Altshuler Shaham Ltd Raises Stock Holdings in Cloudflare, Inc. $NET

Altshuler Shaham Ltd increased its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 262.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,671 shares of the company’s stock after buying an additional 2,659 shares during the quarter. Altshuler Shaham Ltd’s holdings in Cloudflare were worth $724,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NET. HM Payson & Co. purchased a new position in Cloudflare during the fourth quarter worth about $25,000. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare in the 3rd quarter worth about $26,000. Wexford Capital LP purchased a new position in shares of Cloudflare in the 3rd quarter worth about $30,000. Ameriflex Group Inc. raised its holdings 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 purchasing an additional 76 shares during the period. Finally, Brown Brothers Harriman & Co. raised its holdings 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 purchasing an additional 56 shares during the period. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cloudflare

In related news, Director John Graham-Cumming sold 2,520 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $235.95, for a total transaction of $594,594.00. Following the sale, the director directly owned 494,067 shares in the company, valued at approximately $116,575,108.65. This trade represents a 0.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $216.15, for a total value of $3,510,924.45. Following the sale, the insider owned 118,395 shares of the company’s stock, valued at approximately $25,591,079.25. This trade represents a 12.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 410,195 shares of company stock worth $86,581,825. Insiders own 10.66% of the company’s stock.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a new Cloudflare One Design Partner Designation to help select global partners accelerate secure AI and SASE adoption, reinforcing demand for its enterprise security platform and supporting its long-term growth narrative.
• Positive Sentiment: Analyst and investor interest remains constructive, with Cloudflare highlighted as one of the more watched generative AI software names and previously supported by bullish analyst ratings and price targets.
• Neutral Sentiment: A third-party announcement about Spur’s no-code Cloudflare integration added ecosystem visibility, but it does not appear to materially change Cloudflare’s fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, creating a governance headline that could keep some investors cautious.
• Negative Sentiment: Cloudflare CFO Thomas J. Seifert sold 10,000 shares under a pre-arranged trading plan, and Director John Graham-Cumming also sold shares, which may pressure sentiment even though the sales were routine and relatively small versus their holdings.
• Negative Sentiment: Shares have also been weaker than the broader market in the latest sessions, suggesting some profit-taking after a strong run and leaving the stock sensitive to any negative headlines.

Cloudflare Stock Performance

Shares of NYSE:NET opened at $228.07 on Thursday. The company has a market cap of $80.62 billion, a P/E ratio of -912.28, a PEG ratio of 411.56 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. The business’s 50-day simple moving average is $217.30 and its 200 day simple moving average is $202.45.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $639.76 million for the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company’s revenue was up 33.5% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, sell-side analysts forecast that Cloudflare, Inc. will post 0.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Mizuho raised their price objective on Cloudflare from $235.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Truist Financial raised their price objective on Cloudflare from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Citizens Jmp restated a “market outperform” rating and issued a $270.00 price objective on shares of Cloudflare in a report on Monday. Needham & Company LLC raised their price objective on Cloudflare from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Finally, Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Twenty-one equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $241.35.

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.