20 Stocks Insiders Were Selling In Q1 2025

5. Netflix, Inc. (NASDAQ:NFLX)

Total value of insider sales in Q1: $556.5 million

Insiders with $1M+ sales: 8

Netflix ranks fifth among 20 stocks insiders were selling in Q1 2025. The Los Gatos, California-based company offers a wide range of entertainment services, including TV series, documentaries, films, and games in various genres and languages. Operating in around 190 countries, the company allows members to stream content through various internet-connected devices.

During the first quarter, 10 insiders, including the co-CEO, and CFO, sold a total of $556.5 million worth of Netflix shares at an average price of $975.92 per share. Currently, the stock trades at $932.53 per share, having gained 4.62% since the beginning of the year, and 51.80% over the past 12 months.

Insider Monkey recently introduced a bull case theory on Netflix stock. In summary, the thesis argues that the company has successfully transformed from a DVD rental service into a global entertainment leader, generating billions in free cash flow thanks to strategic investments, technological innovation, and a scalable subscription model with over 300 million subscribers. The company’s shift to an ad-supported tier has opened a lucrative new revenue stream, while international expansion and localized content, such as Squid Game, have driven growth in over 190 countries. With AI playing a key role in content creation and operational efficiency, Netflix is positioned for continued leadership in the entertainment industry, benefiting from smarter content investments, predictable subscriber growth, and expanding into mobile games and live events. It is expected to generate $8.65 billion in free cash flow by 2025.

According to StockAnalysis, 32 analysts rate Netflix stock as “Buy.” The average price target of $1,205.41 suggests a potential upside of 9.96% from the latest price.