In a filing disclosed on February 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Netflix stock on January 22nd. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
• Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.

Netflix Price Performance

NFLX traded up $14.91 on Friday, hitting $1,058.60. 3,142,383 shares of the company's stock were exchanged, compared to its average volume of 4,673,093. Netflix, Inc. has a fifty-two week low of $542.01 and a fifty-two week high of $1,064.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $929.40 and a 200-day moving average price of $804.02. The stock has a market cap of $452.83 billion, a price-to-earnings ratio of 53.38, a P/E/G ratio of 2.11 and a beta of 1.27.

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Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.20 by $0.07. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The company had revenue of $10.25 billion for the quarter, compared to analysts' expectations of $10.14 billion. During the same quarter in the previous year, the company posted $2.11 EPS. The firm's quarterly revenue was up 16.0% on a year-over-year basis. As a group, equities analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Activity

In related news, CAO Jeffrey William Karbowski sold 160 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $1,000.00, for a total transaction of $160,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory K. Peters sold 102,228 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $980.74, for a total value of $100,259,088.72. Following the sale, the chief executive officer now directly owns 12,950 shares of the company's stock, valued at approximately $12,700,583. This represents a 88.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 303,809 shares of company stock valued at $290,374,484. 1.76% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Netflix

Several large investors have recently modified their holdings of NFLX. RPg Family Wealth Advisory LLC acquired a new stake in shares of Netflix in the third quarter valued at approximately $25,000. Pathway Financial Advisers LLC boosted its holdings in shares of Netflix by 82.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock valued at $27,000 after acquiring an additional 14 shares during the period. Transce3nd LLC acquired a new stake in shares of Netflix in the fourth quarter valued at approximately $32,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Netflix by 700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network's stock valued at $34,000 after acquiring an additional 42 shares during the period. Finally, Newton One Investments LLC acquired a new stake in shares of Netflix in the fourth quarter valued at approximately $34,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on NFLX shares. Evercore ISI boosted their price target on shares of Netflix from $950.00 to $1,100.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Jefferies Financial Group upped their target price on shares of Netflix from $780.00 to $800.00 and gave the company a "buy" rating in a research report on Friday, October 18th. Argus upped their target price on shares of Netflix from $840.00 to $1,040.00 and gave the company a "buy" rating in a research report on Monday, January 6th. Robert W. Baird upped their target price on shares of Netflix from $875.00 to $1,200.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Finally, Seaport Res Ptn raised shares of Netflix from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 15th. Ten research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Netflix presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,021.70.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Netflix Company Profile

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.