Netflix's (NFLX) CEO Hastings Buys Nearly 50K Facebook (FB) Shares
Get Alerts FB Hot Sheet
Join SI Premium – FREE
Facebook (NASDAQ: FB) is seeing rare upside Friday after an interesting insider purchase.
Late Thursday, it was disclosed that Netflix, Inc. (Nasdaq: NFLX) CEO Reed Hastings bought 47,846 FB shares on August 8th at a average price of $21.03. This encompasses his entire stake in FB.
Mr. Hastings is a Director at Facebook.
Shares of FB last traded at $21.20, up 0.9 percent from Thursday's close.
Late Thursday, it was disclosed that Netflix, Inc. (Nasdaq: NFLX) CEO Reed Hastings bought 47,846 FB shares on August 8th at a average price of $21.03. This encompasses his entire stake in FB.
Mr. Hastings is a Director at Facebook.
Shares of FB last traded at $21.20, up 0.9 percent from Thursday's close.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Adobe Systems (ADBE) Says All-New Adobe Express Mobile App with Firefly AI Now Available to Millions Empowering them to Create Standout Content On-the-Go
- Cytosorbents (CTSO) Announces STAR-T Pivotal Trial Results to Be Featured as a Late-Breaking Presentation at AATS
Create E-mail Alert Related Categories
Hot Insider Trades, Insider TradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!