Netflix co-CEO Gregory Peters sells $1.74 million of stock

On November 9, 2026, Netflix's Co-CEO and Director Gregory K. Peters sold 27,312 shares of the company's common stock, amounting to $1,737,551. The shares exchanged hands at prices between $63.6100 and $63.6450, with a weighted average sale price of $63.6186 per share. After the transaction, Peters still holds 119,412 shares of Netflix common stock.

The stock is trading near its 52-week low of $61.39, having dropped by 44% over the past year. Analysts suggest that Netflix's stock is undervalued, with a Fair Value indicating significant upside potential. In the third quarter, Netflix reported revenue of $12.87 billion, meeting analyst expectations and surpassing company guidance.

However, their fourth-quarter guidance appears more cautious, partially due to one-time expenses. This has led to mixed reactions from analysts, some maintaining a Buy rating and others adjusting price targets downwards.