Alissa Michelle Starzak Sells 16,243 Shares of Cloudflare (NYSE:NET) Stock

Posted by on Jun 3rd, 2026

Cloudflare, Inc. (NYSE:NET – Get Free Report) insider Alissa Michelle Starzak sold 16,243 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $216.15, for a total value of $3,510,924.45. Following the sale, the insider owned 118,395 shares of the company’s stock, valued at approximately $25,591,079.25. This represents a 12.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cloudflare Price Performance

Shares of NYSE:NET opened at $272.67 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $96.38 billion, a PE ratio of -1,090.67 and a beta of 1.70. The firm’s 50 day moving average price is $209.52 and its 200-day moving average price is $198.92. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $274.63.

Cloudflare (NYSE:NET – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The company had revenue of $639.76 million during the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the business posted $0.16 earnings per share. The firm’s quarterly 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.

Institutional Investors Weigh In On Cloudflare

Large investors have recently made changes to their positions in the company. HM Payson & Co. bought a new position in Cloudflare during the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. increased its stake in Cloudflare by 693.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 104 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Cloudflare during the 3rd quarter worth approximately $26,000. Westside Investment Management Inc. boosted its position in shares of 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 acquiring an additional 65 shares during the last quarter. Finally, Wexford Capital LP bought a new position in shares of Cloudflare during the 3rd quarter valued at approximately $30,000. 82.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NET has been the subject of a number of analyst reports. Susquehanna increased their price objective on shares of Cloudflare from $190.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Guggenheim lifted their target price on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. BTIG Research reaffirmed a “buy” rating and issued a $243.00 target price on shares of Cloudflare in a report on Friday, May 8th. Jefferies Financial Group assumed coverage on Cloudflare in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, Robert W. Baird set a $260.00 price objective on Cloudflare and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare presently has an average rating of “Moderate Buy” and an average price target of $236.68.

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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.

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Insider Buying and Selling by Quarter for Cloudflare (NYSE:NET)

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