4,692 Shares in Cloudflare, Inc. $NET Bought by WD Rutherford LLC

WD Rutherford LLC bought a new stake in shares of Cloudflare, Inc. (NYSE:NET) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,692 shares of the company’s stock, valued at approximately $925,000.

Other institutional investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. raised its holdings in Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares in the last quarter. Wiser Advisor Group LLC bought a new position in Cloudflare during the third quarter valued at about $26,000. Westside Investment Management Inc. raised its holdings in Cloudflare by 100.0% during the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after buying an additional 65 shares in the last quarter. Wexford Capital LP bought a new position in Cloudflare during the third quarter valued at about $30,000. Finally, Cloud Capital Management LLC bought a new position in Cloudflare during the third quarter valued at about $31,000. 82.68% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on NET shares. BTIG Research restated a “buy” rating and set a $243.00 target price on shares of Cloudflare in a report on Friday, May 8th. Susquehanna raised their target price on Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Royal Bank Of Canada raised their target price on Cloudflare from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Wells Fargo & Company lifted their price objective on Cloudflare from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Cloudflare in a research note on Monday, January 26th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $236.68.

Cloudflare Trading Down 0.2%

Cloudflare stock opened at $197.14 on Monday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The business’s 50-day simple moving average is $206.94 and its 200-day simple moving average is $199.92. The firm has a market capitalization of $69.68 billion, a PE ratio of -788.54 and a beta of 1.67. Cloudflare, Inc. has a 52 week low of $152.41 and a 52 week high of $260.00.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The firm’s revenue for the quarter was up 33.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. 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 research analysts forecast that Cloudflare, Inc. will post -0.09 earnings per share for the current year.

Insider Activity at Cloudflare

In other news, Director Mark J. Hawkins sold 133 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $211.62, for a total value of $28,145.46. Following the transaction, the director directly owned 10,189 shares of the company’s stock, valued at $2,156,196.18. The trade was a 1.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Graham-Cumming sold 2,520 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $221.58, for a total value of $558,381.60. Following the completion of the transaction, the director directly owned 494,067 shares in the company, valued at $109,475,365.86. The trade was a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 636,246 shares of company stock valued at $125,320,379. Corporate insiders own 10.89% of the company’s stock.

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.