Cloudflare (NYSE:NET) CAO Janel Riley Sells 3,481 Shares of Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,481 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $305.26, for a total transaction of $1,062,610.06. Following the sale, the chief accounting officer directly owned 41,547 shares of the company’s stock, valued at $12,682,637.22. This represents a 7.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 17th, Janel Riley sold 1,667 shares of Cloudflare stock. The shares were sold at an average price of $310.36, for a total transaction of $517,370.12.

Cloudflare Price Performance

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

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The firm had revenue of $696.06 million for the quarter, compared to the consensus estimate of $664.66 million. During the same quarter last year, the business posted $0.21 EPS. The company’s revenue for the quarter was up 35.9% on a year-over-year basis. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Research analysts predict that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cloudflare

Institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its position in shares of Cloudflare by 34.2% during the 1st quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock valued at $750,000 after acquiring an additional 1,696 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Cloudflare in the second quarter worth $424,000. Cerity Partners LLC increased its position in shares of Cloudflare by 30.1% in the second quarter. Cerity Partners LLC now owns 27,531 shares of the company’s stock worth $5,391,000 after purchasing an additional 6,363 shares during the period. Sei Investments Co. raised its stake in Cloudflare by 40.1% in the second quarter. Sei Investments Co. now owns 329,036 shares of the company’s stock valued at $64,432,000 after purchasing an additional 94,112 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Cloudflare by 14.6% in the second quarter. The Manufacturers Life Insurance Company now owns 16,461 shares of the company’s stock valued at $3,224,000 after purchasing an additional 2,093 shares in the last quarter. 82.68% of the stock is currently owned by institutional investors.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare’s expanding AI-driven traffic and government-focused security certifications could support continued revenue growth and strengthen its long-term outlook. Cloudflare Stock May Look Stretched as AI Growth Lifts Outlook
• Neutral Sentiment: Recent insider sales were conducted under pre-arranged Rule 10b5-1 trading plans, which reduces their value as a direct signal that executives expect the stock to fall. Nevertheless, the transactions involved multiple insiders and occurred while shares were trading near recent highs. SEC filings show CFO Thomas J. Seifert sold 10,000 shares, while Chief Accounting Officer Janel Riley sold a combined 5,148 shares. Insider Alissa Michelle Starzak sold a combined 5,871 shares. Cloudflare CFO SEC Filing
• Negative Sentiment: Valuation remains the primary concern. Cloudflare has generated substantial gains over the past three years, but its elevated earnings multiples and ongoing losses leave investors questioning how much future AI-related growth is already reflected in the share price. A valuation analysis described the stock as still overvalued, contributing to selling pressure. Cloudflare Shares Fall as GF Value Says Stock Is Overvalued

Analyst Ratings Changes

NET has been the topic of several research reports. Piper Sandler boosted their target price on Cloudflare from $250.00 to $333.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. DZ Bank lowered shares of Cloudflare from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, August 7th. Stifel Nicolaus set a $260.00 target price on shares of Cloudflare in a research note on Friday, May 8th. Needham & Company LLC boosted their price target on Cloudflare from $280.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $389.00 price objective on shares of Cloudflare in a research report on Friday, August 7th. 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $320.19.

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.