Insider Cluster (2 insiders) ·Filed May 1, 2026
Insider cluster: 2 insiders, $17.9M total
Actionable Insight • Neutral
This insider selling is too small to be actionable. Monitor for any future clusters involving C-suite sales above $100M to indicate potential concerns.
Final — all horizons settled through T+60d
NFLX ▼ -23.52% at T+60d
NEUTRAL call ✗ call lost -23.52% · α vs SPY -26.08% · entry $92.05 → $70.40
T+1d
-1.11%
call -1.11% · α -0.77%
$91.03
settled 6mo ago
T+5d
-4.12%
call -4.12% · α -6.47%
$88.25
settled 6mo ago
T+20d
-6.73%
call -6.73% · α -12.02%
$85.85
settled 5mo ago
T+60d
-23.52%
call -23.52% · α -26.08%
$70.40
settled 3mo ago
Price Chart
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Executive Summary
Two Netflix insiders sold shares totaling $17.89M in the past week, but the amount is only 0.0047% of market cap, making this a routine and immaterial event. The sales by Director Reed Hastings and Chief Legal Officer David Hyman are typical portfolio rebalancing and provide no significant signal.
Key Financial Metrics
Direction
selling
Total Value
$17.9M
Insiders
2
Key Facts
- Reed Hastings (Director) sold 188,425 shares at $92.28 for $17.39M on 2026-05-01.
- David Hyman (Chief Legal Officer) sold 5,722 shares at $88.08 for $504K on 2026-05-05.
- Total insider sales of $17.89M represent just 0.0047% of NFLX's $383.3B market cap.
- Other insider transactions were non-cash grants/awards or derivative exercises with no economic value.
Financial Impact
Total sales of $17.89M are negligible relative to market cap of $383.3B.
Market Snapshot
Price
$87.89
Change
-3.5%
Volume
47.8M
Exchange
Nasdaq
Sector
Services-Video Tape Rental
Analyst Consensus
78% bullish (59 analysts)
Investment Themes
Streaming & Digital Media
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NFLX-1778020930622 |
18 reports for NFLX
50% Hit rate best @ T+60▲ +22.76%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 19d ago | ANALYST-UPGRADE | — | awaiting T+20 | — | — |
Sep 18, 2026 4w ago | ANALYST-DOWNGRADE | — | awaiting T+20 | — | — |
Sep 14, 2026 4w ago | Press Release | $80.32 $70.61 | ▼ −12.09% | ▼ −14.35% | $70.53 (−12.19%) |
Aug 10, 2026 9w ago | Insider Cluster | $74.79 $76.03 | ▲ +1.66% | ▲ +2.72% | $70.53 (−5.70%) |
Aug 6, 2026 10w ago | Insider Cluster | $73.67 $82.67 | ▲ +12.22% | ▲ +11.62% | $70.53 (−4.26%) |
Aug 4, 2026 10w ago | Insider Cluster | $73.55 $80.81 | ▼ −9.88% | ▼ −11.11% | $70.53 (+4.10%) |
Jul 17, 2026 13w ago | ANALYST-DOWNGRADE | — | awaiting T+20 | — | — |
Jun 1, 2026 19w ago | 144 | $83.32 $74.19 | ▼ −10.95% | ▼ −9.14% | $70.53 (−15.35%) |
May 12, 2026 22w ago | Court Ruling | $87.65 $82.00 | ▼ −6.44% | ▼ −4.72% | $70.53 (−19.53%) |
May 7, 2026 23w ago | 144 | $87.45 $82.18 | ▼ −6.02% | ▼ −6.05% | $70.53 (−19.34%) |
Showing 10 of 18
US Market Status
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