On November 7, 2024, Leslie Kilgore, Director at Netflix Inc (NFLX, Financial), sold 347 shares of the company at a price of $787 per share. Following this transaction, the insider now owns 35,262 shares of Netflix Inc. The details of this transaction can be viewed in the SEC Filing.
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 4,069 shares of Netflix Inc and has not made any purchases of the stock. This recent sale is part of a broader trend seen within the company, where there have been 59 insider sells and no insider buys over the past year.
Shares of Netflix Inc were trading at $787 on the day of the sale, giving the company a market cap of approximately $339.85 billion. The price-earnings ratio of the company stands at 44.99, which is above the industry median of 16.57.
According to the GF Value, the intrinsic value of Netflix Inc is estimated at $520.26 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.51.
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.
