Netflix Inc (NFLX) CEO Reed Hastings Sold $11 million of Shares

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Oct 23, 2019
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CEO of Netflix Inc (30-Year Financial, Insider Trades) Reed Hastings (insider trades) sold 40,061 shares of NFLX on 10/21/2019 at an average price of $275.64 a share. The total sale was $11 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 $116.88 billion; its shares were traded at around $266.69 with a P/E ratio of 85.20 and P/S ratio of 6.37. Netflix Inc had annual average EBITDA growth of 40.90% over the past ten years. GuruFocus rated Netflix Inc the business predictability rank of 4.5-star. GuruFocus has detected 2 severe warning signs with Netflix Inc. .

CEO Recent Trades:

  • CEO Reed Hastings sold 40,061 shares of NFLX stock on 10/21/2019 at the average price of $275.64. The price of the stock has decreased by 3.25% since.
  • CEO Reed Hastings sold 43,372 shares of NFLX stock on 09/23/2019 at the average price of $266.57. The price of the stock has increased by 0.05% since.

For the complete insider trading history of NFLX, click here

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