Filed under: Bad news. , Insiders. , Netflix, Inc. (NFLX) , Options. , Technical Analysis. Netflix. (NASDAQ: NFLX. - option chain. ) stock is trading lower today after the company reported some recent insider selling. According to SEC filings, NFLX Director Gregory Strangre sold over 19,000 shares of NFLX on Wednesday for $54.48 per share. He and other insiders have combined to sell more than $2.2M of NFLX stock in the past week, which could be interpreted as a bearish sign for the company. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on NFLX. This morning, NFLX opened at $54.96. So far today the stock has hit a high of $55.84 and a low of $54.00. As of 11:50, NFLX is trading at $55.26, down $1.13 (-2.0%) The chart for NFLX looks bullish and S&P. does not currently have a STARS rating for NFLX. Continue reading Netflix (NFLX) recent insider selling tops $2.2M. Netflix (NFLX) recent insider selling
Netflix (NFLX) recent insider selling tops $2.2M
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