Hoag Jay C

Netflix director Hoag sold 31.8K shares for $39.8M on 2025-06-05 at $1,252.35 avg, reducing stake 33.5%

Director Jay C Hoag executed 12 separate sales totaling 31,750 shares for $39,761,996.38, reducing his NFLX holdings from 94,790 to 63,040 shares (a 33.5% reduction). The sales occurred at prices clustered around the $1,250–$1,256 range on a single day, with a blended average of $1,252.35. This represents a material reduction in board-level ownership at a company trading near its 52-week high ($125.05 nominal; note current price $122.45 reflects different valuation context than transaction prices in FACTS), and follows five prior sales by Hoag at NFLX on 2025-05-29, indicating a pattern of liquidation over consecutive trading days. While the company shows strong fundamentals (P/E of 5.62, annual revenue growth of 15.6%, and net income of $2,890,351,000.00 in the latest quarter), a director's substantial reduction in personal ownership warrants investor attention as a signal of changed position sizing or capital allocation priorities.

Director Hoag sells 22,504 NFLX shares on 2025-05-29 for $26,761,941.91; holds 73,370 post-transaction.

Director Jay C Hoag executed 30 separate sales totaling 22,504 shares for $26,761,941.91 at blended average price $1,189.21 on 2025-05-29, reducing his holdings from 95,874 shares to 73,370 shares, a reduction of 23.5% of pre-transaction holdings. The sales were executed across multiple price points ranging from $1,198.04 to $1,205.16, consistent with a programmatic or systematic disposition rather than a single-tranche transaction. At the transaction date, NFLX shares were at their 52-week high of $121.90 and the stock has appreciated 5.4% over the prior 30 days and 25.3% over the prior 90 days, placing this sale at a strong valuation inflection point. Hoag retains substantial holdings (73,370 shares) and NFLX fundamentals remain solid (P/E 5.60, $10.5B quarterly revenue, 15.6% annual revenue growth), indicating the sale does not signal fundamental distress but rather a significant portfolio adjustment by a director.

Director Jay C Hoag sells 22,504 NFLX shares for $26,761,941.91 in 30 separate transactions at $1,187–$1,205 per share.

Director Jay C Hoag executed 30 separate sales on 2025-05-29, totaling 22,504 shares for $26,761,941.91 at a blended average price of $1,189.21, reducing his holdings from 95,874 to 73,370 shares (-23.5% of pre-transaction holdings). The multi-transaction structure, executed across a narrow intraday price band ($1,187.75–$1,205.16), is consistent with a systematic execution rather than a market-driven impulse. The current stock price of $121.90 reflects a valuation at 5.60 P/E with recent momentum (+5.4% over 30 days, +25.3% over 90 days), placing the stock at its 52-week high; the transaction occurred near historical peak valuations. SAME-TICKER HISTORY shows 5 prior trades at NFLX, all on the same date (2025-05-29), outcomes not yet measurable. Hoag retains a substantial position of 73,370 shares post-transaction, indicating continued significant ownership of the company.

Director Hoag sells 31.0K shares for $34.5M across 30 transactions on 2025-04-29; reduces stake to 87.2K shares (-26.2%)

Hoag Jay C, a Director at Netflix, executed 30 separate sales totaling 31.0K shares for $34,513,097.21 on 2025-04-29, reducing his post-transaction holdings to 87.2K shares from 118.2K shares (a -26.2% reduction in stake). The sales occurred at prices ranging from $1,113.57 to $1,121.83, with a blended average price of $1,113.86. This large-scale liquidation represents a material reduction in his equity position at a company trading near all-time highs ($113.35 current price, +0.0% from 52-week high). While the director retains substantial holdings (87.2K shares), the magnitude of this single-day divestiture—roughly 26% of pre-transaction holdings—merits investor attention for its signal about insider conviction at current valuations, particularly given Netflix's strong recent momentum (+22.1% over 30 days).

Director Hoag Jay C sold 32,515 shares of NFLX for $35,830,610.80 across 20 transactions on 2025-04-29.

Hoag Jay C, a Director, executed 20 separate sales totaling 32,515 shares for $35,830,610.80 on 2025-04-29, reducing his holdings by 29.1% from 111,555 to 79,040 shares. The blended average transaction price was $1,101.97, while the current market price stands at $113.35—a material discrepancy that reflects timing context: the sales were executed when the stock traded near its 52-week high, and the stock subsequently declined significantly in value. His prior track record shows 20 other cross-ticker sales, but none of his prior open-market sells at NFLX have yet accumulated a measurable 90-day outcome. The sheer volume (approximately 29% of pre-transaction holdings across 20 discrete transactions in a single day) suggests a deliberate liquidation during a period when the stock was trading near peak valuations relative to its current level.

Director Hoag sold 43,750 shares at $687.07 blended average on 2024-09-12 for $30,059,524.42, reducing holdings by 31.5%.

On 2024-09-12, Director Jay C Hoag executed 22 separate sales totaling 43,750 shares for $30,059,524.42, reducing his NFLX holdings from 138,790 shares to 95,040 shares. The blended average price of $687.07 was achieved across a narrow intraday price band ($682.69–$693.89), suggesting a planned or systematic execution rather than reactive opportunistic selling. Hoag's cross-ticker track record shows 20 prior sells with an average 30-day return of -89.3%, and his five prior NFLX-specific sales from 2024-08-12 each posted 30-day returns near -89.2% to -89.3%, indicating a persistent pattern of selling ahead of subsequent stock declines. The current stock price of $69.71 reflects a -0.6% distance from the 52-week high of $70.14, and recent momentum shows +5.4% over 30 days and +4.1% over 90 days, though these movements post-date the sale. The significance of this filing lies in the size of the reduction (31.5% of prior holdings) combined with the historical timing pattern of this director's prior sales, which warrant investor review of the broader context.

Director Hoag sold 94,074 shares at blended avg $633.49 in 28 transactions, reducing holdings to 68 shares.

Director Jay C Hoag executed 28 separate sales totaling 94,074 shares for $59,595,135.35 on 2024-08-12, virtually liquidating his Netflix position from 94,142 shares to 68 shares post-transaction. The sales occurred at a blended average price of $633.49, within the current 52-week range of $34.62–$69.06, and near the 52-week high of $69.06 (only 4.2% below). This near-complete exit by a director is material and warrants investor attention, particularly given the scale (94.1K shares) and timing relative to Netflix's strong fundamentals: recent quarter revenue of $9,559,310,000.00, net income of $2,147,306,000.00, annual growth of 6.7%, and a P/E of 4.00. The structured multi-tranche nature of the sales across similar prices on a single date suggests a systematic liquidation rather than sporadic activity.

Director Hoag sells entire NFLX position: 20 separate sales totaling 37.7K shares for $23,725,065.74 at blended avg $629.73

Director Jay C Hoag executed 20 separate sales on 2024-08-12 totaling 37,675 shares for $23,725,065.74, completely liquidating his Netflix position (net change: sold 37,675 shares, -100.0% vs pre-transaction holdings). The multi-tranche execution across four price points ($631.39, $630.35, $629.25, $628.19, and $627.51) over a single day suggests a systematic distribution rather than a reactive move. This complete exit by a director occurs as Netflix trades 4.2% below its 52-week high of $69.06, amid fundamentals showing $9.6B quarterly revenue, net income of $2.1B, and a notably low P/E of 4.00. The full liquidation removes Hoag entirely from ownership and eliminates his direct financial alignment with the company going forward.