Cloudflare, Inc. (NYSE:NET – Get Free Report) Director Katrin Suder sold 293 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $252.92, for a total value of $74,105.56. Following the transaction, the director owned 37,430 shares in the company, valued at approximately $9,466,795.60. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Cloudflare Price Performance
NYSE:NET opened at $248.01 on Tuesday. The stock has a 50 day moving average price of $214.09 and a 200 day moving average price of $200.73. The stock has a market cap of $87.67 billion, a PE ratio of -992.06, a P/E/G ratio of 4,194.92 and a beta of 1.70. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. Cloudflare, Inc. has a one year low of $158.83 and a one year high of $276.82.
Cloudflare (NYSE:NET – Get Free Report) last issued its earnings results 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. 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 analysts’ expectations of $620.83 million. During the same period in the prior year, the business earned $0.16 EPS. The firm’s quarterly 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.
Analyst Upgrades and Downgrades
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Institutional Investors Weigh In On Cloudflare
A number of institutional investors have recently modified their holdings of NET. Parallel Advisors LLC raised its holdings in shares of Cloudflare by 8.0% in the 1st quarter. Parallel Advisors LLC now owns 5,510 shares of the company’s stock valued at $1,137,000 after buying an additional 406 shares during the period. Verus Capital Partners LLC grew its position in Cloudflare by 7.5% in the 1st quarter. Verus Capital Partners LLC now owns 1,345 shares of the company’s stock valued at $278,000 after acquiring an additional 94 shares in the last quarter. Essential Partners LLC grew its position in Cloudflare by 14.5% in the 1st quarter. Essential Partners LLC now owns 402 shares of the company’s stock valued at $83,000 after acquiring an additional 51 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of Cloudflare by 583.1% during the first quarter. Janus Henderson Group PLC now owns 241,367 shares of the company’s stock worth $49,805,000 after purchasing an additional 206,032 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its stake in shares of Cloudflare by 4.8% in the first quarter. Centaurus Financial Inc. now owns 1,780 shares of the company’s stock valued at $367,000 after purchasing an additional 82 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.
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.
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