On October 18, 2024, Leslie Kilgore, Director at Netflix Inc (NFLX, Financial), sold 358 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 35,262 shares of Netflix Inc.
Netflix Inc operates as a streaming entertainment service company, offering TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices.
The shares were sold at a price of $765, valuing the transaction at approximately $274,110. This sale is part of a broader trend observed over the past year, where Leslie Kilgore has sold a total of 3,369 shares and made no purchase of stock in the company.
Overall, insider activity at Netflix Inc has shown a pattern of selling, with 53 insider sells and no insider buys over the past year. This could be of interest to investors looking for patterns in insider behaviors.
As of the latest sale, Netflix Inc's market cap stands at approximately $330.03 billion. The stock's price-earnings ratio is 43.69, which is above the industry median of 16.65.
According to the GF Value, the intrinsic value of Netflix Inc's stock is estimated at $515.98 per share, making the current price represent a price-to-GF-Value ratio of 1.48. This suggests that the stock is significantly overvalued based on its GF Value.
This valuation insight, combined with the recent insider selling trend, might be crucial for investors analyzing the stock's current standing and future movements.
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.
