Reed Hastings, an insider at Netflix Inc (NFLX), sold 12,340 shares of the company's stock on September 30, 2025, at a price of $1,173.94 per share, resulting in a total transaction value of $14.49 million. Following this sale, Hastings retains 12,340 shares in the company.
Insider transactions, such as this sale, are reported to the SEC, providing transparency into the actions of company executives. While such sales can occur for various reasons including diversification or personal financial needs, they do not inherently reflect negative sentiment towards the company. Investors are encouraged to consider insider activity in the context of broader patterns rather than isolated transactions.
Netflix Inc operates in the media industry and is headquartered in Los Gatos, California. The company engages in providing entertainment services, including streaming television series, films, and games across over 190 countries. As of November 20, 2025, Netflix has a market capitalization of $464.3 billion, 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, followed by another report on July 15, 2026, with an estimated EPS of $0.88 and revenue of $12.8 billion.