Peters Gregory K, an insider at Netflix Inc (NFLX), sold 12,781 shares of the company's stock on November 3, 2025, at a price of $1,095.68 per share. This transaction totaled approximately $14.00 million. Following this sale, Peters Gregory K retains 12,781 shares in Netflix.
This insider sale underscores a common practice among executives, who may sell shares for various reasons such as diversification, tax planning, or personal financial needs. While significant selling by insiders can raise eyebrows, it does not inherently signal a negative outlook on the company.
Insider transactions are reported to the SEC, ensuring transparency regarding how executives perceive their company's stock. However, investors should remember that these transactions represent just one of many factors to consider. Analyzing patterns of insider activity across multiple executives and time periods can provide a more comprehensive view than focusing solely on isolated transactions.
Netflix Inc, headquartered in Los Gatos, California, operates in the media industry and employs approximately 14,000 full-time staff. The company went public on May 23, 2002, and has since expanded its offerings, including original programming and streaming services available in over 190 countries. As of November 20, 2025, Netflix boasts a market cap of $464.3 billion, a P/E ratio of 44.51, and an EPS of 2.39.