These are top 10 stocks traded on the Robinhood UK platform in July
Cloudflare, Inc. (NASDAQ:NYSE:NET) Chief Financial Officer Thomas J. Seifert sold a total of 60,730 shares of Class A Common Stock on July 25 and July 28, 2025. The sales were executed at a price range of $200.0 to $201.1967, resulting in total proceeds of approximately $12.1 million. The timing is notable as the stock trades near its 52-week high of $202.36, having delivered an impressive 157% return over the past year. According to InvestingPro analysis, the stock appears overvalued at current levels.
The sales were related to shares held indirectly through various trusts and partnerships, including Center Court Partners Ltd., Center Court 2020 Trust 1 UA 12/11/20, Center Court 2020 Trust 2 UA 12/11/20, and Center Court 2020 Trust 3 UA 12/11/20, for which Seifert serves as a partner or trustee. The transaction comes just days before Cloudflare’s scheduled earnings release on July 31, 2025. Get deeper insights into NET’s valuation and 15+ additional ProTips with InvestingPro.
On the same dates, Seifert also converted a total of 60,730 shares of Class B Common Stock into Class A Common Stock.
In other recent news, Cloudflare has seen a series of upgrades from financial analysts. JMP Securities increased its price target for Cloudflare to $225, citing positive quarterly data as a key factor. Similarly, RBC Capital raised its target to $210, highlighting the strong performance of Cloudflare’s Workers platform following robust first-quarter results. Wells Fargo (NYSE:WFC) also adjusted its price target to $225 and anticipates Cloudflare will report strong second-quarter 2025 results, driven by large deals and rising demand for DDoS protection services. TD Cowen set its new price target at $200, emphasizing the strong demand for Cloudflare’s services despite broader economic challenges.
Additionally, Cloudflare recently experienced an outage on July 14 due to a service topology change. This affected its 1.1.1.1 service, causing downtime for some customers for 62 minutes. The company attributed the disruption to a misconfiguration of legacy systems responsible for advertising Cloudflare’s IP addresses. These developments reflect Cloudflare’s ongoing growth and challenges in the tech industry.
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