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

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $235.95, for a total value of $594,594.00. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 value of $558,381.60.

Cloudflare Price Performance

Shares of NET stock opened at $231.19 on Wednesday. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $276.82. The stock has a market capitalization of $81.72 billion, a price-to-earnings ratio of -924.75, a P/E/G ratio of 496.37 and a beta of 1.70. The stock has a fifty day simple moving average of $216.97 and a two-hundred day simple moving average of $202.23. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET) last issued its 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 return on equity of 5.65% and a negative net margin of 3.72%.The business had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. During the same period in the prior year, the business earned $0.16 EPS. The business’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, analysts predict that Cloudflare, Inc. will post 0.01 EPS for the current fiscal year.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare continued to attract investor attention as one of Zacks’ most watched stocks, and the company also saw upbeat analyst support when Citizens JMP reaffirmed its “market outperform” rating with a $270 price target, implying meaningful upside from current levels.
• Positive Sentiment: Shares had recently benefited from broader enthusiasm for AI security plays, with Cloudflare mentioned alongside other cybersecurity names as investors rotated into the theme.
• Neutral Sentiment: A new third-party announcement highlighted a no-code Cloudflare integration from Spur to improve session enrichment and traffic enforcement, reinforcing Cloudflare’s ecosystem presence but not directly changing fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, adding a governance-related headline that could keep some investors cautious.
• Negative Sentiment: A director, John Graham-Cumming, disclosed the sale of 2,520 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the transaction was routine and small relative to his holdings.
• Negative Sentiment: Cloudflare also fell more than the broader market in the latest session, reflecting some profit-taking after earlier strength and mixed investor positioning.

Wall Street Analyst Weigh In

NET has been the subject of several research reports. Piper Sandler reiterated an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Royal Bank Of Canada upped their target price on Cloudflare from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. TD Cowen reiterated a “buy” rating on shares of Cloudflare in a report on Wednesday, June 10th. Finally, KeyCorp reiterated an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Twenty-one equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Cloudflare presently has a consensus rating of “Moderate Buy” and a consensus price target of $241.35.

Institutional Investors Weigh In On Cloudflare

Hedge funds have recently made changes to their positions in the stock. Wiser Advisor Group LLC purchased a new stake in shares of Cloudflare during the 3rd quarter worth $26,000. HM Payson & Co. purchased a new stake in shares of Cloudflare during the 4th quarter worth $25,000. Wexford Capital LP purchased a new stake in shares of Cloudflare during the 3rd quarter worth $30,000. Ameriflex Group Inc. lifted its stake in shares of Cloudflare by 105.6% during the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after purchasing an additional 76 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of Cloudflare by 55.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 56 shares during the last quarter. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

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.