MUFG Securities EMEA plc Invests $14.49 Million in Cloudflare, Inc. $NET

MUFG Securities EMEA plc bought a new position in shares of Cloudflare, Inc. (NYSE:NET) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 73,514 shares of the company’s stock, valued at approximately $14,493,000.

Other institutional investors have also modified their holdings of the company. Physician Wealth Advisors Inc. increased its position in shares of Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 104 shares during the period. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare during the third quarter worth approximately $26,000. Westside Investment Management Inc. increased its position in shares of Cloudflare by 100.0% during the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after acquiring an additional 65 shares during the period. Wexford Capital LP purchased a new position in shares of Cloudflare during the third quarter worth approximately $30,000. Finally, Ameriflex Group Inc. increased its position in shares of Cloudflare by 105.6% during the third quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after acquiring an additional 76 shares during the period. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare Stock Performance

Shares of NET stock opened at $241.82 on Friday. The company’s 50 day moving average is $208.57 and its 200 day moving average is $198.97. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $260.00. The firm has a market cap of $85.48 billion, a price-to-earnings ratio of -967.27 and a beta of 1.67.

Cloudflare (NYSE:NET) last released its quarterly earnings results 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. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s revenue for the quarter 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.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction on Monday, March 16th. The shares were sold at an average price of $209.08, for a total value of $10,952,446.72. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michelle Zatlyn sold 35,080 shares of Cloudflare stock in a transaction 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 completion of the transaction, the insider directly owned 47,425 shares in the company, valued at $10,148,001.50. This represents a 42.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 585,862 shares of company stock worth $121,988,011 over the last ninety days. Corporate insiders own 10.89% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. The Goldman Sachs Group lowered shares of Cloudflare from a “buy” rating to a “sell” rating in a report on Wednesday, April 15th. UBS Group reissued a “neutral” rating and set a $220.00 price objective on shares of Cloudflare in a report on Wednesday, February 11th. Guggenheim lifted their price objective on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a report on Wednesday, February 11th. Wells Fargo & Company lifted their price objective on shares of Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Finally, DZ Bank raised shares of Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a report on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.