Cloudflare (NYSE:NET) Director John Graham-Cumming Sells 2,520 Shares

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $250.83, for a total transaction of $632,091.60. Following the completion of the sale, the director directly owned 495,191 shares in the company, valued at approximately $124,208,758.53. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

John Graham-Cumming also recently made the following trade(s):

• On Monday, October 13th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $221.36, for a total transaction of $557,827.20.
• On Tuesday, September 2nd, John Graham-Cumming sold 10,215 shares of Cloudflare stock. The shares were sold at an average price of $206.32, for a total transaction of $2,107,558.80.

Cloudflare Price Performance

Shares of NYSE:NET opened at $247.92 on Tuesday. The firm’s 50 day moving average is $218.61 and its two-hundred day moving average is $188.92. The firm has a market capitalization of $86.39 billion, a P/E ratio of -826.39 and a beta of 2.10. 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, Inc. has a 52 week low of $85.60 and a 52 week high of $260.00.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The business had revenue of $430.08 million during the quarter, compared to analyst estimates of $544.87 million. During the same period in the prior year, the company posted $0.20 EPS. The business’s revenue for the quarter was up 30.7% compared to the same quarter last year. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 0.910-0.910 EPS. Analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Institutional Trading of Cloudflare

A number of large investors have recently added to or reduced their stakes in NET. Arizona State Retirement System increased its holdings in shares of Cloudflare by 1.5% in the third quarter. Arizona State Retirement System now owns 91,639 shares of the company’s stock valued at $19,665,000 after buying an additional 1,398 shares in the last quarter. Impact Partnership Wealth LLC acquired a new stake in shares of Cloudflare during the third quarter worth $202,000. Foundations Investment Advisors LLC raised its position in shares of Cloudflare by 14.3% during the third quarter. Foundations Investment Advisors LLC now owns 23,969 shares of the company’s stock worth $5,144,000 after purchasing an additional 2,998 shares during the period. Cloud Capital Management LLC purchased a new stake in shares of Cloudflare during the third quarter valued at $31,000. Finally, AE Wealth Management LLC boosted its position in shares of Cloudflare by 12.2% in the 3rd quarter. AE Wealth Management LLC now owns 1,273 shares of the company’s stock valued at $273,000 after purchasing an additional 138 shares during the period. 82.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NET has been the subject of several research analyst reports. JMP Securities set a $270.00 price objective on shares of Cloudflare in a report on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, October 8th. UBS Group increased their price objective on shares of Cloudflare from $240.00 to $245.00 and gave the company a “neutral” rating in a report on Friday. Scotiabank boosted their target price on Cloudflare from $200.00 to $225.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Royal Bank Of Canada upped their target price on Cloudflare from $250.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and an average target price of $231.48.

Cloudflare Company Profile

Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.