Wealthfront Advisers LLC Trims Stake in Cloudflare, Inc. $NET

Wealthfront Advisers LLC lowered its position in Cloudflare, Inc. (NYSE:NET) by 12.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,423 shares of the company’s stock after selling 4,515 shares during the period. Wealthfront Advisers LLC’s holdings in Cloudflare were worth $6,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Wiser Advisor Group LLC bought a new position in shares of Cloudflare during the third quarter valued at approximately $26,000. HM Payson & Co. purchased a new stake in shares of Cloudflare in the fourth quarter worth approximately $25,000. Wexford Capital LP bought a new stake in shares of Cloudflare during the 3rd quarter worth approximately $30,000. Brown Brothers Harriman & Co. boosted its holdings in Cloudflare by 55.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after acquiring an additional 56 shares during the period. Finally, Rachor Investment Advisory Services LLC purchased a new position in Cloudflare during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Up 2.0%

Shares of NYSE:NET opened at $277.84 on Friday. The business’s 50 day moving average is $236.36 and its 200 day moving average is $209.95. The stock has a market cap of $98.21 billion, a P/E ratio of -1,111.37, a price-to-earnings-growth ratio of 283.00 and a beta of 1.67. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $291.00. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET) last issued its earnings results 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 return on equity of 5.65% and a negative net margin of 3.72%.The business had revenue of $639.75 million during the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the company posted $0.16 EPS. Cloudflare’s revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. Sell-side analysts predict that Cloudflare, Inc. will post 0.02 EPS for the current year.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Morgan Stanley raised its price target on Cloudflare from $305 to $322 and reiterated an overweight rating, signaling stronger confidence in the company’s upside. This kind of analyst upgrade can help support the stock. Morgan Stanley price target increase on Cloudflare
• Positive Sentiment: Cloudflare launched Precursor, a new bot-management product designed to detect sophisticated automated attacks in real time. The launch reinforces the company’s cybersecurity and privacy narrative, which is a key driver of investor optimism. Cloudflare launches Precursor
• Positive Sentiment: Recent commentary continues to highlight Cloudflare as a beneficiary of rising demand for cybersecurity and AI infrastructure, and the stock has also been mentioned favorably in momentum-stock and “best cybersecurity stocks” roundups. Cloudflare momentum stock article
• Neutral Sentiment: Other recent articles emphasize Cloudflare’s strong three-year run and rising fair-value estimates, but also note that the shares already trade at a rich valuation. That may limit near-term upside if growth does not keep accelerating. Cloudflare valuation article
• Neutral Sentiment: The stock also got a “gains as market dips” mention, reflecting relative strength versus the broader market rather than a company-specific catalyst. Cloudflare gains as market dips article

Insider Buying and Selling at Cloudflare

In related news, insider Michelle Zatlyn sold 35,080 shares of Cloudflare stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $213.98, for a total value of $7,506,418.40. Following the completion of the sale, the insider directly owned 47,425 shares in the company, valued at $10,148,001.50. The trade was a 42.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,422 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $249.09, for a total transaction of $13,057,795.98. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 616,185 shares of company stock worth $137,831,055. Insiders own 10.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Benchmark lowered Cloudflare to an “underperform” rating in a research note on Tuesday, July 7th. Raymond James Financial initiated coverage on shares of Cloudflare in a research note on Tuesday, July 7th. They set a “strong-buy” rating for the company. Royal Bank Of Canada restated an “outperform” rating and issued a $290.00 price target on shares of Cloudflare in a report on Thursday. Truist Financial raised their price target on shares of Cloudflare from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Finally, BTIG Research lifted their price objective on shares of Cloudflare from $269.00 to $314.00 and gave the company a “buy” rating in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.41.

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.