Hastings Reed, an insider at Netflix Inc (NFLX), sold 13,479 shares of the company on October 30, 2025, at a price of $1,123.44 per share, totaling $15.14 million. Following this transaction, Reed retains ownership of 13,479 shares.
Insider transactions are reported to the SEC, providing transparency into executives' views on their company's stock. While selling activity by a single insider can be noteworthy, it represents just one data point. Investors often consider such transactions alongside broader patterns of insider activity and other fundamental factors.
Netflix, headquartered in Los Gatos, California, employs 14,000 full-time staff. The company, which went public on May 23, 2002, operates in the media industry, providing entertainment services to paid members in over 190 countries. As of November 20, 2025, Netflix boasts a market cap of $464.3 billion, with a P/E ratio of 44.51 and an EPS of 2.39. Upcoming earnings are scheduled for April 15, 2026, with an estimated EPS of $0.83 and revenue of $12.4 billion.
Investors should evaluate insider activity over time and across multiple insiders to gain a clearer understanding of potential market signals.