Cloudflare Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:8CF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Nov 24	Sell€1,000,076	Matthew Prince	Individual	10,761	€93.35
07 Aug 24	Sell€635,573	Matthew Prince	Individual	8,742	€72.70
05 Jun 24	Sell€1,912,302	Carl Ledbetter	Individual	30,270	€63.17
09 Apr 24	Sell€1,082,290	Matthew Prince	Individual	12,183	€89.17

Insider Trading Volume

Insider Buying: 8CF insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 8CF?
Owner Type	Number of Shares	Ownership Percentage
State or Government	131,046	0.0382%
General Public	36,747,522	10.7%
Individual Insiders	38,048,519	11.1%
Institutions	268,266,829	78.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.

Top Shareholders

Top 25 shareholders own 71.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.4%	Capital Research and Management Company	35,575,929	€3.8b	5.52%	0.18%
9.47%	Baillie Gifford & Co.	32,510,592	€3.5b	-0.65%	1.54%
8.85%	The Vanguard Group, Inc.	30,366,932	€3.3b	1.8%	0.05%
8.38%	Matthew Prince	28,765,274	€3.1b	-1.08%	no data
6.6%	Morgan Stanley Investment Management Inc.	22,650,850	€2.4b	-7.24%	1.92%
5.27%	BlackRock, Inc.	18,093,133	€2.0b	1.82%	0.03%
3.49%	FMR LLC	11,977,092	€1.3b	-7.44%	0.08%
2.09%	Michelle Zatlyn	7,176,980	€775.1m	-1.05%	no data
1.86%	State Street Global Advisors, Inc.	6,391,355	€690.3m	1.42%	0.03%
1.85%	Sands Capital Management, LLC	6,344,384	€685.2m	-1.93%	1.71%
1.65%	First Trust Advisors LP	5,679,308	€613.4m	-17.2%	0.51%
1.41%	Geode Capital Management, LLC	4,834,558	€522.1m	2.58%	0.04%
1.2%	Legal & General Investment Management Limited	4,123,705	€445.4m	19.4%	0.08%
1.05%	Polar Capital Holdings Plc	3,595,505	€388.3m	22.9%	1.4%
0.94%	Allianz Global Investors U.S. LLC	3,237,942	€349.7m	0%	2.43%
0.91%	Voya Investment Management LLC	3,132,004	€338.3m	11.8%	0.38%
0.85%	Marshall Wace LLP	2,901,135	€313.3m	87.3%	0.46%
0.75%	UBS Asset Management AG	2,577,092	€278.3m	-0.33%	0.03%
0.74%	1832 Asset Management L.P.	2,546,100	€275.0m	17.8%	0.37%
0.74%	Nikko Asset Management Co., Ltd.	2,530,173	€273.3m	52.3%	0.1%
0.67%	Gilder Gagnon Howe & Co. LLC	2,287,099	€247.0m	-1.9%	2.67%
0.6%	Norges Bank Investment Management	2,054,340	€221.9m	0%	0.02%
0.59%	Franklin Resources, Inc.	2,013,107	€217.4m	-6.65%	0.08%
0.47%	Northern Trust Global Investments	1,629,379	€176.0m	-8.09%	0.03%
0.42%	Squarepoint OPS LLC	1,446,157	€156.2m	39%	0.52%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 19:11
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cloudflare, Inc. is covered by 52 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Shrenik Kothari	Baird
Ishan Majumdar	Baptista Research
Andrew DeGasperi	BNP Paribas Exane