Cloudflare CAO Riley Janel sold 23,332 shares at $190.00 (−22.9% below 52-week high); post-sale holdings 56,791 shares.
Riley Janel, Chief Accounting Officer of Cloudflare, sold 23,332 shares on 2026-03-05 at $190.00 per share for a total value of $4,433,080.00, reducing holdings by 29.1% from 80,123 shares to 56,791 shares. The current price of $195.19 is 22.9% below the 52-week high of $253.30, and the stock has appreciated 17.0% over the past 30 days despite a 2.9% decline over 90 days. Janel's prior trades at Cloudflare (four previous sales) showed a 0% well-timed rate at the 90-day mark, with post-sale returns averaging positive, indicating earlier sales preceded subsequent gains. The company remains unprofitable with an annual net loss of $1,290,000.00 against revenue of $562,027,000.00, though it is growing revenue at 29.8% year-over-year, setting up a dynamic where market sentiment on growth vs. profitability timing may be informing the sale decision.