Sentiment · NFLX

Insider Form 4 for NFLX

AI-generated plain-English read of insider form 4 for NFLX. Updated daily.

Heavy insider selling dominates the channel. Before acting on this, check whether sales are tied to pre-scheduled 10b5-1 plans — but the scale is worth scrutinizing.

What will probably happen

Heavy selling by multiple insiders is a yellow flag — not always bearish (many are 10b5-1 plan-driven), but worth verifying the underlying thesis.
If the sales are confirmed discretionary (not pre-scheduled), the market often corrects over the following 1–3 months.

What to do

If you HOLD this stock: Heavy insider selling warrants a thesis review. Hold for now but tighten your stop and verify whether sales are pre-scheduled.
If you TRADE this stock (no options): Avoid new longs until selling exhausts. If you must trade, keep position size small and stops tight.
If you trade OPTIONS: Long puts or protective put on existing longs. Verify 10b5-1 status before sizing — pre-scheduled plans reduce the signal edge.

MSPR trend diverges from the raw P/S signal — contradictory data (10 transactions).

Technical details

Technical analysis

Cluster: concentrated
Magnitude: heavy
MSPR trend: diverging
Top insider: SARANDOS THEODORE A
Net direction: bearish sell
Buy count (90d): 0
Buy value (90d): $0.00
MSPR recent avg: 32.045
Sell count (90d): 10
Sell value (90d): $13.19M
Distinct insiders: 5

Key levels

Key price and metric levels
Level	Value
ps count	10
sell value	13,187,186.549
max sell value	5,969,731.064
mspr recent avg	32.045
distinct insiders	5

Caveats

Many Form 4 sales are pre-scheduled 10b5-1 plans — these are legally non-discretionary and are often set up months before execution. A cluster of sales does not necessarily reflect a negative view on the stock.
90 non-discretionary transactions (awards/exercises/gifts) excluded from the headline signal.
MSPR (monthly share purchase ratio) diverges from the raw transaction signal — treat directional confidence as reduced.
Net flow is dominated by a single insider (SARANDOS THEODORE A). One-person conviction is less reliable than broad-based insider consensus.