Cloudflare (NYSE:NET) Director Sells $558,381.60 in Stock

05 May 2026, 18:35 by Doug Wharley · The Cerbat Gem

Cloudflare, Inc. (NYSE:NET – Get Free Report) Director John Graham-Cumming sold 2,520 shares of Cloudflare stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $221.58, for a total value of $558,381.60. Following the sale, the director owned 494,067 shares of the company’s stock, valued at approximately $109,475,365.86. This trade represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Monday, February 9th, John Graham-Cumming sold 2,520 shares of Cloudflare stock. The shares were sold at an average price of $173.35, for a total value of $436,842.00.

Cloudflare Price Performance

Shares of NET traded up $20.29 during trading hours on Tuesday, reaching $244.46. 7,166,977 shares of the company’s stock traded hands, compared to its average volume of 4,549,866. The stock has a market cap of $86.04 billion, a PE ratio of -842.92 and a beta of 1.67. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 1.35. The firm’s 50 day simple moving average is $199.89 and its 200-day simple moving average is $200.05. Cloudflare, Inc. has a 12 month low of $120.46 and a 12 month high of $260.00.

Cloudflare (NYSE:NET – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $614.51 million during the quarter, compared to the consensus estimate of $591.67 million. Cloudflare had a negative return on equity of 7.24% and a negative net margin of 4.72%.The company’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same quarter last year, the company posted $0.19 EPS. Equities analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current year.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

Positive Sentiment: Forrester named Cloudflare a Leader in its Edge Development Platforms report — independent validation of Cloudflare’s edge/developer strategy that supports medium-term revenue & enterprise adoption. Forrester Wave: Edge Development Platforms
Positive Sentiment: Broker and rating upgrades/metrics jumped (composite rating upgrade and RS rating to 83), which can attract momentum buyers and technical traders ahead of earnings. Composite Rating Upgrade
Positive Sentiment: Jim Cramer spotlighted Cloudflare as a “terrific cyber defender” on Mad Money, increasing retail visibility and short-term buying interest into the print. Jim Cramer Mention
Positive Sentiment: Analyst consensus still implies upside (average targets ~\$230s) and coverage remains constructive overall, supporting demand from institutional buyers. Brokerage Coverage
Neutral Sentiment: Earnings previews note strong AI and enterprise tailwinds for Q1 but flag macro pressure and possible large-deal timing delays — a mixed setup where upside from AI adoption competes with near-term execution risk. Q1 Earnings Preview
Neutral Sentiment: Director Carl Ledbetter sold 5,009 shares under a pre-arranged Rule 10b5-1 plan — a routine liquidity event that is unlikely to signal new negative information. SEC Filing – Ledbetter
Neutral Sentiment: Coverage is mixed across outlets (some raising targets, others trimming) — keeps headline upside intact but limits conviction for big upgrades. Analysts Conflicted
Negative Sentiment: Seeking Alpha issued a rating downgrade to Hold citing valuation that has caught up to the growth story — a call that may weigh on value-focused funds and prompt some profit-taking. Seeking Alpha Downgrade
Negative Sentiment: Insider sale: Director Mark Hawkins sold 133 shares (small position reduction); while immaterial in size, any insider selling can be read negatively by short-term traders. SEC Filing – Hawkins

Institutional Trading of Cloudflare

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. MASTERINVEST Kapitalanlage GmbH lifted its position in Cloudflare by 23.1% in the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 10,586 shares of the company’s stock valued at $2,184,000 after purchasing an additional 1,986 shares during the last quarter. NFSG Corp lifted its position in Cloudflare by 6.6% in the first quarter. NFSG Corp now owns 25,962 shares of the company’s stock valued at $5,357,000 after purchasing an additional 1,598 shares during the last quarter. Sigma Planning Corp increased its stake in shares of Cloudflare by 17.3% during the first quarter. Sigma Planning Corp now owns 1,847 shares of the company’s stock valued at $381,000 after buying an additional 272 shares during the period. Nwam LLC purchased a new position in shares of Cloudflare during the first quarter valued at approximately $826,000. Finally, Archer Investment Corp purchased a new position in shares of Cloudflare during the first quarter valued at approximately $598,000. Institutional investors own 82.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research report on Monday, April 20th. Truist Financial set a $225.00 target price on Cloudflare in a research report on Tuesday, January 20th. Guggenheim boosted their target price on Cloudflare from $117.00 to $140.00 and gave the stock a “sell” rating in a research report on Wednesday, February 11th. New Street Research set a $140.00 target price on Cloudflare in a research report on Wednesday, February 11th. Finally, Piper Sandler upgraded Cloudflare from a “neutral” rating to an “overweight” rating and set a $222.00 target price for the company in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $232.62.

Read Our Latest Research Report on Cloudflare

Cloudflare Company Profile

(Get Free Report)

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.