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

Cloudflare, Inc. (NYSE:NET) insider Michelle Zatlyn sold 25,641 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $172.76, for a total value of $4,429,739.16. Following the sale, the insider directly owned 34,514 shares of the company’s stock, valued at $5,962,638.64. The trade was a 42.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Friday, February 20th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were 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.
• On Thursday, January 15th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $190.05, for a total transaction of $4,873,072.05.
• On Tuesday, January 13th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $187.96, for a total transaction of $4,819,482.36.
• On Thursday, December 11th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The shares were sold at an average price of $208.61, for a total value of $5,348,969.01.
• On Tuesday, December 9th, Michelle Zatlyn sold 25,641 shares of Cloudflare stock. The stock was sold at an average price of $205.15, for a total value of $5,260,251.15.

Cloudflare Trading Down 9.7%

Shares of NYSE NET opened at $159.98 on Tuesday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $56.04 billion, a PE ratio of -551.63 and a beta of 1.97. Cloudflare, Inc. has a twelve month low of $89.42 and a twelve month high of $260.00. The stock has a fifty day simple moving average of $187.79 and a 200-day simple moving average of $203.85.

Cloudflare (NYSE:NET) last announced its earnings results on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 7.40% and a negative net margin of 4.72%.Cloudflare’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same period last year, the business posted $0.19 EPS. On average, equities analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced it is the first SASE platform to support modern post‑quantum encryption — a product differentiation that strengthens its security positioning for enterprise customers and may support higher-margin sales over time. Cloudflare Becomes the First and Only SASE Platform to Support Modern Post‑Quantum Encryption
• Positive Sentiment: Cloudflare entered a strategic partnership with Mastercard to build tools for small businesses — a commercial tie-up that could accelerate go‑to‑market reach and revenue opportunities in payments and SMB segments. Cloudflare, Inc. (NET) Enters into Strategic Partnership with Mastercard Incorporated
• Neutral Sentiment: An institutional investor (AMJ Financial Wealth Management) modestly increased its Cloudflare position per a recent 13F filing — a small vote of confidence but not large enough to shift ownership dynamics materially. Cloudflare is AMJ Financial Wealth Management’s 10th Largest Position
• Negative Sentiment: White House plans to raise global tariffs to 15% (reported broadly across markets) triggered broad risk‑off moves in tech names and was cited as a direct driver of selling pressure on Cloudflare today. This macro development increases cost uncertainty and investor risk aversion for growth names. Why Cloudflare (NET) Shares Are Getting Obliterated Today
• Negative Sentiment: Sector weakness: cybersecurity stocks fell after Anthropic released an AI tool that can scan code for vulnerabilities, stoking investor fears that AI could commoditize parts of the cybersecurity stack and pressure vendors’ business models. Cloudflare, as a security and networking name, was caught up in that sell‑off. Cybersecurity stocks drop for a second day as new Anthropic tool fuels AI disruption fears
• Negative Sentiment: Significant insider selling: Chief Operating Officer Michelle Zatlyn sold large blocks of shares across Feb. 19–23 (totaling tens of thousands of shares), sharply reducing her stake — moves investors often view as a negative signal or increased near‑term supply. The sales were disclosed in an SEC filing. SEC Filing — Insider Sales

Institutional Trading of Cloudflare

Several hedge funds have recently made changes to their positions in the company. HM Payson & Co. acquired a new position in shares of Cloudflare during the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. boosted its holdings 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 purchasing an additional 104 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in Cloudflare during the 3rd quarter worth approximately $26,000. Westside Investment Management Inc. raised its stake in shares of Cloudflare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after buying an additional 65 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Cloudflare in the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NET shares. DZ Bank upgraded shares of Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Friday, February 13th. Citigroup increased their price objective on Cloudflare from $260.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Robert W. Baird set a $260.00 target price on Cloudflare and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Argus increased their price target on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, Morgan Stanley set a $245.00 price objective on Cloudflare in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $230.70.

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.