Cloudflare (NYSE:NET) Insider Michelle Zatlyn Sells 25,641 Shares

Posted by George Bondi on Jun 19th, 2026

Cloudflare, Inc. (NYSE:NET – Get Free Report) insider Michelle Zatlyn sold 25,641 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $219.11, for a total value of $5,618,199.51. Following the completion of the sale, the insider directly owned 47,425 shares of the company’s stock, valued at $10,391,291.75. This trade represents a 35.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michelle Zatlyn also recently made the following trade(s):

On Tuesday, June 16th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $232.98, for a total transaction of $5,973,840.18.
On Tuesday, May 26th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $211.83, for a total transaction of $5,431,533.03.
On Friday, May 22nd, Michelle Zatlyn sold 35,080 shares of Cloudflare stock. The stock was sold at an average price of $213.98, for a total value of $7,506,418.40.
On Wednesday, April 22nd, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $209.15, for a total value of $5,362,815.15.
On Monday, April 20th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $199.37, for a total transaction of $5,112,046.17.

Cloudflare Price Performance

Shares of NYSE NET opened at $223.97 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $276.82. The stock’s 50-day simple moving average is $217.46 and its 200-day simple moving average is $202.62. The firm has a market capitalization of $79.17 billion, a PE ratio of -895.88, a price-to-earnings-growth ratio of 404.25 and a beta of 1.70.

Cloudflare (NYSE:NET – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $639.75 million during the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business’s revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the business earned $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, equities research analysts forecast that Cloudflare, Inc. will post 0.01 EPS for the current fiscal year.

Institutional Trading of Cloudflare

A number of institutional investors and hedge funds have recently bought and sold shares of NET. Lingotto Investment Management LLP acquired a new stake in Cloudflare in the fourth quarter valued at approximately $34,626,000. Trek Financial LLC purchased a new position in Cloudflare in the 4th quarter valued at about $1,793,000. Jupiter Asset Management Ltd. grew its stake in shares of Cloudflare by 1,984.7% during the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock valued at $38,979,000 after acquiring an additional 188,226 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Cloudflare by 25.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock valued at $323,259,000 after acquiring an additional 336,768 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Cloudflare by 275.6% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 37,072 shares of the company’s stock worth $7,348,000 after acquiring an additional 27,202 shares during the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analysts Set New Price Targets

NET has been the topic of a number of recent analyst reports. Mizuho upped their price target on shares of Cloudflare from $235.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Citizens Jmp restated a “market outperform” rating and issued a $270.00 price target on shares of Cloudflare in a report on Monday. Jefferies Financial Group assumed coverage on Cloudflare in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. KeyCorp reissued an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Finally, TD Cowen reiterated a “buy” 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 issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Cloudflare presently has an average rating of “Moderate Buy” and a consensus target price of $241.35.

Check Out Our Latest Research Report on NET

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

Negative Sentiment: CFO Thomas J. Seifert sold 10,000 shares under a pre-arranged Rule 10b5-1 plan, and director John Graham-Cumming also disclosed a sale. While routine, insider sales can still dampen sentiment. Article Title
Negative Sentiment: Shareholder advisory group JLens urged investors to withhold votes for two directors, creating a governance overhang ahead of the June 30 annual meeting. Article Title

About Cloudflare

(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.