Mirae Asset Global Investments Co. Ltd. Has $3.78 Million Stock Holdings in Cloudflare, Inc. $NET

Mirae Asset Global Investments Co. Ltd. trimmed its stake in shares of Cloudflare, Inc. (NYSE:NET) by 68.4% in the second quarter, HoldingsChannel.com reports. The fund owned 15,404 shares of the company’s stock after selling 33,394 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Cloudflare were worth $3,778,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NET. CX Institutional raised its stake in Cloudflare by 49.4% in the second quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. Quadrant Private Wealth Management LLC grew its stake in Cloudflare by 3.2% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,653 shares of the company’s stock worth $341,000 after buying an additional 51 shares in the last quarter. Essential Partners LLC grew its stake in Cloudflare by 14.5% during the first quarter. Essential Partners LLC now owns 402 shares of the company’s stock worth $83,000 after buying an additional 51 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in Cloudflare by 2.6% in the 1st quarter. Jamison Private Wealth Management Inc. now owns 2,064 shares of the company’s stock valued at $426,000 after buying an additional 52 shares during the period. Finally, Revisor Wealth Management LLC increased its holdings in Cloudflare by 4.0% in the 1st quarter. Revisor Wealth Management LLC now owns 1,390 shares of the company’s stock valued at $287,000 after buying an additional 53 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.

Cloudflare Stock Performance

Shares of Cloudflare stock opened at $331.45 on Friday. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $332.22. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The firm has a market capitalization of $117.16 billion, a P/E ratio of -571.47, a P/E/G ratio of 192.59 and a beta of 1.65. The company’s 50 day moving average price is $260.67 and its two-hundred day moving average price is $223.07.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company had revenue of $696.06 million during the quarter, compared to the consensus estimate of $664.66 million. During the same period in the prior year, the business earned $0.21 earnings per share. The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, equities analysts forecast that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Thomas J. Seifert sold 55,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $300.30, for a total transaction of $16,516,500.00. Following the sale, the chief financial officer directly owned 113,790 shares in the company, valued at approximately $34,171,137. The trade was a 32.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark J. Hawkins sold 133 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $277.74, for a total transaction of $36,939.42. Following the completion of the transaction, the director owned 10,632 shares of the company’s stock, valued at approximately $2,952,931.68. This trade represents a 1.24% 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 ninety days, insiders sold 748,719 shares of company stock valued at $183,992,198. 10.66% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Cloudflare to a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research report on Friday, July 17th. Scotiabank upped their target price on Cloudflare from $300.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Citigroup raised their target price on Cloudflare from $265.00 to $400.00 and gave the company a “buy” rating in a report on Monday. Finally, Needham & Company LLC lifted their price target on Cloudflare from $280.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $320.19.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Strong Q2 results and upbeat guidance support the rally. Cloudflare reported revenue of $696.1 million, up 35.9% year over year and above expectations, while non-GAAP EPS of $0.29 exceeded the $0.27 consensus. Next-quarter revenue guidance of approximately $736.5 million was also ahead of analyst estimates. NET Q2 Deep Dive
• Positive Sentiment: AI security and developer-platform demand are strengthening Cloudflare’s growth story. Coverage points to increasing demand for SASE, Zero Trust, agentic AI and developer tools, potentially helping Cloudflare win larger enterprise contracts and compete more directly with Palo Alto Networks and Zscaler. Cloudflare AI security strategy
• Positive Sentiment: Signal selected Cloudflare as an independent Key Transparency auditor. The partnership gives hundreds of millions of Signal users additional confidence in message privacy and showcases Cloudflare’s security and trust infrastructure. Signal partnership announcement
• Positive Sentiment: Analyst sentiment remains broadly favorable. Several firms raised price targets, and brokerages maintain a consensus “Moderate Buy” view. Technical coverage also describes strong momentum after the earnings beat. Cloudflare momentum setup
• Neutral Sentiment: Cloudflare raised $2.175 billion through zero-coupon convertible notes due in 2031. The deal adds financial flexibility without cash interest expense, but potential future share conversion could dilute existing shareholders. Cloudflare convertible note offering
• Negative Sentiment: x402 settlement volume has plunged 93% year to date. The decline suggests the late-2025 surge in AI-agent payments may have been driven primarily by testing rather than sustained demand, challenging near-term monetization expectations. x402 settlement volume report
• Negative Sentiment: Valuation and insider selling create downside risks. Cloudflare trades at a demanding valuation while remaining GAAP-unprofitable. Director John Graham-Cumming sold 2,520 shares under a pre-arranged Rule 10b5-1 plan, although he retained nearly 495,000 shares. Cloudflare director stock sale

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.