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

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $235.95, for a total transaction of $594,594.00. Following the completion of the transaction, the director owned 494,067 shares of the company’s stock, valued at approximately $116,575,108.65. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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, 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 transaction of $558,381.60.

Cloudflare Stock Performance

Shares of NET opened at $228.07 on Thursday. Cloudflare, Inc. has a one year low of $158.83 and a one year high of $276.82. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. The stock has a market cap of $80.62 billion, a price-to-earnings ratio of -912.28, a PEG ratio of 411.56 and a beta of 1.70. The company has a 50-day moving average of $217.30 and a two-hundred day moving average of $202.45.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share 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 business had revenue of $639.76 million for the quarter, compared to the consensus estimate of $620.83 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. Cloudflare’s revenue for the quarter was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, equities research analysts expect that Cloudflare, Inc. will post 0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

NET has been the topic of a number of research analyst reports. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a report on Monday, April 20th. New Street Research reiterated a “market outperform” rating on shares of Cloudflare in a report on Monday. Piper Sandler reiterated an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $305.00 price target on shares of Cloudflare in a report on Thursday, June 4th. Twenty-one analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $241.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NET. HM Payson & Co. purchased a new position in Cloudflare in the fourth quarter valued at about $25,000. Wiser Advisor Group LLC purchased a new position in Cloudflare in the third quarter valued at about $26,000. Wexford Capital LP purchased a new position in Cloudflare in the third quarter valued at about $30,000. Ameriflex Group Inc. grew its stake in Cloudflare by 105.6% in the third quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock valued at $32,000 after purchasing an additional 76 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in Cloudflare by 55.4% in the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a new Cloudflare One Design Partner Designation to help select global partners accelerate secure AI and SASE adoption, reinforcing demand for its enterprise security platform and supporting its long-term growth narrative.
• Positive Sentiment: Analyst and investor interest remains constructive, with Cloudflare highlighted as one of the more watched generative AI software names and previously supported by bullish analyst ratings and price targets.
• Neutral Sentiment: A third-party announcement about Spur’s no-code Cloudflare integration added ecosystem visibility, but it does not appear to materially change Cloudflare’s fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, creating a governance headline that could keep some investors cautious.
• Negative Sentiment: Cloudflare CFO Thomas J. Seifert sold 10,000 shares under a pre-arranged trading plan, and Director John Graham-Cumming also sold shares, which may pressure sentiment even though the sales were routine and relatively small versus their holdings.
• Negative Sentiment: Shares have also been weaker than the broader market in the latest sessions, suggesting some profit-taking after a strong run and leaving the stock sensitive to any negative headlines.

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.