Wealthfront Advisers LLC Acquires 4,261 Shares of Cloudflare, Inc. $NET

Wealthfront Advisers LLC raised its stake in shares of Cloudflare, Inc. (NYSE:NET) by 13.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,264 shares of the company’s stock after acquiring an additional 4,261 shares during the quarter. Wealthfront Advisers LLC’s holdings in Cloudflare were worth $7,567,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in NET. Reliant Investment Partners LLC lifted its stake in shares of Cloudflare by 1.5% during the 3rd quarter. Reliant Investment Partners LLC now owns 3,316 shares of the company’s stock worth $718,000 after purchasing an additional 50 shares during the last quarter. Daymark Wealth Partners LLC raised its holdings in Cloudflare by 1.1% in the second quarter. Daymark Wealth Partners LLC now owns 4,556 shares of the company’s stock worth $892,000 after purchasing an additional 51 shares in the last quarter. Frank Rimerman Advisors LLC lifted its position in shares of Cloudflare by 1.8% during the third quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock valued at $605,000 after buying an additional 51 shares during the last quarter. Huntington National Bank lifted its position in shares of Cloudflare by 22.8% during the second quarter. Huntington National Bank now owns 280 shares of the company’s stock valued at $55,000 after buying an additional 52 shares during the last quarter. Finally, Fiduciary Planning LLC boosted its holdings in shares of Cloudflare by 3.0% in the 2nd quarter. Fiduciary Planning LLC now owns 1,854 shares of the company’s stock valued at $363,000 after buying an additional 54 shares in the last quarter. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cloudflare news, CFO Thomas J. Seifert sold 10,000 shares of Cloudflare stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $178.37, for a total transaction of $1,783,700.00. Following the completion of the transaction, the chief financial officer owned 137,486 shares in the company, valued at approximately $24,523,377.82. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Carl Ledbetter sold 15,000 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $211.16, for a total value of $3,167,400.00. Following the completion of the transaction, the director directly owned 953,073 shares of the company’s stock, valued at approximately $201,250,894.68. This trade represents a 1.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 633,347 shares of company stock worth $124,873,834. Company insiders own 10.89% of the company’s stock.

Wall Street Analyst Weigh In

NET has been the subject of several recent analyst reports. Piper Sandler boosted their price objective on shares of Cloudflare from $220.00 to $222.00 and gave the stock a “neutral” rating in a research note on Wednesday. Susquehanna boosted their target price on Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Argus increased their price target on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Scotiabank lowered their price target on Cloudflare from $255.00 to $225.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, JMP Securities set a $270.00 price target on Cloudflare in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.21.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat — Cloudflare reported EPS $0.28 vs. $0.27 expected and revenue $614.5M (+33.6% YoY), with management highlighting record ACV and strong RPO/cRPO growth, supporting near-term momentum. Business Wire: Q4 results
• Positive Sentiment: Bullish guidance — Company set a ~ $2.795B 2026 revenue target and forecasted Q1/FY sales above Street estimates, signaling management confidence that AI-driven traffic will lift demand. Reuters: Guidance and AI demand
• Positive Sentiment: AI agent narrative amplifies growth thesis — Coverage and management point to rising agentic traffic (e.g., Moltbot) that increases demand for Cloudflare’s networking/security stack, creating a reinforcing revenue loop. CNBC: AI agent wave
• Positive Sentiment: Analyst upgrades/target lifts — Robert W. Baird upgraded NET to Strong Buy with a $260 target; Wells Fargo and Barclays also raised targets (Wells to $270, Barclays to $250), adding credibility to upside expectations. Zacks: Baird upgrade
• Neutral Sentiment: Mixed analyst reactions — Some firms reiterated neutral ratings or trimmed targets (e.g., Cantor Fitzgerald kept a neutral $224 target), reflecting differing views on valuation despite the beat. Street Insider: Cantor Fitzgerald
• Neutral Sentiment: Some PT trims amid mixed debate — Needham lowered a target (from $285 to $250) but maintained a buy rating, signaling cautious optimism. Benzinga: Needham PT change
• Negative Sentiment: Insider selling — Director John Graham‑Cumming sold 2,520 shares (small relative to his stake); such filings can introduce short-term caution among some investors. SEC: Form 4
• Negative Sentiment: Institutional trimming — Alfreton Capital cut its position sharply (~55%), indicating some profit-taking after the rally. DefenseWorld: Alfreton selling
• Negative Sentiment: Selective target cuts — Scotiabank trimmed its PT to $225, a reminder that valuation and margin pressure (higher R&D/marketing) remain near-term risks. TickerReport: Scotiabank PT cut

Cloudflare Stock Up 5.4%

Shares of NET stock opened at $189.72 on Thursday. The stock’s 50-day simple moving average is $190.74 and its 200-day simple moving average is $204.92. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market capitalization of $66.45 billion, a PE ratio of -654.17, a P/E/G ratio of 156.00 and a beta of 1.97. Cloudflare, Inc. has a fifty-two week low of $89.42 and a fifty-two week high of $260.00.

Cloudflare (NYSE:NET) last released its earnings results on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The firm had revenue of $614.51 million during the quarter, compared to the consensus estimate of $591.67 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue was up 33.6% compared to the same quarter last year. Equities analysts expect that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

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.