The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

  • Emma Walmsley Buys 7 Shares of GSK plc (LON:GSK) Stock

  • Medical marijuana provider cries foul over online brokers, telehealth evaluations – Orlando Sentinel

  • Xponance Inc. Acquires 3,047 Shares of Johnson & Johnson (NYSE:JNJ)

  • Australia, Singapore to explore boosting supply chain resilience: Vivian

Stock Shares
Home›Stock Shares›Matthew Prince Sells 52,384 Shares of Cloudflare, Inc. (NYSE:NET) Stock

Matthew Prince Sells 52,384 Shares of Cloudflare, Inc. (NYSE:NET) Stock

By Megan
June 7, 2022
6
0
Share:

Cloudflare logoCloudflare, Inc. (NYSE:NET – Get Rating) CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $54.66, for a total value of $2,863,309.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Matthew Prince also recently made the following trade(s):

  • On Thursday, June 2nd, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $57.86, for a total value of $3,030,938.24.
  • On Thursday, May 12th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $56.88, for a total value of $2,979,601.92.
  • On Wednesday, April 6th, Matthew Prince sold 52,384 shares of Cloudflare stock. The stock was sold at an average price of $109.65, for a total value of $5,743,905.60.
  • On Monday, April 4th, Matthew Prince sold 52,384 shares of Cloudflare stock. The shares were sold at an average price of $126.67, for a total value of $6,635,481.28.

Shares of Cloudflare stock traded down $0.63 on Monday, hitting $53.91. The company’s stock had a trading volume of 4,022,417 shares, compared to its average volume of 5,989,711. The company has a debt-to-equity ratio of 2.78, a quick ratio of 6.85 and a current ratio of 6.85. Cloudflare, Inc. has a 1 year low of $50.03 and a 1 year high of $221.64. The firm has a fifty day moving average price of $84.48 and a 200-day moving average price of $107.40. The company has a market capitalization of $17.59 billion, a price-to-earnings ratio of -64.95 and a beta of 1.06.

Cloudflare (NYSE:NET – Get Rating) last posted its quarterly earnings data on Thursday, May 5th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.09) by $0.10. Cloudflare had a negative return on equity of 17.74% and a negative net margin of 35.83%. The company had revenue of $212.20 million during the quarter, compared to analyst estimates of $205.66 million. During the same period in the previous year, the business earned ($0.11) EPS. Cloudflare’s quarterly revenue was up 53.7% on a year-over-year basis. As a group, analysts forecast that Cloudflare, Inc. will post -0.41 EPS for the current year.

Large investors have recently bought and sold shares of the business. International Assets Investment Management LLC grew its position in shares of Cloudflare by 3.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,987 shares of the company’s stock valued at $393,000 after purchasing an additional 104 shares in the last quarter. Signaturefd LLC grew its position in shares of Cloudflare by 1.2% in the first quarter. Signaturefd LLC now owns 10,606 shares of the company’s stock valued at $1,270,000 after purchasing an additional 125 shares in the last quarter. Private Capital Group LLC grew its position in shares of Cloudflare by 109.2% in the first quarter. Private Capital Group LLC now owns 251 shares of the company’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Cloudflare by 2.4% in the fourth quarter. Cetera Investment Advisers now owns 6,184 shares of the company’s stock valued at $813,000 after purchasing an additional 145 shares in the last quarter. Finally, Clearstead Advisors LLC grew its position in shares of Cloudflare by 93.8% in the first quarter. Clearstead Advisors LLC now owns 310 shares of the company’s stock valued at $37,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 69.96% of the company’s stock.

A number of research analysts have weighed in on NET shares. Citigroup lowered their target price on Cloudflare from $120.00 to $95.00 in a report on Friday, May 6th. Needham & Company LLC cut their target price on Cloudflare from $245.00 to $100.00 and set a “na” rating for the company in a research report on Monday, May 16th. Robert W. Baird cut their target price on Cloudflare from $210.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, February 11th. Wells Fargo & Company raised their price objective on Cloudflare from $95.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, February 11th. Finally, Royal Bank of Canada lowered their price objective on Cloudflare from $155.00 to $120.00 in a research note on Monday, May 2nd. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $130.02.

Cloudflare Company Profile (Get Rating)

CloudFlare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers 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.

See Also

Insider Buying and Selling by Quarter for Cloudflare (NYSE:NET)



Receive News & Ratings for Cloudflare Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Cloudflare and related companies with MarketBeat.com’s FREE daily email newsletter.

Source link

TagsCloudflareComputer and TechnologyInsider TradesInsider TradingNETNYSE:NETStocks
Previous Article

Developers look to make $13.9 million investment ...

Next Article

Dollar Gains Against Yen, Australian Dollar As ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Stock Shares

    Annie Armstrong Sells 3,317 Shares of LendingClub Co. (NYSE:LC) Stock

    June 10, 2022
    By Megan
  • Brokers

    Broker-Dealer settles with SEC over statements they do not restrict meme stocks

    May 25, 2022
    By Megan
  • Stock Shares

    Paul D. Hinnenkamp Sells 6,500 Shares of Entergy Co. (NYSE:ETR) Stock

    June 2, 2022
    By Megan
  • Stock Shares

    NanoVibronix, Inc. (NASDAQ:NAOV) Director Christopher M. Fashek Acquires 40,000 Shares of Stock

    June 18, 2022
    By Megan
  • Stock Shares

    Nordic American Tankers (NYSE:NAT) Shares Cross Above 200-Day Moving Average of $2.06

    July 5, 2022
    By Megan
  • Gold and Precious Metals

    Insider Selling: Royal Gold, Inc. (NASDAQ:RGLD) VP Sells 638 Shares of Stock

    June 6, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Investment

    Short Interest in Stellus Capital Investment Co. (NYSE:SCM) Declines By 26.2%

  • Australian Economy

    Pacific ‘positive’ about Australian engagement: PM

  • Investment

    Dallas tax services firm Ryan soars to $2.5 billion valuation with new investment

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • July 6, 2022

    Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

  • July 6, 2022

    Emma Walmsley Buys 7 Shares of GSK plc (LON:GSK) Stock

  • July 6, 2022

    Medical marijuana provider cries foul over online brokers, telehealth evaluations – Orlando Sentinel

  • July 6, 2022

    Xponance Inc. Acquires 3,047 Shares of Johnson & Johnson (NYSE:JNJ)

  • July 6, 2022

    Australia, Singapore to explore boosting supply chain resilience: Vivian

Best Reviews

Latest News

Australian Economy

Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

SINGAPORE: Singapore and Australia are aiming for an “ambitious” and “practical” green economy agreement that will make a difference to both countries, said Minister for Foreign Affairs Vivian Balakrishnan on ...
  • Emma Walmsley Buys 7 Shares of GSK plc (LON:GSK) Stock

    By Megan
    July 6, 2022
  • Medical marijuana provider cries foul over online brokers, telehealth evaluations – Orlando Sentinel

    By Megan
    July 6, 2022
  • Xponance Inc. Acquires 3,047 Shares of Johnson & Johnson (NYSE:JNJ)

    By Megan
    July 6, 2022
  • Australia, Singapore to explore boosting supply chain resilience: Vivian

    By Megan
    July 6, 2022
  • Recent

  • Popular

  • Comments

  • Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

    By Megan
    July 6, 2022
  • Emma Walmsley Buys 7 Shares of GSK plc (LON:GSK) Stock

    By Megan
    July 6, 2022
  • Medical marijuana provider cries foul over online brokers, telehealth evaluations – Orlando Sentinel

    By Megan
    July 6, 2022
  • Xponance Inc. Acquires 3,047 Shares of Johnson & Johnson (NYSE:JNJ)

    By Megan
    July 6, 2022
  • Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

    By Megan
    July 6, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Australian Economy

    Singapore and Australia exploring ‘ambitious’ green economy agreement: Vivian Balakrishnan

    SINGAPORE: Singapore and Australia are aiming for an “ambitious” and “practical” green economy agreement that will make a difference to both countries, said Minister for Foreign Affairs Vivian Balakrishnan on ...
  • Stock Shares

    Emma Walmsley Buys 7 Shares of GSK plc (LON:GSK) Stock

    GSK plc (LON:GSK – Get Rating) insider Emma Walmsley bought 7 shares of the company’s stock in a transaction that occurred on Monday, July 4th. The stock was bought at ...
  • Brokers

    Medical marijuana provider cries foul over online brokers, telehealth evaluations – Orlando Sentinel

    TALLAHASSEE — As the number of patients approved to use medical marijuana in Florida continues to climb, some providers are growing increasingly frustrated by what they allege are bad actors ...
  • Stock Shares

    Xponance Inc. Acquires 3,047 Shares of Johnson & Johnson (NYSE:JNJ)

    Xponance Inc. boosted its holdings in Johnson & Johnson (NYSE:JNJ – Get Rating) by 1.3% in the 1st quarter, HoldingsChannel reports. The firm owned 239,452 shares of the company’s stock ...
  • Australian Economy

    Australia, Singapore to explore boosting supply chain resilience: Vivian

    SINGAPORE – Australia and Singapore will seek to draw on the “huge reservoir” of strategic trust between them to strengthen supply chains that could withstand future crises, said Foreign Minister ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.