Redhawk Wealth Advisors Inc. Makes New $1.76 Million Investment in Cloudflare, Inc. $NET

Redhawk Wealth Advisors Inc. acquired a new position in shares of Cloudflare, Inc. (NYSE:NET) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,161 shares of the company’s stock, valued at approximately $1,756,000.

Other large investors have also recently made changes to their positions in the company. Lingotto Investment Management LLP purchased a new position in shares of Cloudflare in the fourth quarter worth about $34,626,000. Jupiter Asset Management Ltd. boosted its position in Cloudflare by 1,984.7% in the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock valued at $38,979,000 after buying an additional 188,226 shares during the last quarter. Trek Financial LLC purchased a new stake in Cloudflare in the fourth quarter valued at approximately $1,793,000. Pictet Asset Management Holding SA increased its holdings in Cloudflare by 17.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock worth $284,900,000 after buying an additional 206,506 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new position in Cloudflare in the 4th quarter worth approximately $5,543,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Matthew Prince sold 33,631 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $296.10, for a total value of $9,958,139.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Carl Ledbetter sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $281.98, for a total value of $1,409,900.00. Following the transaction, the director owned 883,073 shares in the company, valued at $249,008,924.54. This represents a 0.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 749,532 shares of company stock valued at $183,882,628 over the last quarter. Insiders own 10.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and set a $389.00 price target on shares of Cloudflare in a research report on Friday. Citigroup increased their price objective on shares of Cloudflare from $265.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday. KeyCorp raised their target price on shares of Cloudflare from $300.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday. New Street Research restated a “market outperform” rating on shares of Cloudflare in a research report on Monday, June 15th. Finally, Scotiabank upped their price target on shares of Cloudflare from $300.00 to $390.00 and gave the company an “outperform” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $320.19.

Cloudflare Stock Performance

Shares of NYSE NET opened at $309.98 on Tuesday. The company has a market capitalization of $109.57 billion, a PE ratio of -534.45, a price-to-earnings-growth ratio of 207.29 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.82 and a current ratio of 1.82. The company’s fifty day moving average price is $257.82 and its 200 day moving average price is $220.02. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $324.73.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $696.06 million during the quarter, compared to analysts’ expectations of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.21 earnings per share. On average, research analysts predict that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Strong growth and raised outlook: Cloudflare reported second-quarter revenue of $696.1 million, up 35.9% year over year, and adjusted EPS of $0.29 versus the $0.27 consensus estimate. Management also raised its third-quarter and full-year 2026 revenue outlook, supporting the case for continued growth. Susquehanna hikes price target on Cloudflare after Q2 results
• Positive Sentiment: AI opportunity is attracting investors: Cloudflare is positioning its network, developer platform and security tools as infrastructure for AI agents. New offerings include Cloudflare OS, an identity-aware AI Gateway, AI governance tools, an AEO Visibility Dashboard and Cloudflare Wallets. The strategy has prompted several analysts to raise their price targets, while Ark Invest’s Cathie Wood argued that Wall Street may be underestimating the company’s AI potential. Cloudflare expands its AI agent platform
• Positive Sentiment: Government-contract opportunity expanded: Cloudflare for Government received FedRAMP High certification and GovRAMP Moderate authorization. These approvals could improve its ability to sell security, performance, AI and developer services to federal, state and local governments and other highly regulated organizations. Cloudflare achieves FedRAMP High authorization
• Neutral Sentiment: Speculative SpaceX connection: Elon Musk reportedly reviewed a Cloudflare proposal addressing AI-related traffic challenges for Starlink, but no partnership or commercial agreement has been announced. Potential SpaceX-Cloudflare partnership
• Negative Sentiment: Financing and insider-sale concerns: Cloudflare proposed a $2.175 billion offering of convertible senior notes due 2031, increasing financial obligations and potentially creating future share dilution. Separately, the CFO sold approximately $16.5 million of stock. Susquehanna raised its target to $300 but retained a neutral rating, implying limited upside at the prevailing valuation. Cloudflare announces proposed convertible-note offering

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.