Rep. Gilbert Ray Cisneros, Jr. Sells Cloudflare, Inc. (NYSE:NET) Shares
by Amy Steele · The Cerbat GemRepresentative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Cloudflare, Inc. (NYSE:NET). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cloudflare stock on December 24th. 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):
- Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
- Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
- Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.
Cloudflare Trading Down 0.3%
Cloudflare stock traded down $0.51 during trading hours on Wednesday, hitting $188.20. The company had a trading volume of 3,014,110 shares, compared to its average volume of 1,878,072. The firm has a market cap of $65.92 billion, a P/E ratio of -627.33, a P/E/G ratio of 124.12 and a beta of 1.96. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. Cloudflare, Inc. has a 1 year low of $89.42 and a 1 year high of $260.00. The company has a 50-day moving average price of $201.99 and a two-hundred day moving average price of $206.48.
Cloudflare (NYSE:NET – Get Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The company’s quarterly revenue was up 30.7% compared to the same quarter last year. During the same period last year, the company posted $0.20 earnings per share. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. On average, sell-side analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current year.
Institutional Trading of Cloudflare
Institutional investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of Cloudflare during the 2nd quarter worth approximately $541,462,000. Groupama Asset Managment purchased a new position in Cloudflare in the second quarter worth $225,204,000. Vanguard Group Inc. increased its position in shares of Cloudflare by 2.6% during the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock worth $6,934,958,000 after purchasing an additional 821,684 shares in the last quarter. KBC Group NV lifted its holdings in shares of Cloudflare by 1,388.7% during the 2nd quarter. KBC Group NV now owns 736,153 shares of the company’s stock valued at $144,161,000 after purchasing an additional 686,702 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of Cloudflare in the 3rd quarter worth $138,660,000. 82.68% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on NET shares. Wall Street Zen raised Cloudflare from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. DZ Bank upgraded Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 price target on the stock in a research note on Wednesday, November 5th. Stifel Nicolaus upped their price objective on shares of Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Argus increased their target price on shares of Cloudflare from $238.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Finally, Piper Sandler reduced their price target on shares of Cloudflare from $249.00 to $220.00 and set a “neutral” rating for the company in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $232.41.
Read Our Latest Stock Analysis on NET
Insider Buying and Selling at Cloudflare
In related news, CEO Matthew Prince sold 52,384 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $204.76, for a total value of $10,726,147.84. Following the completion of the transaction, the chief executive officer owned 22,175 shares in the company, valued at $4,540,553. This trade represents a 70.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Thomas J. Seifert sold 41,555 shares of Cloudflare stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $194.18, for a total value of $8,069,149.90. Following the sale, the chief financial officer directly owned 137,486 shares of the company’s stock, valued at approximately $26,697,031.48. This represents a 23.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 635,315 shares of company stock worth $127,379,605. 10.89% of the stock is owned by corporate 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 is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.
In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.