Netflix Inc (NFLX) CEO Reed Hastings Sold $36.8 million of Shares

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- By insider

CEO of Netflix Inc (NFLX) Reed Hastings sold 99,883 shares of NFLX on 09/24/2018 at an average price of $368.25 a share. The total sale was $36.8 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 $164.55 billion; its shares were traded at around $377.88 with a P/E ratio of 172.56 and P/S ratio of 12.24. Netflix Inc had annual average EBITDA growth of 6.10% over the past ten years.


CEO Recent Trades:

  • CEO Reed Hastings sold 99,883 shares of NFLX stock on 09/24/2018 at the average price of $368.25. The price of the stock has increased by 2.62% since.

CFO Recent Trades:

  • CFO David B Wells sold 1,000 shares of NFLX stock on 09/24/2018 at the average price of $359. The price of the stock has increased by 5.26% since.

  • CFO David B Wells sold 1,000 shares of NFLX stock on 09/17/2018 at the average price of $364.22. The price of the stock has increased by 3.75% since.

  • CFO David B Wells sold 1,000 shares of NFLX stock on 09/10/2018 at the average price of $352.27. The price of the stock has increased by 7.27% since.

  • CFO David B Wells sold 1,000 shares of NFLX stock on 09/04/2018 at the average price of $366.76. The price of the stock has increased by 3.03% since.

Directors and Officers Recent Trades:

  • Director Richard N Barton sold 700 shares of NFLX stock on 09/25/2018 at the average price of $364.45. The price of the stock has increased by 3.69% since.

  • Director Richard N Barton sold 700 shares of NFLX stock on 09/07/2018 at the average price of $344.78. The price of the stock has increased by 9.6% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.