Cloudflare (NYSE:NET) CFO Sells $2,006,100.00 in Stock

Posted by Brian Himes on May 22nd, 2026

Cloudflare, Inc. (NYSE:NET – Get Free Report) CFO Thomas Seifert sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $200.61, for a total value of $2,006,100.00. Following the completion of the transaction, the chief financial officer directly owned 212,014 shares in the company, valued at approximately $42,532,128.54. This represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cloudflare Stock Up 1.1%

NYSE NET opened at $212.47 on Friday. The stock’s 50 day moving average is $207.63 and its 200 day moving average is $199.23. 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, Inc. has a 12 month low of $154.93 and a 12 month high of $260.00. The stock has a market cap of $75.10 billion, a PE ratio of -849.88 and a beta of 1.67.

Cloudflare (NYSE:NET – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $639.76 million for the quarter, compared to analysts’ expectations of $620.83 million. During the same period in the previous year, the firm earned $0.16 EPS. The firm’s revenue 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.

Hedge Funds Weigh In On Cloudflare

Institutional investors and hedge funds have recently made changes to their positions in the business. HM Payson & Co. purchased a new position in shares of Cloudflare in the 4th quarter worth $25,000. Physician Wealth Advisors Inc. raised its position in Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 104 shares during the period. Wiser Advisor Group LLC purchased a new stake in Cloudflare during the third quarter valued at approximately $26,000. Westside Investment Management Inc. raised its position in Cloudflare by 100.0% during the third 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 period. Finally, Wexford Capital LP purchased a new stake in Cloudflare during the third quarter valued at approximately $30,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

Positive Sentiment: Cloudflare’s partnership with Anthropic to launch Cloudflare Environments for Claude Managed Agents is being viewed as a meaningful step into AI infrastructure, which could support future revenue growth and broader platform adoption. Cloudflare (NET) Stock Trades Up, Here Is Why
Positive Sentiment: Recent coverage continues to frame Cloudflare as an AI and big-data beneficiary, with sector interest in cloud and cybersecurity names helping sentiment around the stock. Invest in These 5 Big Data Behemoths to Gain From Wall Street Rally
Neutral Sentiment: Cloudflare’s latest earnings report was solid, beating estimates on both EPS and revenue, but the market reaction has been mixed as investors weigh strong growth against ongoing losses and rich valuation.
Neutral Sentiment: Several analysts remain constructive overall, with a consensus Moderate Buy rating, though opinions are still split and some firms continue to advise caution.
Negative Sentiment: CEO Matthew Prince and CAO Janel Riley both filed stock sales, and CFO Thomas J. Seifert also sold shares. Even though these were pre-planned 10b5-1 transactions, insider selling can still create short-term pressure on the stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NET. Stifel Nicolaus set a $260.00 target price on shares of Cloudflare in a research note on Friday, May 8th. Robert W. Baird set a $260.00 target price on shares of Cloudflare and gave the company an “outperform” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered Cloudflare from a “buy” rating to a “sell” rating in a research note on Wednesday, April 15th. Zacks Research raised Cloudflare from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th. Finally, Wolfe Research reissued a “peer perform” rating on shares of Cloudflare in a research note on Monday, January 26th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $236.68.

Check Out Our Latest Report on NET

Cloudflare Company Profile

(Get Free Report)

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.