Netflix Inc (NFLX) CEO Reed Hastings Sold $14 million of Shares

- By insider

CEO of Netflix Inc (NFLX) Reed Hastings sold 75,467 shares of NFLX on 09/20/2017 at an average price of $185.02 a share. The total sale was $14 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 $81.51 billion; its shares were traded at around $188.78 with a P/E ratio of 227.44 and P/S ratio of 8.21. Netflix Inc had annual average EBITDA growth of 6.70% over the past ten years.


CEO Recent Trades:

  • CEO Reed Hastings sold 75,467 shares of NFLX stock on 09/20/2017 at the average price of $185.02. The price of the stock has increased by 2.03% since.

Directors and Officers Recent Trades:

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 09/19/2017 at the average price of $184.3. The price of the stock has increased by 2.43% since.

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 09/06/2017 at the average price of $174.44. The price of the stock has increased by 8.22% since.

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 08/29/2017 at the average price of $165.72. The price of the stock has increased by 13.92% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.