Cloudflare, Inc. $NET Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its stake in shares of Cloudflare, Inc. (NYSE:NET) by 19.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,539 shares of the company’s stock after selling 8,158 shares during the quarter. Hantz Financial Services Inc.’s holdings in Cloudflare were worth $6,612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Cloudflare by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 32,407,646 shares of the company’s stock valued at $6,389,167,000 after purchasing an additional 90,397 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Cloudflare by 1.3% in the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock valued at $850,792,000 after purchasing an additional 49,485 shares during the last quarter. Groupama Asset Managment lifted its stake in shares of Cloudflare by 82.6% in the 3rd quarter. Groupama Asset Managment now owns 2,100,000 shares of the company’s stock valued at $450,639,000 after purchasing an additional 950,000 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Cloudflare by 1.2% in the 3rd quarter. Northern Trust Corp now owns 1,909,120 shares of the company’s stock valued at $409,678,000 after purchasing an additional 21,715 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in shares of Cloudflare by 802.6% in the 4th quarter. Jennison Associates LLC now owns 1,863,612 shares of the company’s stock valued at $367,411,000 after purchasing an additional 1,657,144 shares during the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Cloudflare Price Performance

NET stock opened at $216.24 on Tuesday. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $76.43 billion, a PE ratio of -864.96 and a beta of 1.67. Cloudflare, Inc. has a 12-month low of $154.93 and a 12-month high of $260.00. The business’s fifty day moving average price is $207.77 and its 200 day moving average price is $198.90.

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, 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 company’s quarterly revenue was up 33.5% compared to the same quarter last year. 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.

Wall Street Analysts Forecast Growth

NET has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a research report on Monday, April 20th. The Goldman Sachs Group cut shares of Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Mizuho dropped their price target on shares of Cloudflare from $255.00 to $235.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. New Street Research set a $140.00 price target on shares of Cloudflare in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group initiated coverage on shares of Cloudflare in a research report on Wednesday, April 15th. They set a “buy” rating for the company. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Cloudflare currently has an average rating of “Moderate Buy” and a consensus target price of $236.68.

Insider Transactions at Cloudflare

In related news, Director Carl Ledbetter sold 15,000 shares of the business’s stock in a transaction on 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 sale, the director owned 908,073 shares in the company, valued at approximately $216,230,342.76. The trade was a 1.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $200.61, for a total value of $2,006,100.00. Following the completion of the sale, the chief financial officer owned 212,014 shares in the company, valued at $42,532,128.54. This represents a 4.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 577,525 shares of company stock worth $118,153,351. 10.89% of the stock is owned by corporate insiders.

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.