Matthew Prince Sells 52,384 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $194.77, for a total value of $10,202,831.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Matthew Prince also recently made the following trade(s):

• On Thursday, January 8th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $189.47, for a total value of $9,925,196.48.
• On Friday, December 5th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $201.23, for a total transaction of $10,541,232.32.
• On Wednesday, December 3rd, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $202.19, for a total transaction of $10,591,520.96.
• On Wednesday, November 19th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $195.32, for a total transaction of $10,231,642.88.
• On Monday, November 17th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $204.76, for a total transaction of $10,726,147.84.
• On Thursday, October 16th, Matthew Prince sold 52,277 shares of Cloudflare stock. The shares were sold at an average price of $213.94, for a total transaction of $11,184,141.38.
• On Tuesday, October 14th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $215.51, for a total value of $11,289,275.84.
• On Thursday, October 16th, Matthew Prince sold 107 shares of Cloudflare stock. The stock was sold at an average price of $220.79, for a total value of $23,624.53.

Cloudflare Stock Performance

Shares of NET stock opened at $182.67 on Friday. The stock has a fifty day moving average price of $204.90 and a 200 day moving average price of $206.43. The stock has a market cap of $63.98 billion, a PE ratio of -608.88, a P/E/G ratio of 122.97 and a beta of 1.96. Cloudflare, Inc. has a 1 year low of $89.42 and a 1 year high of $260.00. 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 (NYSE:NET) last posted its 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. The company had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.Cloudflare’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Sell-side analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 price target on shares of Cloudflare in a research report on Tuesday, December 16th. Cantor Fitzgerald increased their target price on Cloudflare from $199.00 to $224.00 and gave the company a “neutral” rating in a report on Friday, October 31st. DZ Bank raised Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 price target for the company in a report on Wednesday, November 5th. Argus increased their price objective on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Royal Bank Of Canada lifted their price objective on Cloudflare from $250.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $233.70.

Hedge Funds Weigh In On Cloudflare

Several institutional investors have recently added to or reduced their stakes in NET. Advisors Asset Management Inc. grew its holdings in Cloudflare by 8.6% in the 1st quarter. Advisors Asset Management Inc. now owns 1,568 shares of the company’s stock valued at $177,000 after buying an additional 124 shares during the period. Alliancebernstein L.P. grew its holdings in Cloudflare by 10.3% in the first quarter. Alliancebernstein L.P. now owns 269,274 shares of the company’s stock valued at $30,344,000 after purchasing an additional 25,049 shares during the period. NewEdge Advisors LLC increased its position in Cloudflare by 146.9% during the first quarter. NewEdge Advisors LLC now owns 24,122 shares of the company’s stock worth $2,718,000 after purchasing an additional 14,352 shares during the last quarter. Empowered Funds LLC raised its stake in Cloudflare by 34.2% during the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock worth $750,000 after purchasing an additional 1,696 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Cloudflare by 33.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock worth $352,610,000 after purchasing an additional 786,063 shares during the period. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare beat revenue and EPS expectations last quarter and reiterated FY‑2025 guidance, supporting the company’s growth story and helping underpin investor confidence. Cloudflare (NET) Ascends While Market Falls
• Positive Sentiment: Several sell‑side firms still rate NET favorably (multiple recent raises/overweight opinions and a moderate‑buy consensus), which provides a supportive analyst backdrop for longer‑term holders. MarketBeat: NET analyst coverage
• Neutral Sentiment: Institutional activity and liquidity remain elevated (many funds adjusting positions); this can amplify moves but doesn’t by itself indicate direction. MarketBeat: NET insider & institutional activity
• Negative Sentiment: CEO Matthew Prince sold a large block (52,384 shares) this week (and has executed multiple large sales since November), a pattern that often triggers short‑term selling pressure and investor concern about insider liquidity. Insider Selling: Matthew Prince
• Negative Sentiment: Additional director sales were reported this week (several filings totaling smaller but still notable amounts), which can amplify the negative sentiment from the CEO’s transactions. Director Sells $504,680.40 Director Sells $1,216,126.84
• Negative Sentiment: Piper Sandler reduced its price target (reported this week), which narrows perceived upside and can weigh on sentiment for momentum or value‑targeted investors. Price Target Lowered to $220
• Negative Sentiment: A public dispute with LaLiga alleging Cloudflare “ignores illegal content” introduces reputational and potential policy/regulatory risk that could require management time or costly responses. Spanish soccer league battles Cloudflare over piracy

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.