Zatlyn Michelle, an insider at Cloudflare Inc (NET), sold 45,854 shares of the company on December 10, 2025, at a price of $207.44 per share, totaling $9.51 million. Following this transaction, Michelle retains an equal number of shares in the company.
Cloudflare, headquartered in San Francisco, California, provides cloud-based services to secure websites and currently employs 4,616 full-time staff. The company, which went public on September 13, 2019, offers a comprehensive suite of products including website and application services, a secure access service edge (SASE) platform, and developer-based solutions for building serverless applications.
Insider selling can occur for various reasons, such as diversification or personal financial needs. While significant sales may attract attention, they do not inherently indicate negative sentiment towards the company. Investors are encouraged to consider insider transactions as part of a broader analysis, examining patterns of activity across multiple insiders and time periods.
Cloudflare has a market capitalization of $74.8 billion and reported an EPS of -0.30 for the trailing twelve months. Upcoming earnings are scheduled for July 29, 2026, with an estimated EPS of $0.29 and revenue of $660.0 million.