Oriental Harbor Sells $37 Million in Netflix Stock — Here's What Long-Term Investors Should Know

Oriental Harbor Investment Master Fund sold 30,576 shares of Netflix in the third quarter for an estimated $37.3 million based on average prices during the quarter, according to an SEC filing released on Tuesday.According to an SEC filing released Tuesday, Hong Kong-based Oriental Harbor Investment Master Fund reduced its position in Netflix (NASDAQ:NFLX) by 30,576 shares. The estimated transaction value was $37.3 million, calculated using the average closing price for the quarter. Following the trade, the fund reported holding 12,184 shares valued at $14.6 million as of September 30.Oriental Harbor Investment Master Fund’s sale brought its Netflix stake to 1.13% of 13F reportable assets under management.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool