Rooted Wealth Advisors Inc. Purchases New Position in Cloudflare, Inc. $NET

Rooted Wealth Advisors Inc. purchased a new stake in Cloudflare, Inc. (NYSE:NET) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,080 shares of the company’s stock, valued at approximately $607,000.

Several other institutional investors and hedge funds have also recently modified their holdings of NET. Physician Wealth Advisors Inc. increased its stake in shares of Cloudflare by 693.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 104 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare in the 3rd quarter valued at about $26,000. Westside Investment Management Inc. increased its stake in shares of Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares in the last quarter. Wexford Capital LP purchased a new position in shares of Cloudflare in the 3rd quarter valued at about $30,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Cloudflare in the 3rd quarter valued at about $31,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Wall Street Analyst Weigh In

NET has been the subject of several recent analyst reports. TD Cowen restated a “buy” rating on shares of Cloudflare in a research note on Tuesday, January 27th. Stifel Nicolaus set a $260.00 price target on Cloudflare in a research note on Friday, May 8th. Guggenheim lifted their price target on Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research note on Monday, April 20th. Finally, Mizuho lowered their price objective on Cloudflare from $255.00 to $235.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Eighteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $236.68.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, a move that strengthens its position in AI infrastructure and could open a new growth avenue for its platform. Cloudflare (NET) Stock Trades Up, Here Is Why
• Positive Sentiment: Coverage highlighting Cloudflare as a beneficiary of the AI and big-data buildout is supporting investor optimism and reinforcing the company’s long-term growth narrative. Why Cloudflare Russell 1000 Momentum Is Rising?
• Neutral Sentiment: The latest earnings report was solid, with Cloudflare beating both EPS and revenue estimates, but investors are still balancing strong growth against ongoing losses and a premium valuation.
• Negative Sentiment: Recent insider sales by CEO Matthew Prince, CAO Janel Riley, and CFO Thomas J. Seifert may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans and do not necessarily signal a change in outlook.

Insider Activity at Cloudflare

In other news, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $173.78, for a total transaction of $9,103,291.52. Following the transaction, the chief executive officer directly owned 22,911 shares in the company, valued at $3,981,473.58. The trade was a 69.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $189.50, for a total value of $4,858,969.50. Following the transaction, the insider owned 34,514 shares in the company, valued at approximately $6,540,403. This represents a 42.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 629,909 shares of company stock worth $126,752,185. Insiders own 10.89% of the company’s stock.

Cloudflare Trading Up 0.0%

Shares of Cloudflare stock opened at $216.24 on Monday. The stock has a market cap of $76.43 billion, a P/E ratio of -864.96 and a beta of 1.67. The stock’s 50 day simple moving average is $207.69 and its 200-day simple moving average is $199.01. Cloudflare, Inc. has a 1-year low of $154.93 and a 1-year high of $260.00. 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 (NYSE:NET) last issued its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $639.76 million for the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

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.