Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Cloudflare, Inc. (NYSE:NET)

Key Points

• Representative Gil Cisneros purchased between $1,001 and $15,000 in shares of Cloudflare, Inc. (NYSE:NET) on September 12th, 2025, as disclosed in a filing.
• As of the latest trading session, Cloudflare's stock is down to $217.74 with a market capitalization of approximately $75.88 billion.
• Cloudflare reported $512.32 million in revenue for its recent quarter, exceeding analysts' expectations and marking a 27.8% increase year-over-year.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Cloudflare, Inc. (NYSE:NET). In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cloudflare stock on September 12th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Cloudflare Price Performance

Cloudflare stock traded down $4.82 during midday trading on Tuesday, reaching $217.74. The company's stock had a trading volume of 2,642,058 shares, compared to its average volume of 3,356,534. The firm has a market capitalization of $75.88 billion, a PE ratio of -640.41 and a beta of 1.99. Cloudflare, Inc. has a fifty-two week low of $85.60 and a fifty-two week high of $230.10. The stock's 50 day simple moving average is $212.27 and its 200 day simple moving average is $176.32. The company has a debt-to-equity ratio of 2.63, a quick ratio of 5.14 and a current ratio of 5.14.

Cloudflare (NYSE:NET - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.18 by $0.03. Cloudflare had a negative net margin of 6.22% and a negative return on equity of 8.42%. The firm had revenue of $512.32 million during the quarter, compared to analysts' expectations of $501.58 million. During the same quarter last year, the business earned $0.20 earnings per share. The business's revenue for the quarter was up 27.8% compared to the same quarter last year. Cloudflare has set its FY 2025 guidance at 0.850-0.860 EPS. Q3 2025 guidance at 0.230-0.23 EPS. On average, equities research analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Hedge Funds Weigh In On Cloudflare

Several institutional investors and hedge funds have recently modified their holdings of NET. Mather Group LLC. lifted its stake in shares of Cloudflare by 1,188.2% during the 1st quarter. Mather Group LLC. now owns 219 shares of the company's stock worth $25,000 after purchasing an additional 202 shares during the period. NBC Securities Inc. acquired a new position in Cloudflare in the first quarter valued at $27,000. GPS Wealth Strategies Group LLC lifted its position in Cloudflare by 213.4% during the first quarter. GPS Wealth Strategies Group LLC now owns 257 shares of the company's stock worth $29,000 after buying an additional 175 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Cloudflare in the 2nd quarter worth about $29,000. Finally, Quaker Wealth Management LLC grew its holdings in Cloudflare by 218.6% in the 2nd quarter. Quaker Wealth Management LLC now owns 166 shares of the company's stock valued at $33,000 after buying an additional 306 shares during the period. Hedge funds and other institutional investors own 82.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on NET shares. UBS Group upped their price target on Cloudflare from $145.00 to $200.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. JMP Securities upped their target price on Cloudflare from $180.00 to $225.00 and gave the company a "market outperform" rating in a report on Monday, July 28th. DZ Bank reaffirmed a "sell" rating and set a $170.00 price target on shares of Cloudflare in a research note on Tuesday, July 22nd. Guggenheim increased their price objective on shares of Cloudflare from $70.00 to $111.00 and gave the company a "sell" rating in a research note on Friday, August 1st. Finally, Cowen restated a "buy" rating on shares of Cloudflare in a research report on Monday, June 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $196.54.

Insider Activity at Cloudflare

In other Cloudflare news, CFO Thomas J. Seifert sold 34,270 shares of the stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $200.17, for a total transaction of $6,859,825.90. Following the transaction, the chief financial officer owned 241,550 shares of the company's stock, valued at $48,351,063.50. This trade represents a 12.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Thomas J. Seifert sold 59,130 shares of Cloudflare stock in a transaction on Monday, July 28th. The shares were sold at an average price of $200.30, for a total transaction of $11,843,739.00. Following the completion of the transaction, the chief financial officer owned 241,550 shares in the company, valued at approximately $48,382,465. This trade represents a 19.67% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 647,893 shares of company stock worth $132,718,279. 10.89% of the stock is owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Cloudflare Company Profile

Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.

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