Cloudflare (NYSE:NET) Director Carl Ledbetter Sells 15,000 Shares of Stock

Cloudflare, Inc. (NYSE:NET) Director Carl Ledbetter sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $211.16, for a total transaction of $3,167,400.00. Following the completion of the sale, the director owned 953,073 shares of the company’s stock, valued at $201,250,894.68. The trade was a 1.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Carl Ledbetter also recently made the following trade(s):

• On Monday, January 5th, Carl Ledbetter sold 6,134 shares of Cloudflare stock. The shares were sold at an average price of $198.26, for a total value of $1,216,126.84.
• On Tuesday, December 30th, Carl Ledbetter sold 192 shares of Cloudflare stock. The shares were sold at an average price of $201.25, for a total transaction of $38,640.00.
• On Monday, December 29th, Carl Ledbetter sold 8,674 shares of Cloudflare stock. The stock was sold at an average price of $201.46, for a total value of $1,747,464.04.
• On Monday, November 17th, Carl Ledbetter sold 15,000 shares of Cloudflare stock. The shares were sold at an average price of $207.96, for a total transaction of $3,119,400.00.

Cloudflare Price Performance

NYSE NET opened at $184.79 on Thursday. The business has a 50 day simple moving average of $194.93 and a 200 day simple moving average of $206.03. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. Cloudflare, Inc. has a 52-week low of $89.42 and a 52-week high of $260.00. The stock has a market cap of $64.73 billion, a price-to-earnings ratio of -615.97, a PEG ratio of 135.46 and a beta of 1.96.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. During the same quarter last year, the firm earned $0.20 EPS. Cloudflare’s revenue for the quarter was up 30.7% compared to the same quarter last year. Analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NET. Stifel Nicolaus boosted their price objective on Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 31st. TD Cowen reissued a “buy” rating on shares of Cloudflare in a report on Tuesday. Royal Bank Of Canada reissued an “outperform” rating on shares of Cloudflare in a report on Tuesday. Scotiabank boosted their target price on shares of Cloudflare from $200.00 to $225.00 and gave the stock a “sector perform” rating in a research note on Friday, October 31st. Finally, Citigroup decreased their price target on shares of Cloudflare from $318.00 to $260.00 and set a “buy” rating for the company in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $232.48.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Viral AI agent buzz renewed enthusiasm for Cloudflare’s edge and infra tools, sparking a premarket surge as investors priced in stronger 2026 demand for Cloudflare-hosted AI workloads. Cloudflare surges as viral AI agent buzz lifts expectations
• Positive Sentiment: Unusually large call-option activity shows speculative bullish positioning (calls bought well above typical daily volume), which can amplify upside if positive news continues.
• Positive Sentiment: Analyst and media coverage points to durable growth drivers — revenue surprises, partnerships and better margin outlooks have been cited as reasons for the multi-month rally, supporting a constructive longer-term case. What’s Fueling The Growth For Cloudflare Stock?
• Neutral Sentiment: Theme-based research lists Cloudflare among potential beneficiaries of broader tech trends (quantum/enabler alpha lists), which is informational but not an immediate catalyst. Quantum’s Next Winners? 3 Enablers With 10%+ Projected Growth in 2026
• Neutral Sentiment: Coverage is mixed: some outlets highlight strong fundamentals while others note valuation and near-term risk, producing conflicting analyst views that can increase trading volatility. Analysts Conflicted on These Technology Names: CoreWeave (CRWV) and Cloudflare (NET)
• Negative Sentiment: A company director sold 15,000 shares at roughly $211, a disclosed SEC transaction that may be interpreted by some investors as opportunistic profit-taking after the rally. SEC Form 4 — Carl Ledbetter sale
• Negative Sentiment: After the midweek surge, the stock pulled back more than the broader market as traders digested the sprint higher and rotated profits; coverage notes the decline and higher-than-normal intraday volume. Cloudflare (NET) Declines More Than Market

Hedge Funds Weigh In On Cloudflare

Several hedge funds have recently modified their holdings of the company. Davis Rea LTD. lifted its stake in Cloudflare by 16.8% in the fourth quarter. Davis Rea LTD. now owns 71,576 shares of the company’s stock valued at $14,111,000 after purchasing an additional 10,303 shares during the last quarter. Cornerstone Enterprises LLC raised its position in shares of Cloudflare by 17.7% in the fourth quarter. Cornerstone Enterprises LLC now owns 4,944 shares of the company’s stock worth $975,000 after buying an additional 742 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in Cloudflare in the fourth quarter valued at approximately $391,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Cloudflare during the 4th quarter worth $41,000. Finally, Teacher Retirement System of Texas lifted its stake in Cloudflare by 38.4% during the fourth quarter. Teacher Retirement System of Texas now owns 56,286 shares of the company’s stock worth $11,097,000 after purchasing an additional 15,620 shares during the last quarter. 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.