On September 19, 2024, Leslie Kilgore, Director at Netflix Inc (NFLX, Financial), sold 428 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 0 shares of Netflix Inc.
Netflix Inc, a leader in the streaming entertainment service sector, offers a wide variety of award-winning TV series, documentaries, feature films, and mobile games across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen, and can play, pause, and resume watching without commercials.
Over the past year, Leslie Kilgore has sold a total of 1,800 shares of Netflix Inc and has not made any purchases of the stock. The insider transaction history for Netflix Inc shows a trend with 0 insider buys and 49 insider sells over the past year.
On the day of the sale, shares of Netflix Inc were trading at $715 each. This pricing gives the company a market cap of approximately $300.84 billion. The price-earnings ratio of the company stands at 43.81, which is above the industry median of 17.13.
According to the GF Value, the intrinsic value of Netflix Inc is estimated at $507.04 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.41. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, as it reflects the insider's transaction activities and ownership stake changes within the company.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
