Thomas J. Seifert, an insider at Cloudflare Inc (NET), sold 140,589 shares of the company's stock on November 19, 2025, at a price of $199.75 per share. This transaction totaled $28.08 million.
Following this sale, Seifert retains 140,589 shares in the company. Insider transactions like this one can occur for various reasons, including diversification, tax planning, or personal financial needs. While such sales may raise eyebrows, they do not inherently suggest negative sentiment about the company.
Cloudflare, headquartered in San Francisco, California, specializes in cloud-based services designed to secure websites, employing 4,616 full-time workers. The company went public on September 13, 2019, and currently holds a market cap of $67.5 billion. In its latest financial snapshot, Cloudflare reported an EPS of -0.30.
Investors should note that insider transactions are reported to the SEC, providing transparency into executive actions. However, a single sale should be viewed in the context of broader insider activity and other market indicators. Upcoming earnings reports are scheduled for May 6, 2026, and July 29, 2026, with estimated EPS of $0.26 and $0.28, respectively, alongside projected revenues of $619.5 million and $659.6 million.