Cloudflare (NYSE:NET) CFO Thomas Seifert Sells 41,557 Shares

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 41,557 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $185.04, for a total value of $7,689,707.28. Following the completion of the transaction, the chief financial officer directly owned 85,452 shares of the company’s stock, valued at $15,812,038.08. This trade represents a 32.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Cloudflare Stock Up 2.1%

Shares of Cloudflare stock opened at $163.63 on Wednesday. The business’s fifty day moving average price is $187.11 and its two-hundred day moving average price is $203.56. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The company has a market capitalization of $57.32 billion, a P/E ratio of -564.21 and a beta of 1.97. Cloudflare, Inc. has a 1-year low of $89.42 and a 1-year high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The company had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. As a group, research analysts forecast that Cloudflare, Inc. will post -0.11 EPS for the current year.

Institutional Investors Weigh In On Cloudflare

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Cloudflare by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 32,407,646 shares of the company’s stock worth $6,389,167,000 after purchasing an additional 90,397 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Cloudflare by 4.2% in the fourth quarter. Geode Capital Management LLC now owns 6,018,175 shares of the company’s stock worth $1,184,044,000 after buying an additional 241,981 shares during the period. First Trust Advisors LP grew its holdings in shares of Cloudflare by 1.6% during the fourth quarter. First Trust Advisors LP now owns 4,019,157 shares of the company’s stock valued at $792,377,000 after buying an additional 63,198 shares in the last quarter. Invesco Ltd. raised its position in Cloudflare by 1.3% during the third quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock valued at $850,792,000 after buying an additional 49,485 shares during the period. Finally, Norges Bank purchased a new stake in Cloudflare in the 4th quarter worth about $718,316,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on NET. TD Cowen reiterated a “buy” rating on shares of Cloudflare in a report on Tuesday, January 27th. Needham & Company LLC decreased their price target on Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Robert W. Baird set a $260.00 price objective on Cloudflare and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada upped their price objective on Cloudflare from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Cloudflare in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Cloudflare has an average rating of “Moderate Buy” and a consensus price target of $230.70.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Product differentiation — Cloudflare says its Cloudflare One SASE platform is the first to support modern post‑quantum encryption, a security and compliance advantage that can help win enterprise deals and justify premium pricing. Read More.
• Positive Sentiment: Commercial partnership — Cloudflare announced a strategic partnership with Mastercard to build small‑business tools, which could accelerate SMB adoption and expand go‑to‑market reach. Read More.
• Positive Sentiment: Fundamentals — recent quarterly results showed a small EPS beat and ~34% revenue growth year‑over‑year, supporting growth expectations despite negative margins (investors see revenue momentum as a tailwind).
• Neutral Sentiment: Minor institutional buying — a modest 13F filing showed an increased position by an institutional investor, a limited vote of confidence but not large enough to change ownership dynamics materially. Read More.
• Negative Sentiment: AI disruption fears — Anthropic’s new tool that scans code for vulnerabilities spooked the cybersecurity sector, prompting broad selling in security and networking names (Cloudflare was caught up in the selloff). Read More.
• Negative Sentiment: Macro/tech risk — reports that the White House plans to raise global tariffs to 15% triggered risk‑off flows in growth tech, which hit Cloudflare as investors reduced exposure to higher‑beta names. Read More.
• Negative Sentiment: Insider selling — COO Michelle Zatlyn sold large blocks of shares across Feb. 19–23, substantially reducing her stake; heavy insider sales can increase perceived near‑term supply and weigh on sentiment. Read More.
• Negative Sentiment: Headline skepticism — opinion/analysis pieces question whether new LLMs (e.g., Claude) will commoditize parts of Cloudflare’s security stack, adding uncertainty about long‑term pricing power. Read More.

Cloudflare Company Profile

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.