Alissa Michelle Starzak Sells 3,333 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) insider Alissa Michelle Starzak sold 3,333 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $310.15, for a total transaction of $1,033,729.95. Following the completion of the sale, the insider owned 114,620 shares of the company’s stock, valued at approximately $35,549,393. The trade was a 2.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alissa Michelle Starzak also recently made the following trade(s):

• On Tuesday, August 18th, Alissa Michelle Starzak sold 2,538 shares of Cloudflare stock. The stock was sold at an average price of $304.68, for a total transaction of $773,277.84.
• On Thursday, May 28th, Alissa Michelle Starzak sold 16,243 shares of Cloudflare stock. The stock was sold at an average price of $216.15, for a total transaction of $3,510,924.45.

Cloudflare Stock Performance

NYSE NET opened at $278.03 on Friday. The company has a 50-day simple moving average of $266.93 and a two-hundred day simple moving average of $226.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22. Cloudflare, Inc. has a 12-month low of $158.83 and a 12-month high of $332.22. The firm has a market cap of $98.27 billion, a price-to-earnings ratio of -479.36, a PEG ratio of 174.39 and a beta of 1.65.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The firm had revenue of $696.06 million for the quarter, compared to analysts’ expectations of $664.66 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. During the same period last year, the firm earned $0.21 earnings per share. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, equities analysts forecast that Cloudflare, Inc. will post 0.03 EPS for the current year.

Hedge Funds Weigh In On Cloudflare

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Cloudflare by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 32,407,646 shares of the company’s stock worth $6,389,167,000 after acquiring an additional 90,397 shares during the period. Geode Capital Management LLC increased its position in Cloudflare by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 6,018,175 shares of the company’s stock valued at $1,184,044,000 after purchasing an additional 241,981 shares during the period. Jennison Associates LLC raised its holdings in Cloudflare by 135.8% in the 1st quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock worth $906,758,000 after purchasing an additional 2,530,872 shares in the last quarter. First Trust Advisors LP raised its holdings in Cloudflare by 1.6% in the 4th quarter. First Trust Advisors LP now owns 4,019,157 shares of the company’s stock worth $792,377,000 after purchasing an additional 63,198 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Cloudflare by 1.3% in the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock worth $850,792,000 after purchasing an additional 49,485 shares during the period. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cathie Wood’s firm launched a new exchange-traded fund and included Cloudflare among its purchases, alongside Broadcom and Rocket Lab. The investment provides additional visibility and signals continued interest in Cloudflare’s AI, edge-computing and cybersecurity growth prospects. Cathie Wood’s firm launches new ETF and buys Cloudflare
• Positive Sentiment: Cloudflare’s most recent quarterly results were stronger than expected, with earnings per share of $0.29 versus the $0.27 consensus and revenue of approximately $696 million versus estimates of $665 million. Revenue grew 35.9% year over year, supporting the company’s AI and edge-platform narrative. Cloudflare’s beat-and-raise quarter
• Neutral Sentiment: Several insiders sold shares, including CFO Thomas Seifert’s 10,000 shares and additional sales by Chief Accounting Officer Janel Riley and Alissa Michelle Starzak. The transactions were executed under pre-arranged Rule 10b5-1 plans, meaning they may reflect scheduled diversification rather than a negative view of Cloudflare’s business. Cloudflare insider selling
• Negative Sentiment: Cloudflare is being pulled lower with other AI-cloud stocks amid concerns that tighter or more expensive financing could pressure highly valued growth companies. The stock also remains unprofitable and trades at a very demanding valuation, increasing its sensitivity to profit-taking after a substantial rally. Financing concerns weigh on AI-cloud stocks
• Negative Sentiment: GuruFocus characterized Cloudflare as overvalued following its recent decline. With shares near the upper end of their 52-week range and valuation expectations already reflecting substantial AI-driven growth, investors may be demanding stronger future results to justify the price. Cloudflare shares remain overvalued

Analyst Upgrades and Downgrades

NET has been the subject of several recent research reports. Susquehanna boosted their price objective on Cloudflare from $200.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. BTIG Research raised their target price on shares of Cloudflare from $314.00 to $382.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $136.00 target price on shares of Cloudflare in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Cloudflare to a “buy” rating in a report on Tuesday, July 7th. Finally, Zacks Research cut shares of Cloudflare from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $320.19.

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.