Two Sigma Securities LLC Has $1.14 Million Stock Position in Cloudflare, Inc. $NET

Two Sigma Securities LLC lifted its position in shares of Cloudflare, Inc. (NYSE:NET) by 170.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,630 shares of the company’s stock after acquiring an additional 2,918 shares during the quarter. Two Sigma Securities LLC’s holdings in Cloudflare were worth $1,136,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. HM Payson & Co. bought a new position in Cloudflare in the fourth quarter valued at about $25,000. Wiser Advisor Group LLC bought a new stake in Cloudflare during the 3rd quarter worth about $26,000. C M Bidwell & Associates Ltd. bought a new stake in Cloudflare during the 2nd quarter worth about $30,000. Wexford Capital LP bought a new stake in Cloudflare during the 3rd quarter worth about $30,000. Finally, CX Institutional lifted its position in Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analyst Ratings Changes

NET has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research note on Friday, July 17th. Robert W. Baird set a $330.00 price target on shares of Cloudflare in a research note on Friday, August 7th. Raymond James Financial began coverage on shares of Cloudflare in a report on Tuesday, July 7th. They issued a “strong-buy” rating on the stock. Wells Fargo & Company raised their price objective on shares of Cloudflare from $300.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Finally, Stifel Nicolaus set a $260.00 target price on shares of Cloudflare in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $320.19.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, Director John Graham-Cumming sold 2,520 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $303.97, for a total transaction of $766,004.40. Following the sale, the director directly owned 494,909 shares in the company, valued at approximately $150,437,488.73. This trade represents a 0.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Janel Riley sold 3,481 shares of Cloudflare stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $305.26, for a total transaction of $1,062,610.06. Following the completion of the transaction, the chief accounting officer directly owned 41,547 shares in the company, valued at approximately $12,682,637.22. The trade was a 7.73% 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. Insiders sold 640,531 shares of company stock worth $168,474,753 in the last quarter. Company insiders own 10.66% of the company’s stock.

Cloudflare Stock Performance

NET stock opened at $306.30 on Tuesday. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $332.22. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.22. The firm has a market cap of $108.27 billion, a PE ratio of -528.10, a P/E/G ratio of 184.12 and a beta of 1.65. The business’s 50-day moving average price is $276.18 and its two-hundred day moving average price is $232.91.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The company had revenue of $696.06 million for the quarter, compared to analyst estimates of $664.66 million. During the same quarter last year, the firm posted $0.21 earnings per share. Cloudflare’s revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. As a group, research analysts forecast that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

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.