Netflix director Richard Barton sells $162,216 in stock

On August 5, 2026, Netflix director Richard Barton sold shares worth $162,216, according to a recent SEC filing. The transaction was part of a Rule 10b5-1 trading plan that Barton had established on May 4, 2026. He sold 2,160 shares of Netflix common stock at a price of $75.1 per share. Currently, the stock trades at $78.16, showing a slight increase from the sale price, but shares have declined by approximately 37% over the past year.

Despite this, InvestingPro analysis suggests that Netflix is currently undervalued, with a Fair Value indicating potential upside. Analysts are mixed on the company, with some maintaining positive ratings while others have revised earnings downwards. Barton also purchased 2,160 shares of Netflix through the exercise of non-qualified stock options on the same date, acquiring these at an exercise price of $20.107 per share, which amounted to $43,431.

Following these transactions, Barton now owns directly 246 shares of Netflix common stock, plus an additional 80 shares indirectly held through Barton Ventures II, LLC, where he serves as the sole managing member.