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

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $307.32, for a total value of $3,073,200.00. Following the completion of the sale, the chief financial officer directly owned 110,846 shares in the company, valued at $34,065,192.72. This trade represents a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cloudflare Price Performance

NET stock opened at $278.03 on Friday. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $332.22. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.82 and a current ratio of 1.82. The stock’s 50 day moving average price is $266.93 and its 200 day moving average price is $226.99. The firm has a market cap of $98.27 billion, a P/E ratio of -479.36, a PEG ratio of 174.39 and a beta of 1.65.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The business had revenue of $696.06 million for the quarter, compared to the consensus estimate of $664.66 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The business’s revenue was up 35.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.21 earnings per share. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, sell-side analysts expect that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. HM Payson & Co. acquired a new position in Cloudflare during the fourth quarter worth approximately $25,000. Wiser Advisor Group LLC acquired a new position in shares of Cloudflare in the 3rd quarter valued at $26,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Cloudflare in the 2nd quarter valued at $30,000. Wexford Capital LP purchased a new stake in shares of Cloudflare during the 3rd quarter valued at $30,000. Finally, CX Institutional grew its stake in shares of Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 44 shares during the period. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NET has been the subject of a number of analyst reports. Scotiabank boosted their price objective on shares of Cloudflare from $300.00 to $390.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Robert W. Baird set a $330.00 target price on shares of Cloudflare in a research report on Friday, August 7th. Stifel Nicolaus set a $260.00 target price on shares of Cloudflare in a research note on Friday, May 8th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $250.00 price target on shares of Cloudflare in a report on Monday, August 3rd. Finally, TD Cowen increased their price target on Cloudflare from $300.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $320.19.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cathie Wood’s firm launched a new exchange-traded fund and included Cloudflare among its purchases, alongside Broadcom and Rocket Lab. The investment provides additional visibility and signals continued interest in Cloudflare’s AI, edge-computing and cybersecurity growth prospects. Cathie Wood’s firm launches new ETF and buys Cloudflare
• Positive Sentiment: Cloudflare’s most recent quarterly results were stronger than expected, with earnings per share of $0.29 versus the $0.27 consensus and revenue of approximately $696 million versus estimates of $665 million. Revenue grew 35.9% year over year, supporting the company’s AI and edge-platform narrative. Cloudflare’s beat-and-raise quarter
• Neutral Sentiment: Several insiders sold shares, including CFO Thomas Seifert’s 10,000 shares and additional sales by Chief Accounting Officer Janel Riley and Alissa Michelle Starzak. The transactions were executed under pre-arranged Rule 10b5-1 plans, meaning they may reflect scheduled diversification rather than a negative view of Cloudflare’s business. Cloudflare insider selling
• Negative Sentiment: Cloudflare is being pulled lower with other AI-cloud stocks amid concerns that tighter or more expensive financing could pressure highly valued growth companies. The stock also remains unprofitable and trades at a very demanding valuation, increasing its sensitivity to profit-taking after a substantial rally. Financing concerns weigh on AI-cloud stocks
• Negative Sentiment: GuruFocus characterized Cloudflare as overvalued following its recent decline. With shares near the upper end of their 52-week range and valuation expectations already reflecting substantial AI-driven growth, investors may be demanding stronger future results to justify the price. Cloudflare shares remain overvalued

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.