Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cloudflare Inc shares valued at $249,016 were sold by Prince Matthew on Apr 10 ’25. At $107.75 per share, Prince Matthew sold 2,311 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Prince Matthew sold 52,384 shares, netting a total of over 5,450,501 in proceeds. Following the sale of shares at $104.05 each, the insider now holds 0 shares.
Before that, Prince Matthew had sold 50,073 shares from its account. In a trade valued at $5,287,188, the CEO & Board Co-Chair traded Cloudflare Inc shares for $105.59 each. Upon closing the transaction, the insider’s holdings decreased to 50,073 shares, worth approximately $0.24 million.
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 drop of approximately -1.76%. Over the course of the year, Cloudflare Inc shares have dropped approximately -2.02%. Shares of the company reached a 52-week high of $177.37 on 02/14/25 and a 52-week low of $89.42 on 04/07/25. A 50-day SMA is recorded $133.20, while a 200-day SMA reached $102.65.
Support And Resistance Levels for Cloudflare Inc (NET)
According to the 24-hour chart, there is a support level at 102.07, which, if violated, would cause prices to drop to 98.65. In the upper region, resistance lies at 108.95. The next price resistance is at 112.41. RSI (Relative Strength Index) is 41.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.14, which suggests the price will decrease in the coming days. Percent R is at 62.60%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
