Key Points
- Director John Graham-Cumming sold 2,520 Cloudflare shares on December 15 at an average price of $199.37 for about $502,412, reducing his stake by 0.51% to 495,191 shares valued near $98.7 million.
- The director executed two other recent identical sales (2,520 shares each) on November 3 (avg $250.83) and October 13 (avg $221.36), indicating a pattern of periodic insider selling.
- Cloudflare recently beat quarterly revenue and EPS expectations with revenue up 30.7% year-over-year, and analysts hold a consensus "Moderate Buy" with a target of about $234.41.
Cloudflare, Inc. (NYSE:NET - Get Free Report) Director John Graham-Cumming sold 2,520 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $199.37, for a total transaction of $502,412.40. Following the sale, the director directly owned 495,191 shares in the company, valued at $98,726,229.67. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
John Graham-Cumming also recently made the following trade(s):
- On Monday, November 3rd, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $250.83, for a total transaction of $632,091.60.
- On Monday, October 13th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $221.36, for a total transaction of $557,827.20.
Cloudflare Stock Performance
NYSE NET opened at $197.56 on Wednesday. The stock has a market capitalization of $69.20 billion, a price-to-earnings ratio of -658.54 and a beta of 1.94. The stock has a 50-day moving average of $213.05 and a 200 day moving average of $204.29. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46. Cloudflare, Inc. has a twelve month low of $89.42 and a twelve month high of $260.00.
Cloudflare (NYSE:NET - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $562.03 million during the quarter, compared to analysts' expectations of $544.65 million. During the same period in the previous year, the business earned $0.20 earnings per share. The business's revenue was up 30.7% compared to the same quarter last year. 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 anticipate that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.
Institutional Trading of Cloudflare
Several institutional investors have recently made changes to their positions in the company. Physician Wealth Advisors Inc. grew its position in Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company's stock worth $26,000 after acquiring an additional 104 shares during the period. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare during the 3rd quarter worth $26,000. Westside Investment Management Inc. increased its position in shares of Cloudflare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company's stock worth $28,000 after purchasing an additional 65 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Cloudflare in the 2nd quarter valued at about $29,000. Finally, ORG Wealth Partners LLC lifted its position in Cloudflare by 101.4% in the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company's stock valued at $30,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 82.68% of the company's stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on NET. Mizuho upped their price target on shares of Cloudflare from $240.00 to $280.00 and gave the stock an "outperform" rating in a research report on Friday, October 31st. Needham & Company LLC lifted their price target on Cloudflare from $240.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, October 31st. Susquehanna increased their price objective on Cloudflare from $205.00 to $260.00 and gave the company a "neutral" rating in a research note on Monday, November 3rd. JMP Securities set a $270.00 price objective on shares of Cloudflare in a research note on Friday, October 31st. Finally, Royal Bank Of Canada raised their target price on shares of Cloudflare from $250.00 to $265.00 and gave the stock an "outperform" rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $234.41.
Read Our Latest Research Report 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.
Further Reading
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