Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cloudflare Inc shares valued at $5,504,251 were sold by Zatlyn Michelle on May 20 ’25. At $156.83 per share, Zatlyn Michelle sold 35,098 shares. The insider’s holdings dropped to 6,390 shares worth approximately $1.05 million following the completion of this transaction.
Also, Zatlyn Michelle sold 25,640 shares, netting a total of over 4,028,045 in proceeds. Following the sale of shares at $157.10 each, the insider now holds 6,390 shares.
Before that, Zatlyn Michelle had sold 25,640 shares from its account. In a trade valued at $4,018,321, the President and Board Co-Chair traded Cloudflare Inc shares for $156.72 each. Upon closing the transaction, the insider’s holdings decreased to 25,640 shares, worth approximately $1.05 million.
As published in a research note from Mizuho on April 16, 2025, Cloudflare Inc [NET] has been rated up from a Neutral to an Outperform and the price target has been revised to $135. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Buy”‘ outlook in a report released in late March.
Analyzing NET Stock Performance
During the last five days, there has been a surge of approximately 4.88%. Over the course of the year, Cloudflare Inc shares have jumped approximately 52.45%. 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.
Support And Resistance Levels for Cloudflare Inc (NET)
According to the 24-hour chart, there is a support level at 160.78, which, if violated, would cause prices to drop to 157.41. In the upper region, resistance lies at 166.51. The next price resistance is at 168.87. RSI (Relative Strength Index) is 80.17 on the 14-day chart, showing overbought technical sentiment.
