Janel Riley Sells 3,481 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,481 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $193.32, for a total value of $672,946.92. Following the transaction, the chief accounting officer directly owned 49,163 shares of the company’s stock, valued at $9,504,191.16. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Janel Riley also recently made the following trade(s):

• On Friday, May 15th, Janel Riley sold 3,333 shares of Cloudflare stock. The stock was sold at an average price of $196.95, for a total value of $656,434.35.
• On Thursday, March 5th, Janel Riley sold 23,332 shares of Cloudflare stock. The shares were sold at an average price of $190.00, for a total value of $4,433,080.00.

Cloudflare Trading Up 1.6%

NYSE NET opened at $210.02 on Thursday. Cloudflare, Inc. has a 52 week low of $154.93 and a 52 week high of $260.00. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The stock’s 50 day moving average price is $207.53 and its two-hundred day moving average price is $199.52. The stock has a market capitalization of $74.24 billion, a price-to-earnings ratio of -840.09 and a beta of 1.67.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The company had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. During the same period last year, the business earned $0.16 EPS. The business’s quarterly 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NET. Frank Rimerman Advisors LLC raised its holdings in shares of Cloudflare by 1.8% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock valued at $605,000 after purchasing an additional 51 shares during the period. Quadrant Private Wealth Management LLC increased its position in Cloudflare by 3.2% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,653 shares of the company’s stock worth $341,000 after acquiring an additional 51 shares during the period. Jamison Private Wealth Management Inc. raised its stake in Cloudflare by 2.6% in the 1st quarter. Jamison Private Wealth Management Inc. now owns 2,064 shares of the company’s stock worth $426,000 after purchasing an additional 52 shares in the last quarter. Revisor Wealth Management LLC raised its stake in Cloudflare by 4.0% in the 1st quarter. Revisor Wealth Management LLC now owns 1,390 shares of the company’s stock worth $287,000 after purchasing an additional 53 shares in the last quarter. Finally, IMA Advisory Services Inc. boosted its holdings in Cloudflare by 4.5% in the 4th quarter. IMA Advisory Services Inc. now owns 1,290 shares of the company’s stock valued at $254,000 after purchasing an additional 55 shares during the period. Institutional investors own 82.68% of the company’s stock.

Analyst Ratings Changes

NET has been the topic of several analyst reports. KeyCorp cut shares of Cloudflare from an “overweight” rating to a “hold” rating in a research report on Wednesday, April 15th. Citigroup assumed coverage on Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Zacks Research raised Cloudflare from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Piper Sandler reiterated an “overweight” rating and set a $250.00 target price (up from $222.00) on shares of Cloudflare in a report on Friday, May 8th. Finally, Guggenheim increased their price target on Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock 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 announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, strengthening its role in AI infrastructure and secure developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
• Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and 20% workforce reduction as a way to improve efficiency and support margin expansion while the company pushes new AI products. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
• Positive Sentiment: Cloudflare’s Q1 results beat expectations, with revenue and EPS both topping estimates, reinforcing the view that the company’s growth remains strong. Cloudflare (NET) Q1 Results Beat Expectations, But Market Reaction Tells A Mixed Story
• Neutral Sentiment: Analyst and sector commentary continues to group NET with other AI and big-data beneficiaries, which supports sentiment but does not reflect a company-specific catalyst. Invest in These 5 Big Data Behemoths to Gain From Wall Street Rally
• Negative Sentiment: Cloudflare’s CAO and CFO both sold shares recently, which can weigh on investor sentiment even though the transactions were made under pre-arranged 10b5-1 plans.
• Negative Sentiment: Opinion coverage suggested Cloudflare may replace some middle-management and operations roles with AI, raising concerns about restructuring pressure and the pace of workforce changes. Opinion | How I Choose Which Cloudflare Employees to Replace With AI

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.