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Cloudflare Director Sells 10K Shares. Bearish Sentiment. Consider Put Options?
On Jan 3, 2024, Cloudflare(NET.US) Director Ledbetter Carl sold 10,047 shares of Common Stocks at an average price of $76.2171, totaling $765.75K. This news indicates a negative sentiment for the stock as a director selling a significant amount of shares may suggest lack of confidence in the company's future performance. Consider buying put option.
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bearish