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LONGINSIDER SELLCLOUDFLARE INC
Funds
3
Score
4.50
vs SPY
+0.9%
Stock return (since Q-end)
+17.2%
SPY return (since Q-end)
+16.3%
Current price
$241.82
News Summary
PositiveCloudflare delivered a strong Q1 2026 with 34% YoY revenue growth, beat on both earnings and revenue, and raised full-year guidance to 30% growth, demonstrating robust demand and large customer expansion. However, the company announced a major 20% workforce reduction (~1,100 employees) with $140-150M restructuring charges, citing an AI-first operating model pivot, which triggered a 14% stock decline despite the positive earnings results.
Red flags
- •20% workforce reduction (~1,100 employees) with $140-150M restructuring charges, primarily in Q2 2026
- •Gross margin compression: GAAP fell from 75.9% to 71.2% and non-GAAP from 77.1% to 72.8%, driven by higher technology and network costs
- •Significant market reaction: stock fell >14% in after-hours trading despite earnings beat, indicating investor concern about restructuring execution and near-term disruption
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Point72 | Steve Cohen | 429K | +429K | $88.5B | — | NEW |
| Soros Fund Management | Soros Family Office | 11K | +11K | $2.2B | — | NEW |
| Duquesne Family Office | Stanley Druckenmiller | 53K | +53K | $11M | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Zatlyn Michelle | President and Board Co-Chair | SELL | 5K | $211.34 | $1.06M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 5K | $210.26 | $1.08M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 8K | $208.45 | $1.63M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 431 | $213.25 | $0.09M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 2K | $209.15 | $0.48M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 5K | $212.49 | $1.05M | 2026-05-27 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 2K | $215.55 | $0.37M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 979 | $216.22 | $0.21M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $213.53 | $0.69M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 5K | $209.30 | $0.96M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 6K | $210.25 | $1.34M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $211.20 | $0.57M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 4K | $212.38 | $0.95M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 2K | $214.83 | $0.34M | 2026-05-26 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 6K | $213.68 | $1.36M | 2026-05-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $212.49 | $0.67M | 2026-05-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 314 | $216.24 | $0.07M | 2026-05-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 6K | $211.54 | $1.18M | 2026-05-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 8K | $215.46 | $1.78M | 2026-05-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 11K | $214.62 | $2.45M | 2026-05-22 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 11K | $212.19 | $2.30M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $207.40 | $0.38M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 4K | $208.31 | $0.88M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 6K | $209.31 | $1.17M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 16K | $210.38 | $3.30M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 13K | $211.33 | $2.82M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 888 | $213.18 | $0.19M | 2026-05-21 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 77 | $210.72 | $0.02M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $202.96 | $0.38M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 4K | $203.91 | $0.73M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $204.82 | $0.34M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 3K | $206.17 | $0.52M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 9K | $207.09 | $1.78M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 16K | $207.94 | $3.29M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 11K | $209.00 | $2.33M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 7K | $209.83 | $1.49M | 2026-05-20 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $207.79 | $0.42M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 3K | $201.17 | $0.62M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 8K | $202.06 | $1.60M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 14K | $203.04 | $2.78M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 7K | $203.98 | $1.41M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 6K | $205.05 | $1.26M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 6K | $206.04 | $1.26M | 2026-05-19 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 6K | $206.90 | $1.34M | 2026-05-19 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 100 | $193.28 | $0.02M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 300 | $195.14 | $0.06M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 400 | $197.81 | $0.08M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 928 | $199.05 | $0.18M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 4K | $201.21 | $0.72M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 2K | $202.17 | $0.40M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 270 | $203.02 | $0.05M | 2026-05-18 |
| Riley Janel | Chief Accounting Officer | SELL | 3K | $193.32 | $0.67M | 2026-05-18 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 2K | $200.20 | $0.49M | 2026-05-18 |
| Riley Janel | Chief Accounting Officer | SELL | 3K | $196.95 | $0.66M | 2026-05-15 |
| Ledbetter Carl | — | SELL | 15K | $238.12 | $3.57M | 2026-05-05 |
| Graham-Cumming John | — | SELL | 603 | $222.25 | $0.13M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 116 | $218.05 | $0.03M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 360 | $219.02 | $0.08M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 166 | $220.19 | $0.04M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 360 | $221.09 | $0.08M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 852 | $222.99 | $0.19M | 2026-05-04 |
| Graham-Cumming John | — | SELL | 63 | $223.73 | $0.01M | 2026-05-04 |
| Hawkins Mark J | — | SELL | 133 | $211.62 | $0.03M | 2026-05-01 |
| Ledbetter Carl | — | SELL | 5K | $215.82 | $1.08M | 2026-05-01 |
| Ledbetter Carl | — | SELL | 10K | $215.85 | $2.16M | 2026-04-28 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 6K | $207.71 | $1.29M | 2026-04-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 8K | $208.75 | $1.76M | 2026-04-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 7K | $209.80 | $1.38M | 2026-04-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $210.70 | $0.63M | 2026-04-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 1K | $211.59 | $0.30M | 2026-04-22 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $207.03 | $0.57M | 2026-04-21 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 8K | $205.44 | $1.62M | 2026-04-21 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 15K | $206.28 | $3.09M | 2026-04-21 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 6K | $201.08 | $1.19M | 2026-04-20 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 3K | $195.86 | $0.63M | 2026-04-20 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 709 | $197.08 | $0.14M | 2026-04-20 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 4K | $198.13 | $0.75M | 2026-04-20 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 4K | $199.19 | $0.77M | 2026-04-20 |
| Zatlyn Michelle | President and Board Co-Chair | SELL | 8K | $200.39 | $1.62M | 2026-04-20 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 2K | $195.09 | $0.41M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 2K | $196.04 | $0.34M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 1K | $196.97 | $0.20M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 600 | $198.03 | $0.12M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 1K | $199.48 | $0.29M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 3K | $200.51 | $0.55M | 2026-04-17 |
| SEIFERT THOMAS J | Chief Financial Officer | SELL | 400 | $200.95 | $0.08M | 2026-04-17 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 12K | $210.83 | $2.45M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 657 | $223.62 | $0.15M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2 | $224.32 | $0.00M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $209.97 | $0.35M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 5K | $211.70 | $1.14M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 7K | $212.85 | $1.46M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 11K | $213.71 | $2.32M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 5K | $214.71 | $0.99M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 3K | $215.75 | $0.72M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $216.75 | $0.52M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $217.79 | $0.42M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 466 | $218.83 | $0.10M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 754 | $220.44 | $0.17M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 659 | $221.63 | $0.15M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 1K | $222.69 | $0.28M | 2026-04-08 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 4K | $215.54 | $0.82M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 567 | $208.59 | $0.12M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $209.78 | $0.47M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 13K | $210.72 | $2.69M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 10K | $211.62 | $2.04M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 14K | $212.61 | $2.99M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 7K | $213.65 | $1.51M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 2K | $214.50 | $0.48M | 2026-04-07 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 11K | $210.22 | $2.39M | 2026-04-06 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 7K | $208.48 | $1.39M | 2026-04-06 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 17K | $209.24 | $3.45M | 2026-04-06 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 504 | $213.28 | $0.11M | 2026-04-06 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 16K | $211.06 | $3.38M | 2026-04-06 |
| Prince Matthew | CEO & Board Co-Chair | SELL | 1K | $212.17 | $0.28M | 2026-04-06 |
| Hawkins Mark J | — | SELL | 133 | $209.60 | $0.03M | 2026-04-01 |