Michelle Zatlyn Sells 25,641 Shares of Cloudflare (NYSE:NET) Stock

Cloudflare, Inc. (NYSE:NET) insider Michelle Zatlyn sold 25,641 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $209.15, for a total value of $5,362,815.15. Following the completion of the transaction, the insider owned 34,514 shares in the company, valued at approximately $7,218,603.10. This trade represents a 42.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michelle Zatlyn also recently made the following trade(s):

• On Monday, April 20th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $199.37, for a total value of $5,112,046.17.
• On Thursday, March 5th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $189.50, for a total value of $4,858,969.50.
• On Tuesday, March 3rd, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $174.61, for a total value of $4,477,175.01.
• On Monday, February 23rd, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $172.76, for a total transaction of $4,429,739.16.
• On Friday, February 20th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $192.66, for a total transaction of $4,939,995.06.
• On Thursday, February 19th, Michelle Zatlyn sold 35,080 shares of Cloudflare stock. The shares were sold at an average price of $187.39, for a total transaction of $6,573,641.20.

Cloudflare Stock Performance

NYSE:NET opened at $205.21 on Friday. The company has a market cap of $72.23 billion, a P/E ratio of -707.61 and a beta of 1.87. Cloudflare, Inc. has a twelve month low of $112.90 and a twelve month high of $260.00. The company’s 50-day moving average price is $198.40 and its 200-day moving average price is $200.66. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 1.35.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. Cloudflare’s revenue was up 33.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.19 EPS. On average, sell-side analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Technical/relative strength signal — Cloudflare earned an 83 RS rating, indicating rising market leadership that can attract momentum/trend-following buyers. Stocks showing rising market leadership: Cloudflare earns 83 RS rating
• Positive Sentiment: Analyst/consensus backdrop remains constructive — many analysts still rate NET a Buy or Moderate Buy and the consensus target sits above the current price, supporting medium-term demand. MarketBeat Cloudflare coverage
• Neutral Sentiment: Market-performance headlines — mainstream outlets are reporting NET fell more than the broader market today, which can amplify attention but primarily reflects intraday trading flow rather than new company fundamentals. Cloudflare (NET) Falls More Steeply Than Broader Market
• Neutral Sentiment: Analyst stance unchanged at some shops — Bernstein remains at a Hold, a reminder that not all analysts are upgrading, which can temper buying despite positive signals. Bernstein Remains a Hold on Cloudflare (NET)
• Negative Sentiment: Valuation/AI skepticism — a Seeking Alpha piece argues Cloudflare’s “agentic AI” premium may be overdone and forecasts further consolidation, which can pressure momentum names tied to AI narratives. Cloudflare’s Agentic AI Premium Overly Done – Further Consolidation Likely
• Negative Sentiment: Large insider selling — CEO Michelle Zatlyn has executed multiple, sizable sales under a 10b5‑1 plan (recently ~25,641 shares), which the market often reads as increased insider liquidity and can trigger cautious positioning by investors. Insider Selling: Cloudflare (NYSE:NET) Insider Sells 25,641 Shares of Stock
• Negative Sentiment: Profit-taking after run-up / mixed fundamentals — despite a recent revenue beat and strong YoY growth, Cloudflare still posts negative net margins and a negative EPS outlook for the fiscal year, making it sensitive to valuation pressure when sentiment shifts. Cloudflare fundamentals and analyst notes

Wall Street Analyst Weigh In

NET has been the subject of several recent research reports. Citigroup started coverage on Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Morgan Stanley set a $245.00 target price on Cloudflare in a report on Wednesday, February 11th. New Street Research set a $140.00 target price on Cloudflare in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered Cloudflare from a “buy” rating to a “sell” rating in a report on Wednesday, April 15th. Finally, Zacks Research raised shares of Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $232.62.

Institutional Investors Weigh In On Cloudflare

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HM Payson & Co. acquired a new stake in shares of Cloudflare during the 4th quarter worth about $25,000. Physician Wealth Advisors Inc. increased its position in shares of Cloudflare by 693.3% during the third 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 last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Cloudflare in the 3rd quarter valued at approximately $26,000. Westside Investment Management Inc. lifted its holdings in shares of Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after acquiring an additional 65 shares during the last quarter. Finally, ORG Wealth Partners LLC lifted its holdings in shares of Cloudflare by 101.4% in the 3rd quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock worth $30,000 after acquiring an additional 70 shares during the last quarter. Hedge funds and other 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.