John Graham-Cumming Sells 2,520 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) Director John Graham-Cumming sold 2,520 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $200.27, for a total transaction of $504,680.40. Following the sale, the director owned 495,191 shares of the company’s stock, valued at approximately $99,171,901.57. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

John Graham-Cumming also recently made the following trade(s):

• On Monday, December 15th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $199.37, for a total value of $502,412.40.
• On Monday, November 3rd, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $250.83, for a total value of $632,091.60.
• On Monday, October 13th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The stock was sold at an average price of $221.36, for a total value of $557,827.20.

Cloudflare Price Performance

Shares of Cloudflare stock opened at $203.00 on Thursday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The company has a market cap of $71.11 billion, a PE ratio of -676.67, a P/E/G ratio of 130.23 and a beta of 1.96. The business has a 50 day moving average of $207.03 and a 200 day moving average of $206.57. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results 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. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The business had revenue of $562.03 million for the quarter, compared to analysts’ expectations of $544.65 million. During the same quarter in the previous year, the business posted $0.20 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. 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 research analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Zacks highlights Cloudflare’s strong earnings‑surprise history and says the company has the setup to beat again next quarter — a recurring beat would be a clear catalyst for upside. Will Cloudflare (NET) Beat Estimates Again?
• Positive Sentiment: Macro/momentum: a Yahoo piece flags that long‑term investors have seen ~374% returns over three years, underscoring strong price momentum and retail/institutional interest that can amplify positive news. Cloudflare 3‑Year Return
• Positive Sentiment: Earlier results & guidance: recent quarter beat revenue and EPS estimates and management provided FY’25 and Q4 guidance — supports expectations for continued top‑line growth and gives bulls a near‑term fundamental anchor. MarketBeat NET Summary
• Neutral Sentiment: Piper Sandler left its rating at Hold, signaling no change in conviction from that shop (keeps a portion of the market cautious but is not a downgrade). Piper Sandler Hold
• Negative Sentiment: Piper Sandler also lowered its price target to $220 from $249 — a direct cap on near‑term upside that likely pressured some investors. Price Target Lowered to $220
• Negative Sentiment: Insider selling: three directors disclosed sales this week (Mark Hawkins, John Graham‑Cumming, Carl Ledbetter) totaling ~8,788 shares — small relative to holdings but often read as a negative signal by the market. SEC filings available. Hawkins Form 4

Institutional Trading of Cloudflare

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Cloudflare by 2.6% in the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock worth $6,934,958,000 after buying an additional 821,684 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Cloudflare by 5.1% during the second quarter. Geode Capital Management LLC now owns 5,536,679 shares of the company’s stock valued at $1,081,533,000 after acquiring an additional 270,227 shares in the last quarter. Invesco Ltd. raised its holdings in Cloudflare by 1.3% in the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock worth $850,792,000 after acquiring an additional 49,485 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Cloudflare by 33.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock valued at $352,610,000 after acquiring an additional 786,063 shares in the last quarter. Finally, Norges Bank purchased a new stake in Cloudflare during the 2nd quarter valued at $541,462,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Guggenheim reaffirmed a “sell” rating on shares of Cloudflare in a research report on Tuesday, October 21st. Jefferies Financial Group restated a “hold” rating and set a $225.00 price target on shares of Cloudflare in a research report on Tuesday, December 16th. Mizuho upped their price target on Cloudflare from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Citizens Jmp increased their price objective on Cloudflare from $250.00 to $270.00 and gave the stock a “market outperform” rating in a report on Friday, October 31st. Finally, Barclays initiated coverage on shares of 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 assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has an average rating of “Moderate Buy” and a consensus price target of $233.70.

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.