Cloudflare, Inc. $NET Shares Sold by Archon Partners LLC

Archon Partners LLC reduced its position in Cloudflare, Inc. (NYSE:NET) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,000 shares of the company’s stock after selling 5,000 shares during the quarter. Archon Partners LLC’s holdings in Cloudflare were worth $9,858,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. HM Payson & Co. acquired a new position in Cloudflare in the 4th quarter valued at about $25,000. Wiser Advisor Group LLC acquired a new position in Cloudflare in the 3rd quarter valued at about $26,000. Wexford Capital LP acquired a new position in Cloudflare in the 3rd quarter valued at about $30,000. Ameriflex Group Inc. grew its position in Cloudflare by 105.6% in the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock valued at $32,000 after acquiring an additional 76 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Cloudflare by 55.4% in 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 in the last quarter. 82.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on NET shares. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Stifel Nicolaus set a $260.00 target price on Cloudflare in a report on Friday, May 8th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $136.00 target price on shares of Cloudflare in a report on Wednesday, June 10th. Citizens Jmp reiterated a “market outperform” rating and issued a $270.00 target price on shares of Cloudflare in a report on Monday. Finally, KeyCorp reiterated an “overweight” rating on shares of Cloudflare in a report on Wednesday, June 10th. Twenty-one analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $241.35.

Insiders Place Their Bets

In other news, CFO Thomas J. Seifert sold 10,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $232.39, for a total value of $2,323,900.00. Following the sale, the chief financial officer directly owned 116,733 shares in the company, valued at approximately $27,127,581.87. This trade represents a 7.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Katrin Suder sold 293 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $252.92, for a total transaction of $74,105.56. Following the completion of the transaction, the director owned 37,430 shares in the company, valued at $9,466,795.60. This represents a 0.78% decrease in their ownership of the stock. 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 three months, insiders sold 410,195 shares of company stock worth $86,581,825. 10.66% of the stock is currently owned by insiders.

Cloudflare Price Performance

Shares of NET opened at $228.07 on Thursday. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $276.82. The firm’s fifty day simple moving average is $217.30 and its 200-day simple moving average is $202.45. The firm has a market capitalization of $80.62 billion, a price-to-earnings ratio of -912.28, a PEG ratio of 411.56 and a beta of 1.70. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET) last announced its quarterly earnings data 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 net margin of 3.72% and a negative return on equity of 5.65%. The business had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same period last year, the business earned $0.16 EPS. The company’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. Equities analysts forecast that Cloudflare, Inc. will post 0.01 EPS for the current fiscal year.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a new Cloudflare One Design Partner Designation to help select global partners accelerate secure AI and SASE adoption, reinforcing demand for its enterprise security platform and supporting its long-term growth narrative.
• Positive Sentiment: Analyst and investor interest remains constructive, with Cloudflare highlighted as one of the more watched generative AI software names and previously supported by bullish analyst ratings and price targets.
• Neutral Sentiment: A third-party announcement about Spur’s no-code Cloudflare integration added ecosystem visibility, but it does not appear to materially change Cloudflare’s fundamentals.
• Neutral Sentiment: JLens urged shareholders to withhold votes on two directors ahead of the June 30 annual meeting, creating a governance headline that could keep some investors cautious.
• Negative Sentiment: Cloudflare CFO Thomas J. Seifert sold 10,000 shares under a pre-arranged trading plan, and Director John Graham-Cumming also sold shares, which may pressure sentiment even though the sales were routine and relatively small versus their holdings.
• Negative Sentiment: Shares have also been weaker than the broader market in the latest sessions, suggesting some profit-taking after a strong run and leaving the stock sensitive to any negative headlines.

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.