Cloudflare (NYSE:NET) Director Sells $406,200.00 in Stock

Cloudflare, Inc. (NYSE:NET) Director Katrin Suder sold 2,031 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $200.00, for a total transaction of $406,200.00. Following the completion of the sale, the director owned 37,723 shares of the company’s stock, valued at $7,544,600. This trade represents a 5.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Katrin Suder also recently made the following trade(s):

• On Wednesday, November 19th, Katrin Suder sold 2,031 shares of Cloudflare stock. The stock was sold at an average price of $196.38, for a total transaction of $398,847.78.
• On Wednesday, November 19th, Katrin Suder sold 2,031 shares of Cloudflare stock. The shares were sold at an average price of $196.38, for a total transaction of $398,847.78.

Cloudflare Price Performance

Shares of NYSE:NET opened at $202.26 on Friday. The firm has a market capitalization of $70.85 billion, a price-to-earnings ratio of -674.18 and a beta of 1.94. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The business’s 50 day simple moving average is $210.35 and its 200-day simple moving average is $205.06. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00.

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

Institutional Trading of Cloudflare

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its stake in shares of Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 104 shares during the period. Wiser Advisor Group LLC acquired a new position in Cloudflare in the third quarter valued at $26,000. Westside Investment Management Inc. increased its stake in Cloudflare by 100.0% in the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares during the last quarter. ORG Wealth Partners LLC lifted its position in Cloudflare by 101.4% during the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock worth $30,000 after buying an additional 70 shares during the period. Finally, Wexford Capital LP acquired a new stake in Cloudflare in the 3rd quarter worth about $30,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NET has been the topic of a number of research reports. Wall Street Zen raised shares of Cloudflare from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Citigroup upped their price target on shares of Cloudflare from $255.00 to $318.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Guggenheim reissued a “sell” rating on shares of Cloudflare in a research note on Tuesday, October 21st. UBS Group lifted their price objective on Cloudflare from $240.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Finally, Barclays began coverage on Cloudflare in a report on Tuesday, December 2nd. They set an “overweight” rating and a $235.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $234.78.

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.