Cloudflare CEO Matthew Prince Sells $30.7 Million in Stock

Cloudflare CEO Matthew Prince has sold $30.7 million in stock, according to a report by ^[1] Investing.com. This sale is part of a larger trend of high-profile executives selling off their shares in recent weeks.

The sale, which was made on January 8, 2026, saw Prince sell a total of 93,000 shares at an average price of $329.49 per share. This sale brings Prince's total holdings in Cloudflare down to around 1.3 million shares.

Cloudflare is a leading cloud-based security and performance platform that has seen significant growth in recent years. The company's stock has risen by over 50% in the past year, driven by strong demand for its services.

Prince's sale is not the only high-profile executive sale in recent weeks. Other notable sales include those made by Coreweave director Venturo and Coreweave CEO Intrator, who sold $16 million and $4.6 million in shares, respectively.

The sale of these shares has sparked interest among investors and analysts, who are looking for signs of weakness in the market. However, many experts believe that these sales are a normal part of the market cycle and do not necessarily indicate a broader trend.

Sources

[1] Cloudflare CEO Matthew Prince sells $30.7 million in stock