Douglas James Kramer Sells 3,000 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) insider Douglas James Kramer sold 3,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $176.19, for a total value of $528,570.00. Following the transaction, the insider owned 101,101 shares in the company, valued at $17,812,985.19. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Douglas James Kramer also recently made the following trade(s):

• On Monday, December 1st, Douglas James Kramer sold 3,000 shares of Cloudflare stock. The shares were sold at an average price of $196.84, for a total value of $590,520.00.

Cloudflare Price Performance

NET opened at $166.59 on Thursday. The stock’s 50-day moving average price is $193.14 and its 200 day moving average price is $205.53. 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 $58.35 billion, a price-to-earnings ratio of -555.30, a PEG ratio of 147.62 and a beta of 1.97. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46.

Institutional Investors Weigh In On Cloudflare

Several hedge funds have recently made changes to their positions in NET. Empowered Funds LLC boosted its holdings in shares of Cloudflare by 34.2% in the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock valued at $750,000 after acquiring an additional 1,696 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Cloudflare during the 2nd quarter worth approximately $424,000. Janney Montgomery Scott LLC raised its stake in shares of Cloudflare by 20.1% during the 2nd quarter. Janney Montgomery Scott LLC now owns 28,431 shares of the company’s stock worth $5,568,000 after buying an additional 4,751 shares in the last quarter. PFG Investments LLC acquired a new stake in shares of Cloudflare in the 2nd quarter valued at approximately $205,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Cloudflare by 9.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,989 shares of the company’s stock valued at $5,481,000 after buying an additional 2,310 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NET shares. DZ Bank raised shares of Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 price target for the company in a research report on Wednesday, November 5th. Wells Fargo & Company upped their price target on Cloudflare from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Susquehanna lifted their price objective on Cloudflare from $205.00 to $260.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Truist Financial set a $225.00 target price on shares of Cloudflare in a research note on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Cloudflare from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $231.29.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: BTIG upgraded Cloudflare to Buy and highlighted underappreciated long-term growth after positive customer checks, which lifted investor optimism and helped push the stock higher earlier in the session. Cloudflare’s long-term growth opportunity is underappreciated, says BTIG
• Positive Sentiment: Wall Street models expect earnings growth in the upcoming report, raising the odds of a near-term beat that could support the share price once results arrive. Cloudflare (NET) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Analyst coverage is mixed but generally positive: several firms have raised targets while consensus remains a “Moderate Buy,” leaving upside tied to execution and the upcoming quarter.
• Neutral Sentiment: Institutions continue to hold a large share of stock (reported >80% ownership), which can mute volatility over the medium term but also means flows from a few large holders could move shares. Cloudflare institutional ownership and trading
• Negative Sentiment: Insider selling was reported this week (including a 3,000-share sale by Douglas Kramer and a small director sale), which may feed short-term selling narratives even if filings show insiders still hold substantial positions. SEC Form 4 — Douglas James Kramer sale
• Negative Sentiment: Several headlines describe the stock as being “obliterated” or dipping more than the broader market today — a sign that short-term profit-taking and technical selling (price below key moving averages) are outweighing the bullish analyst action. Why Cloudflare (NET) shares are getting obliterated today

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.