On November 20, 2024, Anne Sweeney, a Director at Netflix Inc (NFLX, Financial), sold 1,190 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now owns 0 shares of the company.
Netflix Inc (NFLX) is a leading global streaming entertainment service, offering a wide variety of TV series, documentaries, and feature films across a range of genres and languages. The company operates in over 190 countries, providing its members with the ability to watch as much as they want, anytime, anywhere, on any internet-connected screen.
Over the past year, Anne Sweeney has sold a total of 7,229 shares and has not purchased any shares. The insider transaction history for Netflix Inc shows that there have been 0 insider buys in total over the past year, while there have been 65 insider sells during the same period.
On the day of the recent sale, shares of Netflix Inc were trading at $869.9 each, giving the stock a market cap of $377.8 billion. The company's price-earnings ratio stands at 50.02, which is higher than the industry median of 16.99 but lower than the company's historical median price-earnings ratio.
With a trading price of $869.9 and a GF Value of $522.91, Netflix Inc has a price-to-GF-Value ratio of 1.66, indicating that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
