The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Netflix Inc shares valued at $2,554,317 were sold by Neumann Spencer Adam on Mar 03 ’25. At $982.05 per share, Neumann Spencer Adam sold 2,601 shares. The insider’s holdings dropped to 3,691 shares worth approximately $3.66 million following the completion of this transaction.
Also, HASTINGS REED sold 30,485 shares, netting a total of over 29,933,920 in proceeds. Following the sale of shares at $981.92 each, the insider now holds 394 shares.
Before that, SPENCER NEUMANN had added 2,601 shares to its account. In a trade valued at $2,550,437, the Officer bought Netflix Inc shares for $980.56 each.
As published in a research note from Bernstein on January 24, 2025, Netflix Inc [NFLX] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $1200 from $975. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of January 22, 2025, The Benchmark Company has increased its “Sell” rating to a “Hold” for NFLX. Earlier on January 22, 2025, Rosenblatt upgraded its rating. Their new recommendation was “a Buy” for NFLX stock which previously was a “a Neutral”.
Analyzing NFLX Stock Performance
During the last five days, there has been a surge of approximately 0.09%. Over the course of the year, Netflix Inc shares have jumped approximately 11.17%. Shares of the company reached a 52-week high of $1,064.50 on 02/14/25 and a 52-week low of $823.52 on 01/14/25. A 50-day SMA is recorded $950.36, while a 200-day SMA reached $776.67.
Support And Resistance Levels for Netflix Inc (NFLX)
According to the 24-hour chart, there is a support level at 975.07, which, if violated, would cause prices to drop to 959.21. In the upper region, resistance lies at 1,001.19. The next price resistance is at 1,011.45. RSI (Relative Strength Index) is 52.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -24.20, which suggests the price will decrease in the coming days. Percent R is at 63.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
