Key Points
- Cloudflare CFO Thomas Seifert sold 10,000 shares on May 18 at an average price of $200.61, totaling about $2.0 million. The sale was made under a pre-arranged Rule 10b5-1 plan, and his ownership fell 4.5% to 212,014 shares.
- Cloudflare reported stronger-than-expected quarterly results, posting EPS of $0.25 versus the $0.23 estimate and revenue of $639.76 million, up 33.5% year over year. The company also issued FY 2026 and Q2 2026 guidance.
- Institutional ownership remains high, with hedge funds and asset managers holding 82.68% of the stock. Analysts remain generally constructive, with a consensus rating of Moderate Buy and an average target price of $236.68.
Cloudflare, Inc. (NYSE:NET - Get Free Report) CAO Janel Riley sold 3,333 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $196.95, for a total transaction of $656,434.35. Following the completion of the transaction, the chief accounting officer owned 52,644 shares of the company's stock, valued at $10,368,235.80. This represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Janel Riley also recently made the following trade(s):
- On Monday, May 18th, Janel Riley sold 3,481 shares of Cloudflare stock. The stock was sold at an average price of $193.32, for a total transaction of $672,946.92.
- On Thursday, March 5th, Janel Riley sold 23,332 shares of Cloudflare stock. The stock was sold at an average price of $190.00, for a total transaction of $4,433,080.00.
Cloudflare Stock Performance
Shares of Cloudflare stock opened at $206.81 on Wednesday. The company has a market capitalization of $73.10 billion, a PE ratio of -827.25 and a beta of 1.67. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The company has a 50-day simple moving average of $207.36 and a two-hundred day simple moving average of $199.61. Cloudflare, Inc. has a one year low of $154.93 and a one year high of $260.00.
Cloudflare (NYSE:NET - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The business had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The firm's revenue was up 33.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. Research analysts expect that Cloudflare, Inc. will post -0.08 EPS for the current fiscal year.
Institutional Investors Weigh In On Cloudflare
A number of large investors have recently modified their holdings of NET. HM Payson & Co. purchased a new stake in shares of Cloudflare during the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. grew its stake in shares of Cloudflare by 693.3% during 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 last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Cloudflare during the third quarter worth about $26,000. Westside Investment Management Inc. grew its stake 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 last quarter. Finally, Wexford Capital LP purchased a new stake in shares of Cloudflare during the third quarter worth about $30,000. Hedge funds and other institutional investors own 82.68% of the company's stock.
Wall Street Analyst Weigh In
NET has been the subject of a number of recent research reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Cloudflare in a report on Monday, April 20th. Wells Fargo & Company boosted their target price on shares of Cloudflare from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Wednesday, February 11th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $224.00 target price on shares of Cloudflare in a report on Wednesday, February 11th. Jefferies Financial Group assumed coverage on Cloudflare in a research note on Wednesday, April 15th. They set a "buy" rating on the stock. Finally, Royal Bank Of Canada boosted their price target on Cloudflare from $230.00 to $240.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $236.68.
View Our Latest Analysis on NET
Cloudflare News Summary
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, which could strengthen its positioning in AI infrastructure and developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
- Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and workforce reduction as part of a strategy to improve efficiency while expanding AI products, which may be viewed as a margin and growth catalyst. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
- Positive Sentiment: Investor interest in AI-linked internet software names and a sectorwide lift after a strong Cisco report have also helped sentiment around NET. Why Cloudflare (NET) Stock Is Trading Up Today
- Neutral Sentiment: Analyst and media commentary continues to group Cloudflare with other AI software beneficiaries, but this is more sentiment-driven than a new fundamental update. Fastly's Compute Revenues Surge: Is AI Demand Powering Growth?
- Negative Sentiment: Chief accounting officer Janel Riley sold shares in two separate transactions, and CFO Thomas J. Seifert also sold 10,000 shares, which can create some short-term pressure even though all were under pre-arranged 10b5-1 plans.
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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