Key Points
- Matthew Prince, Cloudflare’s CEO, sold 52,384 shares on December 5 at an average price of $201.23, a transaction worth about $10.54 million disclosed in an SEC filing.
- Prince has repeatedly liquidated similar-sized blocks (about 52,384 shares) across multiple dates from September through December, with each sale generating roughly $10–11 million, indicating ongoing insider selling.
- Cloudflare shares trade around $200.75 with a 52-week range of $89.42–$260.00; the company reported 30.7% YoY revenue growth but still posts a negative net margin and has a consensus analyst rating of Moderate Buy with an average target of $235.33.
Cloudflare, Inc. (NYSE:NET - Get Free Report) CEO Matthew Prince sold 52,384 shares of the business's stock in a transaction on Friday, December 5th. The stock was sold at an average price of $201.23, for a total transaction of $10,541,232.32. The sale was disclosed in a document filed with the SEC, which is available at this link.
Matthew Prince also recently made the following trade(s):
- 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 value 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 transaction 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 stock was sold at an average price of $213.94, for a total transaction of $11,184,141.38.
- On Tuesday, October 14th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were 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 stock was sold at an average price of $220.79, for a total value of $23,624.53.
- On Thursday, September 11th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $226.46, for a total transaction of $11,862,880.64.
- On Tuesday, September 9th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $217.12, for a total value of $11,373,614.08.
Cloudflare Price Performance
Cloudflare stock opened at $200.75 on Friday. 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 firm's 50-day simple moving average is $215.00 and its 200 day simple moving average is $201.52. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00. The firm has a market capitalization of $70.32 billion, a PE ratio of -669.17 and a beta of 1.94.
Cloudflare (NYSE:NET - Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.04. The firm had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.Cloudflare's revenue was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities research analysts predict that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.
Institutional Trading of Cloudflare
Several institutional investors and hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc raised its stake in shares of Cloudflare by 14.8% in the 3rd quarter. IFP Advisors Inc now owns 2,353 shares of the company's stock valued at $505,000 after acquiring an additional 304 shares during the period. Groupama Asset Managment increased its holdings in Cloudflare by 82.6% in the 3rd quarter. Groupama Asset Managment now owns 2,100,000 shares of the company's stock valued at $450,639,000 after purchasing an additional 950,000 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in Cloudflare in the 3rd quarter valued at approximately $1,300,000. CIBC Private Wealth Group LLC raised its position in Cloudflare by 7.6% in the third quarter. CIBC Private Wealth Group LLC now owns 579,137 shares of the company's stock valued at $124,277,000 after purchasing an additional 41,095 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in Cloudflare during the third quarter worth $2,389,000. Institutional investors and hedge funds own 82.68% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on NET shares. Scotiabank increased their target price on Cloudflare from $200.00 to $225.00 and gave the stock a "sector perform" rating in a research report on Friday, October 31st. Robert W. Baird set a $220.00 price target on Cloudflare in a report on Friday, October 31st. Cantor Fitzgerald upped their price objective on shares of Cloudflare from $199.00 to $224.00 and gave the company a "neutral" rating in a research report on Friday, October 31st. UBS Group boosted their target price on shares of Cloudflare from $240.00 to $245.00 and gave the stock a "neutral" rating in a research report on Friday, October 31st. Finally, Needham & Company LLC raised their price objective on Cloudflare from $240.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $235.33.
View Our Latest Analysis on NET
Cloudflare Company Profile
(
Get Free Report)
Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.
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