Netflix (NFLX) Director Hoag Buys Another 300,000 Shares

August 10, 2016 6:31 PM EDT

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After the close, Netflix (NASDAQ: NFLX) Director, Jay Hoag, disclosed the purchase of an additional 300,000 shares made from 08/08-08/09 at prices from $94.26-$94.33.

In July, Hoag made headlines after buying 600,000 shares. Shares are up from the $85.93-$87.60 price he paid in those transactions.

Jay Hoag has served as one of Netflix's directors since 1999. Since 1995, Mr. Hoag has served as a founding General Partner at Technology Crossover Ventures, a venture capital firm. Mr. Hoag serves on the board of directors of Electronic Arts, Inc., TechTarget, Zillow Group, Inc. and several private companies. Mr. Hoag is on the Investment Advisory Committee at the University of Michigan, the Board of Trustees of Northwestern University, and the Board of Trust at the Vanderbilt University. Previously, Mr. Hoag has served on the board of directors of numerous other public and private companies. Mr. Hoag holds an M.B.A. from the University of Michigan and a B.A. from Northwestern University.

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