Netflix Inc (NFLX) Co-CEO and Chief Content Offic Theodore A Sarandos Sold $9.5 million of Shares

Co-CEO and Chief Content Offic of Netflix Inc (30-Year Financial, Insider Trades) Theodore A Sarandos (insider trades) sold 20,000 shares of NFLX on 08/12/2020 at an average price of $477.38 a share. The total sale was $9.5 million.


Netflix Inc provides multimedia content through the internet. It provides a subscription based platform for television shows, movies and original series. Netflix Inc has a market cap of $212.27 billion; its shares were traded at around $481.33 with a P/E ratio of 81.16 and P/S ratio of 9.63. Netflix Inc had annual average EBITDA growth of 39.40% over the past ten years. GuruFocus rated Netflix Inc the business predictability rank of 4.5-star. GuruFocus has detected 1 severe warning sign with Netflix Inc. .

CEO Recent Trades:

  • Co-CEO and Chief Content Offic Theodore A Sarandos sold 20,000 shares of NFLX stock on 08/12/2020 at the average price of $477.38. The price of the stock has increased by 0.83% since.

  • Co-CEO and Chief Content Offic Theodore A Sarandos sold 10,000 shares of NFLX stock on 08/10/2020 at the average price of $493.35. The price of the stock has decreased by 2.44% since.

  • Co-CEO and Chief Content Offic Theodore A Sarandos sold 20,000 shares of NFLX stock on 08/07/2020 at the average price of $504.94. The price of the stock has decreased by 4.68% since.

  • CEO Reed Hastings sold 43,239 shares of NFLX stock on 07/21/2020 at the average price of $494.83. The price of the stock has decreased by 2.73% since.

Directors and Officers Recent Trades:

  • General Counsel David A Hyman sold 26,754 shares of NFLX stock on 08/07/2020 at the average price of $505.77. The price of the stock has decreased by 4.83% since.

  • Director Susan E Rice sold 1,337 shares of NFLX stock on 08/05/2020 at the average price of $508.68. The price of the stock has decreased by 5.38% since.

  • Director Leslie J Kilgore sold 533 shares of NFLX stock on 08/04/2020 at the average price of $508. The price of the stock has decreased by 5.25% since.

  • Director Leslie J Kilgore sold 1,481 shares of NFLX stock on 07/27/2020 at the average price of $485.57. The price of the stock has decreased by 0.87% since.

For the complete insider trading history of NFLX, click here

.This article first appeared on GuruFocus.