Regal Partners Ltd Raises Stock Holdings in Cloudflare, Inc. $NET

Regal Partners Ltd boosted its stake in shares of Cloudflare, Inc. (NYSE:NET) by 405.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,584 shares of the company’s stock after purchasing an additional 6,084 shares during the quarter. Regal Partners Ltd’s holdings in Cloudflare were worth $1,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NET. Lingotto Investment Management LLP acquired a new stake in Cloudflare in the fourth quarter valued at approximately $34,626,000. Trek Financial LLC acquired a new position in shares of Cloudflare during the fourth quarter worth $1,793,000. Jupiter Asset Management Ltd. increased its position in shares of Cloudflare by 1,984.7% during the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock worth $38,979,000 after purchasing an additional 188,226 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Cloudflare by 25.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock valued at $323,259,000 after purchasing an additional 336,768 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of Cloudflare by 17.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock valued at $284,900,000 after purchasing an additional 206,506 shares during the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Insider Activity at Cloudflare

In other Cloudflare news, Director John Graham-Cumming sold 2,520 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $623,145.60. Following the sale, the director owned 494,909 shares in the company, valued at approximately $122,381,097.52. The trade was a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark J. Hawkins sold 133 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $249.00, for a total value of $33,117.00. Following the completion of the transaction, the director directly owned 10,765 shares in the company, valued at $2,680,485. This represents a 1.22% decrease in their ownership of the stock. 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 have sold a total of 554,912 shares of company stock worth $125,199,636 in the last quarter. 10.66% of the stock is owned by insiders.

Cloudflare Trading Down 0.2%

NYSE:NET opened at $265.06 on Wednesday. Cloudflare, Inc. has a 12 month low of $158.83 and a 12 month high of $291.00. The firm has a fifty day simple moving average of $246.18 and a 200-day simple moving average of $213.39. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $93.69 billion, a P/E ratio of -1,060.23, a PEG ratio of 205.09 and a beta of 1.67.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating 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 $639.75 million for the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s quarterly revenue was up 33.5% compared to the same quarter last year. 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, equities research analysts anticipate that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NET shares. Benchmark downgraded Cloudflare to an “underperform” rating in a research note on Tuesday, July 7th. Barclays upped their target price on Cloudflare from $250.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Citizens Jmp raised their price target on Cloudflare from $270.00 to $330.00 and gave the stock a “market outperform” rating in a report on Monday, July 20th. Piper Sandler reissued an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Finally, UBS Group boosted their price target on Cloudflare from $220.00 to $250.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and an average target price of $261.19.

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.