In a filing, Cloudflare Inc revealed its CHIEF FINANCIAL OFFICER SEIFERT THOMAS J unloaded Company’s shares for reported $1.2 million on Mar 20 ’25. In the deal valued at $120.00 per share,10,000 shares were sold. As a result of this transaction, SEIFERT THOMAS J now holds 293,582 shares worth roughly $36.38 million.
Then, THOMAS J SEIFERT bought 10,000 shares, generating $1,175,800 in total proceeds.
Before that, Prince Matthew sold 52,384 shares. Cloudflare Inc shares valued at $6,145,622 were divested by the CEO & Board Co-Chair at a price of $117.32 per share. As a result of the transaction, Prince Matthew now holds 0 shares, worth roughly $0.0.
DZ Bank also remained covering NET and has decreased its forecast on February 11, 2025 with a “Sell” recommendation from previously “Hold” rating. Oppenheimer revised its rating on February 07, 2025. It rated NET as “a Perform” which previously was an “an Outperform”.
Price Performance Review of NET
On Monday, Cloudflare Inc [NYSE:NET] saw its stock jump 3.95% to $123.93. Over the last five days, the stock has gained 6.82%. Cloudflare Inc shares have risen nearly 15.09% since the year began. Nevertheless, the stocks have risen 26.48% 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 $135.76, while 200 days put it at $100.27.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 121.73, which if violated will result in even more drops to 119.54. On the upside, there is a resistance level at 125.54. A further resistance level may holdings at 127.15. The Relative Strength Index (RSI) on the 14-day chart is 44.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.81%. Stochastics %K at 27.33% indicates the stock is a holding.
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.
