Cloudflare (NYSE:NET) Director Sells $766,004.40 in Stock

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of Cloudflare stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $303.97, for a total value of $766,004.40. Following the completion of the transaction, the director owned 494,909 shares of the company’s stock, valued at approximately $150,437,488.73. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, July 6th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $247.28, for a total value of $623,145.60.
• On Monday, June 15th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $235.95, for a total value of $594,594.00.

Cloudflare Stock Up 6.4%

Shares of NET opened at $331.45 on Friday. The company has a market cap of $117.16 billion, a PE ratio of -571.47, a P/E/G ratio of 192.59 and a beta of 1.65. The business has a fifty day moving average of $260.67 and a 200 day moving average of $223.07. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $332.22. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The business had revenue of $696.06 million for the quarter, compared to analysts’ expectations of $664.66 million. During the same quarter in the previous year, the business posted $0.21 earnings per share. The business’s revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, sell-side analysts expect that Cloudflare, Inc. will post 0.03 EPS for the current year.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Strong Q2 results and upbeat guidance support the rally. Cloudflare reported revenue of $696.1 million, up 35.9% year over year and above expectations, while non-GAAP EPS of $0.29 exceeded the $0.27 consensus. Next-quarter revenue guidance of approximately $736.5 million was also ahead of analyst estimates. NET Q2 Deep Dive
• Positive Sentiment: AI security and developer-platform demand are strengthening Cloudflare’s growth story. Coverage points to increasing demand for SASE, Zero Trust, agentic AI and developer tools, potentially helping Cloudflare win larger enterprise contracts and compete more directly with Palo Alto Networks and Zscaler. Cloudflare AI security strategy
• Positive Sentiment: Signal selected Cloudflare as an independent Key Transparency auditor. The partnership gives hundreds of millions of Signal users additional confidence in message privacy and showcases Cloudflare’s security and trust infrastructure. Signal partnership announcement
• Positive Sentiment: Analyst sentiment remains broadly favorable. Several firms raised price targets, and brokerages maintain a consensus “Moderate Buy” view. Technical coverage also describes strong momentum after the earnings beat. Cloudflare momentum setup
• Neutral Sentiment: Cloudflare raised $2.175 billion through zero-coupon convertible notes due in 2031. The deal adds financial flexibility without cash interest expense, but potential future share conversion could dilute existing shareholders. Cloudflare convertible note offering
• Negative Sentiment: x402 settlement volume has plunged 93% year to date. The decline suggests the late-2025 surge in AI-agent payments may have been driven primarily by testing rather than sustained demand, challenging near-term monetization expectations. x402 settlement volume report
• Negative Sentiment: Valuation and insider selling create downside risks. Cloudflare trades at a demanding valuation while remaining GAAP-unprofitable. Director John Graham-Cumming sold 2,520 shares under a pre-arranged Rule 10b5-1 plan, although he retained nearly 495,000 shares. Cloudflare director stock sale

Analysts Set New Price Targets

A number of research analysts have recently commented on NET shares. KeyCorp upped their target price on Cloudflare from $300.00 to $375.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. TD Cowen raised their price target on Cloudflare from $300.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. BTIG Research upped their price objective on Cloudflare from $314.00 to $382.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Barclays increased their target price on Cloudflare from $300.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Needham & Company LLC lifted their target price on Cloudflare from $280.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Cloudflare presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.19.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. HM Payson & Co. bought a new position in shares of Cloudflare during the 4th quarter worth $25,000. Wiser Advisor Group LLC bought a new stake in shares of Cloudflare in the third quarter valued at about $26,000. C M Bidwell & Associates Ltd. purchased a new stake in Cloudflare in the second quarter worth about $30,000. Wexford Capital LP bought a new position in Cloudflare during the 3rd quarter worth about $30,000. Finally, CX Institutional increased its position in Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 44 shares during the period. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

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.