Key Points
- Carl Ledbetter, a Cloudflare director, sold 192 shares on Dec. 30 at an average price of $201.25 for $38,640 and still holds 974,207 shares (≈$196.06M), marking only a 0.02% reduction after several larger sales in Oct–Dec.
- Cloudflare shares opened at $199.75 (down ~0.5%); the company has a market cap of about $69.97B, a negative PE, and recently beat quarterly estimates with EPS $0.27 and revenue up 30.7% year‑over‑year, while the MarketBeat consensus is a Moderate Buy with a $234.78 target.
- Institutional ownership is high at 82.68%, with major managers like Vanguard, Geode, Invesco and UBS increasing stakes and Norges Bank establishing a new position.
Cloudflare, Inc. (NYSE:NET - Get Free Report) Director Carl Ledbetter sold 192 shares of the company's stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $201.25, for a total transaction of $38,640.00. Following the sale, the director directly owned 974,207 shares of the company's stock, valued at approximately $196,059,158.75. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Carl Ledbetter also recently made the following trade(s):
- On Monday, December 29th, Carl Ledbetter sold 8,674 shares of Cloudflare stock. The shares were sold at an average price of $201.46, for a total transaction of $1,747,464.04.
- On Monday, November 17th, Carl Ledbetter sold 15,000 shares of Cloudflare stock. The stock was sold at an average price of $207.96, for a total value of $3,119,400.00.
- On Monday, October 20th, Carl Ledbetter sold 15,000 shares of Cloudflare stock. The shares were sold at an average price of $210.65, for a total value of $3,159,750.00.
Cloudflare Stock Down 0.5%
NYSE NET opened at $199.75 on Wednesday. The firm has a market cap of $69.97 billion, a PE ratio of -665.82 and a beta of 1.95. Cloudflare, Inc. has a one year low of $89.42 and a one year high of $260.00. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The stock's 50 day simple moving average is $209.70 and its 200 day simple moving average is $206.00.
Cloudflare (NYSE:NET - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The business had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. During the same period in the prior year, the business posted $0.20 earnings per share. Cloudflare'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. As a group, sell-side analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Cloudflare
Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Cloudflare by 2.6% during the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company's stock worth $6,934,958,000 after purchasing an additional 821,684 shares during the period. Geode Capital Management LLC boosted its stake in Cloudflare by 5.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,536,679 shares of the company's stock valued at $1,081,533,000 after purchasing an additional 270,227 shares during the period. Invesco Ltd. grew its holdings in Cloudflare by 1.3% in the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company's stock valued at $850,792,000 after buying an additional 49,485 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Cloudflare by 33.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company's stock worth $352,610,000 after buying an additional 786,063 shares during the period. Finally, Norges Bank acquired a new stake in shares of Cloudflare during the second quarter worth $541,462,000. Institutional investors own 82.68% of the company's stock.
Wall Street Analyst Weigh In
NET has been the subject of a number of analyst reports. Robert W. Baird set a $230.00 target price on shares of Cloudflare in a research report on Wednesday, December 17th. Royal Bank Of Canada upped their target price on Cloudflare from $250.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, October 31st. Citigroup increased their price target on Cloudflare from $255.00 to $318.00 and gave the company a "buy" rating in a research report on Monday, November 3rd. Oppenheimer began coverage on Cloudflare in a research note on Monday, November 10th. They set an "outperform" rating and a $260.00 price objective on the stock. Finally, Scotiabank increased their price objective on Cloudflare from $200.00 to $225.00 and gave the company a "sector perform" rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Cloudflare has a consensus rating of "Moderate Buy" and a consensus target price of $234.78.
View Our Latest Stock Analysis on Cloudflare
Cloudflare Company Profile
(
Get Free Report)
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.
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