Netflix Inc (NFLX) Co-CEO Reed Hastings Sold $230.6 million of Shares

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Co-CEO of Netflix Inc (30-Year Financial, Insider Trades) Reed Hastings (insider trades) sold 437,311 shares of NFLX on 12/21/2020 at an average price of $527.26 a share. The total sale was $230.6 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 $232.97 billion; its shares were traded at around $527.330000 with a P/E ratio of 85.05 and P/S ratio of 10.03. Netflix Inc had annual average EBITDA growth of 39.40% over the past ten years. GuruFocus rated Netflix Inc the business predictability rank of 4.5-star. GuruFocus has detected 1 severe warning sign with Netflix Inc. .

CEO Recent Trades:

  • Co-CEO Reed Hastings sold 437,311 shares of NFLX stock on 12/21/2020 at the average price of $527.26. The price of the stock has increased by 0.01% since.

  • Co-CEO Reed Hastings sold 213,346 shares of NFLX stock on 11/23/2020 at the average price of $482.51. The price of the stock has increased by 9.29% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.