In a filing, Netflix Inc revealed its Chief Financial Officer Neumann Spencer Adam unloaded Company’s shares for reported $2.55 million on Mar 03 ’25. In the deal valued at $982.05 per share,2,601 shares were sold. As a result of this transaction, Neumann Spencer Adam now holds 3,691 shares worth roughly $3.29 million.
Then, HASTINGS REED sold 30,485 shares, generating $29,933,920 in total proceeds. Upon selling the shares at $981.92, the Executive Chairman now owns 394 shares.
Before that, SPENCER NEUMANN bought 2,601 shares. Netflix Inc shares valued at $2,550,437 were divested by the Officer at a price of $980.56 per share.
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 fall -1.68% to $891.11. Over the last five days, the stock has lost -9.12%. Netflix Inc shares have fallen nearly -0.02% since the year began. Nevertheless, the stocks have risen 48.89% over the past one year. While a 52-week high of $1064.50 was reached on 02/14/25, a 52-week low of $542.01 was recorded on 01/14/25. SMA at 50 days reached $950.09, while 200 days put it at $779.50.
Levels Of Support And Resistance For NFLX Stock
The 24-hour chart illustrates a support level at 864.49, which if violated will result in even more drops to 837.87. On the upside, there is a resistance level at 911.31. A further resistance level may holdings at 931.50. The Relative Strength Index (RSI) on the 14-day chart is 33.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -52.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.80%. Stochastics %K at 19.13% indicates the stock is a buying.
