Cloudflare (NYSE:NET) CAO Janel Riley Sells 3,481 Shares of Stock

Cloudflare, Inc. (NYSE:NET) CAO Janel Riley sold 3,481 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $193.32, for a total value of $672,946.92. Following the transaction, the chief accounting officer directly owned 49,163 shares in the company, valued at approximately $9,504,191.16. This represents a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Janel Riley also recently made the following trade(s):

• On Friday, May 15th, Janel Riley sold 3,333 shares of Cloudflare stock. The stock was sold at an average price of $196.95, for a total value of $656,434.35.
• On Thursday, March 5th, Janel Riley sold 23,332 shares of Cloudflare stock. The stock was sold at an average price of $190.00, for a total value of $4,433,080.00.

Cloudflare Trading Up 2.5%

NYSE:NET opened at $206.81 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 business’s 50 day moving average is $207.36 and its two-hundred day moving average is $199.61. Cloudflare, Inc. has a 52 week low of $154.93 and a 52 week high of $260.00. The company has a market cap of $73.10 billion, a PE ratio of -827.25 and a beta of 1.67.

Cloudflare (NYSE:NET) last released its 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 the consensus estimate of $620.83 million. During the same quarter last year, the business posted $0.16 EPS. Cloudflare’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. On average, analysts predict that Cloudflare, Inc. will post -0.08 EPS for the current year.

Institutional Trading of Cloudflare

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Physician Wealth Advisors Inc. increased its position in Cloudflare by 693.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 104 shares during the period. Wiser Advisor Group LLC acquired a new stake in Cloudflare in the 3rd quarter valued at approximately $26,000. HM Payson & Co. acquired a new stake in Cloudflare in the 4th quarter valued at approximately $25,000. Westside Investment Management Inc. increased its position in Cloudflare by 100.0% in 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 period. Finally, Wexford Capital LP acquired a new stake in Cloudflare in the 3rd quarter valued at approximately $30,000. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, which could strengthen its positioning in AI infrastructure and developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
• Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and workforce reduction as part of a strategy to improve efficiency while expanding AI products, which may be viewed as a margin and growth catalyst. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
• Positive Sentiment: Investor interest in AI-linked internet software names and a sectorwide lift after a strong Cisco report have also helped sentiment around NET. Why Cloudflare (NET) Stock Is Trading Up Today
• Neutral Sentiment: Analyst and media commentary continues to group Cloudflare with other AI software beneficiaries, but this is more sentiment-driven than a new fundamental update. Fastly’s Compute Revenues Surge: Is AI Demand Powering Growth?
• Negative Sentiment: Chief accounting officer Janel Riley sold shares in two separate transactions, and CFO Thomas J. Seifert also sold 10,000 shares, which can create some short-term pressure even though all were under pre-arranged 10b5-1 plans.

Wall Street Analyst Weigh In

A number of research analysts have commented on NET shares. Royal Bank Of Canada increased their target price on Cloudflare from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. The Goldman Sachs Group cut Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Jefferies Financial Group started coverage on Cloudflare in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. Mizuho dropped their price target on Cloudflare from $255.00 to $235.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Finally, Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $236.68.

About Cloudflare

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.