• Hoovers Logo
    Insightful information about industries, companies, and the people who lead them.

    Learn More.
  • NETFLIX INC Profile

    In a blend of technologies from multiple eras, Netflix steers couch potatoes away from the video store and straight to the mailbox. Its Web site (Netflix.com) offers DVD rentals (90,000-plus titles) to more than 7.5 million subscribers for a monthly fee. The movies are delivered to customers the old-fashioned way: through the US Postal Service. Netflix does not charge late fees or have due dates, and the company's service employs user ratings to predict individual preferences and make movie recommendations. Netflix has a network of distribution centers in major US cities. Director Jay Hoag and his Technology Crossover Ventures own about 24% of the company and CEO Reed Hastings owns about 7%.
    Reed Hastings
    CEO
    100 Winchester Cir.

    Los Gatos, CA 95032

    http://www.netflix.com

    Phone: 408-540-3700

    Fax: 408-540-3737
    Sector: Services Industry: Specialty Retail
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $1,205,300,000 20.9% $66,900,000 2,670
  • Key Executives: NFLX

    Name Title Officer Since
    Reed Hastings CEO 8/29/97
    W. Barry McCarthy, Jr. CFO -
    Gregory S. Stanger Director 6/8/05
    Jay C. Hoag Director 6/1/99
    Richard N. Barton Director 5/1/02
    Michael N. Schuh Director 2/1/99
    Timothy M. Haley Director 6/1/98
    A. George (Skip) Battle Director 6/8/05
  • Top Competitors: NFLX

  • Insider Trends: NFLX

    Sentiment for NFLX is NEGATIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: NFLX

    Date Name Shares Transaction Type Market Value
    07/07/08 HASTINGS REED 10,000 Stock Gift $0.00
    07/03/08 HASTINGS REED 10,000 Sale $270,000.00
    07/03/08 HASTINGS REED 2,500 Exercise of Stock Options $3,750.00
  • Ownership Breakdown : NFLX

    Large Block Holder Type Number  
    Institutions 264.00
     
    Mutual Fund 355.00
    Other Major 10.00
  • Short Interest Volume: NFLX

    Data as of 6/10/08
    Current Short Interest Shares 1.10 B
    Current Short Interest Ratio 17.70
    Float 58.66 M
    Short Interest as % of Float 37.60
    Average Daily Volume 1.24 M
    Outstanding Shares 61.69 M