Cloudflare Inc’s recently made public that its CEO & Board Co-Chair Prince Matthew unloaded Company’s shares for reported $9.41 million on Jun 11 ’25. In the deal valued at $179.63 per share,52,384 shares were sold. As a result of this transaction, Prince Matthew now holds 0 shares worth roughly $0.0.
Then, Prince Matthew sold 52,384 shares, generating $9,239,781 in total proceeds. Upon selling the shares at $176.39, the CEO & Board Co-Chair now owns 0 shares.
Before that, Prince Matthew sold 52,384 shares. Cloudflare Inc shares valued at $8,970,603 were divested by the CEO & Board Co-Chair at a price of $171.25 per share. As a result of the transaction, Prince Matthew now holds 0 shares, worth roughly $0.0.
KeyBanc Capital Markets initiated its Cloudflare Inc [NET] rating to an Overweight in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “an Outperform”. BofA Securities also remained covering NET and has increased its forecast on March 25, 2025 with a “Buy” recommendation from previously “an Underperform” rating.
Price Performance Review of NET
On Monday, Cloudflare Inc [NYSE:NET] saw its stock jump 4.24% to $179.27. Over the last five days, the stock has gained 0.83%. Cloudflare Inc shares have risen nearly 66.48% since the year began. Nevertheless, the stocks have risen 137.70% over the past one year. While a 52-week high of $181.81 was reached on 06/06/25, a 52-week low of $69.26 was recorded on 04/07/25.
Levels Of Support And Resistance For NET Stock
The 24-hour chart illustrates a support level at 175.56, which if violated will result in even more drops to 171.85. On the upside, there is a resistance level at 181.23. A further resistance level may holdings at 183.18.
