Insider Selling: Cloudflare (NYSE:NET) CFO Sells $2,016,900.00 in Stock

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $201.69, for a total value of $2,016,900.00. Following the sale, the chief financial officer owned 137,486 shares of the company’s stock, valued at approximately $27,729,551.34. The trade was a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cloudflare Stock Up 0.0%

NET traded up $0.01 on Tuesday, reaching $202.07. The company’s stock had a trading volume of 1,443,579 shares, compared to its average volume of 3,250,085. The company has a market capitalization of $70.78 billion, a price-to-earnings ratio of -673.58 and a beta of 1.95. Cloudflare, Inc. has a fifty-two week low of $89.42 and a fifty-two week high of $260.00. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The stock has a 50 day moving average of $211.16 and a two-hundred day moving average of $204.94.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $562.03 million during the quarter, compared to the consensus estimate of $544.65 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The company’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. As a group, analysts forecast that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Cloudflare

A number of institutional investors have recently added to or reduced their stakes in NET. Reliant Investment Partners LLC raised its stake in shares of Cloudflare by 1.5% during the 3rd quarter. Reliant Investment Partners LLC now owns 3,316 shares of the company’s stock worth $718,000 after buying an additional 50 shares in the last quarter. Daymark Wealth Partners LLC grew its holdings in Cloudflare by 1.1% during the second quarter. Daymark Wealth Partners LLC now owns 4,556 shares of the company’s stock worth $892,000 after acquiring an additional 51 shares during the period. Frank Rimerman Advisors LLC raised its position in Cloudflare by 1.8% in the third quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock worth $605,000 after acquiring an additional 51 shares in the last quarter. Huntington National Bank lifted its holdings in Cloudflare by 22.8% in the second quarter. Huntington National Bank now owns 280 shares of the company’s stock valued at $55,000 after acquiring an additional 52 shares during the period. Finally, ORG Partners LLC boosted its position in shares of Cloudflare by 11.9% during the 2nd quarter. ORG Partners LLC now owns 498 shares of the company’s stock worth $92,000 after purchasing an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NET. Wall Street Zen upgraded Cloudflare from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Stifel Nicolaus raised their price target on Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Royal Bank Of Canada boosted their price objective on Cloudflare from $250.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. UBS Group increased their price objective on Cloudflare from $240.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, JMP Securities set a $270.00 target price on shares of Cloudflare in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $234.78.

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.