HASTINGS REED, an insider at Netflix Inc (NFLX), sold 17,010 shares of the company's stock on October 30, 2025, at a price of $1,122.54 per share, resulting in a total transaction value of $19.09 million. Following this sale, REED retains 17,010 shares of Netflix.
Insider transactions, such as this sale, must be reported to the SEC, providing transparency regarding the actions of company executives and board members. While this single transaction may draw attention, it is essential to consider it within a broader context. Insider selling can arise from various motivations, including diversification, tax planning, or personal financial needs. Routine sales do not necessarily indicate negative sentiment towards the company.
Investors are encouraged to examine patterns of insider activity across multiple insiders and time periods, rather than focusing solely on isolated transactions. Netflix Inc operates in the media industry, providing entertainment services to over 190 countries. The company, headquartered in Los Gatos, California, has a market capitalization of $464.3 billion and a P/E ratio of 44.51, with 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.