S&P 500 falls as traders turn sour on tech
Director Mark J Hawkins sold 1,000 shares of Cloudflare, Inc. (NASDAQ: NET) Class A Common Stock on November 3, 2025, for $254.15 per share, totaling $254,150. The transaction occurred with NET shares trading near their 52-week high of $254.30, after the stock has surged 189% over the past year.
Following the transaction, Hawkins directly owns 10,990 shares of Cloudflare, Inc. The sale was executed under a Rule 10b5-1 trading plan adopted on May 30, 2025.The insider sale comes as InvestingPro analysis indicates Cloudflare is currently trading above its Fair Value, with the stock showing significant momentum despite not being profitable over the last twelve months. The company has posted strong revenue growth of 28% while maintaining a healthy gross profit margin of 75.2%. Investors seeking deeper insights can access Cloudflare’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro.
In other recent news, Cloudflare Inc . reported strong third-quarter 2025 earnings, with significant revenue growth and an increase in remaining performance obligations (RPO). The company achieved a 31% revenue growth and a 43% RPO growth, leading to an upward revision of its guidance for future quarters. Following these results, several analyst firms adjusted their price targets for Cloudflare. Stifel and Truist Securities both raised their price targets to $275, citing robust earnings and acceleration in growth. TD Cowen also increased its target to $265, while Piper Sandler set theirs at $249, highlighting Cloudflare’s strong execution and impressive customer growth. Cantor Fitzgerald raised its price target to $224, maintaining a Neutral rating, and noted a 3% revenue beat and a 1.7% increase in guidance. These developments reflect Cloudflare’s continued momentum and strategic success across various product segments.
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