Theodore A. Sarandos, an insider at Netflix Inc (NFLX), sold 15,168 shares of the company on November 3, 2025, at a price of $1,092.08 per share, resulting in a total transaction value of $16.56 million. Following this sale, Sarandos retains 15,168 shares in Netflix.
Such transactions by company insiders are often driven by various personal financial strategies, including diversification or tax planning. While notable selling activity may attract investor attention, it is essential to understand that routine sales do not inherently signal negative sentiment towards the company.
Insider transactions are reported to the SEC, providing transparency regarding the actions of executives and board members. However, investors should consider these transactions as one aspect of a broader analysis, examining patterns across multiple insiders and time periods rather than focusing solely on isolated events.
Netflix Inc, a major player in the media industry, is headquartered in Los Gatos, California, and employs 14,000 full-time staff. The company, which went public on May 23, 2002, offers entertainment services, including original programming, to over 190 countries. As of November 20, 2025, Netflix holds a market capitalization of $464.3 billion, with a P/E ratio of 44.51 and an EPS of 2.39. Upcoming earnings reports are scheduled for April 15, 2026, and July 15, 2026, with estimated revenues of $12.4 billion and $12.8 billion, respectively.