Cloudflare (NYSE:NET) Insider Alissa Michelle Starzak Sells 2,538 Shares of Stock

Cloudflare, Inc. (NYSE:NET) insider Alissa Michelle Starzak sold 2,538 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $304.68, for a total transaction of $773,277.84. Following the transaction, the insider directly owned 112,082 shares of the company’s stock, valued at $34,149,143.76. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Monday, August 17th, Alissa Michelle Starzak sold 3,333 shares of Cloudflare stock. The stock was sold at an average price of $310.15, for a total transaction of $1,033,729.95.
• On Thursday, May 28th, Alissa Michelle Starzak sold 16,243 shares of Cloudflare stock. The shares were sold at an average price of $216.15, for a total transaction of $3,510,924.45.

Cloudflare Price Performance

NYSE NET opened at $292.03 on Thursday. The business’s fifty day moving average price is $265.92 and its 200-day moving average price is $226.28. The stock has a market capitalization of $103.22 billion, a price-to-earnings ratio of -503.50, a PEG ratio of 180.05 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $332.22.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The company had revenue of $696.06 million during the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.Cloudflare’s revenue was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 predict that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Institutional Investors Weigh In On Cloudflare

Several institutional investors have recently modified their holdings of NET. HM Payson & Co. bought a new stake in Cloudflare in the fourth quarter worth about $25,000. Wiser Advisor Group LLC bought a new position in shares of Cloudflare during the third quarter valued at approximately $26,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Cloudflare in the second quarter worth approximately $30,000. Wexford Capital LP purchased a new stake in shares of Cloudflare in the third quarter worth approximately $30,000. Finally, CX Institutional lifted its stake in shares of Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock worth $33,000 after acquiring an additional 44 shares during the last quarter. 82.68% of the stock is owned by institutional investors.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare’s latest quarter exceeded expectations, with earnings per share of $0.29 versus the $0.27 consensus and revenue of $696.1 million versus estimates of $664.7 million. Revenue increased 35.9% year over year, while management provided 2026 guidance. The results reinforce the company’s AI, edge-computing and cybersecurity growth story. Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
• Positive Sentiment: Analyst sentiment remains favorable. Goldman Sachs maintained a Buy rating with a $389 price target, while TD Cowen raised its target to $355. Institutional ownership is also high at 82.68%, with several investment firms increasing their positions during the second quarter. Cloudflare Stock May Look Stretched as AI Growth Lifts Outlook
• Neutral Sentiment: Multiple insiders reported stock sales, including CFO Thomas J. Seifert’s sale of 10,000 shares, Chief Accounting Officer Janel Riley’s combined sale of 5,148 shares, and Alissa Michelle Starzak’s combined sale of 5,871 shares. Each transaction was executed under a pre-arranged Rule 10b5-1 plan, limiting its value as a direct signal of weakening business prospects. Cloudflare CFO SEC Filing
• Negative Sentiment: Valuation is weighing on the stock. Cloudflare remains unprofitable, with a negative net margin and a reported P/E ratio near -503, while its rapid multiyear rally has pushed shares close to their 52-week high. Investors appear concerned that substantial AI-related growth is already reflected in the price, leaving the stock vulnerable to profit-taking and pullbacks. Cloudflare Shares Fall as GF Value Says Stock Is Overvalued

Analysts Set New Price Targets

NET has been the subject of several recent research reports. Benchmark lowered shares of Cloudflare to an “underperform” rating in a research report on Tuesday, July 7th. Stifel Nicolaus set a $260.00 price target on shares of Cloudflare in a research report on Friday, May 8th. Piper Sandler lifted their target price on Cloudflare from $250.00 to $333.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Barclays upped their price target on Cloudflare from $300.00 to $355.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $250.00 price objective on shares of Cloudflare in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and an average price target of $320.19.

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.