On September 25, 2024, Leslie Kilgore, Director at Netflix Inc (NFLX, Financial), sold 828 shares of the company. The transaction was executed at a price of $722.43 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 35,262 shares of Netflix Inc.
Netflix Inc, headquartered in Los Gatos, California, is a global streaming entertainment service offering a wide variety of award-winning TV series, documentaries, feature films, and mobile games across a wide variety of genres and languages. Subscribers can watch as much as they want, anytime, anywhere, on any internet-connected screen.
Over the past year, Leslie Kilgore has sold a total of 2,628 shares of Netflix Inc and has not made any purchases of the stock. This recent transaction follows a trend observed over the past year, where there have been 51 insider sells and no insider buys at Netflix Inc.
The stock of Netflix Inc was trading at $722.43 on the day of the sale, giving the company a market cap of approximately $305.32 billion. This valuation places the company's price-earnings ratio at 44.46, which is above the industry median of 17.445.
According to the GF Value, the intrinsic value of Netflix Inc's stock is estimated at $508.24, suggesting that the stock is currently Significantly Overvalued with a price-to-GF-Value ratio of 1.42.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This sale by the insider at Netflix Inc provides an interesting data point for investors tracking insider behaviors and company valuation metrics.
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.
