Cloudflare Insider John Graham-Cumming Sells Shares

On June 15, 2026, John Graham-Cumming sold 2,520 shares of Cloudflare, Inc. (NYSE: NET), raising approximately $594,595. This transaction was part of a planned sale under Rule 10b5-1.

Insider Buying and Selling at Cloudflare, Inc.

John Graham-Cumming's recent transaction involved selling 2,520 shares at an average price of $235.95 each, totaling around $594,595. This sale was planned, following the guidelines of Rule 10b5-1. Other recent insider transactions include sales by Katrin Suder and Mark Hawkins on earlier dates in June.

Other Institutional Activity in Cloudflare

Several major institutional investors have adjusted their positions in Cloudflare. Capital World Investors reduced its stake by 13,089,948 shares, holding 22,735,569 shares valued at $4.69 billion. BlackRock, Inc. also trimmed its position by 1,559,172 shares, ending with 21,094,282 shares worth approximately $4.35 billion. Meanwhile, Vanguard Portfolio Management LLC added 16,039,889 shares to its holdings, now totaling the same number of shares valued at about $3.31 billion.

Cloudflare, Inc. Stock Down 23.0%

Shares of Cloudflare are trading near $235.71. The company boasts a market cap of $83.66 billion and a forward P/E ratio of 149.77, indicating high investor expectations for future earnings. With a beta of 1.674, the stock is more volatile than the market. Over the past year, Cloudflare's stock has ranged from $158.83 to $276.82. Its 50-day moving average stands at $216.91, while the 200-day moving average is $207.22.

Recent Earnings

Cloudflare reported revenue of $2.33 billion, reflecting a growth rate of 33.5%. However, the company is not yet profitable, with a net margin of -3.72% and a return on equity of -5.88%. The next earnings report is expected on July 30, 2026.

Analysts Set New Price Targets

Analyst sentiment remains strong for Cloudflare, with Citizens reiterating a 'buy' rating and setting a price target of $270 on June 15, 2026. Other firms like Truist Securities and RBC Capital have maintained 'buy' ratings with targets of $250 and $260, respectively. The consensus recommendation is a 'buy', with a mean target price of $243.11 among 31 analysts.

About Cloudflare, Inc.

Cloudflare, Inc., headquartered in San Francisco, California, is a leading provider of cloud-based services that enhance the security and performance of internet applications. The company offers a wide range of products, including web application firewall, distributed denial of service mitigation, and content delivery services. Cloudflare serves various industries, including technology, healthcare, and financial services.

Bottom Line

John Graham-Cumming's sale of Cloudflare shares is a planned insider move, reflecting personal financial planning rather than a statement on the company's prospects. Cloudflare's stock remains a focus for analysts, with many maintaining positive outlooks. Investors should note that insider transactions can be part of routine portfolio management and do not necessarily indicate future stock performance.