The stock of Cloudflare Inc (NYSE:NET) last traded at $117.58, up 2.14% from the previous session.
NET stock price is now -13.17% away from the 50-day moving average and 18.20% away from the 200-day moving average. The market capitalization of the company currently stands at $40.57B.
On February 11, 2025, DZ Bank Downgraded its previous ‘Hold’ rating to ‘Sell’ on the stock keeping its target price maintained at $145, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, Prince Matthew, CEO & Board Co-Chair sold 52,384 shares of the company’s stock on Mar 19 ’25. The stock was sold for $6,145,622 at an average price of $117.32. Upon completion of the transaction, the CEO & Board Co-Chair now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, CEO & Board Co-Chair Prince Matthew sold 52,384 shares of the business’s stock. A total of $6,100,932 was realized by selling the stock at an average price of $116.47. A total of 12.35% of the company’s stock is owned by insiders.
During the past 12 months, Cloudflare Inc has had a low of $66.24 and a high of $177.37. As of last week, the company has a debt-to-equity ratio of 1.40, a current ratio of 2.86, and a quick ratio of 2.86. The fifty day moving average price for NET is $135.41 and a two-hundred day moving average price translates $99.47595 for the stock.
The latest earnings results from Cloudflare Inc (NYSE: NET) was released for 2024-12-31. The net profit margin was -4.72% and return on equity was -8.71% for NET. The company reported revenue of $459.95 million for the quarter, compared to $362.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.89 percent.
