Janel Riley Sells 3,333 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,333 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $196.95, for a total value of $656,434.35. Following the completion of the transaction, the chief accounting officer directly owned 52,644 shares in the company, valued at approximately $10,368,235.80. This represents a 5.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Janel Riley also recently made the following trade(s):

• On Monday, May 18th, Janel Riley sold 3,481 shares of Cloudflare stock. The shares were sold at an average price of $193.32, for a total value of $672,946.92.
• On Thursday, March 5th, Janel Riley sold 23,332 shares of Cloudflare stock. The shares were sold at an average price of $190.00, for a total transaction of $4,433,080.00.

Cloudflare Price Performance

Shares of NYSE:NET opened at $210.02 on Thursday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $74.24 billion, a PE ratio of -840.09 and a beta of 1.67. The firm’s 50 day moving average price is $207.53 and its 200-day moving average price is $199.52. Cloudflare, Inc. has a twelve month low of $154.93 and a twelve month high of $260.00.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. During the same period in the prior year, the company earned $0.16 earnings per share. The firm’s revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HM Payson & Co. bought a new stake in shares of Cloudflare during the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. grew its stake in Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 104 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in Cloudflare during the third quarter valued at $26,000. Westside Investment Management Inc. lifted its stake in Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares in the last quarter. Finally, Wexford Capital LP purchased a new stake in Cloudflare in the 3rd quarter worth $30,000. 82.68% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on NET shares. New Street Research set a $140.00 target price on Cloudflare in a research report on Wednesday, February 11th. Wolfe Research reaffirmed a “peer perform” rating on shares of Cloudflare in a research report on Monday, January 26th. UBS Group restated a “neutral” rating and set a $220.00 target price on shares of Cloudflare in a research note on Wednesday, February 11th. Stifel Nicolaus set a $260.00 price target on shares of Cloudflare in a report on Friday, May 8th. Finally, Zacks Research upgraded shares of Cloudflare from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $236.68.

Key Cloudflare News

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, strengthening its role in AI infrastructure and secure developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
• Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and 20% workforce reduction as a way to improve efficiency and support margin expansion while the company pushes new AI products. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
• Positive Sentiment: Cloudflare’s Q1 results beat expectations, with revenue and EPS both topping estimates, reinforcing the view that the company’s growth remains strong. Cloudflare (NET) Q1 Results Beat Expectations, But Market Reaction Tells A Mixed Story
• Neutral Sentiment: Analyst and sector commentary continues to group NET with other AI and big-data beneficiaries, which supports sentiment but does not reflect a company-specific catalyst. Invest in These 5 Big Data Behemoths to Gain From Wall Street Rally
• Negative Sentiment: Cloudflare’s CAO and CFO both sold shares recently, which can weigh on investor sentiment even though the transactions were made under pre-arranged 10b5-1 plans.
• Negative Sentiment: Opinion coverage suggested Cloudflare may replace some middle-management and operations roles with AI, raising concerns about restructuring pressure and the pace of workforce changes. Opinion | How I Choose Which Cloudflare Employees to Replace With AI

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.