Cloudflare (NYSE:NET) CFO Sells $1,783,700.00 in Stock

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $178.37, for a total transaction of $1,783,700.00. Following the transaction, the chief financial officer owned 137,486 shares in the company, valued at $24,523,377.82. The trade was a 6.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Cloudflare Trading Down 4.2%

NYSE NET traded down $7.49 during trading on Wednesday, hitting $169.93. The stock had a trading volume of 5,061,288 shares, compared to its average volume of 2,797,907. Cloudflare, Inc. has a one year low of $89.42 and a one year high of $260.00. The stock has a 50 day simple moving average of $197.91 and a 200 day simple moving average of $206.40. The stock has a market capitalization of $59.52 billion, a price-to-earnings ratio of -566.43, a P/E/G ratio of 121.14 and a beta of 1.96. 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 issued its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The firm had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. During the same period in the prior year, the business posted $0.20 earnings per share. The company’s revenue for the quarter was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Sell-side analysts predict that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Institutional Investors Weigh In On Cloudflare

Large investors have recently modified their holdings of the business. Empowered Funds LLC boosted its stake in shares of Cloudflare by 34.2% during the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock valued at $750,000 after purchasing an additional 1,696 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Cloudflare during the second quarter worth $424,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Cloudflare by 11.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 36,045 shares of the company’s stock worth $6,894,000 after buying an additional 3,777 shares during the period. Assenagon Asset Management S.A. boosted its position in Cloudflare by 8.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 6,991 shares of the company’s stock valued at $1,369,000 after acquiring an additional 533 shares in the last quarter. Finally, Sowell Financial Services LLC increased its holdings in shares of Cloudflare by 78.9% in the 2nd quarter. Sowell Financial Services LLC now owns 3,595 shares of the company’s stock valued at $704,000 after acquiring an additional 1,585 shares during the period. Institutional investors own 82.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. KeyCorp boosted their target price on shares of Cloudflare from $235.00 to $300.00 and gave the company an “overweight” 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 company a “neutral” rating in a report on Monday, November 3rd. DZ Bank raised shares of Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 price objective for the company in a research report on Wednesday, November 5th. Robert W. Baird set a $230.00 target price on shares of Cloudflare in a research report on Wednesday, December 17th. Finally, Stifel Nicolaus lifted their price target on shares of Cloudflare from $230.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $232.48.

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.