Cloudflare (NYSE:NET) CFO Thomas Seifert Sells 10,000 Shares of Stock

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $200.61, for a total transaction of $2,006,100.00. Following the completion of the transaction, the chief financial officer owned 212,014 shares in the company, valued at $42,532,128.54. This represents a 4.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cloudflare Stock Performance

Shares of NET stock opened at $206.81 on Wednesday. Cloudflare, Inc. has a 12 month low of $154.93 and a 12 month high of $260.00. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. The firm has a market capitalization of $73.10 billion, a P/E ratio of -827.25 and a beta of 1.67. The company’s fifty day moving average price is $207.36 and its two-hundred day moving average price is $199.61.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same quarter in the previous year, the business posted $0.16 EPS. The firm’s revenue was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, research analysts anticipate that Cloudflare, Inc. will post -0.08 earnings per share for the current fiscal year.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, which could strengthen its positioning in AI infrastructure and developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
• Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and workforce reduction as part of a strategy to improve efficiency while expanding AI products, which may be viewed as a margin and growth catalyst. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
• Positive Sentiment: Investor interest in AI-linked internet software names and a sectorwide lift after a strong Cisco report have also helped sentiment around NET. Why Cloudflare (NET) Stock Is Trading Up Today
• Neutral Sentiment: Analyst and media commentary continues to group Cloudflare with other AI software beneficiaries, but this is more sentiment-driven than a new fundamental update. Fastly’s Compute Revenues Surge: Is AI Demand Powering Growth?
• Negative Sentiment: Chief accounting officer Janel Riley sold shares in two separate transactions, and CFO Thomas J. Seifert also sold 10,000 shares, which can create some short-term pressure even though all were under pre-arranged 10b5-1 plans.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC cut their target price on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Barclays upped their target price on shares of Cloudflare from $235.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Susquehanna upped their target price on shares of Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Piper Sandler restated an “overweight” rating and issued a $250.00 target price (up from $222.00) on shares of Cloudflare in a research note on Friday, May 8th. Finally, UBS Group restated a “neutral” rating and issued a $220.00 target price on shares of Cloudflare in a research note on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $236.68.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NET. HM Payson & Co. bought a new position in shares of Cloudflare in the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 104 shares in the last quarter. Wiser Advisor Group LLC bought a new position in shares of Cloudflare in the third quarter valued at approximately $26,000. Westside Investment Management Inc. boosted its holdings in shares of Cloudflare by 100.0% in the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares in the last quarter. Finally, Wexford Capital LP bought a new position in shares of Cloudflare in the third quarter valued at approximately $30,000. Institutional investors own 82.68% of the company’s stock.

About Cloudflare

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.