Insider Selling: Cloudflare (NYSE:NET) CAO Sells $672,946.92 in Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,481 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $193.32, for a total transaction of $672,946.92. Following the completion of the transaction, the chief accounting officer directly owned 49,163 shares in the company, valued at approximately $9,504,191.16. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, May 15th, Janel Riley sold 3,333 shares of Cloudflare stock. The stock was sold at an average price of $196.95, for a total transaction of $656,434.35.
• On Thursday, March 5th, Janel Riley sold 23,332 shares of Cloudflare stock. The stock was sold at an average price of $190.00, for a total transaction of $4,433,080.00.

Cloudflare Stock Performance

Shares of NYSE:NET opened at $212.47 on Friday. Cloudflare, Inc. has a 1 year low of $154.93 and a 1 year high of $260.00. The stock has a market capitalization of $75.10 billion, a price-to-earnings ratio of -849.88 and a beta of 1.67. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. The company’s 50 day simple moving average is $207.63 and its 200 day simple moving average is $199.23.

Cloudflare (NYSE:NET) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. During the same quarter in the previous year, the firm earned $0.16 EPS. Cloudflare’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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Essential Partners LLC raised its holdings in shares of Cloudflare by 14.5% during the first quarter. Essential Partners LLC now owns 402 shares of the company’s stock valued at $83,000 after purchasing an additional 51 shares during the period. Janus Henderson Group PLC boosted its position in shares of Cloudflare by 583.1% during the 1st quarter. Janus Henderson Group PLC now owns 241,367 shares of the company’s stock worth $49,805,000 after purchasing an additional 206,032 shares in the last quarter. Centaurus Financial Inc. grew its stake in shares of Cloudflare by 4.8% in the 1st quarter. Centaurus Financial Inc. now owns 1,780 shares of the company’s stock valued at $367,000 after buying an additional 82 shares during the period. Bull Harbor Capital LLC acquired a new stake in shares of Cloudflare in the 1st quarter valued at about $417,000. Finally, Altshuler Shaham Ltd increased its position in Cloudflare by 136.7% in the 1st quarter. Altshuler Shaham Ltd now owns 8,690 shares of the company’s stock valued at $1,793,000 after buying an additional 5,019 shares in the last quarter. 82.68% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. New Street Research set a $140.00 price target on shares of Cloudflare in a report on Wednesday, February 11th. DZ Bank raised shares of Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 target price on the stock in a research note on Friday, February 13th. Needham & Company LLC lowered their price target on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. The Goldman Sachs Group cut Cloudflare from a “buy” rating to a “sell” rating in a research note on Wednesday, April 15th. Finally, TD Cowen reissued a “buy” rating on shares of Cloudflare in a report on Tuesday, January 27th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and a consensus price target of $236.68.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare’s partnership with Anthropic to launch Cloudflare Environments for Claude Managed Agents is being viewed as a meaningful step into AI infrastructure, which could support future revenue growth and broader platform adoption. Cloudflare (NET) Stock Trades Up, Here Is Why
• Positive Sentiment: Recent coverage continues to frame Cloudflare as an AI and big-data beneficiary, with sector interest in cloud and cybersecurity names helping sentiment around the stock. Invest in These 5 Big Data Behemoths to Gain From Wall Street Rally
• Neutral Sentiment: Cloudflare’s latest earnings report was solid, beating estimates on both EPS and revenue, but the market reaction has been mixed as investors weigh strong growth against ongoing losses and rich valuation.
• Neutral Sentiment: Several analysts remain constructive overall, with a consensus Moderate Buy rating, though opinions are still split and some firms continue to advise caution.
• Negative Sentiment: CEO Matthew Prince and CAO Janel Riley both filed stock sales, and CFO Thomas J. Seifert also sold shares. Even though these were pre-planned 10b5-1 transactions, insider selling can still create short-term pressure on the stock.

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.