Thomas J. Seifert, an insider at Cloudflare Inc (NET), sold 146,689 shares of the company's stock on November 19, 2025, at a price of $197.65 per share. The total transaction value reached $28.99 million. Following this sale, Seifert retains 146,689 shares of Cloudflare.
Cloudflare, headquartered in San Francisco, California, provides cloud-based services to secure websites. The company employs 4,616 full-time staff and went public on September 13, 2019. Its offerings include website and application security products, a secure access service edge platform, and developer-based solutions.
As of November 20, 2025, Cloudflare has a market capitalization of $67.5 billion and an earnings per share (EPS) of -0.30. Upcoming earnings reports are scheduled for May 6, 2026, and July 29, 2026, with estimated EPS of $0.26 and $0.28, respectively.
Insider transactions are required to be reported to the SEC, providing transparency into executive stock activities. While significant selling can attract investor scrutiny, it does not inherently indicate negative sentiment towards the company. Investors are encouraged to consider broader patterns of insider activity over time rather than isolated transactions.