Neumann Spencer Adam

Netflix CFO Neumann sells ~9,250 shares worth $823K as stock trades well below recent highs

CFO Spencer Adam Neumann sold approximately 9,250 shares of Netflix stock on this date, representing a modest reduction (roughly 11 percent) of his holdings at a time when the company is profitable with strong revenue growth but the stock is trading significantly below its recent highs. His track record with Netflix shows mixed results: his prior sales had outcomes split between those where the stock rose afterward (suggesting poor timing) and others where it declined (well-timed exits), with similar patterns visible across both short and long-term horizons. The sale itself is neither particularly large nor concentrated within a short window—this is his most recent transaction following an earlier sale last month—but the pattern of consistent dispositions over recent months, combined with the stock's current depressed price position, suggests neither panic selling nor a flush-away-the-weakness buying moment.

CFO Neumann sells 28.6K NFLX shares at $98.00, reducing stake by 28.0% to 73.8K shares; stock now -26.3% from 52-week high.

CFO Spencer Adam Neumann sold 28,630 shares valued at $2,805,740.00, reducing his post-transaction holdings from 102,417 to 73,787 shares—a 28.0% reduction in position size. The sale occurred at $98.00, and the stock currently trades at $98.66, having fallen -26.3% from its 52-week high of $133.91. Across Neumann's cross-ticker insider history, his 20 prior sales posted an average 90-day return of -92.4% with a 100.00% well-timed rate, indicating his past sells have consistently preceded stock declines. At NFLX specifically, his most recent comparable sale (2025-11-03) showed a 90-day return of -92.4%, continuing the pattern of downside that followed that trade. The current sale occurs while Netflix trades significantly below its recent peak, and the timing aligns with his documented track record of selling ahead of declines.

Netflix CFO Neumann sells 28,630 shares at $97.00; stock now $97.70. Following pattern of measurable well-timed exits at NFLX.

On 2026-03-02, Neumann Spencer Adam (Chief Financial Officer) sold 28,630 shares of Netflix at $97.00 for $2,777,110.00, reducing his holdings from 102,417 to 73,787 shares. This represents a -28.0% reduction in his position. The current stock price of $97.70 sits -27.0% from the 52-week high of $133.91 and has declined -6.0% over the past 90 days, despite a +17.0% gain in the past 30 days. Across his prior trades at NFLX, Neumann has executed 5 transactions, with 2 of 2 measurable sales showing negative 90-day returns (-90.6% and -92.4%), indicating a 100% well-timed rate on this ticker. His cross-ticker track record spans 20 prior sells with an average 90-day return of -92.4% and a well-timed rate of 100%, establishing a consistent pattern of exiting before declines. The company's fundamentals remain solid (revenue $11,510,307,000.00, net income $2,546,916,000.00, annual growth +15.8%), but the P/E of 32.46 sits elevated. This sale follows a cluster of sales at the same ticker on 2026-02-27 and 2026-02-06, suggesting sustained directional positioning over a concentrated window.

Netflix CFO Neumann sells 57,260 shares for $5,468,330.00; 90-day sell-timing rate 100.00% historically

CFO Neumann Spencer Adam sold 57,260 shares (57.3K shares) through 2 separate sales on 2026-02-27 at blended average price $95.50 for total proceeds $5,468,330.00, reducing his holdings by -43.7% to 73,787 shares post-transaction. His cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 100.00%, indicating stocks consistently declined after his sales; at NFLX specifically, all 3 prior measurable sales (from 2025-11-03) exhibited -90.5% to -92.4% 90-day returns, consistent with that timing pattern. The current price of $97.09 stands -27.5% from the 52-week high of $133.91, though the 30-day change is +16.3%, placing the sale within a window of recent strength but off recent peaks. The combination of substantial position reduction (57.3K shares) and a demonstrated pattern of well-timed exits at this ticker merits investor attention to underlying factors that may inform this insider's decision.

CFO Neumann sells 9,248 NFLX shares at $81.27; stock down 28.3% in 90 days; prior NFLX sales 5 of 5 well-timed.

Neumann Spencer Adam, Chief Financial Officer, sold 9,248 shares at $81.27 on 2026-02-06, reducing holdings by 11.1% to 73,787 shares (total value $751,597.91). The stock has declined 28.3% over the past 90 days and is trading 39.2% below its 52-week high of $133.91. Notably, his prior 5 trades at NFLX were all timed ahead of declines—each posted negative 90-day returns between -90.5% and -92.4%—and across his broader cross-ticker track record, he exhibits a 100.00% well-timed rate on sells with an average 90-day return of -92.4%. The convergence of consistent advance selling before NFLX downturns, large position reduction relative to total holdings, and current significant underwater position warrants attention to whether this pattern continues or reverses.

Netflix CFO Neumann sells 695 shares for $760.2K; stock down -18.0% from 52-week high with 4.4K shares remaining.

Neumann Spencer Adam, Chief Financial Officer, sold 695 shares of NETFLIX INC at $1,093.78 on 2025-11-03 for a total value of $760,177.10, reducing his holdings from 4,376 to 3,681 shares (-15.9% net change). The sale occurred while the stock was -18.0% from its 52-week high of $133.91 and down -5.6% over the past 30 days, suggesting execution against a backdrop of recent weakness. Netflix fundamentals remain solid with $11.5B revenue (up 15.6% year-over-year), $2.5B net income, and a P/E of 4.46, indicating the company is profitable and trading at a low multiple. Neumann's cross-ticker track record shows 20 prior sales across various securities, but outcome measurement of his Netflix-specific timing is not yet available, limiting inference about whether this sale signals forward-looking conviction or reflects portfolio rebalancing needs.

Netflix CFO Neumann sold 2,360 shares ($2.6M) on 2025-11-03; NFLX down 5.2% in 30 days

Neumann Spencer Adam (CFO) executed 29 separate sales totaling 2,360 shares for $2,590,251.20 on a single day, reducing his holdings from 6,291 shares to 3,931 shares (-37.5%). The blended average price of $1,097.56 contrasts sharply with the current price of $109.30, a dramatic divergence that reflects either a major data-source mismatch or significant time-lag in the filing. His prior 20 cross-ticker open-market sales averaged a 30-day return of -90.4%, and his four measurable same-ticker sales in early October also recorded -90.4% to -90.5% 30-day returns. The stock is currently -5.2% over 30 days and -7.2% over 90 days, though 90-day outcomes for this November 3 filing are not yet measurable. The pattern of heavily negative 30-day returns on prior sells at NFLX suggests consistent under-performance timing, though the magnitude of the current price discrepancy warrants verification before drawing conclusions about this specific transaction's outcomes.

CFO Neumann Spencer Adam sells 2,600 shares of NFLX for $3,048,514.99 across 8 transactions on 2025-10-01

Neumann Spencer Adam, CFO of Netflix, executed 8 separate sales totaling 2,600 shares for $3,048,514.99 on 2025-10-01, reducing his holdings by -41.3% from 6,291 to 3,691 shares. The blended average price of $1,172.51 occurs against a current price of $116.25—a significant divergence that warrants clarification as to whether a data anomaly exists or the market has undergone substantial repricing. His prior sales at NFLX (five transactions on 2025-09-02) exhibited a 30-day performance of -90.4%, and his cross-ticker track record shows an average 30-day return of -90.0% across 20 prior sells—indicating that his recent sales have preceded sharp declines. Netflix fundamentals remain solid with $11.1B in quarterly revenue, $3.1B net income, and +15.6% annual revenue growth, though the stock's -10.4% 90-day decline and -13.2% distance from its 52-week high suggest the stock has deteriorated substantially since this transaction date.

Netflix CFO Neumann sells 2,600 shares for $3.1M across 12 transactions; liquidates 41.3% of holdings on single day at blended avg $1,207.76

Neumann Spencer Adam, Netflix's Chief Financial Officer, executed 12 separate sales on 2025-09-02 totaling 2,600 shares for $3,140,167.01, reducing his holdings from 6,291 shares to 3,691 shares (-41.3%). The blended average price of $1,207.76 sits within the 52-week range ($66.58–$133.91) and represents -8.4% from the 52-week high, with the stock up 4.7% over the prior 30 days. His same-ticker history shows 4 prior sells at Netflix on 2025-08-01 and one on 2025-08-06, each with negative 30-day returns (all near -90%), and 0 of 0 prior sells in his cross-ticker open-market history were well-timed at the 90-day mark (average 30d return -90.3%). Netflix's fundamentals remain strong: $11.1B latest-quarter revenue, $3.1B net income, 15.6% annual revenue growth, and a P/E of 5.08. The concentrated, high-volume single-day liquidation of a material position stake, combined with a pattern of poorly-timed prior sales at this same ticker and across all holdings, merits investor scrutiny of the CFO's recent decision-making and the potential signals this sequence may carry.

CFO Neumann sold 685 NFLX shares at $1,161.21 on 2025-08-06; stock now $117.85 (-12.0% from 52-week high).

CFO Spencer Adam Neumann sold 685 shares of Netflix at $1,161.21 on 2025-08-06, reducing his holdings by 15.7% from 4,376 to 3,691 shares. The transaction generated $795,431.73. Netflix's fundamentals remain solid with annual revenue growth of +15.6%, a P/E of 4.89, and net income of $3,125,413,000.00 on revenue of $11,079,166,000.00. However, the stock has declined 8.6% over the past 30 days and is trading 12.0% below its 52-week high of $133.91, now at $117.85. The CFO completed this sale just five days after executing four additional sales on 2025-08-01, suggesting a systematic reduction of position rather than a single portfolio decision. His cross-ticker track record shows 20 prior sales with an average 90-day return of -91.1%, indicating historically poor timing on open-market sales; prior trades at Netflix lack measurable outcomes as they occurred recently.