NET Cloudflare, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (3 insiders)
Horizon immediate Filed Jun 8, 2026 Processed 4d 17h ago
Insider cluster: 3 insiders, $0.7M total

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Executive Summary

Three Cloudflare directors sold a total of ~$741K in open-market sales over a 7-day window. The dollar amount is trivial relative to the $88.4B market cap (~0.0008%), and all sellers are non-executive directors, not C-suite officers. This cluster is routine portfolio diversification with no material informational signal.

Key Financial Metrics

Direction
selling
Total Value
$741.0K
Insiders
3

Actionable Insight

No actionable signal from this director-level selling. Monitor next 10-Q for any fundamental changes, but this cluster does not warrant a trading response.

Key Facts

  • Three directors sold a combined ~3,026 shares for ~$741K total value.
  • Sales represent ~0.0008% of Cloudflare's $88.4B market cap — well below the 0.1% materiality threshold.
  • All sellers are directors, not C-suite executives (CEO/CFO/COO).
  • No open-market purchases occurred in the cluster window.
  • The cluster is a SELL cluster, but per academic literature, insider sales are weak predictors and cluster sales are not more informative than non-cluster sales.

Financial Impact

~$741K in director sales, immaterial relative to $88.4B market cap

insider selling volume

Risk Factors

  • No material risk identified from this filing alone.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
70% bullish (40 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NET-1780953735455
20 reports for NET
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +30.33%May 31, 2026
Filters
Rows
Reports for NET — sortable, filterable
Type Now
Jun 8, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$247.54 awaiting T+1awaiting T+1$228.48 (−7.70%)
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
Jun 1, 2026
11d ago
144
NEUTRAL ★ 1/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
May 31, 2026
12d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$228.11 $241.82▲ +6.01%▲ +5.77%$228.48 (+0.16%)
May 21, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$216.17 $217.54▲ +0.63%▲ +0.05%$228.48 (+5.69%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$210.13 $212.65▲ +1.20%▲ +1.00%$228.48 (+8.73%)
May 15, 2026
29d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$190.13 $197.38▲ +3.81%▲ +3.56%$228.48 (+20.17%)
May 1, 2026
6w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
May 1, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$217.50 $224.17▲ +3.07%▲ +3.41%$228.48 (+5.05%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (46h 58m)

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