In a filing, Cloudflare Inc revealed its President and Board Co-Chair Zatlyn Michelle unloaded Company’s shares for reported $2.83 million on Apr 16 ’25. In the deal valued at $110.36 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 $2,795,417 in total proceeds. Upon selling the shares at $109.03, the President and Board Co-Chair now owns 0 shares.
Before that, Zatlyn Michelle sold 25,640 shares. Cloudflare Inc shares valued at $2,751,034 were divested by the President and Board Co-Chair at a price of $107.29 per share. As a result of the transaction, Zatlyn Michelle now holds 0 shares, worth roughly $0.0.
Mizuho upgraded its Cloudflare Inc [NET] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late March from “an Underperform” to “a Buy”.
Price Performance Review of NET
On Tuesday, Cloudflare Inc [NYSE:NET] saw its stock jump 4.60% to $106.81. Over the last five days, the stock has lost -0.29%. Cloudflare Inc shares have fallen nearly -0.81% since the year began. Nevertheless, the stocks have risen 23.18% 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 04/07/25. SMA at 50 days reached $128.07, while 200 days put it at $103.50.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 104.06, which if violated will result in even more drops to 101.32. On the upside, there is a resistance level at 108.49. A further resistance level may holdings at 110.18. The Relative Strength Index (RSI) on the 14-day chart is 44.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.73%. Stochastics %K at 52.38% 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 2025-03-31, dropping by -1.43 million shares to a total of 5.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.3 million shares. There was a decline of -24.28%, which implies that there is a negative sentiment for the stock.
