Motley Fool Asset Management LLC Acquires 8,586 Shares of Cloudflare, Inc. $NET

Motley Fool Asset Management LLC raised its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 35.7% in the fourth quarter, HoldingsChannel reports. The firm owned 32,638 shares of the company’s stock after buying an additional 8,586 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Cloudflare were worth $6,435,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position 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 3rd quarter worth approximately $30,000. Ameriflex Group Inc. raised its position in shares of Cloudflare by 105.6% in the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Cloudflare by 55.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new position in shares of Cloudflare in the 4th quarter worth approximately $35,000. Institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Down 4.8%

NET stock opened at $235.88 on Wednesday. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $276.82. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The firm has a market cap of $83.38 billion, a PE ratio of -943.50, a price-to-earnings-growth ratio of 4,156.04 and a beta of 1.70. The business has a 50 day moving average of $214.74 and a 200 day moving average of $201.01.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates 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 $639.76 million during the quarter, compared to analyst estimates of $620.83 million. During the same quarter last year, the company earned $0.16 EPS. The firm’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

In other news, insider Michelle Zatlyn sold 35,080 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $213.98, for a total value of $7,506,418.40. Following the transaction, the insider owned 47,425 shares in the company, valued at approximately $10,148,001.50. This represents a 42.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,384 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $210.02, for a total transaction of $11,001,687.68. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 527,784 shares of company stock valued at $111,803,817. 10.89% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group reissued a “neutral” rating and issued a $220.00 target price on shares of Cloudflare in a research report on Wednesday, February 11th. BTIG Research reissued a “buy” rating and issued a $243.00 target price on shares of Cloudflare in a research report on Friday, May 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cloudflare in a research report on Monday, April 20th. The Goldman Sachs Group lowered Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Finally, Stifel Nicolaus set a $260.00 target price on Cloudflare in a research report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Cloudflare presently has a consensus rating of “Moderate Buy” and an average target price of $239.08.

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.