Rep. Cleo Fields Buys Netflix, Inc. (NASDAQ:NFLX) Stock

Representative Cleo Fields (D-Louisiana) recently bought shares of Netflix, Inc. (NASDAQ:NFLX). In a filing disclosed on February 03rd, the Representative disclosed that they had bought between $50,001 and $100,000 in Netflix stock on January 20th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

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

• Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 1/8/2026.
• Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/26/2025.
• Sold $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 12/26/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/15/2025.
• Sold $1,001 – $15,000 in shares of SoundHound AI (NASDAQ:SOUN) on 12/15/2025.

Netflix Trading Up 0.3%

Shares of Netflix stock opened at $80.16 on Thursday. The company has a market capitalization of $338.45 billion, a P/E ratio of 31.72, a price-to-earnings-growth ratio of 1.42 and a beta of 1.71. The stock has a fifty day simple moving average of $92.27 and a 200 day simple moving average of $108.90. Netflix, Inc. has a 12-month low of $79.22 and a 12-month high of $134.12. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the business posted $0.43 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NFLX has been the subject of a number of recent research reports. KGI Securities raised Netflix from a “neutral” rating to an “outperform” rating and set a $135.00 target price for the company in a research report on Monday, November 3rd. Guggenheim decreased their price objective on Netflix from $145.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Arete Research boosted their price objective on Netflix from $83.30 to $108.40 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. New Street Research cut their target price on shares of Netflix from $100.00 to $96.00 and set a “neutral” rating for the company in a research report on Thursday, January 22nd. Finally, Morgan Stanley set a $110.00 target price on shares of Netflix and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $116.17.

Insider Buying and Selling at Netflix

In other news, Director Reed Hastings sold 390,970 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.63, for a total value of $32,696,821.10. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at $329,502.20. The trade was a 99.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gregory K. Peters sold 105,781 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total value of $8,773,476.14. Following the completion of the sale, the chief executive officer directly owned 122,140 shares in the company, valued at approximately $10,130,291.60. This represents a 46.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,353,740 shares of company stock worth $126,150,583. Insiders own 1.37% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Ad-revenue strength — Reports say Netflix’s ad business has surged (cited near $1.5B), supporting revenue diversification and margin expansion that underpin the company’s growth story. Netflix’s Ad Revenue Surges to $1.5 Billion
• Positive Sentiment: Analyst support — Recent upgrades (e.g., Freedom Capital Markets) and some buy ratings can attract buyers on pullbacks and provide technical support. Freedom Capital Markets Upgrades Netflix
• Neutral Sentiment: Political risk reduced — President Trump said he will stay out of the Netflix–Paramount/Skydance fight over Warner Bros, removing one layer of headline political interference (but not regulatory antitrust risk). Trump says he will stay out of Netflix-Paramount fight
• Neutral Sentiment: Deal process update — Reports suggest procedural steps (possible WBD shareholder vote in March) keep the acquisition timeline active but do not resolve regulatory hurdles. Warner Bros. Discovery vote on Netflix deal likely to be held in March
• Neutral Sentiment: Options positioning — “Max pain” analysis points to ~\$88 by Feb. 20, meaning short-term option flows could amplify intraday moves but this is not a fundamental change. Netflix Max Pain Points to a Price of $88
• Negative Sentiment: Intensifying regulatory/antitrust scrutiny — Co‑CEO Ted Sarandos faced tough questioning in a U.S. Senate hearing about the ~$82.7B Warner Bros. deal; lawmakers across parties flagged competition, pricing and labor concerns, increasing the risk of delays, conditions or a block. Netflix co‑CEO faces grilling by US Senate panel
• Negative Sentiment: Large insider selling — Director Reed Hastings sold ~390,970 shares (~$32.7M), cutting his stake dramatically; big insider exits can spook investors even if explained as diversification. Reed Hastings Insider Sale
• Negative Sentiment: Industry friction & reputational risk — German voice actors launched a boycott over AI-training clauses, and coverage emphasizes talent, pricing and consumer concerns tied to the merger. German voice actors boycott Netflix
• Negative Sentiment: Analyst targets trimmed — Some price-target cuts and downgrades have appeared amid share weakness, signaling reduced near-term upside from parts of the sell-side. Netflix price target decreased

Institutional Investors Weigh In On Netflix

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Financial Corp IN boosted its position in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. grew its position in shares of Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 268 shares during the period. Imprint Wealth LLC bought a new position in shares of Netflix in the 3rd quarter worth about $25,000. Finally, Retirement Wealth Solutions LLC purchased a new position in Netflix during the 3rd quarter valued at about $28,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

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.

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.