Cloudflare (NYSE:NET) CFO Thomas Seifert Sells 10,000 Shares

Cloudflare, Inc. (NYSE:NET) CFO Thomas Seifert sold 10,000 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $178.37, for a total value of $1,783,700.00. Following the transaction, the chief financial officer owned 137,486 shares of the company’s stock, valued at approximately $24,523,377.82. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Cloudflare Stock Performance

Shares of Cloudflare stock opened at $169.93 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market cap of $59.52 billion, a price-to-earnings ratio of -566.43, a price-to-earnings-growth ratio of 116.70 and a beta of 1.96. The stock’s 50-day moving average is $196.80 and its 200-day moving average is $206.14. Cloudflare, Inc. has a one year low of $89.42 and a one year high of $260.00.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The business had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. During the same quarter last year, the firm earned $0.20 EPS. Cloudflare’s revenue for the quarter was up 30.7% compared to the same quarter last year. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Equities analysts predict that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cloudflare

Institutional investors have recently bought and sold shares of the business. Physician Wealth Advisors Inc. lifted its position in shares of Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares during the last quarter. Wiser Advisor Group LLC bought a new stake in Cloudflare in the 3rd quarter valued at $26,000. Westside Investment Management Inc. lifted its holdings in Cloudflare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Cloudflare during the 2nd quarter valued at $29,000. Finally, ORG Wealth Partners LLC boosted its position in Cloudflare by 101.4% during the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock worth $30,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NET. Stifel Nicolaus increased their target price on shares of Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Argus boosted their price target on shares of Cloudflare from $238.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Oppenheimer assumed coverage on Cloudflare in a report on Monday, November 10th. They issued an “outperform” rating and a $260.00 price objective for the company. Truist Financial set a $225.00 target price on Cloudflare in a research report on Tuesday. Finally, Robert W. Baird set a $230.00 price target on Cloudflare in a research report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has an average rating of “Moderate Buy” and a consensus target price of $232.48.

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.