Cloudflare Inc’s recent filing unveils that its Officer THOMAS J SEIFERT acquired Company’s shares for reported $2.11 million on Mar 05 ’25. In the deal valued at $140.93 per share,15,000 shares were bought.
Then, DOUGLAS KRAMER bought 3,000 shares, generating $420,180 in total proceeds.
Before that, Prince Matthew sold 52,384 shares. Cloudflare Inc shares valued at $7,632,973 were divested by the CEO & Board Co-Chair at a price of $145.71 per share. As a result of the transaction, Prince Matthew now holds 0 shares, worth roughly $0.0.
DZ Bank downgraded its Cloudflare Inc [NET] rating to a Sell from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “a Perform”. Robert W. Baird also remained covering NET and has decreased its forecast on February 03, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Citigroup revised its rating on January 17, 2025. It rated NET as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NET
On Monday, Cloudflare Inc [NYSE:NET] saw its stock fall -0.11% to $116.02. Over the last five days, the stock has lost -0.51%. Cloudflare Inc shares have risen nearly 7.75% since the year began. Nevertheless, the stocks have risen 20.98% over the past one year. While a 52-week high of $177.37 was reached on 02/14/25, a 52-week low of $66.24 was recorded on 01/13/25. SMA at 50 days reached $135.30, while 200 days put it at $99.03.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 114.86, which if violated will result in even more drops to 113.69. On the upside, there is a resistance level at 117.62. A further resistance level may holdings at 119.21. The Relative Strength Index (RSI) on the 14-day chart is 33.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.40%. Stochastics %K at 10.71% indicates the stock is a buying.
How much short interest is there in Cloudflare Inc?
A steep rise in short interest was recorded in Cloudflare Inc stocks on 2025-02-28, dropping by -0.65 million shares to a total of 7.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.95 million shares. There was a decline of -8.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 17, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $111 price target.
