Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cloudflare Inc shares valued at $3,355,108 were sold by Zatlyn Michelle on Mar 25 ’25. At $130.85 per share, Zatlyn Michelle sold 25,640 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Zatlyn Michelle sold 25,640 shares, netting a total of over 3,228,362 in proceeds. Following the sale of shares at $125.91 each, the insider now holds 0 shares.
Before that, Zatlyn Michelle had sold 25,640 shares from its account. In a trade valued at $3,008,721, the President and Board Co-Chair traded Cloudflare Inc shares for $117.34 each. Upon closing the transaction, the insider’s holdings decreased to 25,640 shares, worth approximately $0.0.
As published in a research note from BofA Securities on March 25, 2025, Cloudflare Inc [NET] has been rated up from an Underperform to a Buy and the price target has been revised to $160. Earlier on February 11, 2025, DZ Bank downgraded its rating. Their new recommendation was “a Sell” for NET stock which previously was a “a Hold”.
Analyzing NET Stock Performance
During the last five days, there has been a surge of approximately 0.53%. Over the course of the year, Cloudflare Inc shares have jumped approximately 10.11%. 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 $136.40, while a 200-day SMA reached $101.04.
Support And Resistance Levels for Cloudflare Inc (NET)
According to the 24-hour chart, there is a support level at 115.89, which, if violated, would cause prices to drop to 113.20. In the upper region, resistance lies at 121.18. The next price resistance is at 123.78. RSI (Relative Strength Index) is 40.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.62, which suggests the price will increase in the coming days. Percent R is at 64.70%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
