Cloudflare (NYSE:NET) CFO Sells $2,195,394.30 in Stock

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,341 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $212.30, for a total transaction of $2,195,394.30. Following the transaction, the chief financial officer owned 224,625 shares in the company, valued at $47,687,887.50. The trade was a 4.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Cloudflare Trading Down 1.4%

NYSE:NET opened at $222.27 on Friday. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $77.86 billion, a price-to-earnings ratio of -766.42 and a beta of 1.98. The firm has a fifty day simple moving average of $187.04 and a two-hundred day simple moving average of $203.27.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $614.51 million for 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 business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 earnings per share. Analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on NET shares. BTIG Research increased their price target on Cloudflare from $199.00 to $243.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Wells Fargo & Company boosted 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. TD Cowen reaffirmed a “buy” rating on shares of Cloudflare in a research report on Tuesday, January 27th. Needham & Company LLC reduced their price target on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $224.00 price target on shares of Cloudflare in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $233.38.

Hedge Funds Weigh In On Cloudflare

Large investors have recently bought and sold shares of the stock. Rakuten Investment Management Inc. bought a new stake in Cloudflare during the third quarter worth $138,660,000. Allianz Asset Management GmbH boosted its position in Cloudflare by 322.4% in the third quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock worth $13,987,000 after purchasing an additional 49,749 shares during the last quarter. National Pension Service grew its stake in Cloudflare by 1.0% in the 3rd quarter. National Pension Service now owns 618,662 shares of the company’s stock valued at $132,759,000 after purchasing an additional 5,939 shares during the period. Westfield Capital Management Co. LP purchased a new stake in shares of Cloudflare during the 2nd quarter valued at $87,868,000. Finally, Swedbank AB increased its position in shares of Cloudflare by 27.7% during the 3rd quarter. Swedbank AB now owns 43,878 shares of the company’s stock valued at $9,416,000 after purchasing an additional 9,527 shares during the last quarter. 82.68% of the stock is currently owned by institutional investors.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Deal buzz: Multiple reports say Coinbase and other firms are competing to build a stablecoin using Cloudflare’s infrastructure for AI-agent payments — investors view this as a new monetization path that extends Cloudflare’s AI/edge narrative and helped lift the stock earlier this week. Cloudflare Stock Surges on Reports of Coinbase, Zerohash Competing to Launch Its Dedicated Stablecoin
• Positive Sentiment: Strategic fit: Analysts and commentary note a logical link between payments for AI agents and Cloudflare’s infrastructure role — a stablecoin/payments layer could deepen customer integration and create new usage-based revenue. Cloudflare’s Stablecoin: A Real Catalyst or Short-Term Hype?
• Positive Sentiment: Enterprise momentum & technical flows: Expanded SentinelOne partnership and order‑flow/Power Inflow signals attracted momentum traders, supporting recent upside tied to AI/enterprise growth expectations. SentinelOne Cloudflare Alliance Targets Unified AI Security And Larger Deals Cloudflare Shares Rise Nearly 7% After Key Trading Signal
• Neutral Sentiment: Wall Street backdrop is broadly positive (many buy/outperform ratings; median target ~$250), which supports conviction but is not a new catalyst. Cloudflare shares rise as AI/enterprise growth narrative keeps gaining traction
• Negative Sentiment: Insider selling: Large, disclosed sales from CEO and CFO this week (multi‑million dollar disposals) are a clear headwind and may weigh on near‑term sentiment despite positive headlines. Cloudflare (NYSE:NET) CFO Sells $2,195,394.30 in Stock Cloudflare (NET) Stock Surges 7% Amid CEO’s $30M Share Sale

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.