Thomas J. Seifert, an insider at Cloudflare Inc (NET), sold 148,047 shares of the company's stock on November 19, 2025, at a price of $196.39 per share, totaling $29.08 million. Following this transaction, Seifert retains 148,047 shares in the company.
Cloudflare, headquartered in San Francisco, California, provides cloud-based services to secure websites and currently employs 4,616 full-time staff. The company went public on September 13, 2019, and has a market capitalization of $67.5 billion. Its latest earnings per share (EPS) stands at -0.30.
Insider transactions are reported to the SEC, offering transparency regarding executive actions. While this sale may attract attention, it is essential to consider the broader context of insider activity across multiple individuals and time periods. Such decisions reflect various motivations, including diversification, tax, or personal financial needs, and should not be viewed in isolation.
Investors may find it useful to analyze patterns of insider trading to gauge sentiment, but these transactions alone should not dictate investment decisions. Upcoming earnings for Cloudflare are scheduled for July 29, 2026, with an estimated EPS of $0.28 and revenue of $659.6 million.