Capula Management Ltd Buys 6,662 Shares of Cloudflare, Inc. $NET

Capula Management Ltd raised its stake in shares of Cloudflare, Inc. (NYSE:NET) by 97.1% during the 1st quarter, HoldingsChannel reports. The firm owned 13,526 shares of the company’s stock after purchasing an additional 6,662 shares during the quarter. Capula Management Ltd’s holdings in Cloudflare were worth $2,791,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sei Investments Co. boosted its holdings in shares of Cloudflare by 12.0% during the 1st quarter. Sei Investments Co. now owns 383,521 shares of the company’s stock worth $79,137,000 after buying an additional 41,137 shares during the period. Signature Equity Partners LLC grew its stake in Cloudflare by 22.3% in the 1st quarter. Signature Equity Partners LLC now owns 412 shares of the company’s stock valued at $85,000 after buying an additional 75 shares during the last quarter. CI Investments Inc. raised its holdings in Cloudflare by 122.8% in the 1st quarter. CI Investments Inc. now owns 231,386 shares of the company’s stock worth $47,744,000 after acquiring an additional 127,552 shares during the period. Pacific Sun Financial Corp bought a new position in Cloudflare in the 1st quarter worth $206,000. Finally, PNC Financial Services Group Inc. lifted its position in Cloudflare by 20.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 14,281 shares of the company’s stock worth $2,947,000 after acquiring an additional 2,412 shares during the last quarter. Institutional investors own 82.68% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on NET. Cantor Fitzgerald restated a “neutral” rating and set a $230.00 price target (up from $224.00) on shares of Cloudflare in a report on Wednesday, June 10th. Guggenheim reiterated a “sell” rating and issued a $140.00 price objective on shares of Cloudflare in a research note on Wednesday, June 10th. Truist Financial boosted their price objective on Cloudflare from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday. Mizuho increased their target price on Cloudflare from $260.00 to $310.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $290.00 target price on shares of Cloudflare in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Cloudflare presently has an average rating of “Moderate Buy” and a consensus target price of $261.19.

Cloudflare Price Performance

Shares of Cloudflare stock opened at $262.53 on Friday. 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 cap of $92.80 billion, a PE ratio of -1,050.12, a price-to-earnings-growth ratio of 274.15 and a beta of 1.67. The firm has a fifty day moving average price of $242.42 and a two-hundred day moving average price of $212.03. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $291.00.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $639.75 million for the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business’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. Analysts expect that Cloudflare, Inc. will post 0.02 EPS for the current year.

Insider Activity

In other news, insider Michelle Zatlyn sold 35,080 shares of Cloudflare stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the sale, the insider owned 47,425 shares of the company’s stock, valued at approximately $10,148,001.50. This trade represents a 42.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,422 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $249.09, for a total value of $13,057,795.98. 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 564,903 shares of company stock worth $127,356,194 over the last 90 days. Corporate insiders own 10.66% of the company’s stock.

About Cloudflare

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.