Global Retirement Partners LLC Has $1 Million Stock Position in Cloudflare, Inc. $NET

Global Retirement Partners LLC increased its position in shares of Cloudflare, Inc. (NYSE:NET) by 206.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,079 shares of the company’s stock after purchasing an additional 3,422 shares during the period. Global Retirement Partners LLC’s holdings in Cloudflare were worth $1,001,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in NET. Allianz Asset Management GmbH grew its position in shares of Cloudflare by 322.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock valued at $13,987,000 after acquiring an additional 49,749 shares during the period. National Pension Service grew its position in shares of Cloudflare by 1.0% during the 3rd quarter. National Pension Service now owns 618,662 shares of the company’s stock valued at $132,759,000 after acquiring an additional 5,939 shares during the period. Trek Financial LLC bought a new position in shares of Cloudflare during the 4th quarter valued at approximately $1,793,000. Massachusetts Financial Services Co. MA grew its position in shares of Cloudflare by 25.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock valued at $323,259,000 after acquiring an additional 336,768 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich grew its position in shares of Cloudflare by 275.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 37,072 shares of the company’s stock valued at $7,348,000 after acquiring an additional 27,202 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insiders Place Their Bets

In other Cloudflare news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $189.50, for a total value of $4,858,969.50. Following the transaction, the insider owned 34,514 shares in the company, valued at approximately $6,540,403. The trade was a 42.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $173.78, for a total transaction of $9,103,291.52. Following the completion of the transaction, the chief executive officer owned 22,911 shares in the company, valued at $3,981,473.58. The trade was a 69.57% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 577,525 shares of company stock worth $118,153,351. 10.89% of the stock is owned by corporate insiders.

Cloudflare Price Performance

NYSE:NET opened at $216.24 on Tuesday. Cloudflare, Inc. has a 52-week low of $154.93 and a 52-week high of $260.00. 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 firm has a market capitalization of $76.43 billion, a price-to-earnings ratio of -864.96 and a beta of 1.67. The stock has a fifty day moving average of $207.77 and a 200 day moving average of $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, topping analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The company had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. During the same period in the previous year, the firm posted $0.16 EPS. The firm’s revenue was up 33.5% compared to the same quarter last year. 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 Analyst Weigh In

Several research analysts recently commented on the stock. BTIG Research reaffirmed a “buy” rating and issued a $243.00 price objective on shares of Cloudflare in a report on Friday, May 8th. Wolfe Research reaffirmed a “peer perform” rating on shares of Cloudflare in a report on Monday, January 26th. Susquehanna raised their price objective on shares of Cloudflare from $190.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Guggenheim raised their price objective on shares of Cloudflare from $117.00 to $140.00 and gave the stock a “sell” rating in a report on Wednesday, February 11th. Finally, Jefferies Financial Group assumed coverage on shares of Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Cloudflare has an average rating of “Moderate Buy” and a consensus price target of $236.68.

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.