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

Cloudflare, Inc. (NYSE:NET) insider Michelle Zatlyn sold 25,641 shares of Cloudflare stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $187.96, for a total transaction of $4,819,482.36. Following the transaction, the insider owned 24,555 shares in the company, valued at approximately $4,615,357.80. This trade represents a 51.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Thursday, January 15th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $190.05, for a total value of $4,873,072.05.
• On Thursday, December 11th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $208.61, for a total value of $5,348,969.01.
• On Tuesday, December 9th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $205.15, for a total value of $5,260,251.15.
• On Monday, November 24th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $189.07, for a total transaction of $4,847,943.87.
• On Friday, November 21st, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $188.13, for a total value of $4,823,841.33.
• On Thursday, November 20th, Michelle Zatlyn sold 35,099 shares of Cloudflare stock. The shares were sold at an average price of $199.26, for a total transaction of $6,993,826.74.

Cloudflare Trading Down 2.0%

Cloudflare stock traded down $3.80 during midday trading on Thursday, reaching $184.59. The stock had a trading volume of 2,674,236 shares, compared to its average volume of 1,921,420. Cloudflare, Inc. has a 52-week low of $89.42 and a 52-week high of $260.00. The company has a fifty day moving average of $201.16 and a 200 day moving average of $206.33. The firm has a market cap of $64.66 billion, a price-to-earnings ratio of -615.30, a price-to-earnings-growth ratio of 123.91 and a beta of 1.96. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The firm had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. During the same period in the prior year, the business posted $0.20 earnings per share. The company’s revenue for the quarter was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. On average, analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NET shares. Argus lifted their price objective on shares of Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a report on Monday, November 10th. UBS Group reduced their target price on shares of Cloudflare from $245.00 to $210.00 and set a “neutral” rating on the stock in a research report on Tuesday. Wells Fargo & Company boosted their price target on Cloudflare from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Jefferies Financial Group restated a “hold” rating and set a $225.00 price objective on shares of Cloudflare in a report on Tuesday, December 16th. Finally, Susquehanna upped their target price on Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $232.41.

Institutional Trading of Cloudflare

Large investors have recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its holdings in Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare in the 3rd quarter valued at about $26,000. Westside Investment Management Inc. raised its holdings in Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Cloudflare during the second quarter worth approximately $29,000. Finally, ORG Wealth Partners LLC grew its holdings in Cloudflare by 101.4% in the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock valued at $30,000 after purchasing an additional 70 shares during the period. Hedge funds and other 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.