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

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $247.28, for a total value of $623,145.60. Following the completion of the sale, the director directly owned 494,909 shares in the company, valued at approximately $122,381,097.52. The trade was a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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, June 15th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $235.95, for a total value of $594,594.00.
• On Monday, May 4th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $221.58, for a total value of $558,381.60.

Cloudflare Stock Up 8.9%

Shares of NYSE:NET opened at $269.56 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $276.82. The stock’s fifty day simple moving average is $228.18 and its 200-day simple moving average is $205.84. The company has a market capitalization of $95.28 billion, a P/E ratio of -1,078.22, a P/E/G ratio of 249.32 and a beta of 1.67.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $639.75 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, equities research analysts forecast that Cloudflare, Inc. will post 0.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NET shares. UBS Group boosted their price objective on shares of Cloudflare from $220.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. TD Cowen initiated coverage on shares of Cloudflare in a research note on Tuesday. They issued a “buy” rating for the company. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Jefferies Financial Group lowered Cloudflare from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, BTIG Research raised their price objective on Cloudflare from $243.00 to $269.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.23.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NET. Empowered Funds LLC increased its stake in 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 acquiring an additional 1,696 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Cloudflare in the 2nd quarter worth about $424,000. Cerity Partners LLC lifted its stake in shares of Cloudflare by 30.1% in the 2nd quarter. Cerity Partners LLC now owns 27,531 shares of the company’s stock valued at $5,391,000 after purchasing an additional 6,363 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Cloudflare by 40.1% during the 2nd quarter. Sei Investments Co. now owns 329,036 shares of the company’s stock worth $64,432,000 after purchasing an additional 94,112 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Cloudflare by 14.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,461 shares of the company’s stock worth $3,224,000 after purchasing an additional 2,093 shares during the period. 82.68% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Scotiabank upgraded Cloudflare to Sector Outperform and lifted its price target to $300, signaling stronger conviction in the company’s growth outlook. Scotiabank Upgrades Cloudflare (NYSE:NET) to Sector Outperform
• Positive Sentiment: Recent commentary highlighted Cloudflare’s AI-related opportunity, including new classifications, enhanced analytics, and commercial partnerships aimed at helping site owners and AI companies monetize and manage traffic more effectively. Why Cloudflare (NET) Stock Is Trading Up Today
• Neutral Sentiment: CEO Matthew Prince and director John Graham-Cumming disclosed stock sales under pre-arranged Rule 10b5-1 plans. These trades are large, but they were automatic and do not necessarily signal a change in business fundamentals.

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.