Jefferies Financial Group Inc. Grows Stock Holdings in Cloudflare, Inc. $NET

Jefferies Financial Group Inc. grew its holdings in Cloudflare, Inc. (NYSE:NET) by 1,141.2% during the fourth quarter, HoldingsChannel reports. The firm owned 38,255 shares of the company’s stock after acquiring an additional 35,173 shares during the period. Jefferies Financial Group Inc.’s holdings in Cloudflare were worth $7,542,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Allianz Asset Management GmbH increased its position in Cloudflare by 322.4% during the third quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock worth $13,987,000 after purchasing an additional 49,749 shares during the last quarter. National Pension Service increased its position in Cloudflare by 1.0% during the third quarter. National Pension Service now owns 618,662 shares of the company’s stock worth $132,759,000 after purchasing an additional 5,939 shares during the last quarter. Trek Financial LLC acquired a new stake in Cloudflare during the fourth quarter worth about $1,793,000. Massachusetts Financial Services Co. MA increased its position in Cloudflare by 25.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after purchasing an additional 336,768 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Cloudflare by 275.6% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 37,072 shares of the company’s stock valued at $7,348,000 after acquiring an additional 27,202 shares during the last quarter. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare Stock Up 0.0%

Shares of Cloudflare stock opened at $216.24 on Tuesday. Cloudflare, Inc. has a 52-week low of $154.93 and a 52-week high of $260.00. The company has a 50 day moving average of $207.77 and a 200 day moving average of $198.90. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $76.43 billion, a P/E ratio of -864.96 and a beta of 1.67.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The company’s revenue was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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.

Insiders Place Their Bets

In other news, insider Michelle Zatlyn sold 25,641 shares of Cloudflare stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $189.50, for a total value of $4,858,969.50. Following the transaction, the insider directly owned 34,514 shares of the company’s stock, valued at $6,540,403. The trade was a 42.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $173.78, for a total transaction of $9,103,291.52. Following the completion of the transaction, the chief executive officer directly owned 22,911 shares in the company, valued at $3,981,473.58. This represents a 69.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 577,525 shares of company stock worth $118,153,351 over the last ninety days. Corporate insiders own 10.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NET. Scotiabank dropped their price target on shares of Cloudflare from $255.00 to $225.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 11th. Guggenheim lifted their price target on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Cantor Fitzgerald reiterated a “neutral” rating and set a $224.00 price target on shares of Cloudflare in a research report on Wednesday, February 11th. DZ Bank upgraded shares of Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a research report on Friday, February 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a research report on Monday, April 20th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $236.68.

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.