Cloudflare, Inc. $NET Shares Acquired by Strategic Planning Group LLC

Strategic Planning Group LLC grew its holdings in Cloudflare, Inc. (NYSE:NET) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,158 shares of the company’s stock after acquiring an additional 2,601 shares during the quarter. Strategic Planning Group LLC’s holdings in Cloudflare were worth $8,114,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Reliant Investment Partners LLC boosted its holdings in Cloudflare by 1.5% in the third quarter. Reliant Investment Partners LLC now owns 3,316 shares of the company’s stock worth $718,000 after acquiring an additional 50 shares in the last quarter. Frank Rimerman Advisors LLC raised its stake in shares of Cloudflare by 1.8% in the third quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock worth $605,000 after purchasing an additional 51 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of 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 purchasing an additional 56 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Cloudflare by 5.5% in the fourth quarter. Silver Oak Securities Incorporated now owns 1,090 shares of the company’s stock worth $218,000 after purchasing an additional 57 shares during the last quarter. Finally, Certuity LLC raised its stake in shares of Cloudflare by 1.8% in the fourth quarter. Certuity LLC now owns 3,156 shares of the company’s stock worth $622,000 after purchasing an additional 57 shares during the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Cloudflare Stock Down 1.2%

Cloudflare stock opened at $193.68 on Tuesday. The stock has a market capitalization of $68.17 billion, a PE ratio of -774.72 and a beta of 1.67. Cloudflare, Inc. has a 12 month low of $136.32 and a 12 month high of $260.00. The business has a 50 day simple moving average of $205.76 and a 200-day simple moving average of $200.58. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.98 and a quick ratio of 1.98.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative return on equity of 5.84% and a negative net margin of 3.72%.The business’s revenue was up 33.5% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $209.15, for a total value of $5,362,815.15. Following the completion of the sale, the insider directly owned 34,514 shares in the company, valued at $7,218,603.10. The trade was a 42.62% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $197.98, for a total value of $1,979,800.00. Following the completion of the sale, the chief financial officer owned 221,681 shares of the company’s stock, valued at $43,888,404.38. This trade represents a 4.32% 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. Over the last three months, insiders sold 636,246 shares of company stock valued at $125,320,379. 10.89% of the stock is owned by insiders.

Analyst Ratings Changes

NET has been the subject of several research analyst reports. The Goldman Sachs Group cut Cloudflare from a “buy” rating to a “sell” rating in a research note on Wednesday, April 15th. BTIG Research restated a “buy” rating and issued a $243.00 price objective on shares of Cloudflare in a research note on Friday. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th. New Street Research set a $140.00 price objective on Cloudflare in a research note on Wednesday, February 11th. Finally, UBS Group reissued a “neutral” rating and issued a $220.00 price target on shares of Cloudflare in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $236.68.

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.