Cloudflare Inc’s recent filing unveils that its President and Board Co-Chair Zatlyn Michelle unloaded Company’s shares for reported $3.36 million on Mar 25 ’25. In the deal valued at $130.85 per share,25,640 shares were sold. As a result of this transaction, Zatlyn Michelle now holds 0 shares worth roughly $0.0.
Then, Zatlyn Michelle sold 25,640 shares, generating $3,228,362 in total proceeds. Upon selling the shares at $125.91, the President and Board Co-Chair now owns 0 shares.
Before that, Zatlyn Michelle sold 25,640 shares. Cloudflare Inc shares valued at $3,008,721 were divested by the President and Board Co-Chair at a price of $117.34 per share. As a result of the transaction, Zatlyn Michelle now holds 0 shares, worth roughly $0.0.
BofA Securities upgraded its Cloudflare Inc [NET] rating to a Buy from a an Underperform in a research note published recently. DZ Bank revised its rating on February 11, 2025. It rated NET as “a Sell” which previously was an “a Hold”.
Price Performance Review of NET
On Monday, Cloudflare Inc [NYSE:NET] saw its stock fall -1.94% to $112.69. Over the last five days, the stock has lost -9.07%. Cloudflare Inc shares have risen nearly 4.65% since the year began. Nevertheless, the stocks have risen 16.72% 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 03/31/25. SMA at 50 days reached $136.37, while 200 days put it at $101.46.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 108.23, which if violated will result in even more drops to 103.76. On the upside, there is a resistance level at 115.03. A further resistance level may holdings at 117.37. The Relative Strength Index (RSI) on the 14-day chart is 35.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.95%. Stochastics %K at 26.19% 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 2025-03-14, dropping by -0.56 million shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.31 million shares. There was a decline of -7.21%, which implies that there is a negative sentiment for the stock.
