Cloudflare (NYSE:NET) CEO Matthew Prince Sells 52,384 Shares

Cloudflare, Inc. (NYSE:NET) CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $194.77, for a total transaction of $10,202,831.68. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Matthew Prince also recently made the following trade(s):

• On Thursday, January 8th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $189.47, for a total transaction of $9,925,196.48.
• On Friday, December 5th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $201.23, for a total transaction of $10,541,232.32.
• On Wednesday, December 3rd, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $202.19, for a total value of $10,591,520.96.
• On Wednesday, November 19th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $195.32, for a total value of $10,231,642.88.
• On Monday, November 17th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $204.76, for a total value of $10,726,147.84.
• On Thursday, October 16th, Matthew Prince sold 52,277 shares of Cloudflare stock. The shares were sold at an average price of $213.94, for a total value of $11,184,141.38.
• On Tuesday, October 14th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $215.51, for a total value of $11,289,275.84.
• On Thursday, October 16th, Matthew Prince sold 107 shares of Cloudflare stock. The shares were sold at an average price of $220.79, for a total transaction of $23,624.53.

Cloudflare Price Performance

NYSE:NET opened at $186.91 on Friday. Cloudflare, Inc. has a 12-month low of $89.42 and a 12-month high of $260.00. The firm has a market cap of $65.47 billion, a price-to-earnings ratio of -623.03, a price-to-earnings-growth ratio of 133.40 and a beta of 1.96. The company’s 50-day moving average is $206.32 and its two-hundred day moving average is $206.43. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46.

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

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Zacks says Cloudflare has a strong earnings‑surprise record and the setup to potentially beat again next quarter — a fundamental positive that can support the stock if results repeat. Cloudflare (NET) Ascends While Market Falls
• Positive Sentiment: Profile pieces note strong long‑term returns (e.g., ~374% over three years), which supports investor confidence and could attract momentum buyers. Cloudflare’s investors pleased with 374% return
• Neutral Sentiment: Piper Sandler kept a Hold rating on NET — a cautious stance that doesn’t add buying pressure but signals no downgrade‑driven selling. Piper Sandler Sticks to Hold
• Neutral Sentiment: Institutional activity remains elevated (several funds adjusted positions), which increases liquidity and can amplify moves but doesn’t by itself indicate direction. MarketBeat: NET insider & institutional activity
• Negative Sentiment: CEO Matthew Prince sold large blocks this week (52,384 shares on Jan. 6 at ~$194.77 and another 52,384 on Jan. 8 at ~$189.47), totaling ~ $20M+ — large insider sales often trigger short‑term selling pressure and investor concern. SEC Form 4: Matthew Prince
• Negative Sentiment: Piper Sandler lowered its price target to $220 from $249 — a direct cap on near‑term upside that may weigh on sentiment. Price Target Lowered to $220
• Negative Sentiment: A public dispute with LaLiga (Spanish soccer league) alleging Cloudflare “ignores illegal content” raises reputational and policy/regulatory risk that could force costly changes or legal responses. Spanish soccer league battles Cloudflare over piracy
• Negative Sentiment: Additional director selling (Mark Hawkins, John Graham‑Cumming, Carl Ledbetter and small sales by others) was filed this week — while dollar amounts are smaller, clustered insider sales can amplify negative sentiment. Director Form 4 filings

Institutional Investors Weigh In On Cloudflare

Large investors have recently made changes to their positions in the business. Reliant Investment Partners LLC lifted its holdings 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 valued at $718,000 after acquiring an additional 50 shares in the last quarter. Daymark Wealth Partners LLC lifted its stake in shares of 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 purchasing an additional 51 shares in the last quarter. Frank Rimerman Advisors LLC lifted its stake in shares of Cloudflare by 1.8% during the third quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock worth $605,000 after purchasing an additional 51 shares in the last quarter. Huntington National Bank boosted its position in shares of Cloudflare by 22.8% in the second quarter. Huntington National Bank now owns 280 shares of the company’s stock worth $55,000 after buying an additional 52 shares during the period. Finally, ORG Partners LLC grew its stake in shares of Cloudflare by 11.9% in the second quarter. ORG Partners LLC now owns 498 shares of the company’s stock valued at $92,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analysts Set New Price Targets

NET has been the subject of several analyst reports. Cantor Fitzgerald upped their target price on Cloudflare from $199.00 to $224.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Robert W. Baird set a $230.00 price objective on shares of Cloudflare in a research note on Wednesday, December 17th. Needham & Company LLC increased their price objective on shares of Cloudflare from $240.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Piper Sandler lowered their target price on shares of Cloudflare from $249.00 to $220.00 and set a “neutral” rating for the company in a report on Monday. Finally, Royal Bank Of Canada increased their price target on shares of Cloudflare from $250.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $233.70.

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.