6,000 Shares in Cloudflare, Inc. $NET Bought by Maytus Capital Management LLC

Maytus Capital Management LLC bought a new position in shares of Cloudflare, Inc. (NYSE:NET) during the 4th quarter, HoldingsChannel reports. The firm bought 6,000 shares of the company’s stock, valued at approximately $1,183,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lombard Odier Asset Management Switzerland SA purchased a new position in Cloudflare during the 4th quarter worth $1,979,000. Maryland State Retirement & Pension System grew its stake in Cloudflare by 2.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 15,621 shares of the company’s stock worth $3,080,000 after buying an additional 400 shares during the last quarter. Clark Capital Management Group Inc. grew its stake in Cloudflare by 12.9% during the 4th quarter. Clark Capital Management Group Inc. now owns 1,821 shares of the company’s stock worth $359,000 after buying an additional 208 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in Cloudflare during the 4th quarter worth $53,000. Finally, Captrust Financial Advisors grew its stake in Cloudflare by 16.1% during the 4th quarter. Captrust Financial Advisors now owns 87,529 shares of the company’s stock worth $17,256,000 after buying an additional 12,109 shares during the last quarter. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NET has been the topic of several research analyst reports. Stifel Nicolaus set a $260.00 target price on Cloudflare in a research note on Friday, May 8th. Jefferies Financial Group initiated coverage on Cloudflare in a research note on Wednesday, April 15th. They set a “buy” rating on the stock. The Goldman Sachs Group downgraded Cloudflare from a “buy” rating to a “sell” rating in a research note on Wednesday, April 15th. Citigroup restated a “market outperform” rating on shares of Cloudflare in a research note on Monday. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $270.00 price target on shares of Cloudflare in a research report on Monday. Twenty-one equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $241.35.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare continued to attract investor attention as one of Zacks’ most watched stocks, and the company also saw upbeat analyst support when Citizens JMP reaffirmed its “market outperform” rating with a $270 price target, implying meaningful upside from current levels.
• Positive Sentiment: Shares had recently benefited from broader enthusiasm for AI security plays, with Cloudflare mentioned alongside other cybersecurity names as investors rotated into the theme.
• Neutral Sentiment: A new third-party announcement highlighted a no-code Cloudflare integration from Spur to improve session enrichment and traffic enforcement, reinforcing Cloudflare’s ecosystem presence but not directly changing fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, adding a governance-related headline that could keep some investors cautious.
• Negative Sentiment: A director, John Graham-Cumming, disclosed the sale of 2,520 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the transaction was routine and small relative to his holdings.
• Negative Sentiment: Cloudflare also fell more than the broader market in the latest session, reflecting some profit-taking after earlier strength and mixed investor positioning.

Cloudflare Stock Performance

Shares of NET opened at $231.19 on Wednesday. The stock has a 50-day moving average of $216.97 and a two-hundred day moving average of $202.23. Cloudflare, Inc. has a one year low of $158.83 and a one year high of $276.82. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a market cap of $81.72 billion, a P/E ratio of -924.75, a P/E/G ratio of 496.37 and a beta of 1.70.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The firm’s revenue was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, research analysts predict that Cloudflare, Inc. will post 0.01 EPS for the current year.

Insider Buying and Selling

In other news, Director Carl Ledbetter sold 15,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $238.12, for a total value of $3,571,800.00. Following the completion of the transaction, the director owned 908,073 shares of the company’s stock, valued at $216,230,342.76. The trade was a 1.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $216.15, for a total value of $3,510,924.45. Following the completion of the transaction, the insider directly owned 118,395 shares of the company’s stock, valued at approximately $25,591,079.25. This trade represents a 12.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 400,195 shares of company stock worth $84,257,925. Corporate insiders own 10.66% of the company’s stock.

Cloudflare Profile

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.