Netflix Inc’s recently made public that its Co-CEO Peters Gregory K unloaded Company’s shares for reported $4.73 million on Feb 13 ’25. In the deal valued at $1035.00 per share,4,570 shares were sold. As a result of this transaction, Peters Gregory K now holds 12,950 shares worth roughly $ 13.71 million.
Then, Peters Gregory K bought 4,570 shares, generating $4,729,950 in total proceeds.
Before that, Peters Gregory K sold 4,939 shares. Netflix Inc shares valued at $5,087,170 were divested by the Co-CEO at a price of $1030.00 per share. As a result of the transaction, Peters Gregory K now holds 12,950 shares, worth roughly $13.71 million.
Bernstein upgraded its Netflix Inc [NFLX] rating to an Outperform from a a Mkt perform in a research note published on January 24, 2025; the price target was increased to $1200 from $975. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late January from “a Peer perform” to “an Outperform”. The Benchmark Company also remained covering NFLX and has increased its forecast on January 22, 2025 with a “Hold” recommendation from previously “Sell” rating. Rosenblatt revised its rating on January 22, 2025. It rated NFLX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NFLX
On Friday, Netflix Inc [NASDAQ:NFLX] saw its stock jump 1.43% to $1058.60. Over the last five days, the stock has gained 4.41%. Netflix Inc shares have risen nearly 18.77% since the year began. Nevertheless, the stocks have risen 90.90% over the past one year. While a 52-week high of $1045.99 was reached on 02/14/25, a 52-week low of $542.01 was recorded on 01/14/25. SMA at 50 days reached $931.57, while 200 days put it at $752.58.
Levels Of Support And Resistance For NFLX Stock
The 24-hour chart illustrates a support level at 1,045.36, which if violated will result in even more drops to 1,032.12. On the upside, there is a resistance level at 1,068.17. A further resistance level may holdings at 1,077.74. The Relative Strength Index (RSI) on the 14-day chart is 75.62, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 37.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.50%. Stochastics %K at 94.86% indicates the stock is a selling.
How much short interest is there in Netflix Inc?
A steep rise in short interest was recorded in Netflix Inc stocks on 2025-01-31, dropping by -0.57 million shares to a total of 6.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 6.9 million shares. There was a decline of -8.99%, which implies that there is a negative sentiment for the stock.
