Theodore A. Sarandos, an insider at Netflix Inc (NFLX), sold 17,914 shares of the company on November 2, 2025, at a price of $1,118.86 per share, totaling $20.04 million. Following this transaction, Sarandos retains 17,914 shares in Netflix.
This move underscores the ongoing activity among company insiders, which must be reported to the SEC for transparency. While insider selling can arise from various motivations such as diversification or personal financial needs, it does not inherently signal negative sentiment toward the company. Investors are encouraged to consider patterns of insider transactions across multiple executives and time periods instead of focusing solely on isolated sales.
Netflix, headquartered in Los Gatos, California, is a leading provider of entertainment services, offering paid memberships in over 190 countries. The company, which employs 14,000 full-time staff, has a market capitalization of $464.3 billion and a trailing P/E ratio of 44.51. Upcoming earnings are anticipated on April 15, 2026, with an estimated EPS of $0.83 and revenue of $12.4 billion.