Cloudflare (NYSE:NET) CAO Sells $656,434.35 in Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $196.95, for a total value of $656,434.35. Following the completion of the sale, the chief accounting officer owned 52,644 shares in the company, valued at approximately $10,368,235.80. This represents a 5.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 value 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 value of $4,433,080.00.

Cloudflare Trading Up 1.1%

Cloudflare stock opened at $212.47 on Friday. Cloudflare, Inc. has a 12 month low of $154.93 and a 12 month high of $260.00. The firm has a market cap of $75.10 billion, a PE ratio of -849.88 and a beta of 1.67. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock’s 50 day simple moving average is $207.63 and its two-hundred day simple moving average is $199.23.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same quarter last year, the firm posted $0.16 EPS. The business’s revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. New Street Research set a $140.00 price objective on Cloudflare in a report on Wednesday, February 11th. Royal Bank Of Canada raised their price objective on Cloudflare from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Susquehanna raised their price objective on Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Finally, Morgan Stanley set a $245.00 price objective on Cloudflare in a report on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Cloudflare currently has an average rating of “Moderate Buy” and an average price target of $236.68.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare’s partnership with Anthropic to launch Cloudflare Environments for Claude Managed Agents is being viewed as a meaningful step into AI infrastructure, which could support future revenue growth and broader platform adoption. Cloudflare (NET) Stock Trades Up, Here Is Why
• Positive Sentiment: Recent coverage continues to frame Cloudflare as an AI and big-data beneficiary, with sector interest in cloud and cybersecurity names helping sentiment around the stock. Invest in These 5 Big Data Behemoths to Gain From Wall Street Rally
• Neutral Sentiment: Cloudflare’s latest earnings report was solid, beating estimates on both EPS and revenue, but the market reaction has been mixed as investors weigh strong growth against ongoing losses and rich valuation.
• Neutral Sentiment: Several analysts remain constructive overall, with a consensus Moderate Buy rating, though opinions are still split and some firms continue to advise caution.
• Negative Sentiment: CEO Matthew Prince and CAO Janel Riley both filed stock sales, and CFO Thomas J. Seifert also sold shares. Even though these were pre-planned 10b5-1 transactions, insider selling can still create short-term pressure on the stock.

Hedge Funds Weigh In On Cloudflare

Several institutional investors have recently bought and sold shares of NET. HM Payson & Co. acquired a new position in Cloudflare in the 4th quarter valued at about $25,000. Physician Wealth Advisors Inc. grew its position in Cloudflare by 693.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 104 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in Cloudflare in the 3rd quarter valued at about $26,000. Westside Investment Management Inc. grew its position in Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares in the last quarter. Finally, Wexford Capital LP acquired a new position in Cloudflare in the 3rd quarter valued at about $30,000. 82.68% of the stock is owned by institutional investors and hedge funds.

Cloudflare Company Profile

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.