Why Carl Icahn dumped his last Netflix shares by Benjamin Snyder @FortuneMagazine June 24, 2015, 12:51 PM EDT E-mail Tweet Facebook Google Plus Linkedin Share icons Carl Icahn announced on his Twitter Wednesday that he’s sold his last Netflix shares. Icahn Enterprises, which owned about 1.4 million Netflix shares at the end of 2015’s first quarter, made the move after Netflix NFLX announced approval of a 7-for-1 stock split, according to CNBC. Per the publication: The split will come in the form of a dividend of six additional shares for each outstanding share, Netflix said. It is payable on July 14 to stock owners of record at the July 2 close. Trading at the post-split price will start July 15. CNBC reported, too, that Netflix stocks dipped slightly after Icahn’s message on the social media service. Here’s Icahn’s Twitter message announcing the decision: Sold last of our $NFLX today. Believe $AAPL currently represents same opportunity we stated NFLX offered several years ago. — Carl Icahn (@Carl_C_Icahn) June 24, 2015 Netflix has expanded in recent years becoming not only a streaming service for television and film, but also a developer of new movies and TV shows.