David Hyman, an insider at Netflix Inc (NFLX), recently purchased 53,357 shares of the company at a price of $380.33 per share, bringing the total transaction value to $20.29 million. Following this acquisition, Hyman now holds a total of 53,357 shares in Netflix.
Insider buying can often serve as a positive indicator, suggesting that executives and directors possess confidence in their company's future. Such transactions reflect a willingness to invest personal capital, which may imply a favorable outlook on Netflix's performance.
However, it's important to note that insider transactions should not be the sole basis for investment decisions. Various personal or regulatory factors can influence these buying or selling activities.
These transactions are reported to the SEC, providing transparency regarding how company executives view their stock. A single insider's buying activity represents just one data point for investors, who should consider broader patterns of insider activity across multiple individuals and time frames when evaluating these signals.
Netflix, headquartered in Los Gatos, California, operates in the media industry and employs approximately 14,000 full-time staff. The company, which went public on May 23, 2002, provides entertainment services through paid memberships in over 190 countries, offering a range of television series, films, and games. As of November 20, 2025, Netflix boasts a market capitalization of $464.3 billion, a P/E ratio of 44.51, and an EPS of 2.39. Upcoming earnings reports are anticipated on April 15, 2026, and July 15, 2026, with estimated EPS of $0.83 and $0.88, respectively, alongside projected revenues of $12.4 billion and $12.8 billion.