According to the latest disclosure documents from the U.S. Securities and Exchange Commission (SEC), Netflix co-CEO Gregory K. Peters sold 14,719 shares of the company's common stock through an open market transaction on February 10.
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The average transaction price for this trade was $82.741 per share. Based on this price, the total value of this reduction is approximately $1.218 million. Stock trading activities by company executives are usually closely watched by the market, and such disclosure documents provide investors with important insights into insiders’ confidence in the company’s stock.
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