Cloudflare, Inc. $NET Shares Newly Acquired by MBL Wealth LLC

MBL Wealth LLC purchased a new position in shares of Cloudflare, Inc. (NYSE:NET) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,443 shares of the company’s stock, valued at approximately $1,543,000.

A number of other institutional investors also recently made changes to their positions in the stock. Jennison Associates LLC boosted its holdings in shares of Cloudflare by 135.8% in the first quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock valued at $906,758,000 after acquiring an additional 2,530,872 shares in the last quarter. Swedbank AB raised its holdings in Cloudflare by 697.5% during the first quarter. Swedbank AB now owns 927,606 shares of the company’s stock worth $191,402,000 after purchasing an additional 811,297 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in Cloudflare during the second quarter worth approximately $75,595,000. USS Investment Management Ltd raised its holdings in Cloudflare by 452.3% during the first quarter. USS Investment Management Ltd now owns 296,322 shares of the company’s stock worth $61,156,000 after purchasing an additional 242,668 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in Cloudflare by 17.6% in the first quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock worth $284,900,000 after purchasing an additional 206,506 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cloudflare news, CEO Matthew Prince sold 52,383 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $283.42, for a total value of $14,846,389.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas Seifert sold 55,000 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total value of $16,516,500.00. Following the sale, the chief financial officer owned 113,790 shares of the company’s stock, valued at $34,171,137. This trade represents a 32.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 476,339 shares of company stock worth $143,439,267. 10.66% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NET shares. Truist Financial upped their target price on Cloudflare from $300.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Zacks Research cut Cloudflare from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 14th. Royal Bank Of Canada lifted their price target on Cloudflare from $290.00 to $346.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Oppenheimer boosted their price objective on Cloudflare from $380.00 to $430.00 and gave the stock an “outperform” rating in a research note on Friday, October 9th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $340.00 price objective on shares of Cloudflare in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, Cloudflare currently has an average rating of “Moderate Buy” and a consensus price target of $330.59.

Cloudflare Stock Performance

Shares of NET opened at $304.39 on Friday. The firm’s 50 day moving average is $318.34 and its 200-day moving average is $267.07. The stock has a market capitalization of $107.59 billion, a P/E ratio of -524.81, a P/E/G ratio of 244.34 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. Cloudflare, Inc. has a 12-month low of $158.83 and a 12-month high of $370.35.

Cloudflare (NYSE:NET) last released its earnings results on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The business had revenue of $696.06 million for the quarter, compared to the consensus estimate of $664.66 million. During the same period in the previous year, the firm earned $0.21 EPS. The business’s revenue for the quarter was up 35.9% on a year-over-year basis. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Equities research analysts anticipate that Cloudflare, Inc. will post 0.03 EPS for the current fiscal year.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare reported millions of attempted exploits targeting newly disclosed PHP vulnerabilities, which reportedly affect a large portion of websites. The activity highlights demand for Cloudflare’s web application security, threat intelligence and protective services, supporting the broader cybersecurity sector. Cloudflare sees millions of exploit attempts after PHP disclosure
• Positive Sentiment: Brown Advisory described accelerating growth at Cloudflare in its third-quarter investor letter, reinforcing the bullish view that the company can benefit from expanding AI infrastructure and enterprise security spending. Brown Advisory Sees Accelerating Growth at Cloudflare
• Positive Sentiment: A bullish analysis argues that Cloudflare is positioned to provide user verification, bot management and security infrastructure as AI agents increasingly automate online activity. The company’s expanded Cloudflare OS integrations could also improve adoption among large enterprises. Cloudflare: Even AI Will Have To Pay The Door Fee – Strong Buy
• Neutral Sentiment: Cloudflare’s latest quarterly results were stronger than expected, with revenue up 35.9% year over year and earnings exceeding consensus. However, the stock’s very high valuation means investors may require continued rapid growth and improving profitability to support further gains.
• Negative Sentiment: One analysis cautions that the AI-agent opportunity may be overstated, while separate commentary points to workforce reductions and declining gross margins. These concerns raise questions about the quality and durability of Cloudflare’s growth. Wall Street Breakfast Podcast: PHP Flaws Set Off Cyber Alarm
• Negative Sentiment: Two insiders recently sold shares, adding a modest sentiment headwind, while prior market volatility and the stock’s elevated valuation continue to make NET vulnerable to profit-taking.

Cloudflare Profile

Cloudflare, Inc (NYSE: NET) provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

The company’s offerings include content delivery and authoritative domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.