Reed Hastings, an insider at Netflix Inc (NFLX), sold 35,256 shares of the company on October 30, 2025, at a price of $1,114.90 per share, resulting in a total transaction value of $39.31 million. Following this sale, Hastings retains 35,256 shares of Netflix.
Netflix, headquartered in Los Gatos, California, operates in the media industry and employs 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 wide array of television series, films, and games. As of November 20, 2025, Netflix boasts a market capitalization of $464.3 billion, with a P/E ratio of 44.51 and an EPS of 2.39.
Insider transactions are reported to the SEC, providing transparency into executives' perspectives on their stock. While this sale reflects one data point, investors are encouraged to consider broader patterns of insider activity across multiple insiders and time periods, rather than focusing solely on isolated transactions. Upcoming earnings are expected on 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.