Oxford Lane Capital completes 1-for-5 reverse stock split
Chief Financial Officer of NETFLIX INC (NASDAQ:NFLX), Spencer Adam Neumann, sold 2,500 shares of common stock on September 2, 2025, for a total of $3.14 million. The sales were executed in multiple transactions with prices ranging from $1188.04 to $1214.95. The transaction comes as Netflix, currently valued at over $515 billion, maintains its position as a prominent player in the entertainment industry. According to InvestingPro data, the stock has delivered an impressive 80% return over the past year.
On the same day, Neumann also acquired 2,600 shares of Netflix common stock through option exercises, for a total value of $746459. The prices for these transactions ranged from $286.81 to $289.29.
Following these transactions, Neumann directly owns 3,691 shares of NETFLIX INC.
These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/29/2024. For deeper insights into Netflix’s valuation metrics and insider trading patterns, investors can access the detailed Pro Research Report available exclusively on InvestingPro.
In other recent news, Netflix has been the focus of several developments that are of interest to investors. The streaming giant’s second-quarter results have prompted Citi to maintain its Neutral rating while raising the price target to $1,295 from $1,259. This adjustment reflects an updated model that incorporates Netflix’s Q2 2025 performance and a revised revenue forecast. Meanwhile, Bernstein has reiterated an Outperform rating on Netflix, setting a price target of $1,390, despite the company’s stock trading below its all-time high. In terms of business operations, Netflix is finalizing a deal to stream the "Home Run Derby" for over $35 million annually through 2028. Additionally, Netflix has adopted Runway AI’s video generation tools for content production, marking a significant technological advancement. This move has sparked discussions in Hollywood about the potential impact of artificial intelligence on industry jobs. Furthermore, Funko Inc. has appointed Josh Simon, a former Netflix executive, as its new CEO, effective September 2025. Simon’s appointment has also landed him a spot on Funko’s Board of Directors.
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