CLOUDFLARE ($NET) posted quarterly earnings results on Thursday, May 8th. The company reported earnings of $0.16 per share, missing estimates of $0.17 by $0.01. The company also reported revenue of $479,090,000, beating estimates of $473,967,941 by $5,122,059.
You can see Quiver Quantitative's $NET stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
CLOUDFLARE Insider Trading Activity
CLOUDFLARE insiders have traded $NET stock on the open market 276 times in the past 6 months. Of those trades, 0 have been purchases and 276 have been sales.
Here’s a breakdown of recent trading of $NET stock by insiders over the last 6 months:
- MATTHEW PRINCE (CEO & Board Co-Chair) has made 0 purchases and 107 sales selling 942,912 shares for an estimated $107,139,440.
- MICHELLE ZATLYN (President and Board Co-Chair) has made 0 purchases and 106 sales selling 480,457 shares for an estimated $58,834,698.
- THOMAS J SEIFERT (Chief Financial Officer) has made 0 purchases and 42 sales selling 202,270 shares for an estimated $24,642,146.
- DOUGLAS JAMES KRAMER (Chief Legal Officer) has made 0 purchases and 12 sales selling 32,481 shares for an estimated $3,643,422.
- KATRIN SUDER has made 0 purchases and 4 sales selling 9,941 shares for an estimated $1,449,595.
- JANEL RILEY (Chief Accounting Officer) has made 0 purchases and 5 sales selling 7,822 shares for an estimated $1,040,042.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CLOUDFLARE Hedge Fund Activity
We have seen 429 institutional investors add shares of CLOUDFLARE stock to their portfolio, and 326 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO removed 4,458,339 shares (-14.0%) from their portfolio in Q1 2025, for an estimated $502,410,221
- UBS GROUP AG added 1,608,786 shares (+393.5%) to their portfolio in Q4 2024, for an estimated $173,234,076
- SANDS CAPITAL MANAGEMENT, LLC added 1,421,670 shares (+22.4%) to their portfolio in Q4 2024, for an estimated $153,085,425
- POINT72 ASSET MANAGEMENT, L.P. added 1,407,054 shares (+inf%) to their portfolio in Q4 2024, for an estimated $151,511,574
- MORGAN STANLEY removed 1,307,204 shares (-5.3%) from their portfolio in Q4 2024, for an estimated $140,759,726
- MARSHALL WACE, LLP removed 1,265,873 shares (-43.6%) from their portfolio in Q4 2024, for an estimated $136,309,204
- FRANKLIN RESOURCES INC added 1,260,669 shares (+62.5%) to their portfolio in Q4 2024, for an estimated $135,748,837
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CLOUDFLARE Government Contracts
We have seen $1,030,426 of award payments to $NET over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- GOV TOP LEVEL DOMAIN REGISTRY AND DNS SERVICE: $1,030,426
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
CLOUDFLARE Congressional Stock Trading
Members of Congress have traded $NET stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NET stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 02/10 and 1 sale worth up to $15,000 on 04/04.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
CLOUDFLARE Analyst Ratings
Wall Street analysts have issued reports on $NET in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 02/03/2025
- Wells Fargo issued a "Overweight" rating on 01/07/2025
- RBC Capital issued a "Outperform" rating on 01/03/2025
- Goldman Sachs issued a "Buy" rating on 01/02/2025
To track analyst ratings and price targets for CLOUDFLARE, check out Quiver Quantitative's $NET forecast page.
CLOUDFLARE Price Targets
Multiple analysts have issued price targets for $NET recently. We have seen 2 analysts offer price targets for $NET in the last 6 months, with a median target of $137.5.
Here are some recent targets:
- Andrew Nowinski from Wells Fargo set a target price of $135.0 on 01/07/2025
- Gabriela Borges from Goldman Sachs set a target price of $140.0 on 01/02/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
