Cloudflare (NYSE:NET) CFO Sells $2,006,100.00 in Stock

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

Cloudflare Price Performance

Shares of Cloudflare stock traded up $5.06 during trading on Tuesday, hitting $206.81. 3,574,344 shares of the company were exchanged, compared to its average volume of 4,738,881. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. Cloudflare, Inc. has a fifty-two week low of $154.93 and a fifty-two week high of $260.00. The stock has a market capitalization of $73.10 billion, a price-to-earnings ratio of -827.25 and a beta of 1.67. The firm has a 50 day moving average price of $207.12 and a 200 day moving average price of $199.76.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The firm had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. During the same period in the previous year, the firm posted $0.16 EPS. The company’s quarterly 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, equities analysts expect that Cloudflare, Inc. will post -0.09 earnings per share for the current fiscal year.

Trending Headlines about Cloudflare

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.

Institutional Trading of Cloudflare

Several institutional investors have recently made changes to their positions in the stock. Janus Henderson Group PLC grew its stake in shares of Cloudflare by 583.1% during the 1st quarter. Janus Henderson Group PLC now owns 241,367 shares of the company’s stock valued at $49,805,000 after buying an additional 206,032 shares during the period. Centaurus Financial Inc. boosted its position in Cloudflare by 4.8% during the 1st quarter. Centaurus Financial Inc. now owns 1,780 shares of the company’s stock worth $367,000 after purchasing an additional 82 shares during the period. Bull Harbor Capital LLC purchased a new stake in Cloudflare during the 1st quarter worth $417,000. Altshuler Shaham Ltd boosted its position in Cloudflare by 136.7% during the 1st quarter. Altshuler Shaham Ltd now owns 8,690 shares of the company’s stock worth $1,793,000 after purchasing an additional 5,019 shares during the period. Finally, MSA Advisors LLC purchased a new stake in Cloudflare during the 1st quarter worth $185,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NET has been the subject of several analyst reports. KeyCorp downgraded Cloudflare from an “overweight” rating to a “hold” rating in a report on Wednesday, April 15th. Royal Bank Of Canada boosted their price target on Cloudflare from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. New Street Research set a $140.00 price target on Cloudflare in a report on Wednesday, February 11th. Citigroup initiated coverage on Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Finally, Truist Financial set a $225.00 price target on Cloudflare in a report on Tuesday, January 20th. Eighteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $236.68.

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.