Mizuho Markets Americas LLC trimmed its stake in Cloudflare, Inc. (NYSE:NET – Free Report) by 53.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 189,751 shares of the company’s stock after selling 215,681 shares during the quarter. Mizuho Markets Americas LLC’s holdings in Cloudflare were worth $37,409,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Cloudflare by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 32,407,646 shares of the company’s stock worth $6,389,167,000 after purchasing an additional 90,397 shares during the period. Invesco Ltd. increased its stake in 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 buying an additional 49,485 shares during the period. Groupama Asset Managment lifted its position in Cloudflare by 82.6% in the 3rd quarter. Groupama Asset Managment now owns 2,100,000 shares of the company’s stock worth $450,639,000 after buying an additional 950,000 shares in the last quarter. Northern Trust Corp lifted its position in Cloudflare by 1.2% in the 3rd quarter. Northern Trust Corp now owns 1,909,120 shares of the company’s stock worth $409,678,000 after buying an additional 21,715 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in shares of Cloudflare by 802.6% during the 4th quarter. Jennison Associates LLC now owns 1,863,612 shares of the company’s stock valued at $367,411,000 after buying an additional 1,657,144 shares during the period. 82.68% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $200.61, for a total transaction of $2,006,100.00. Following the transaction, the chief financial officer owned 212,014 shares in the company, valued at approximately $42,532,128.54. The trade was a 4.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $221.58, for a total transaction of $558,381.60. Following the transaction, the director directly owned 494,067 shares of the company’s stock, valued at $109,475,365.86. This represents a 0.51% 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. Over the last ninety days, insiders sold 655,550 shares of company stock worth $131,181,924. 10.89% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
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Key Cloudflare News
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, a move that strengthens its position in AI infrastructure and could open a new growth avenue for its platform. Cloudflare (NET) Stock Trades Up, Here Is Why
- Positive Sentiment: Coverage highlighting Cloudflare as a beneficiary of the AI and big-data buildout is supporting investor optimism and reinforcing the company’s long-term growth narrative. Why Cloudflare Russell 1000 Momentum Is Rising?
- Neutral Sentiment: The latest earnings report was solid, with Cloudflare beating both EPS and revenue estimates, but investors are still balancing strong growth against ongoing losses and a premium valuation.
- Negative Sentiment: Recent insider sales by CEO Matthew Prince, CAO Janel Riley, and CFO Thomas J. Seifert may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans and do not necessarily signal a change in outlook.
Cloudflare Stock Performance
NYSE:NET opened at $216.24 on Friday. The firm’s fifty day simple moving average is $207.69 and its 200 day simple moving average is $199.35. Cloudflare, Inc. has a 1 year low of $154.93 and a 1 year high of $260.00. The firm has a market capitalization of $76.43 billion, a PE ratio of -864.96 and a beta of 1.67. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29.
Cloudflare (NYSE:NET – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) 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 firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same quarter last year, the firm posted $0.16 EPS. The company’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.
Cloudflare Company 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.
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