Key Points
- Cloudflare Director Carl Ledbetter sold 15,000 shares on March 18 at an average price of $227.05 for proceeds of $3,405,750, trimming his stake by 1.57% to 938,073 shares valued at about $213M.
- The trade is part of multiple recent insider sales (including earlier January/December disposals and CEO stock sales), a development MarketBeat highlights as a potential short‑term headwind for sentiment.
- Operationally Cloudflare posted revenue of $614.51M (up 33.6% year‑over‑year) and a slight EPS beat, but retains negative net margin and a negative trailing PE, while analysts hold a consensus "Moderate Buy" with a ~$233.38 price target.
Cloudflare, Inc. (NYSE:NET - Get Free Report) Director Carl Ledbetter sold 15,000 shares of the company's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $227.05, for a total value of $3,405,750.00. Following the completion of the sale, the director owned 938,073 shares in the company, valued at $212,989,474.65. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Carl Ledbetter also recently made the following trade(s):
- On Tuesday, January 27th, Carl Ledbetter sold 15,000 shares of Cloudflare stock. The stock was sold at an average price of $211.16, for a total value of $3,167,400.00.
- On Monday, January 5th, Carl Ledbetter sold 6,134 shares of Cloudflare stock. The shares were sold at an average price of $198.26, for a total transaction of $1,216,126.84.
- On Tuesday, December 30th, Carl Ledbetter sold 192 shares of Cloudflare stock. The stock was sold at an average price of $201.25, for a total transaction of $38,640.00.
- 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.
Cloudflare Price Performance
NYSE:NET opened at $215.14 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 1.35. The firm has a market cap of $75.36 billion, a PE ratio of -741.85 and a beta of 1.98. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. The company's 50-day moving average price is $187.69 and its two-hundred day moving average price is $203.31.
Cloudflare (NYSE:NET - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The company had revenue of $614.51 million during the quarter, compared to analyst estimates of $591.67 million. During the same quarter last year, the business posted $0.19 earnings per share. The company's revenue was up 33.6% on a year-over-year basis. On average, equities analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.
Key Headlines Impacting Cloudflare
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Reports that Coinbase and other firms are competing to use Cloudflare’s infrastructure for a new AI‑stablecoin / agent payments project drove investor enthusiasm by linking Cloudflare to AI monetization and crypto payments. Read More.
- Positive Sentiment: Cloudflare expanded its enterprise security footprint via a deeper partnership with SentinelOne to integrate Singularity SIEM telemetry with Cloudflare’s network — a deal that could increase cross‑sell into larger security contracts. Read More.
- Positive Sentiment: Momentum/flow signals and short‑term technical buying attracted momentum traders during the rally, contributing to prior gains. Read More.
- Neutral Sentiment: Market commentary frames Cloudflare’s stablecoin idea as a plausible strategic extension tied to AI agents, but analysts caution it’s early and unconfirmed — upside depends on execution. Read More.
- Neutral Sentiment: Wall Street coverage remains mostly constructive (many Buy/Outperform ratings and a mid‑$200s target consensus), which supports longer‑term sentiment but is not a fresh catalyst. Read More.
- Negative Sentiment: Large insider selling (CEO Matthew Prince sold multiple blocks this week and a director also sold shares) is a clear headwind — it can prompt short‑term selling and make some investors wary even as headlines remain positive. Read More. • Read More.
- Negative Sentiment: Broader market technical weakness and profit‑taking after a sharp multi‑week rally increase downside risk for high‑beta, narrative stocks like NET. Read More.
Institutional Trading of Cloudflare
Large investors have recently made changes to their positions in the company. Empowered Funds LLC raised its position in shares of Cloudflare by 34.2% during the first quarter. Empowered Funds LLC now owns 6,656 shares of the company's stock worth $750,000 after purchasing an additional 1,696 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Cloudflare in the 2nd quarter valued at approximately $424,000. PNC Financial Services Group Inc. increased its stake in Cloudflare by 37.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,961 shares of the company's stock worth $1,951,000 after purchasing an additional 2,722 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Cloudflare by 55.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 10,407 shares of the company's stock worth $2,038,000 after purchasing an additional 3,705 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in Cloudflare by 113.6% during the 2nd quarter. Kingsview Wealth Management LLC now owns 3,913 shares of the company's stock worth $766,000 after buying an additional 2,081 shares during the period. Institutional investors own 82.68% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have issued reports on NET. Weiss Ratings restated a "sell (d-)" rating on shares of Cloudflare in a research report on Wednesday, January 21st. UBS Group reissued a "neutral" rating and set a $220.00 price target on shares of Cloudflare in a research note on Wednesday, February 11th. Jefferies Financial Group increased their price objective on shares of Cloudflare from $185.00 to $225.00 and gave the company a "hold" rating in a report on Wednesday, February 11th. Robert W. Baird set a $260.00 price objective on shares of Cloudflare and gave the company an "outperform" rating in a research note on Wednesday, February 11th. Finally, Needham & Company LLC lowered their target price on shares of Cloudflare from $285.00 to $250.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $233.38.
Read Our Latest Analysis on NET
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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