Prince Matthew, an insider at Cloudflare Inc (NET), sold 15,717 shares of the company's stock on December 2, 2025, at a price of $202.72 per share, totaling $3.19 million. Following this transaction, Matthew retains an equal number of shares in the company.
This sale highlights a common practice among insiders, who may sell shares for reasons such as diversification, tax planning, or personal financial needs. While significant selling can attract attention, it's important to recognize that routine sales do not inherently signal negative sentiment about the company.
Insider transactions are reported to the SEC, providing transparency regarding how company executives and board members perceive their stock. However, investors should consider these activities as part of a broader analysis. Evaluating patterns of insider activity across multiple individuals and time periods can yield more meaningful insights than focusing on isolated transactions.
Cloudflare, headquartered in San Francisco, California, engages in providing cloud-based services to secure websites. The company, which went public on September 13, 2019, has a market capitalization of $72.0 billion and employs 4,616 full-time staff. Its upcoming earnings are scheduled for July 29, 2026, with an estimated EPS of $0.29 and revenue of $660.0 million.