Prince Matthew, an insider at Cloudflare Inc (NET), sold 5,864 shares of the company's stock on December 4, 2025, at a price of $203.02 per share. This transaction totaled $1.19 million. Following this sale, Matthew retains an equal number of shares in Cloudflare.
Cloudflare, headquartered in San Francisco, California, provides a range of cloud-based services aimed at securing 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 offerings include website and application security products, a secure access service edge (SASE) platform, and developer solutions for serverless applications.
Insider selling can arise from various factors, such as diversification, tax planning, or personal financial needs. While significant selling patterns may attract investor scrutiny, routine transactions by insiders do not inherently signal negative sentiment about the company. It is important for investors to consider insider transactions as part of a broader analysis, taking into account multiple insiders and various timeframes.
These transactions are reported to the SEC, providing transparency regarding executive and board member actions. However, they should not be the sole basis for investment decisions, as personal circumstances often influence such activities.
Cloudflare is set to announce its next earnings report on July 29, 2026, with an estimated EPS of $0.29 and anticipated revenue of $660.0 million.