Netflix Inc (NFLX) CEO Reed Hastings Sold $23.9 million of Shares

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May 21, 2020
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CEO of Netflix Inc (30-Year Financial, Insider Trades) Reed Hastings (insider trades) sold 53,193 shares of NFLX on 05/20/2020 at an average price of $449.23 a share. The total sale was $23.9 million.

Netflix Inc provides multimedia content through the internet. It provides a subscription based platform for television shows, movies and original series. Netflix Inc has a market cap of $191.86 billion; its shares were traded at around $436.25 with a P/E ratio of 88.31 and P/S ratio of 9.21. Netflix Inc had annual average EBITDA growth of 39.40% over the past ten years. GuruFocus rated Netflix Inc the business predictability rank of 4.5-star. GuruFocus has detected 1 severe warning sign with Netflix Inc. .

CEO Recent Trades:

  • CEO Reed Hastings sold 53,193 shares of NFLX stock on 05/20/2020 at the average price of $449.23. The price of the stock has decreased by 2.89% since.

Directors and Officers Recent Trades:

  • Chief Product Officer Gregory K Peters sold 5,366 shares of NFLX stock on 05/14/2020 at the average price of $450. The price of the stock has decreased by 3.06% since.
  • Director Anne M Sweeney sold 1,500 shares of NFLX stock on 05/14/2020 at the average price of $450. The price of the stock has decreased by 3.06% since.
  • Director Jay C Hoag sold 3,789 shares of NFLX stock on 04/24/2020 at the average price of $418.64. The price of the stock has increased by 4.21% since.

For the complete insider trading history of NFLX, click here

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