Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cloudflare Inc shares valued at $1,175,800 were purchased by THOMAS J SEIFERT on Mar 20 ’25. At $117.58 per share, THOMAS J SEIFERT acquired 10,000 shares.
Also, Prince Matthew sold 52,384 shares, netting a total of over 6,145,622 in proceeds. Following the sale of shares at $117.32 each, the insider now holds 0 shares.
Before that, Prince Matthew had sold 52,384 shares from its account. In a trade valued at $6,100,932, the CEO & Board Co-Chair traded Cloudflare Inc shares for $116.47 each. Upon closing the transaction, the insider’s holdings decreased to 52,384 shares, worth approximately $0.0.
As of February 11, 2025, DZ Bank has decreased its “Hold” rating to a “Sell” for NET. Earlier on February 07, 2025, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for NET stock which previously was a “an Outperform”.
Analyzing NET Stock Performance
During the last five days, there has been a surge of approximately 3.73%. Over the course of the year, Cloudflare Inc shares have jumped approximately 9.53%. Shares of the company reached a 52-week high of $177.37 on 02/14/25 and a 52-week low of $108.58 on 01/13/25. A 50-day SMA is recorded $135.49, while a 200-day SMA reached $99.73.
Support And Resistance Levels for Cloudflare Inc (NET)
According to the 24-hour chart, there is a support level at 116.23, which, if violated, would cause prices to drop to 114.51. In the upper region, resistance lies at 120.11. The next price resistance is at 122.27. RSI (Relative Strength Index) is 36.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.26, which suggests the price will decrease in the coming days. Percent R is at 81.86%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
