In a filing, Cloudflare Inc revealed its Chief Accounting Officer Riley Janel unloaded Company’s shares for reported $0.54 million on May 16 ’25. In the deal valued at $154.80 per share,3,488 shares were sold. As a result of this transaction, Riley Janel now holds 67,363 shares worth roughly $10.59 million.
Then, Prince Matthew sold 52,384 shares, generating $7,997,995 in total proceeds. Upon selling the shares at $152.68, the CEO & Board Co-Chair now owns 10,426 shares.
Before that, Prince Matthew sold 52,384 shares. Cloudflare Inc shares valued at $7,992,506 were divested by the CEO & Board Co-Chair at a price of $152.58 per share. As a result of the transaction, Prince Matthew 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 Friday, Cloudflare Inc [NYSE:NET] saw its stock jump 2.87% to $157.19. Over the last five days, the stock has gained 18.78%. Cloudflare Inc shares have risen nearly 45.98% since the year began. Nevertheless, the stocks have risen 114.30% 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 $119.32, while 200 days put it at $107.97.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 153.90, which if violated will result in even more drops to 150.60. On the upside, there is a resistance level at 159.00. A further resistance level may holdings at 160.80. The Relative Strength Index (RSI) on the 14-day chart is 77.70, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 21.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.79%. Stochastics %K at 98.00% indicates the stock is a selling.
