Graham-Cumming sells 10,215 shares at avg $206.32 for $2.1M, reducing stake by 2.0%
Director Graham-Cumming executed 9 separate sales on 2025-09-02 totaling 10,215 shares for $2,107,518.46, with a blended average price of $206.32, reducing holdings from 505,406 to 495,191 shares. The stock has traded at $209.98 currently, within 2.6% of its 52-week high of $215.53, and has appreciated 16.9% over the past 90 days. Cloudflare remains unprofitable on a full-year basis with net income of -$50.4M, though the company grew revenues 28.8% year-over-year to $512.3M in the latest quarter. The sale represents a modest 2.0% reduction of Graham-Cumming's holding and does not indicate a material shift in position given the director maintains 495,191 shares post-transaction.