NET Cloudflare (NET) Insider Trading, Ownership & Congress Trades
Software & IT · Services-prepackaged software · CIK 0001477333
Congress · 1Form 144 · 9
Insider buyers, 180 days
0
Funds added, last quarter
713
13F, latest reported quarter
Conversions, 180 days
51
Codes C/M, not in net · $4.8M priced
What the filings say about NET
Insiders, 180 days
-$367.4M net sold
9 sellers · 25% of sales under a 10b5-1 plan
Congress, 1 year
1 bought · 2 sold
Latest: sale, 2026-08-18
Planned sales (Form 144), 90 days
$143.1M
9 notices
Cloudflare insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Cloudflare, Inc. insiders sold a net $367.4M of stock across 3,224 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 501 earlier Form 4 trades (code P or S) here by this insider (501 sales), the last on Sep 17, 2026.
- The trade is 0.9% of the 116,358 shares held after it.
- 2 other insiders sold within 30 days.
- 713 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer SEIFERT THOMAS J sold about $327.0K of NET under a 10b5-1 plan on Oct 19, 2026; 2 other insiders sold within 30 days and 713 funds added in the latest 13F quarter.Context
- 501 earlier Form 4 trades (code P or S) here by this insider (501 sales), the last on Sep 17, 2026.
- The trade is 3.0% of the 112,957 shares held after it.
- 2 other insiders sold within 30 days.
- 713 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer SEIFERT THOMAS J sold about $1.0M of NET under a 10b5-1 plan on Oct 19, 2026; 2 other insiders sold within 30 days and 713 funds added in the latest 13F quarter.Context
- 501 earlier Form 4 trades (code P or S) here by this insider (501 sales), the last on Sep 17, 2026.
- The trade is 3.4% of the 109,201 shares held after it.
- 2 other insiders sold within 30 days.
- 713 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer SEIFERT THOMAS J sold about $1.1M of NET under a 10b5-1 plan on Oct 19, 2026; 2 other insiders sold within 30 days and 713 funds added in the latest 13F quarter.Context
- 501 earlier Form 4 trades (code P or S) here by this insider (501 sales), the last on Sep 17, 2026.
- The trade is 2.5% of the 106,558 shares held after it.
- 2 other insiders sold within 30 days.
- 713 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer SEIFERT THOMAS J sold about $793.9K of NET under a 10b5-1 plan on Oct 19, 2026; 2 other insiders sold within 30 days and 713 funds added in the latest 13F quarter.Context
- 501 earlier Form 4 trades (code P or S) here by this insider (501 sales), the last on Sep 17, 2026.
- The trade is 0.6% of the 105,960 shares held after it.
- 2 other insiders sold within 30 days.
- 713 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer SEIFERT THOMAS J sold about $180.6K of NET under a 10b5-1 plan on Oct 19, 2026; 2 other insiders sold within 30 days and 713 funds added in the latest 13F quarter.3,224 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$367.4M over 180 days
-$174.2M over 90 days · -$152.2M of it by a 10%+ holder
below 96% of Software & IT
Congress
1 member bought in the last year
the lowest in Software & IT
Funds
713 funds bought in last quarter
more than 95% of Software & IT
Revenue
+29.8% year over year
more than 79% of Software & IT
Margin
-4.7% net margin
below 52% of Software & IT
Buybacks
no share repurchases reported
Short interest
2.4% of the float short (float per yahoo 2026-10-26) · 2.5 days to cover · settled 2026-09-30
What changed in the last 30 days
Oct 19Chief Financial Officer SEIFERT THOMAS J sold $3.7M under a 10b5-1 plan (Oct 19)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 19Officer THOMAS SEIFERT filed to sell $3.7M by Oct 19 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Oct 19Director Ledbetter Carl sold $1.5M under a 10b5-1 plan (Oct 19)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 7President and Board Co-Chair Zatlyn Michelle sold $35.2M under a 10b5-1 plan (21 trades, Oct 5 to Oct 7)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 5Officer Michelle Zatlyn filed to sell $106.8M by Oct 5 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Watch NET
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+54.6%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NET: institutional holders (13F)
13F holdings, latest reported quarter
24,325,692 sh
$6.0B
21,598,907 sh
$5.3B
16,819,726 sh
$4.1B
15,258,327 sh
$3.7B
14,598,594 sh
$3.6B
Congress trades in NET
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2026-08-18 · disclosed 23 days later
$1,001 - $15,000
Sold 2026-02-04 · disclosed 40 days later
$1,001 - $15,000
Bought 2026-01-30 · disclosed 14 days later
$1,001 - $15,000
Sold 2025-12-24 · disclosed 19 days later
$1,001 - $15,000
Bought 2025-11-18 · disclosed 27 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NET planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
THOMAS SEIFERT
Filed 2026-10-19
$3.7M
Michelle Zatlyn
Filed 2026-10-05
$106.8M
Ledbetter Carl
Filed 2026-09-22
$8.8M
THOMAS SEIFERT
Filed 2026-09-17
$3.2M
ALISSA M STARZAK
Filed 2026-08-18
$773.3K
NET mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Transamerica Capital Growth
$176.1M position · as of 2026-07-31
15.6%
Discovery Portfolio
$111.4M position · as of 2026-06-30
13.9%
Discovery Portfolio
$26.4M position · as of 2026-06-30
13.8%
Morgan Stanley Discovery Portfolio
$170.5M position · as of 2026-06-30
13.6%
Global Insight Portfolio
$7.6M position · as of 2026-06-30
13.5%
GROWTH PORTFOLIO
$483.0M position · as of 2026-06-30
13.4%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Prince
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$60.6M
$97.7M
$25.5M
+159%
+158%
2024
$2.1M
$6.6M
$6.0M
+42%
+108%
2023
$20.5M
$36.8M
$15.4M
+10%
+52%
2022
$599.7K
-$123.8M
$20.2M
-41%
-3%
2021
$400.0K
$133.6M
$2.8M
+73%
+35%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $367.4M sold by insiders over 180 days, 713 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade, $143.1M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
NET financials
Revenue growth
+29.8%
XBRL, annual
Net margin
-4.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$2.5B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM NET
| FY Dec 2025 | $2.2B |
| FY Dec 2024 | $1.7B |
| FY Dec 2023 | $1.3B |
| FY Dec 2022 | $975.2M |
| FY Dec 2021 | $656.4M |
| Jun 2026 | $696.1M |
| Mar 2026 | $639.8M |
| Dec 2025 | $614.5M |
| Sep 2025 | $562.0M |
| Jun 2025 | $512.3M |
| Mar 2025 | $479.1M |
| Dec 2024 | $459.9M |
| Sep 2024 | $430.1M |
At each fiscal year end
Single quarter
Net margin, TTM
-8.2%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM NET
| FY Dec 2025 | -4.7% |
| FY Dec 2024 | -4.7% |
| FY Dec 2023 | -14.2% |
| FY Dec 2022 | -19.8% |
| FY Dec 2021 | -39.7% |
| Jun 2026 | -24.4% |
| Mar 2026 | -3.6% |
| Dec 2025 | -2.0% |
| Sep 2025 | -0.2% |
| Jun 2025 | -9.8% |
| Mar 2025 | -8.0% |
| Dec 2024 | -2.8% |
| Sep 2024 | -3.6% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$348.4M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM NET
| FY Dec 2025 | $287.5M |
| FY Dec 2024 | $195.4M |
| FY Dec 2023 | $140.0M |
| FY Dec 2022 | -$20.0M |
| FY Dec 2021 | -$28.3M |
| Jun 2026 | $67.6M |
| Mar 2026 | $93.1M |
| Dec 2025 | $105.2M |
| Sep 2025 | $82.5M |
| Jun 2025 | $39.9M |
| Mar 2025 | $59.9M |
| Dec 2024 | $54.2M |
| Sep 2024 | $54.5M |
At each fiscal year end
Single quarter
Debt to equity
1.22x
long-term 2026-06-30 plus current 2019-12-31 (79 months older than the period end); equity 2026-06-30
Debt to equity NET
| FY Dec 2025 | 1.35x |
| FY Dec 2024 | 1.23x |
| FY Dec 2023 | 1.68x |
| FY Dec 2022 | 2.30x |
| FY Dec 2021 | 1.41x |
| Jun 2026 | 1.22x |
| Mar 2026 | 1.29x |
| Dec 2025 | 1.35x |
| Sep 2025 | 1.46x |
| Jun 2025 | 2.63x |
| Mar 2025 | 0.90x |
| Dec 2024 | 1.23x |
| Sep 2024 | 1.32x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.32x
TTM operating cash flow over long-term 2026-06-30 plus current 2019-12-31 (79 months older than the period end)
Cash flow to debt NET
| FY Dec 2025 | 0.31x |
| FY Dec 2024 | 0.30x |
| FY Dec 2023 | 0.20x |
| FY Dec 2022 | 0.09x |
| FY Dec 2021 | 0.06x |
| Jun 2026 | 0.32x |
| Mar 2026 | 0.31x |
| Dec 2025 | 0.31x |
| Sep 2025 | 0.27x |
| Jun 2025 | 0.15x |
| Mar 2025 | 0.35x |
| Dec 2024 | 0.30x |
| Sep 2024 | 0.26x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-14.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity NET
| FY Dec 2025 | -8.2% |
| FY Dec 2024 | -8.7% |
| FY Dec 2023 | -26.5% |
| FY Dec 2022 | -26.9% |
| FY Dec 2021 | -32.0% |
| Jun 2026 | -14.4% |
| Mar 2026 | -5.9% |
| Dec 2025 | -8.2% |
| Sep 2025 | -8.9% |
| Jun 2025 | -11.0% |
| Mar 2025 | -7.4% |
| Dec 2024 | -8.7% |
| Sep 2024 | -11.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-3.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets NET
| FY Dec 2025 | -2.2% |
| FY Dec 2024 | -2.6% |
| FY Dec 2023 | -6.9% |
| FY Dec 2022 | -7.8% |
| FY Dec 2021 | -13.9% |
| Jun 2026 | -3.4% |
| Mar 2026 | -1.8% |
| Dec 2025 | -2.2% |
| Sep 2025 | -2.3% |
| Jun 2025 | -2.8% |
| Mar 2025 | -2.5% |
| Dec 2024 | -2.6% |
| Sep 2024 | -3.3% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital NET
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-8.3%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed NET
| FY Dec 2025 | -6.7% |
| FY Dec 2024 | -6.6% |
| FY Dec 2023 | -8.5% |
| FY Dec 2022 | -9.4% |
| FY Dec 2021 | -7.7% |
| Jun 2026 | -8.3% |
| Mar 2026 | -6.5% |
| Dec 2025 | -6.7% |
| Sep 2025 | -6.4% |
| Jun 2025 | -5.3% |
| Mar 2025 | -6.0% |
| Dec 2024 | -6.6% |
| Sep 2024 | -7.2% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing NET
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value NET
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield NET
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing NET
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $2.2B | $1.7B | $1.3B | $975.2M |
| Gross profit | $1.6B | $1.3B | $989.7M | $742.6M |
| Operating income | -$207.2M | -$154.8M | -$185.5M | -$201.2M |
| Net income | -$102.3M | -$78.8M | -$183.9M | -$193.4M |
| EPS (diluted) | -0.29 | -0.23 | -0.55 | -0.59 |
| Operating cash flow | $603.1M | $380.4M | $254.4M | $123.6M |
| Cash | $943.5M | $147.7M | $86.9M | $204.2M |
| Long-term debt | $2.0B | $1.3B | $1.3B | $1.4B |
| Buybacks | $0 | $0 | $34.0K | $3.0K |
SEC XBRL, fiscal years, as known on 2026-10-27
NET Stock Sonar score 6/7 axes
Find similar shapesCompareNET ranks highest on growth (82nd percentile) and risk and compliance (69th), and lowest on insider conviction (2nd), among Software & IT peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
NET filings, in plain words
Are Cloudflare insiders buying or selling NET?
In the 180 days to 2026-10-27, Cloudflare insiders were net sellers, a net $367.4M across purchases and sales reported on Form 4, by 9 sellers.
Have members of Congress traded NET?
Yes. In the year to 2026-10-27, 1 House member disclosed buying NET and 2 House members disclosed selling it; the latest on record is a sale by Gilbert Cisneros dated 2026-08-18.
Are there planned insider sales of NET?
Yes. 9 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $143.1M of stock; the latest, by THOMAS SEIFERT, was filed 2026-10-19.
Read the full summary
In the 180 days to 2026-10-27, Cloudflare insiders were net sellers of NET, a net $367.4M across purchases and sales reported on Form 4 by 9 sellers. 25% of the 471 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 1 member of Congress disclosed buying NET and 2 members disclosed selling it; the latest on record is a sale by Gilbert Cisneros dated 2026-08-18. Insiders filed 9 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $143.1M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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