Cloudflare CFO Thomas Seifert Sells 10,000 Shares
Cloudflare's CFO, Thomas Seifert, offloaded 10,000 shares as the stock trades at $230.97.
Key Points
- Thomas Seifert, CFO of Cloudflare, sold 10,000 shares on June 17, 2026, with the stock at $230.97.
- Cloudflare, Inc., a cloud services provider, has a market cap of $81.98 billion and a forward P/E of 146.76.
- The company operates in the technology sector, offering a range of cloud-based security and performance solutions.
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On June 17, 2026, Thomas Seifert, the Chief Financial Officer of Cloudflare, Inc. (NYSE: NET), sold 10,000 shares of the company. The transaction did not occur under a pre-arranged 10b5-1 trading plan. At the time of the sale, Cloudflare's stock was trading at $230.97.
Cloudflare, Inc. Stock Down 24.3%
Shares of NYSE:NET traded near $230.97 recently. Cloudflare has a market cap of approximately $81.98 billion and a forward P/E ratio of 146.76. The stock's 52-week low is $158.83, while its high is $276.82. Cloudflare's 50-day moving average is $217.29, and its 200-day moving average is $207.31. The company has a beta of 1.674, indicating a higher volatility compared to the market. Its current ratio is 1.96, with a quick ratio of 1.90, and a debt-to-equity ratio of 230.86.
$NET stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Cloudflare reported revenue of about $2.33 billion, reflecting a growth rate of 33.5%. Despite this growth, the company posted a net margin of -3.72% and a return on equity of -5.88%, indicating it isn't currently profitable. The next earnings report is scheduled for July 30, 2026.
About Cloudflare, Inc.
Cloudflare, Inc. is a technology company based in San Francisco, California, providing a range of cloud-based services to businesses worldwide. It offers security solutions such as web application firewalls and bot management, as well as performance enhancements like content delivery and load balancing. The company also provides network services and zero trust security solutions. Founded in 2009, Cloudflare serves a diverse range of industries, including technology, healthcare, and financial services.
Bottom Line
Thomas Seifert's recent sale of 10,000 Cloudflare shares was not part of a pre-planned trading strategy. Investors often watch insider transactions for clues about a company's future, though these sales can happen for many reasons. Cloudflare continues to expand its cloud services offerings, with strong revenue growth but ongoing challenges in achieving profitability. Remember, insider filings are backward-looking and may not represent current positions.
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