NFLX Reed Hastings sells $40.9M worth of shares
Dec 06, 2025, 11:32 AM
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What does NFLX do
Netflix, headquartered in Los Gatos, California, provides entertainment services with 13,000 employees, offering paid memberships in 190 countries for streaming TV series, films, and games. Its plans range from $1 to $28 per month.
Reed Hastings sold 375,470 shares of NFLX on 1 December at $108.89 per share, worth a total of $40.9M. They now own 342,507 NFLX shares, or a 99% holding decrease.
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