Capital International Inc. CA Has $24.76 Million Stock Holdings in Cloudflare, Inc. $NET

Capital International Inc. CA decreased its holdings in Cloudflare, Inc. (NYSE:NET) by 12.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 125,597 shares of the company’s stock after selling 17,053 shares during the period. Capital International Inc. CA’s holdings in Cloudflare were worth $24,761,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NET. Wiser Advisor Group LLC acquired a new position in shares of Cloudflare in the 3rd quarter valued at $26,000. Wexford Capital LP acquired a new position in shares of Cloudflare in the 3rd quarter valued at $30,000. Ameriflex Group Inc. raised its stake in shares of Cloudflare by 105.6% in the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock valued at $32,000 after buying an additional 76 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Cloudflare by 55.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after buying an additional 56 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC acquired a new position in shares of Cloudflare in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Activity

In other Cloudflare news, CFO Thomas J. Seifert sold 10,000 shares of the 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 sale, the chief financial officer owned 212,014 shares of the company’s stock, valued at $42,532,128.54. This represents a 4.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $216.15, for a total transaction of $3,510,924.45. Following the sale, the insider directly owned 118,395 shares in the company, valued at approximately $25,591,079.25. This represents a 12.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 527,491 shares of company stock worth $111,729,711. 10.89% of the stock is currently owned by insiders.

Cloudflare Stock Up 0.1%

NET opened at $250.35 on Monday. The firm’s 50-day simple moving average is $213.32 and its 200-day simple moving average is $200.36. 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 twelve month low of $158.83 and a twelve month high of $276.82. The firm has a market cap of $88.49 billion, a price-to-earnings ratio of -1,001.40, a PEG ratio of 4,194.92 and a beta of 1.70.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same quarter in the prior year, the firm earned $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.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $260.00 price objective on shares of Cloudflare in a research note on Friday, May 8th. Citigroup began coverage on shares of Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating on the stock. Jefferies Financial Group began coverage on shares of Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating on the stock. Robert W. Baird set a $260.00 target price on shares of Cloudflare and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Finally, Susquehanna upped their target price on shares of Cloudflare from $190.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $239.08.

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.