Cloudflare (NET) CFO Thomas Seifert Buys 10,000 Shares

Thomas Seifert, the Chief Financial Officer of Cloudflare, Inc., recently bought 10,000 shares of the company. The purchase was made on June 17, 2026, as part of a non-planned transaction.

Cloudflare, Inc. Stock Down 30.0%

Shares of Cloudflare, Inc. (NYSE:NET) traded near $230.97. The company holds a market cap of approximately $81.98 billion and has a forward P/E ratio of 146.76. Its beta is 1.674, indicating some volatility compared to the market. Over the past year, Cloudflare's stock has ranged from a low of $158.83 to a high of $276.81. Its 50-day moving average stands at $217.29, with a 200-day moving average of $207.31. The company maintains a current ratio of 1.956 and a quick ratio of 1.895, with a debt-to-equity ratio of 230.859.

Recent Earnings

Cloudflare reported revenue of approximately $2.33 billion, reflecting a growth rate of 33.5%. However, the company is not yet profitable, as shown by its negative net margin of -3.72% and return on equity of -5.88%. Investors will be watching for the next earnings report, scheduled for July 30, 2026.

About Cloudflare, Inc.

Cloudflare, Inc. is a technology company based in San Francisco, California. It provides a wide array of cloud-based services, focusing on security and performance solutions for various platforms, including public and private clouds, and IoT devices. Under the leadership of CEO Matthew Prince, Cloudflare serves clients across multiple industries, such as technology, healthcare, and finance. The company was founded in 2009 and employs over 5,400 people.

Bottom Line

Thomas Seifert's purchase of Cloudflare shares is a notable move for the company. Investors closely monitor such insider transactions as potential signals of confidence in the company's future. With a strong market position in the cloud services sector, Cloudflare continues to attract attention. This transaction, like all insider trades, was disclosed after the fact and reflects Seifert's view at the time.