ARK Investment Management LLC Buys 18,012 Shares of Cloudflare, Inc. $NET

ARK Investment Management LLC grew its stake in shares of Cloudflare, Inc. (NYSE:NET) by 8.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 222,318 shares of the company’s stock after acquiring an additional 18,012 shares during the period. ARK Investment Management LLC’s holdings in Cloudflare were worth $47,707,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Norges Bank purchased a new position in Cloudflare during the 2nd quarter worth $541,462,000. Groupama Asset Managment bought a new position in shares of Cloudflare during the 2nd quarter worth $225,204,000. Vanguard Group Inc. increased its stake in shares of Cloudflare by 2.6% during the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock valued at $6,934,958,000 after buying an additional 821,684 shares during the period. KBC Group NV raised its holdings in shares of Cloudflare by 1,388.7% in the second quarter. KBC Group NV now owns 736,153 shares of the company’s stock valued at $144,161,000 after acquiring an additional 686,702 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in Cloudflare in the third quarter worth about $138,660,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Insider Buying and Selling

In other news, insider Michelle Zatlyn sold 25,641 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $172.76, for a total transaction of $4,429,739.16. Following the completion of the transaction, the insider directly owned 34,514 shares of the company’s stock, valued at $5,962,638.64. This represents a 42.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew Prince sold 52,384 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $173.78, for a total transaction of $9,103,291.52. Following the transaction, the chief executive officer owned 22,911 shares of the company’s stock, valued at $3,981,473.58. This represents a 69.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 555,262 shares of company stock valued at $104,705,441 in the last 90 days. Corporate insiders own 10.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wolfe Research restated a “peer perform” rating on shares of Cloudflare in a report on Monday, January 26th. Barclays upped their target price on Cloudflare from $235.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Argus lifted their price target on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a report on Monday, November 10th. DZ Bank upgraded Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $230.70.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced what it calls the industry’s first full SASE platform with integrated post‑quantum encryption and published a 2026 Threat Intelligence Report showing new, large-scale attacker behaviors; investors view this as validation of Cloudflare One as a strategic growth and differentiation driver in security. Cloudflare’s Quantum Ready SASE And Threat Report Reshape Security Outlook Cloudflare 2026 Threat Intelligence Report
• Positive Sentiment: Cloudflare filed a large shelf registration tied to employee stock plans (~21M Class A shares / US$3.63B cap), which the market interpreted as enabling compensation to attract and retain talent for next‑generation security work — a near-term catalyst for investor optimism about execution on new products. Cloudflare (NET) Is Up 9.2% After Expanding Post-Quantum SASE And Employee Equity Capacity – Has The Bull Case Changed?
• Neutral Sentiment: Management is engaging with investors — Cloudflare presented at the Morgan Stanley TMT conference (transcript available). These events boost transparency and can support multiple quarters of execution but are not immediate revenue drivers. Cloudflare, Inc. (NET) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Wall Street sentiment remains broadly bullish (average analyst rating = Buy). That supports valuation momentum but also means expectations are high; routine analyst coverage pieces are less likely to move the stock materially absent surprises. Is It Worth Investing in Cloudflare (NET) Based on Wall Street’s Bullish Views? Is It Worth Investing in Cloudflare (NET) Based on Wall Street’s Bullish Views?
• Negative Sentiment: Regulatory/legal overhang: reports say CEO Matthew Prince was summoned by a Spanish court in an investigation into illegal soccer broadcasting. This creates near‑term headline risk and could lead to further scrutiny; investors may re‑price governance/legal risk if the situation develops. Cloudflare’s CEO summoned as suspect in Spanish football rights case: report Market Chatter: Cloudflare CEO Summoned by Spanish Court in Investigation Into Illegal Soccer Broadcasting

Cloudflare Stock Up 4.0%

Cloudflare stock opened at $186.06 on Thursday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.98 and a current ratio of 1.98. The business’s 50-day simple moving average is $184.65 and its two-hundred day simple moving average is $202.60. The company has a market cap of $65.17 billion, a PE ratio of -641.56 and a beta of 1.98. Cloudflare, Inc. has a fifty-two week low of $89.42 and a fifty-two week high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The business had revenue of $614.51 million for the quarter, compared to the consensus estimate of $591.67 million. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The business’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. Equities analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current year.

Cloudflare 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.