Cloudflare (NYSE:NET) Director John Graham-Cumming Sells 2,520 Shares

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of Cloudflare stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $221.58, for a total transaction of $558,381.60. Following the completion of the sale, the director owned 494,067 shares of the company’s stock, valued at $109,475,365.86. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Graham-Cumming also recently made the following trade(s):

• On Monday, February 9th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $173.35, for a total transaction of $436,842.00.

Cloudflare Stock Up 9.0%

Shares of Cloudflare stock opened at $244.46 on Wednesday. Cloudflare, Inc. has a twelve month low of $120.46 and a twelve month high of $260.00. 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 company’s 50 day moving average is $201.24 and its 200 day moving average is $200.23. The company has a market cap of $86.04 billion, a price-to-earnings ratio of -842.92 and a beta of 1.67.

Cloudflare (NYSE:NET) last announced its earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $614.51 million during the quarter, compared to analyst estimates of $591.67 million. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The company’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 EPS. Research analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NET. Wolfe Research reissued a “peer perform” rating on shares of Cloudflare in a research report on Monday, January 26th. Robert W. Baird set a $260.00 price target on shares of Cloudflare and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Morgan Stanley set a $245.00 price objective on shares of Cloudflare in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered shares of Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Finally, Scotiabank reduced their target price on shares of Cloudflare from $255.00 to $225.00 and set a “sector perform” rating for the company in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $232.62.

Institutional Trading of Cloudflare

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. lifted its position in shares of Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares in the last quarter. Wiser Advisor Group LLC purchased a new stake in Cloudflare in the 3rd quarter worth approximately $26,000. HM Payson & Co. bought a new stake in Cloudflare during the 4th quarter worth approximately $25,000. Westside Investment Management Inc. lifted its holdings in Cloudflare by 100.0% during the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares in the last quarter. Finally, ORG Wealth Partners LLC lifted its holdings in Cloudflare by 101.4% during the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock valued at $30,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Forrester named Cloudflare a Leader in its Edge Development Platforms report — this third‑party recognition supports Cloudflare’s positioning in edge and developer tooling, helping justify growth/market‑share expectations. Read More.
• Positive Sentiment: Cloudflare is pushing AI adoption — announcing automated onboarding for AI agents and startup credits (up to $100k) to capture AI‑native apps and developer adoption, which could boost new customer acquisition and revenue over time. Read More.
• Positive Sentiment: High‑profile media endorsement: Jim Cramer called Cloudflare a “terrific cyber defender” on Mad Money ahead of earnings, likely drawing retail interest and short‑term buying momentum. Read More.
• Neutral Sentiment: Analyst coverage remains constructive overall (consensus/average target ≈ $231–$232), but views are mixed — some trims and some upgrades leave upside modest vs. current levels. That keeps buy‑side interest but limits conviction for large fresh upgrades. Read More.
• Neutral Sentiment: Q1 earnings previews flag strong AI and enterprise demand tailwinds but warn macro pressures and potential deal delays — creating a binary earnings reaction: good execution likely extends the rally, while any softness could prompt profit‑taking. Read More.
• Negative Sentiment: Valuation concerns and downgrades: Seeking Alpha downgraded NET to Hold, arguing much of the growth is priced in — that narrative can weigh on value‑oriented funds and temper the rally. Read More.
• Negative Sentiment: Insider selling: Directors Carl Ledbetter (15,000 shares at ~$238 on May 5, via a 10b5‑1 plan), John Graham‑Cumming (2,520 shares at ~$221.58 on May 4, 10b5‑1), and smaller sales from Mark Hawkins were reported — these are largely pre‑arranged and common at the current multiple, but some traders interpret them as modest caution. Read More. Read More. Read More.

About Cloudflare

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.