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Netflix Inc (NFLX) CEO Reed Hastings Sold $20.6 million of Shares

GuruFocus.com

- By insider

CEO of Netflix Inc (NFLX) Reed Hastings sold 109,214 shares of NFLX on 07/24/2017 at an average price of $188.61 a share. The total sale was $20.6 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 $80.72 billion; its shares were traded at around $186.97 with a P/E ratio of 225.28 and P/S ratio of 8.11. Netflix Inc had annual average EBITDA growth of 6.70% over the past ten years.


CEO Recent Trades:

  • CEO Reed Hastings sold 109,214 shares of NFLX stock on 07/24/2017 at the average price of $188.61. The price of the stock has decreased by 0.87% since.

Directors and Officers Recent Trades:

  • Chief Product Officer Gregory K Peters sold 20,279 shares of NFLX stock on 07/19/2017 at the average price of $180.47. The price of the stock has increased by 3.6% since.

  • Chief Content Officer Theodore A Sarandos sold 168,035 shares of NFLX stock on 07/19/2017 at the average price of $185. The price of the stock has increased by 1.06% since.

  • Chief Communications Officer Jonathan Friedland sold 2,496 shares of NFLX stock on 07/19/2017 at the average price of $182.17. The price of the stock has increased by 2.63% since.

  • Chief Communications Officer Jonathan Friedland sold 2,496 shares of NFLX stock on 07/19/2017 at the average price of $182.17. The price of the stock has increased by 2.63% since.

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 07/18/2017 at the average price of $169.18. The price of the stock has increased by 10.52% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.


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