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

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 Stock Up 0.9%

NFLX stock opened at $80.87 on Friday. The stock’s 50 day simple moving average is $91.77 and its 200 day simple moving average is $108.62. The company has a market cap of $341.45 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 1.42 and a beta of 1.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. Netflix, Inc. has a fifty-two week low of $79.22 and a fifty-two week high of $134.12.

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

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Trump says he will stay out of the Netflix/Warner Bros. bidding fight, reducing the risk of political intervention and prompting a positive market reaction to the deal process. Trump says he will stay out
• Positive Sentiment: Bullish commentary argues Netflix is an attractive buy here — analysts and columnists highlight lower share prices, diversified ad revenue and long‑term growth vectors (estimated multi‑$100B opportunity) that could support upside from current levels. Netflix’s $140 Billion Opportunity
• Neutral Sentiment: Deal process moving forward — reports say a Warner Bros. shareholder vote could be scheduled for March; that keeps the acquisition timeline active but doesn’t resolve regulatory or antitrust risk. Shareholder vote likely in March
• Neutral Sentiment: Options “max pain” data points to ~$88 by Feb. 20 — a technical/short‑term signal that can amplify intraday moves but isn’t a fundamental valuation change. Max pain at $88
• Negative Sentiment: Co‑CEO Ted Sarandos faced tough questioning in a Senate hearing on the Warner Bros. deal and antitrust risks remain front‑and‑center — increased regulatory scrutiny raises the chance of delays, remedies or a block, which would be a material negative for the merger thesis. Senate antitrust scrutiny
• Negative Sentiment: Large insider selling — director Reed Hastings disclosed a ~391k‑share sale (~$32.7M), a move that often spooks investors and can pressure the stock even if proceeds are for diversification. Reed Hastings insider sale
• Negative Sentiment: Competitive threat from large AI/video platforms (profiled as a “$1T AI superstar”) and ongoing content/talent frictions (e.g., voice‑actor boycotts) highlight secular pressure on viewer attention and potential production/headcount risks. AI competitor eating Netflix’s lunch

Insider Buying and Selling

In related news, Director Reed Hastings sold 426,290 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total transaction of $39,078,004.30. Following the sale, the director directly owned 3,940 shares in the company, valued at approximately $361,179.80. The trade was a 99.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 105,781 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 122,140 shares of the company’s stock, valued at approximately $10,130,291.60. This represents a 46.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,353,740 shares of company stock valued at $126,150,583 in the last ninety days. 1.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

NFLX has been the subject of several analyst reports. Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a research note on Thursday, January 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Netflix in a research report on Wednesday, January 21st. President Capital upgraded Netflix from a “neutral” rating to a “buy” rating and set a $130.00 price target on the stock in a report on Monday, November 3rd. Arete Research upped 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $98.00 target price (up from $95.00) on shares of Netflix in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $116.17.

Institutional Investors Weigh In On Netflix

Several large investors have recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its holdings in Netflix by 2.1% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 448 shares of the Internet television network’s stock worth $600,000 after buying an additional 9 shares during the period. One Day In July LLC raised its holdings in Netflix by 3.3% during the 2nd quarter. One Day In July LLC now owns 278 shares of the Internet television network’s stock valued at $372,000 after acquiring an additional 9 shares during the period. Able Wealth Management LLC lifted its position in shares of Netflix by 1.2% during the second quarter. Able Wealth Management LLC now owns 763 shares of the Internet television network’s stock worth $1,022,000 after acquiring an additional 9 shares in the last quarter. One Wealth Capital Management LLC lifted its position in shares of Netflix by 0.5% during the second quarter. One Wealth Capital Management LLC now owns 1,767 shares of the Internet television network’s stock worth $2,366,000 after acquiring an additional 9 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Netflix by 3.1% in the second quarter. Bell Investment Advisors Inc now owns 298 shares of the Internet television network’s stock worth $399,000 after acquiring an additional 9 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

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.