Netflix's Officer Hastings Reed conducted multiple transactions on December 2nd, leading to a total sale of 37,362 shares of Netflix common stock. However, he also acquired 48,363 shares by exercising options. Intensive sale of shares by executives often indicates that the company's stock price might be overvalued, which can be considered a bearish signal. Investors should pay close attention.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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