HASTINGS REED, an insider at Netflix Inc (NFLX), sold 5,517 shares of the company’s stock on October 30, 2025, at a price of $1,128.68 per share, totaling $6.23 million. Following this transaction, REED retains 5,517 shares of Netflix.
This sale underscores a common practice among insiders, who may sell shares for a variety of reasons, including diversification, tax planning, or personal financial needs. While significant selling activity can attract investor attention, routine transactions do not necessarily signal negative sentiment toward the company.
Insider transactions are reported to the SEC, providing a level of transparency regarding how executives and board members perceive their stock. However, investors are encouraged to consider patterns of insider activity over time and across multiple insiders, rather than focusing on isolated transactions.
Netflix, a leading player in the media industry, has a market capitalization of $464.3 billion and a P/E ratio of 44.51. The company, headquartered in Los Gatos, California, employs 14,000 full-time staff and operates in over 190 countries, offering streaming content through various devices. Upcoming earnings are anticipated on April 15, 2026, with an estimated EPS of $0.83 and revenue of $12.4 billion.