Cloudflare, Inc. $NET Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its stake in Cloudflare, Inc. (NYSE:NET) by 6.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 80,100 shares of the company’s stock after acquiring an additional 5,149 shares during the quarter. Quantinno Capital Management LP’s holdings in Cloudflare were worth $16,528,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NET. HM Payson & Co. bought a new stake in shares of Cloudflare during the 4th quarter worth about $25,000. Wiser Advisor Group LLC acquired a new stake in shares of Cloudflare in the 3rd quarter worth approximately $26,000. Wexford Capital LP bought a new position in shares of Cloudflare in the third quarter valued at approximately $30,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Cloudflare by 55.4% in the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after acquiring an additional 56 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC acquired a new position in shares of Cloudflare during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Activity at Cloudflare

In other news, Director Mark J. Hawkins sold 133 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $249.00, for a total transaction of $33,117.00. Following the sale, the director directly owned 10,765 shares of the company’s stock, valued at $2,680,485. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $247.28, for a total value of $623,145.60. Following the completion of the transaction, the director owned 494,909 shares of the company’s stock, valued at $122,381,097.52. This trade represents a 0.51% 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 sold 547,250 shares of company stock valued at $123,532,067 over the last ninety days. Company insiders own 10.66% of the company’s stock.

Cloudflare Trading Up 0.1%

Shares of NYSE:NET opened at $279.18 on Monday. 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 capitalization of $98.68 billion, a price-to-earnings ratio of -1,116.70, a PEG ratio of 215.41 and a beta of 1.67. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $293.80. The company has a 50 day moving average price of $250.08 and a 200 day moving average price of $215.35.

Cloudflare (NYSE:NET) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company had revenue of $639.75 million for the quarter, compared to analysts’ expectations of $620.83 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. The firm’s revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, research analysts anticipate that Cloudflare, Inc. will post 0.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NET has been the topic of several recent analyst reports. Zacks Research raised Cloudflare from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Wells Fargo & Company lifted their price target on Cloudflare from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Guggenheim reissued a “sell” rating and issued a $140.00 price objective on shares of Cloudflare in a research note on Wednesday, June 10th. Barclays upped their price objective on Cloudflare from $250.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Morgan Stanley raised their target price on Cloudflare from $305.00 to $322.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $262.00.

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.