Directors Sell 458,080 Netflix Shares as Jones Financial Raises Stake by 19.7%
Jones Financial Companies LLLP boosted its Netflix position by 19.7%, acquiring 8,211 shares to reach 49,893 shares valued at $60.4 million as of Q3. Meanwhile, directors Bradford L. Smith and Reed Hastings sold a combined 458,080 shares at average prices of $88.86 and $91.67, netting $41.9 million.
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