Cloudflare (NYSE:NET) CAO Janel Riley Sells 1,667 Shares

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 1,667 shares of Cloudflare stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $310.36, for a total value of $517,370.12. Following the transaction, the chief accounting officer directly owned 45,028 shares in the company, valued at $13,974,890.08. The trade was a 3.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 18th, Janel Riley sold 3,481 shares of Cloudflare stock. The shares were sold at an average price of $305.26, for a total transaction of $1,062,610.06.

Cloudflare Trading Down 3.1%

NET opened at $292.03 on Thursday. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $332.22. The company has a fifty day moving average of $265.92 and a 200-day moving average of $226.28. The stock has a market cap of $103.22 billion, a PE ratio of -503.50, a price-to-earnings-growth ratio of 180.05 and a beta of 1.65. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $696.06 million for the quarter, compared to the consensus estimate of $664.66 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The firm’s revenue was up 35.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 EPS. 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, sell-side analysts predict that Cloudflare, Inc. will post 0.03 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NET shares. KeyCorp upped their target price on Cloudflare from $300.00 to $375.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Jefferies Financial Group set a $350.00 price target on shares of Cloudflare in a research note on Friday, August 7th. Morgan Stanley restated an “overweight” rating and set a $370.00 price objective on shares of Cloudflare in a report on Friday, August 7th. Royal Bank Of Canada raised their price objective on shares of Cloudflare from $290.00 to $346.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, Zacks Research cut shares of Cloudflare from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Cloudflare currently has an average rating of “Moderate Buy” and an average price target of $320.19.

Cloudflare News Summary

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

Institutional Investors Weigh In On Cloudflare

Institutional investors have recently bought and sold shares of the stock. Susquehanna Fundamental Investments LLC purchased a new stake in Cloudflare in the 2nd quarter valued at $4,405,000. Sigma Planning Corp boosted its holdings in Cloudflare by 115.4% during the 2nd quarter. Sigma Planning Corp now owns 3,978 shares of the company’s stock worth $976,000 after acquiring an additional 2,131 shares during the last quarter. Two Sigma Securities LLC boosted its holdings in Cloudflare by 170.4% during the 2nd quarter. Two Sigma Securities LLC now owns 4,630 shares of the company’s stock worth $1,136,000 after acquiring an additional 2,918 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of Cloudflare by 55.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 3,928 shares of the company’s stock worth $963,000 after acquiring an additional 1,408 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Cloudflare in the 2nd quarter worth $75,595,000. Institutional investors own 82.68% of the company’s stock.

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.