Cloudflare (NYSE:NET) CEO Sells $10,202,831.68 in Stock

Cloudflare, Inc. (NYSE:NET) CEO Matthew Prince sold 52,384 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $194.77, for a total transaction of $10,202,831.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Matthew Prince also recently made the following trade(s):

• On Thursday, January 8th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $189.47, for a total transaction of $9,925,196.48.
• On Friday, December 5th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $201.23, for a total transaction of $10,541,232.32.
• On Wednesday, December 3rd, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $202.19, for a total transaction of $10,591,520.96.
• On Wednesday, November 19th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $195.32, for a total value of $10,231,642.88.
• On Monday, November 17th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $204.76, for a total value of $10,726,147.84.
• On Thursday, October 16th, Matthew Prince sold 52,277 shares of Cloudflare stock. The shares were sold at an average price of $213.94, for a total value of $11,184,141.38.
• On Tuesday, October 14th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $215.51, for a total value of $11,289,275.84.
• On Thursday, October 16th, Matthew Prince sold 107 shares of Cloudflare stock. The shares were sold at an average price of $220.79, for a total value of $23,624.53.

Cloudflare Price Performance

Shares of NET stock opened at $182.67 on Friday. The firm has a market cap of $63.98 billion, a price-to-earnings ratio of -608.88, a PEG ratio of 120.22 and a beta of 1.96. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. 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 stock has a 50-day moving average price of $204.90 and a 200 day moving average price of $206.56.

Cloudflare (NYSE:NET) last issued its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. The company had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The company’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter last year, the firm earned $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. Research analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current year.

Institutional Trading of Cloudflare

Several hedge funds have recently bought and sold shares of the stock. Assenagon Asset Management S.A. boosted its holdings in shares of Cloudflare by 23.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 9,859 shares of the company’s stock valued at $1,944,000 after buying an additional 1,848 shares during the period. Capital CS Group LLC bought a new stake in Cloudflare in the 4th quarter valued at $559,000. Teamwork Financial Advisors LLC boosted its stake in Cloudflare by 2,896.6% in the 4th quarter. Teamwork Financial Advisors LLC now owns 64,248 shares of the company’s stock worth $12,666,000 after purchasing an additional 62,104 shares during the period. Wedmont Private Capital increased its holdings in Cloudflare by 3.2% during the 4th quarter. Wedmont Private Capital now owns 5,348 shares of the company’s stock worth $1,085,000 after purchasing an additional 166 shares in the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Cloudflare by 1.9% in the 4th quarter. Nordea Investment Management AB now owns 45,032 shares of the company’s stock valued at $8,989,000 after purchasing an additional 858 shares during the period. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NET shares. UBS Group lifted their price objective on Cloudflare from $240.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Stifel Nicolaus boosted their target price on Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Citizens Jmp upped their price target on Cloudflare from $250.00 to $270.00 and gave the company a “market outperform” rating in a research note on Friday, October 31st. Susquehanna lifted their price objective on shares of Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Jefferies Financial Group restated a “hold” rating and set a $225.00 price objective on shares of Cloudflare in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $233.70.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare beat revenue and EPS expectations last quarter and reiterated FY‑2025 guidance, supporting the company’s growth story and helping underpin investor confidence. Cloudflare (NET) Ascends While Market Falls
• Positive Sentiment: Several sell‑side firms still rate NET favorably (multiple recent raises/overweight opinions and a moderate‑buy consensus), which provides a supportive analyst backdrop for longer‑term holders. MarketBeat: NET analyst coverage
• Neutral Sentiment: Institutional activity and liquidity remain elevated (many funds adjusting positions); this can amplify moves but doesn’t by itself indicate direction. MarketBeat: NET insider & institutional activity
• Negative Sentiment: CEO Matthew Prince sold a large block (52,384 shares) this week (and has executed multiple large sales since November), a pattern that often triggers short‑term selling pressure and investor concern about insider liquidity. Insider Selling: Matthew Prince
• Negative Sentiment: Additional director sales were reported this week (several filings totaling smaller but still notable amounts), which can amplify the negative sentiment from the CEO’s transactions. Director Sells $504,680.40 Director Sells $1,216,126.84
• Negative Sentiment: Piper Sandler reduced its price target (reported this week), which narrows perceived upside and can weigh on sentiment for momentum or value‑targeted investors. Price Target Lowered to $220
• Negative Sentiment: A public dispute with LaLiga alleging Cloudflare “ignores illegal content” introduces reputational and potential policy/regulatory risk that could require management time or costly responses. Spanish soccer league battles Cloudflare over piracy

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.