Cybersecurity Selloff Intensifies: Cloudflare shares plunged more than 11% in a sharp downturn hitting cybersecurity peers, igniting fervent debate on social media. Traders widely linked the drop to Anthropic's recent AI model unveilings, which demonstrated advanced cyber capabilities threatening established players. The reaction highlights mounting investor anxiety over AI's potential to disrupt traditional security models.
Insider Selling Fuels Concerns: Discussions amplified worries after reports of substantial insider sales by Cloudflare's top executives, contributing to the stock's intraday slide. Posters emphasized that broader market dynamics and company fundamentals, rather than just executive moves, drove the decline. Bearish options activity surged, with puts skyrocketing as conviction built against the name.
AI Disruption Takes Center Stage: Social media buzz portrayed AI-native security as a looming threat, pressuring Cloudflare despite its own AI initiatives. Some recalled recent praise for growth prospects, but today's sentiment shifted decisively negative amid rapid sector evolution. Investors grapple with uncertainty in how cybersecurity adapts to agentic AI advancements.
Note: This discussion summary was generated from an AI condensation of post data.
Cloudflare Insider Trading Activity
Cloudflare insiders have traded $NET stock on the open market 383 times in the past 6 months. Of those trades, 0 have been purchases and 383 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 178 sales selling 1,100,064 shares for an estimated $221,418,860.
- MICHELLE ZATLYN (President and Board Co-Chair) has made 0 purchases and 72 sales selling 429,153 shares for an estimated $82,466,957.
- THOMAS J SEIFERT (Chief Financial Officer) has made 0 purchases and 52 sales selling 123,453 shares for an estimated $23,873,040.
- CARL LEDBETTER has made 0 purchases and 18 sales selling 75,000 shares for an estimated $15,854,651.
- JANEL RILEY (Chief Accounting Officer) has made 0 purchases and 9 sales selling 30,980 shares for an estimated $5,867,297.
- DOUGLAS JAMES KRAMER (CHIEF LEGAL OFFICER) has made 0 purchases and 11 sales selling 18,000 shares for an estimated $3,672,539.
- JOHN GRAHAM-CUMMING has made 0 purchases and 37 sales selling 13,724 shares for an estimated $2,866,384.
- KATRIN SUDER has made 0 purchases and 2 sales selling 4,062 shares for an estimated $805,047.
- MARK J HAWKINS has made 0 purchases and 4 sales selling 1,401 shares for an estimated $332,121.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Cloudflare Revenue
Cloudflare had revenues of $614.5M in Q4 2025. This is an increase of 33.6% from the same period in the prior year.
You can track NET financials on Quiver Quantitative's NET stock page.
Cloudflare Congressional Stock Trading
Members of Congress have traded $NET stock 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $NET stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 02/04.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 3 purchases worth up to $45,000 on 01/30, 11/18, 10/17 and 1 sale worth up to $15,000 on 12/24.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Cloudflare Hedge Fund Activity
We have seen 552 institutional investors add shares of Cloudflare stock to their portfolio, and 450 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 7,471,762 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $1,473,057,878
- BAILLIE GIFFORD & CO removed 5,024,793 shares (-23.0%) from their portfolio in Q4 2025, for an estimated $990,637,939
- CAPITAL WORLD INVESTORS removed 4,689,869 shares (-11.6%) from their portfolio in Q4 2025, for an estimated $924,607,673
- JPMORGAN CHASE & CO added 3,045,901 shares (+28.8%) to their portfolio in Q4 2025, for an estimated $600,499,382
- JENNISON ASSOCIATES LLC added 1,657,144 shares (+802.6%) to their portfolio in Q4 2025, for an estimated $326,705,939
- CORIENT PRIVATE WEALTH LLC added 1,375,602 shares (+5785.7%) to their portfolio in Q4 2025, for an estimated $271,199,934
- MORGAN STANLEY removed 1,001,947 shares (-5.3%) from their portfolio in Q4 2025, for an estimated $197,533,851
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 Analyst Ratings
Wall Street analysts have issued reports on $NET in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 02/11/2026
- Needham issued a "Buy" rating on 02/11/2026
- Mizuho issued a "Outperform" rating on 01/21/2026
- Argus Research issued a "Buy" rating on 11/10/2025
- Citigroup issued a "Buy" rating on 11/03/2025
- Wells Fargo issued a "Overweight" rating on 10/31/2025
- RBC Capital issued a "Outperform" rating on 10/31/2025
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 19 analysts offer price targets for $NET in the last 6 months, with a median target of $250.0.
Here are some recent targets:
- Fatima Boolani from Citigroup set a target price of $265.0 on 02/12/2026
- Gray Powell from BTIG set a target price of $243.0 on 02/11/2026
- Mike Cikos from Needham set a target price of $250.0 on 02/11/2026
- Saket Kalia from Barclays set a target price of $250.0 on 02/11/2026
- Thomas Blakey from Cantor Fitzgerald set a target price of $224.0 on 02/11/2026
- Patrick Colville from Scotiabank set a target price of $225.0 on 02/11/2026
- Ryan Macwilliams from Wells Fargo set a target price of $270.0 on 02/11/2026
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.
