Janel Riley Sells 1,667 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 1,667 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $310.36, for a total value of $517,370.12. Following the completion of the sale, the chief accounting officer owned 45,028 shares of the company’s stock, valued at $13,974,890.08. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Tuesday, August 18th, Janel Riley sold 3,481 shares of Cloudflare stock. The stock was sold at an average price of $305.26, for a total value of $1,062,610.06.

Cloudflare Trading Down 4.7%

Shares of NYSE:NET opened at $278.03 on Friday. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $332.22. The firm has a market capitalization of $98.27 billion, a price-to-earnings ratio of -479.36, a price-to-earnings-growth ratio of 174.39 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The business’s 50 day moving average price is $266.93 and its 200-day moving average price is $226.99.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The company had revenue of $696.06 million during the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm’s revenue was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.21 EPS. 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, equities research analysts forecast that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on NET shares. Guggenheim raised their price target on shares of Cloudflare from $140.00 to $160.00 and gave the company a “sell” rating in a research note on Friday, August 7th. Needham & Company LLC raised their target price on Cloudflare from $280.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Wells Fargo & Company lifted their price target on Cloudflare from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Zacks Research cut Cloudflare from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Finally, Robert W. Baird set a $330.00 price objective on Cloudflare in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has an average rating of “Moderate Buy” and an average target price of $320.19.

Hedge Funds Weigh In On Cloudflare

A number of institutional investors have recently bought and sold shares of NET. Lingotto Investment Management LLP purchased a new position in shares of Cloudflare in the 4th quarter valued at $34,626,000. Jupiter Asset Management Ltd. lifted its position in Cloudflare by 1,984.7% in the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock valued at $38,979,000 after acquiring an additional 188,226 shares during the last quarter. Trek Financial LLC purchased a new stake in Cloudflare in the fourth quarter valued at $1,793,000. Pictet Asset Management Holding SA boosted its stake in Cloudflare by 17.6% in the first quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock valued at $284,900,000 after acquiring an additional 206,506 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Cloudflare in the fourth quarter valued at $5,543,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cathie Wood’s firm launched a new exchange-traded fund and included Cloudflare among its purchases, alongside Broadcom and Rocket Lab. The investment provides additional visibility and signals continued interest in Cloudflare’s AI, edge-computing and cybersecurity growth prospects. Cathie Wood’s firm launches new ETF and buys Cloudflare
• Positive Sentiment: Cloudflare’s most recent quarterly results were stronger than expected, with earnings per share of $0.29 versus the $0.27 consensus and revenue of approximately $696 million versus estimates of $665 million. Revenue grew 35.9% year over year, supporting the company’s AI and edge-platform narrative. Cloudflare’s beat-and-raise quarter
• Neutral Sentiment: Several insiders sold shares, including CFO Thomas Seifert’s 10,000 shares and additional sales by Chief Accounting Officer Janel Riley and Alissa Michelle Starzak. The transactions were executed under pre-arranged Rule 10b5-1 plans, meaning they may reflect scheduled diversification rather than a negative view of Cloudflare’s business. Cloudflare insider selling
• Negative Sentiment: Cloudflare is being pulled lower with other AI-cloud stocks amid concerns that tighter or more expensive financing could pressure highly valued growth companies. The stock also remains unprofitable and trades at a very demanding valuation, increasing its sensitivity to profit-taking after a substantial rally. Financing concerns weigh on AI-cloud stocks
• Negative Sentiment: GuruFocus characterized Cloudflare as overvalued following its recent decline. With shares near the upper end of their 52-week range and valuation expectations already reflecting substantial AI-driven growth, investors may be demanding stronger future results to justify the price. Cloudflare shares remain overvalued

Cloudflare Company Profile

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.