Sanctuary Advisors LLC Sells 3,352 Shares of Cloudflare, Inc. $NET

Sanctuary Advisors LLC lessened its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 9.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,212 shares of the company’s stock after selling 3,352 shares during the quarter. Sanctuary Advisors LLC’s holdings in Cloudflare were worth $6,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

More Cloudflare News

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

Cloudflare Stock Performance

NYSE:NET opened at $277.84 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $291.00. The stock’s 50 day simple moving average is $236.36 and its two-hundred day simple moving average is $209.95. The company has a market cap of $98.21 billion, a price-to-earnings ratio of -1,111.37, a PEG ratio of 283.00 and a beta of 1.67.

Cloudflare (NYSE:NET) last posted its earnings results on Thursday, May 7th. The company reported $0.25 EPS 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 firm had revenue of $639.75 million during the quarter, compared to the consensus estimate of $620.83 million. During the same period in the prior year, the company earned $0.16 EPS. The company’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. As a group, equities analysts anticipate that Cloudflare, Inc. will post 0.02 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other Cloudflare news, Director John Graham-Cumming sold 2,520 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $247.28, for a total transaction of $623,145.60. Following the completion of the transaction, the director owned 494,909 shares in the company, valued at $122,381,097.52. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,383 shares of Cloudflare stock in a transaction on Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $12,953,268.24. 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 616,185 shares of company stock valued at $137,831,055 over the last quarter. 10.66% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NET. Wells Fargo & Company initiated coverage on Cloudflare in a research report on Tuesday, July 7th. They set a “neutral” rating on the stock. KeyCorp reissued an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Stifel Nicolaus set a $260.00 target price on shares of Cloudflare in a research note on Friday, May 8th. BTIG Research lifted their price target on shares of Cloudflare from $269.00 to $314.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Jefferies Financial Group lowered shares of Cloudflare from a “buy” rating to a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $253.41.

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.