Cloudflare, Inc. $NET Shares Purchased by Altshuler Shaham Ltd

Altshuler Shaham Ltd raised its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 262.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,671 shares of the company’s stock after purchasing an additional 2,659 shares during the quarter. Altshuler Shaham Ltd’s holdings in Cloudflare were worth $724,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. HM Payson & Co. bought a new position in Cloudflare during the 4th quarter worth approximately $25,000. Wiser Advisor Group LLC bought a new position in Cloudflare during the 3rd quarter worth approximately $26,000. Wexford Capital LP bought a new position in Cloudflare during the 3rd quarter worth approximately $30,000. Ameriflex Group Inc. lifted its holdings in Cloudflare by 105.6% during the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after buying an additional 76 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in Cloudflare by 55.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Activity

In other Cloudflare news, Director Katrin Suder sold 293 shares of Cloudflare stock in a transaction on Monday, June 8th. The stock was sold at an average price of $252.92, for a total transaction of $74,105.56. Following the sale, the director owned 37,430 shares of the company’s stock, valued at $9,466,795.60. The trade was a 0.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of Cloudflare stock in a transaction on 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 sale, the insider directly owned 118,395 shares in the company, valued at $25,591,079.25. The trade was a 12.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 410,195 shares of company stock worth $86,581,825 over the last ninety days. 10.66% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NET shares. Citigroup reaffirmed a “market outperform” rating on shares of Cloudflare in a report on Monday. UBS Group raised their price target on Cloudflare from $220.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Morgan Stanley reissued an “overweight” rating and issued a $305.00 price target on shares of Cloudflare in a report on Thursday, June 4th. Guggenheim reissued a “sell” rating and issued a $140.00 price target on shares of Cloudflare in a report on Wednesday, June 10th. Finally, Royal Bank Of Canada raised their price target on Cloudflare from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Twenty-one investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $241.35.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a new Cloudflare One Design Partner Designation to help select global partners accelerate secure AI and SASE adoption, reinforcing demand for its enterprise security platform and supporting its long-term growth narrative.
• Positive Sentiment: Analyst and investor interest remains constructive, with Cloudflare highlighted as one of the more watched generative AI software names and previously supported by bullish analyst ratings and price targets.
• Neutral Sentiment: A third-party announcement about Spur’s no-code Cloudflare integration added ecosystem visibility, but it does not appear to materially change Cloudflare’s fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, creating a governance headline that could keep some investors cautious.
• Negative Sentiment: Cloudflare CFO Thomas J. Seifert sold 10,000 shares under a pre-arranged trading plan, and Director John Graham-Cumming also sold shares, which may pressure sentiment even though the sales were routine and relatively small versus their holdings.
• Negative Sentiment: Shares have also been weaker than the broader market in the latest sessions, suggesting some profit-taking after a strong run and leaving the stock sensitive to any negative headlines.

Cloudflare Stock Down 1.3%

Shares of Cloudflare stock opened at $228.07 on Thursday. The business’s fifty day moving average price is $217.30 and its two-hundred day moving average price is $202.45. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. The company has a market capitalization of $80.62 billion, a P/E ratio of -912.28, a PEG ratio of 411.56 and a beta of 1.70. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $276.82.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $639.76 million for the quarter, compared to the consensus estimate 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 for the quarter was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 forecast that Cloudflare, Inc. will post 0.01 EPS for the current year.

Cloudflare Company 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.