Cloudflare (NYSE:NET) Stock Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Cloudflare, Inc. (NYSE:NET). In a filing disclosed on March 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cloudflare stock on February 4th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 2/27/2026.
• Sold $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Carvana (NYSE:CVNA) on 2/18/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/18/2026.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 2/4/2026.

Cloudflare Stock Up 2.3%

NET traded up $4.97 during midday trading on Wednesday, reaching $218.12. The company’s stock had a trading volume of 3,210,731 shares, compared to its average volume of 4,714,742. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 1.35. The stock’s 50-day moving average is $188.87 and its 200-day moving average is $203.33. Cloudflare, Inc. has a 1 year low of $89.42 and a 1 year high of $260.00. The firm has a market capitalization of $76.77 billion, a price-to-earnings ratio of -752.11 and a beta of 1.98.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.24% and a negative net margin of 4.72%.The firm had revenue of $614.51 million during the quarter, compared to the consensus estimate of $591.67 million. During the same period last year, the company earned $0.19 earnings per share. The company’s revenue was up 33.6% on a year-over-year basis. As a group, research analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current year.

Institutional Trading of Cloudflare

Several institutional investors have recently added to or reduced their stakes in NET. HM Payson & Co. bought a new stake in shares of Cloudflare during the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. lifted its holdings in Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares in the last quarter. Wiser Advisor Group LLC bought a new position in Cloudflare in the 3rd quarter worth about $26,000. Westside Investment Management Inc. increased its position in shares of Cloudflare by 100.0% during the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after acquiring an additional 65 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Cloudflare during the second quarter valued at approximately $29,000. Institutional investors own 82.68% of the company’s stock.

Analyst Ratings Changes

NET has been the subject of a number of research reports. Mizuho reduced their price objective on Cloudflare from $280.00 to $255.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Susquehanna set a $190.00 price objective on Cloudflare in a research report on Thursday, February 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, January 21st. Barclays raised their target price on shares of Cloudflare from $235.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Robert W. Baird set a $260.00 price objective on Cloudflare and gave the company an “outperform” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $233.38.

Insider Transactions at Cloudflare

In other news, Director Carl Ledbetter sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $227.05, for a total transaction of $3,405,750.00. Following the transaction, the director owned 938,073 shares in the company, valued at approximately $212,989,474.65. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michelle Zatlyn sold 25,641 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $189.50, for a total transaction of $4,858,969.50. Following the completion of the sale, the insider directly owned 34,514 shares of the company’s stock, valued at approximately $6,540,403. This trade represents a 42.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 641,768 shares of company stock valued at $122,539,186 in the last ninety days. Corporate insiders own 10.89% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.