Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Cloudflare, Inc. (NYSE:NET). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cloudflare stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
- Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
- Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
- Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
- Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
- Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
- Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
- Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.
Cloudflare Stock Down 2.4%
NYSE:NET traded down $4.74 during trading hours on Thursday, hitting $191.46. 3,195,996 shares of the company’s stock traded hands, compared to its average volume of 3,573,131. The stock’s fifty day moving average price is $220.10 and its two-hundred day moving average price is $197.07. The firm has a market cap of $67.06 billion, a P/E ratio of -638.19 and a beta of 2.10. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. Cloudflare, Inc. has a twelve month low of $89.42 and a twelve month high of $260.00.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on NET. Needham & Company LLC upped their price objective on shares of Cloudflare from $240.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, October 31st. KeyCorp upped their price target on shares of Cloudflare from $235.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a report on Wednesday, October 8th. Oppenheimer started coverage on Cloudflare in a research report on Monday, November 10th. They set an “outperform” rating and a $260.00 price objective for the company. Finally, Bank of America boosted their target price on Cloudflare from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $235.35.
Read Our Latest Analysis on NET
Insiders Place Their Bets
In other Cloudflare news, insider Michelle Zatlyn sold 25,641 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $195.61, for a total transaction of $5,015,636.01. Following the completion of the sale, the insider directly owned 14,575 shares in the company, valued at $2,851,015.75. This represents a 63.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Prince sold 52,384 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $226.46, for a total value of $11,862,880.64. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 583,955 shares of company stock valued at $123,647,846. Company insiders own 10.89% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Physician Wealth Advisors Inc. boosted its position in 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 purchasing an additional 104 shares during the period. Wiser Advisor Group LLC acquired a new stake in shares of Cloudflare in the third quarter worth $26,000. Westside Investment Management Inc. boosted its holdings 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 buying an additional 65 shares during the period. ORG Wealth Partners LLC grew its stake in Cloudflare by 101.4% in the 3rd 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. Finally, Wexford Capital LP acquired a new position in Cloudflare in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 82.68% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Cloudflare
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.
See Also
- Five stocks we like better than Cloudflare
- How to invest in marijuana stocks in 7 steps
- Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?
- How to Capture the Benefits of Dividend Increases
- Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 One
Receive News & Ratings for Cloudflare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudflare and related companies with MarketBeat.com's FREE daily email newsletter.
