Cloudflare (NET) CFO Thomas J Seifert Sells $3.7M of Stock

Cloudflare, Inc. Chief Financial Officer Thomas Seifert sold 12,500 shares of the cloud services provider on October 19, 2026. According to a Form 4 filing with the SEC, the transaction was carried out at an average price of $299.59 per share, totaling roughly $3.74 million. This planned sale under a pre-arranged rule reduced his holdings by 10.6%, leaving him with 104,958 shares after the trade.

NET Cloudflare, Inc.

$296.30 ▲ +51.16% year to date

1M 3M YTD

Daily close · Oct 16, 2026

Inside Thomas Seifert's NET Trade

The stock sale took place as shares traded near the middle of their recent yearly span, just weeks before the firm's next scheduled earnings report. Seifert executed the transaction under a pre-arranged trading plan, trimming a portion of his direct ownership in the San Francisco-based software infrastructure provider.

Other Institutional Activity in Cloudflare, Inc.

Large investment firms have also adjusted their positions in the company recently. Portman Square Capital picked up a new stake of 75,939 shares worth about $26.37 million. Meanwhile, Baillie Gifford & Co reduced its holdings by 1,326,566 shares, ending the period with 14,598,594 shares valued at roughly $4.34 billion. Capital International Investors grew its holdings by 88,231 shares, finishing with 10,981,005 shares worth about $3.27 billion.

Cloudflare, Inc. Stock Down 8.3%

Shares recently traded around $297.51, sitting below their 50-day moving average but well above their 200-day moving average. The stock trades about 19.7% below its 52-week high of $370.35 and considerably above its 52-week low of $158.83.

Recent Earnings

Cloudflare reported trailing twelve-month revenue of $2.51 billion alongside a net margin of -8.2% and a return on equity of -14.4%. The company's next financial update is slated for November 5, 2026.

Insider Buying and Selling at Cloudflare, Inc.

Insiders have been active in recent months, including sales by President and Board Co-Chair Michelle Zatlyn and previous transactions by Seifert and other executives.

Analysts Set New Price Targets

Wall Street firms have maintained positive stances on the stock, with BTIG holding a buy rating and a $413 price target, Oppenheimer keeping an outperform rating with a $430 target, Barclays maintaining an overweight rating at a $400 target, and TD Cowen keeping a buy rating with a $375 target ahead of the upcoming earnings release.

About Cloudflare, Inc.

Cloudflare operates as a cloud services provider that delivers security, performance, and reliability services to businesses worldwide. Its platform helps protect web properties from cyber threats while speeding up delivery times for internet applications.

Bottom Line

Investors will look toward the upcoming earnings release on November 5, 2026, for fresh insights into revenue growth and profitability metrics.