Netflix Inc (NFLX) CEO Reed Hastings Sold $31.9 million of Shares (Guru Focus)
CEO of Netflix Inc., Reed Hastings, sold 95,578 shares of NFLX on 12/23/2019 at an average price of $333.52 a share. The total sale was $31.9 million. Netflix Inc provides multimedia content through the internet. It provides a subscription based platform for television shows, movies and original series. Netflix Inc has a market cap of $145.78 billion; its shares were traded at around $332.63 with a P/E ratio of 106.26 and P/S ratio of 7.95.
A Director at Antares Pharma (NASDAQ: ATRS) is Selling Shares (Analyst Ratings)
Yesterday, a Director at Antares Pharma (ATRS), Marvin Samson, sold shares of ATRS for $706.5K. Following Marvin Samson’s last ATRS Sell transaction on March 21, 2016, the stock climbed by 4.0%. Based on Antares Pharma’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $34.31 million and quarterly net profit of $1.04 million. In comparison, last year the company earned revenue of $17.87 million and had a GAAP net loss of $1.94 million.
Uber’s Co-Founder Dumped Uber’s Stock. Should Investors Sell Too? (The Motley Fool)
Travis Kalanick has ridden as far as he’s going to go. The co-founder and former CEO of Uber (NYSE:UBER) was an active seller of Uber’s stock in November and December, unloading 100% of his position. He grossed close to $2.8 billion through shares he owned directly and indirectly. Kalanick further ended his relationship with the company by resigning his seat on Uber’s board. When someone high up in a company buys or sells its own stock, it’s called insider trading. Insider trading, especially insider sales, can be a red flag for investors that something is amiss with the company and it’s time to move on. So, should investors sell Uber now that Kalanick is getting out?
Accenture PLC (ACN) COO Johan Deblaere Sold $1.7 million of Shares (Guru Focus)
COO of Accenture PLC, Johan Deblaere, sold 8,000 shares of ACN on 12/23/2019 at an average price of $210.54 a share. The total sale was $1.7 million. Accenture PLC is a professional service company. It provides consulting, technology and outsourcing services to Communications, Media and Technology, Financial services, Health and Public service, Products and Resources segments.