Insider Cluster (3 insiders) ·Filed May 1, 2026
Insider cluster: 2 insiders, $3.6M total
Actionable Insight • Neutral
This cluster is too small to drive price action. Watch for any filing of material news (e.g., earnings, guidance) that might explain the sales, but no action needed.
Final — all horizons settled through T+60d
NET ▲ +21.43% at T+60d
NEUTRAL call ✓ call won +21.43% · α vs SPY +18.36% · entry $217.50 → $264.10
T+1d
+3.07%
call +3.07% · α +3.41%
$224.17
settled 5mo ago
T+5d
+18.06%
call +18.06% · α +15.72%
$256.79
settled 5mo ago
T+20d
+24.51%
call +24.51% · α +19.23%
$270.82
settled 4mo ago
T+60d
+21.43%
call +21.43% · α +18.36%
$264.10
settled 2mo ago
Price Chart
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Executive Summary
Three directors sold a total of $4.7M in Cloudflare stock over a week, but the amount is trivial (0.006% of market cap) and unremarkable. The only insider buying was a non-cash grant to the CLO. No material implications for the stock.
Key Financial Metrics
Direction
selling
Total Value
$4.7M
Insiders
3
Key Facts
- Director Ledbetter sold 20,009 shares for $4.65M (two transactions).
- Director Hawkins sold 133 shares for $28K.
- Chief Legal Officer received a 63,305-share grant ($0 value).
- Total open-market sales: $4.68M, representing 0.006% of market cap.
Financial Impact
Total insider sales of $4.68M; immaterial relative to $78.9B market cap.
Market Snapshot
Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
70% bullish (40 analysts)
Investment Themes
Cloud & SaaSCybersecurity
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NET-1778019380032 |
38 reports for NET
75% Hit rate best @ T+60▲ +29.18%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Insider Cluster | $324.65 $352.33 | ▲ +8.53% | ▲ +5.96% | $351.33 (+8.22%) |
Sep 15, 2026 16d ago | Insider Cluster | $324.65 $352.33 | ▲ +8.53% | ▲ +5.96% | $351.33 (+8.22%) |
Sep 2, 2026 4w ago | Court Ruling | $272.74 $311.17 | ▲ +14.09% | ▲ +15.05% | $351.33 (+28.81%) |
Aug 21, 2026 5w ago | Insider Cluster | $280.35 $305.11 | ▲ +8.83% | ▲ +8.36% | $351.33 (+25.32%) |
Aug 19, 2026 6w ago | Insider Cluster | $278.91 $308.23 | ▲ +10.51% | ▲ +9.40% | $351.33 (+25.96%) |
Aug 19, 2026 6w ago | Insider Cluster | $278.91 $308.23 | ▲ +10.51% | ▲ +9.40% | $351.33 (+25.96%) |
Aug 13, 2026 7w ago | 8-K | $315.78 $293.14 | ▼ −7.17% | ▼ −5.80% | $351.33 (+11.26%) |
Aug 11, 2026 7w ago | Insider Cluster | $311.45 $291.88 | ▼ −6.28% | ▼ −5.84% | $351.33 (+12.80%) |
Aug 6, 2026 8w ago | Insider Cluster | $300.27 $315.78 | ▲ +5.17% | ▲ +4.77% | $351.33 (+17.00%) |
Aug 5, 2026 8w ago | Insider Cluster | $284.43 $330.83 | ▲ +16.31% | ▲ +15.10% | $351.33 (+23.52%) |
Showing 10 of 38
US Market Status
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