Netflix (NASDAQ:NFLX) Stock Purchase Revealed by Rep. Cleo Fields

04 Oct 2026, 06:02 by Mitch Edgeman · The Markets Daily

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Netflix, Inc. (NASDAQ:NFLX). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Netflix stock on September 14th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #1” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/14/2026.
Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/10/2026.
Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 9/8/2026.
Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/13/2026.
Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 7/10/2026.

Netflix Stock Down 1.2%

Netflix stock opened at $67.06 on Friday. The stock has a market cap of $279.23 billion, a P/E ratio of 21.11, a P/E/G ratio of 0.95 and a beta of 1.62. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $124.86. The company’s 50-day moving average price is $75.73 and its two-hundred day moving average price is $82.25.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company had revenue of $12.56 billion during the quarter, compared to analysts’ expectations of $12.58 billion. During the same quarter in the previous year, the company posted $0.72 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. As a group, analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Analyst Ratings Changes

NFLX has been the subject of several recent research reports. China Renaissance reduced their price target on Netflix from $100.00 to $80.00 and set a “hold” rating for the company in a research note on Friday, July 17th. Sanford C. Bernstein initiated coverage on Netflix in a research report on Monday, September 28th. They set a “buy” rating on the stock. Stephens began coverage on Netflix in a report on Friday, July 17th. They set an “overweight” rating for the company. Citigroup reissued a “market perform” rating on shares of Netflix in a research report on Monday, August 17th. Finally, China Intl Cap upgraded shares of Netflix to a “strong-buy” rating in a research note on Tuesday, July 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $95.27.

Get Our Latest Research Report on Netflix

Institutional Investors Weigh In On Netflix

Several institutional investors and hedge funds have recently bought and sold shares of NFLX. Cornerstone Financial Management LLC acquired a new stake in shares of Netflix during the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in Netflix during the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. raised its position in Netflix by 2,284.6% during the fourth quarter. Evolution Wealth Management Inc. now owns 310 shares of the Internet television network’s stock valued at $29,000 after purchasing an additional 297 shares in the last quarter. Compound Global Advisors LLC acquired a new position in Netflix during the second quarter valued at approximately $29,000. Finally, Burnham & Co LLC bought a new stake in Netflix during the second quarter worth $29,000. Institutional investors own 80.93% of the company’s stock.

Insider Transactions at Netflix

In related news, Director Richard N. Barton sold 720 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the sale, the director directly owned 2,460 shares of the company’s stock, valued at $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is owned by insiders.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Deutsche Bank upgraded Netflix to Buy, arguing that investors may be underestimating the company’s international growth opportunity. The analyst also sees artificial intelligence as more likely to support Netflix than disrupt it, despite lowering the price target. Netflix Stock Just Got a Stunning Upgrade After a Brutal 2026 Selloff
Positive Sentiment: Netflix is expanding live programming, games, video podcasts and its advertising tier to increase viewing and diversify growth. These initiatives could help counter YouTube and improve engagement over time. Netflix Leans on Live TV as YouTube Competition Threatens Growth, Analysts Weigh In
Neutral Sentiment: Netflix is scheduled to report third-quarter results on October 20. The stock has declined after each of its past four reports, with three of those drops driven primarily by forward guidance rather than the reported quarter, increasing the importance of management’s outlook. Netflix Reports Oct. 20. Its Stock Has Fallen After Each of Its Last 4 Reports.
Negative Sentiment: Co-CEO Ted Sarandos acknowledged that Netflix is not growing as quickly as he wants. Viewership increased only 2% during the first half of 2026, raising concerns that the company is struggling to sustain engagement. Netflix co-CEO says streaming giant isn’t growing as fast as he wants
Negative Sentiment: Analysts have cited Netflix’s loss of attention to YouTube, weak engagement trends and its worst Emmy showing in a decade. Investors are also questioning whether newer initiatives are diluting focus from the original programming that drives the platform. Why Netflix Lost 14% in September
Negative Sentiment: The stock has fallen sharply during 2026, while its price-to-earnings multiple has contracted about 40% since the start of the year. The valuation reset reflects investor concern that Netflix’s strongest growth phase may be ending.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Netflix Company Profile

(Get Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.