Cloudflare (NYSE:NET) CFO Sells $2,016,900.00 in Stock

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $201.69, for a total value of $2,016,900.00. Following the completion of the transaction, the chief financial officer directly owned 137,486 shares of the company’s stock, valued at $27,729,551.34. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Cloudflare Stock Up 0.1%

Cloudflare stock opened at $202.26 on Friday. Cloudflare, Inc. has a fifty-two week low of $89.42 and a fifty-two week high of $260.00. The firm has a market capitalization of $70.85 billion, a price-to-earnings ratio of -674.18 and a beta of 1.94. The stock’s fifty day moving average is $210.35 and its two-hundred day moving average is $205.06. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $562.03 million during 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% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts predict that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on NET shares. DZ Bank raised Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 target price on the stock in a research note on Wednesday, November 5th. Barclays began coverage on Cloudflare in a report on Tuesday, December 2nd. They issued an “overweight” rating and a $235.00 price target for the company. Wall Street Zen raised Cloudflare from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Cantor Fitzgerald lifted their price objective on Cloudflare from $199.00 to $224.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Finally, Needham & Company LLC upped their target price on shares of Cloudflare from $240.00 to $285.00 and gave the company a “buy” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $234.78.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Cloudflare by 2.6% in the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock valued at $6,934,958,000 after purchasing an additional 821,684 shares during the period. Geode Capital Management LLC grew its stake in shares of Cloudflare by 5.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,536,679 shares of the company’s stock valued at $1,081,533,000 after buying an additional 270,227 shares during the period. Invesco Ltd. increased its holdings in shares of Cloudflare by 1.3% during the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock worth $850,792,000 after buying an additional 49,485 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Cloudflare by 33.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock worth $352,610,000 after buying an additional 786,063 shares during the period. Finally, Norges Bank acquired a new position in Cloudflare in the second quarter valued at $541,462,000. 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.