Cloudflare Inc’s recently made public that its Chief Financial Officer SEIFERT THOMAS J unloaded Company’s shares for reported $1.2 million on Apr 25 ’25. In the deal valued at $120.14 per share,10,000 shares were sold. As a result of this transaction, SEIFERT THOMAS J now holds 293,582 shares worth roughly $35.88 million.
Then, THOMAS J SEIFERT bought 10,000 shares, generating $1,188,700 in total proceeds.
Before that, Zatlyn Michelle sold 25,640 shares. Cloudflare Inc shares valued at $2,829,650 were divested by the President and Board Co-Chair at a price of $110.36 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 1.02% to $122.23. Over the last five days, the stock has gained 14.44%. Cloudflare Inc shares have risen nearly 13.51% since the year began. Nevertheless, the stocks have risen 40.88% 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 $122.68, while 200 days put it at $104.38.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 120.86, which if violated will result in even more drops to 119.48. On the upside, there is a resistance level at 123.24. A further resistance level may holdings at 124.24. The Relative Strength Index (RSI) on the 14-day chart is 57.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.78, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.42%. Stochastics %K at 97.23% indicates the stock is a selling.
How much short interest is there in Cloudflare Inc?
A steep rise in short interest was recorded in Cloudflare Inc stocks on 2025-04-15, dropping by -1.78 million shares to a total of 5.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.75 million shares. There was a decline of -29.86%, which implies that there is a negative sentiment for the stock.
