Netflix Inc (NFLX) CEO Reed Hastings Sold $15.5 million of Shares

- By insider

CEO of Netflix Inc (NFLX) Reed Hastings sold 93,380 shares of NFLX on 08/21/2017 at an average price of $166.07 a share. The total sale was $15.5 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 $73.11 billion; its shares were traded at around $169.34 with a P/E ratio of 204.05 and P/S ratio of 7.37. Netflix Inc had annual average EBITDA growth of 6.70% over the past ten years.


CEO Recent Trades:

  • CEO Reed Hastings sold 93,380 shares of NFLX stock on 08/21/2017 at the average price of $166.07. The price of the stock has increased by 1.97% since.

  • 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 10.22% since.

Directors and Officers Recent Trades:

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 08/09/2017 at the average price of $176.41. The price of the stock has decreased by 4.01% since.

  • Director Richard N Barton sold 2,000 shares of NFLX stock on 07/26/2017 at the average price of $187.75. The price of the stock has decreased by 9.81% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.