Thomas J. Seifert, an insider at Cloudflare Inc (NET), sold 137,586 shares of the company's stock on November 19, 2025, at a price of $202.31 per share. The total transaction value reached $27.83 million. Following this sale, Seifert retains 137,586 shares in Cloudflare.
Insider transactions like this can arise from various motivations, including diversification, tax planning, or personal financial needs. While significant selling activity may attract scrutiny, routine sales do not inherently signal negative sentiment towards the company.
Cloudflare, a technology firm headquartered in San Francisco, California, specializes in providing cloud-based services designed to secure websites. The company, which went public on September 13, 2019, has a market capitalization of $67.5 billion and employs 4,616 full-time staff. Its product suite includes website and application services that enhance security, performance, and reliability, alongside a range of developer-based solutions.
Investors often consider insider transactions as one of many factors when evaluating a company's performance. However, it is essential to assess insider activity in the context of broader market trends and other fundamental indicators. Upcoming earnings reports for Cloudflare are expected on May 6, 2026, with an estimated EPS of $0.26 and revenue of $619.5 million, and on July 29, 2026, with an estimated EPS of $0.28 and revenue of $659.6 million.