Insider Selling: Cloudflare (NYSE:NET) Director Sells $502,412.40 in Stock

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $199.37, for a total transaction of $502,412.40. Following the completion of the sale, the director owned 495,191 shares of the company’s stock, valued at approximately $98,726,229.67. This represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, November 3rd, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $250.83, for a total transaction of $632,091.60.
• 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.

Cloudflare Stock Performance

Shares of NYSE:NET opened at $193.75 on Friday. The firm has a 50 day moving average of $211.93 and a 200 day moving average of $204.12. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $67.87 billion, a price-to-earnings ratio of -645.83 and a beta of 1.94. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NET. Vestmark Advisory Solutions Inc. grew its holdings in shares of Cloudflare by 67.7% during the first quarter. Vestmark Advisory Solutions Inc. now owns 6,964 shares of the company’s stock valued at $785,000 after buying an additional 2,812 shares during the last quarter. Aberdeen Group plc lifted its position in Cloudflare by 149.0% during the 1st quarter. Aberdeen Group plc now owns 159,726 shares of the company’s stock worth $18,000,000 after acquiring an additional 95,574 shares during the period. Cresset Asset Management LLC grew its stake in Cloudflare by 1.9% during the 1st quarter. Cresset Asset Management LLC now owns 10,227 shares of the company’s stock valued at $1,152,000 after purchasing an additional 190 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Cloudflare by 129.7% in the first quarter. Raymond James Financial Inc. now owns 1,097,235 shares of the company’s stock valued at $123,647,000 after purchasing an additional 619,526 shares during the period. Finally, Northwest & Ethical Investments L.P. increased its holdings in shares of Cloudflare by 276.2% in the first quarter. Northwest & Ethical Investments L.P. now owns 9,969 shares of the company’s stock valued at $1,122,000 after purchasing an additional 7,319 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Oppenheimer assumed coverage on Cloudflare in a research note on Monday, November 10th. They issued an “outperform” rating and a $260.00 target price on the stock. Mizuho raised their price target on shares of Cloudflare from $240.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Jefferies Financial Group reiterated a “hold” rating and set a $225.00 price objective on shares of Cloudflare in a research note on Tuesday. JMP Securities set a $270.00 target price on shares of Cloudflare in a research report on Friday, October 31st. Finally, Royal Bank Of Canada lifted their price target on shares of Cloudflare from $250.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. One 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 issued a Sell rating to the stock. According to MarketBeat.com, Cloudflare has an average rating of “Moderate Buy” and an average target price of $234.78.

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.