NET Cloudflare, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (4 insiders)
Horizon immediate Filed May 27, 2026 Processed 16d 14h ago
Insider cluster: 3 insiders, $2.2M total
Latest settled — T+5d
NET ▲ +16.32% at T+5d
NEUTRAL call ✓ call won +16.32% · α vs SPY +16.36% · entry $228.11 → $265.33
Next anchor: T+20d in 12d
Currently $228.48 · +0.16% from $228.11 entry
Entry anchored
May 27, 03:59 PM ET
via Databento tick
T+1d
+6.01%
call +6.01% · α +5.77%
$241.82
settled 16d ago
T+5d
+16.32%
call +16.32% · α +16.36%
$265.33
settled 10d ago
T+20d
call — · α —
in 12d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Cloudflare insiders, including CEO Matthew Prince, President Michelle Zatlyn, and CFO Thomas Seifert, sold a total of $2.25M in open-market shares over a 7-day window. The sales are predominantly tied to derivative exercises and tax withholding, with the dollar value representing ~0.003% of market cap — trivial relative to company size. The cluster is not informative of bearish sentiment.

Key Financial Metrics

Direction
selling
Total Value
$2.3M
Insiders
4

Actionable Insight

Insider sales are routine post-vesting liquidity events, not informed selling. No bearish signal. Monitor upcoming earnings for any fundamental change, but this cluster alone does not warrant action.

Key Facts

  • Total open-market sales: $2.25M across 4 insiders (CEO, President, CFO, CAO)
  • Sales represent ~0.003% of Cloudflare's $76.9B market cap — immaterial
  • CEO Prince sold 1,827 shares for $379K; President Zatlyn sold 5,561 shares for $1.18M
  • All sales are tied to derivative exercises (non-cash conversions of restricted stock units)
  • No open-market purchases were made by any insider in the cluster

Financial Impact

Total insider sales of $2.25M represent ~0.003% of market cap — trivial

dilution

Risk Factors

  • Insider sales could accelerate if stock price continues to rise, but no evidence of coordinated bearish view
  • No risk from this filing — sales are de minimis

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-1779921275283
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
28d 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 (48h 54m)

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