Diversify Wealth Management LLC Has $1.88 Million Stock Position in Cloudflare, Inc. $NET

Diversify Wealth Management LLC raised its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 51.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,850 shares of the company’s stock after acquiring an additional 2,999 shares during the quarter. Diversify Wealth Management LLC’s holdings in Cloudflare were worth $1,876,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HM Payson & Co. acquired a new position in Cloudflare during the fourth quarter worth $25,000. Wiser Advisor Group LLC bought a new position in Cloudflare in the third quarter valued at $26,000. Wexford Capital LP acquired a new stake in Cloudflare in the 3rd quarter valued at $30,000. Brown Brothers Harriman & Co. increased its stake 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 buying an additional 56 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new stake in Cloudflare during the 4th quarter worth about $35,000. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NET. Jefferies Financial Group downgraded shares of Cloudflare from a “buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Mizuho lifted their target price on Cloudflare from $235.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Scotiabank upgraded Cloudflare from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $225.00 to $300.00 in a report on Tuesday, July 7th. Benchmark cut Cloudflare to an “underperform” rating in a research report on Tuesday, July 7th. Finally, Guggenheim restated a “sell” rating and issued a $140.00 price target on shares of Cloudflare in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare currently has an average rating of “Moderate Buy” and a consensus price target of $249.81.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare shares are getting a boost from heightened cybersecurity demand after U.S. and international agencies warned about Russian state-sponsored threats targeting critical infrastructure, which can increase interest in cloud security names like NET. Cloudflare (NET) Stock Is Up, What You Need To Know
• Positive Sentiment: Analysts remain constructive ahead of earnings, with TD Cowen reportedly raising its price target on Cloudflare to $300 from $250 while keeping a Buy rating, signaling continued confidence in revenue growth. Cloudflare Draws Fresh Price Target Hikes Ahead Of Earnings — Analysts See Another 30% Growth Quarter
• Positive Sentiment: Cloudflare also launched Precursor, a new behavioral bot-detection tool, reinforcing its product pipeline and its ability to monetize security and performance upgrades. Cloudflare Introduces Precursor; One-Click Behavioral Defense Against Modern Bots
• Neutral Sentiment: The company announced it will report second-quarter 2026 results on August 6, keeping attention focused on upcoming earnings but not changing fundamentals by itself. Cloudflare Announces Date of Second Quarter 2026 Financial Results
• Neutral Sentiment: Cloudflare continues to attract strong investor attention, with recent articles highlighting its prior stock run and elevated search interest, but these are more a reflection of momentum than a new catalyst. Cloudflare (NET): 3 Reasons We Love This Stock

Insider Activity at Cloudflare

In related news, insider Michelle Zatlyn sold 35,080 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the transaction, the insider directly owned 47,425 shares of the company’s stock, valued at approximately $10,148,001.50. The trade was a 42.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,422 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $249.09, for a total value of $13,057,795.98. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 626,185 shares of company stock valued at $139,810,855 over the last quarter. 10.66% of the stock is currently owned by corporate insiders.

Cloudflare Trading Up 4.5%

Shares of NYSE:NET opened at $281.71 on Wednesday. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $284.63. 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 company has a market capitalization of $99.58 billion, a P/E ratio of -1,126.83, a price-to-earnings-growth ratio of 274.71 and a beta of 1.67. The company has a 50-day simple moving average of $233.93 and a 200 day simple moving average of $208.47.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $639.75 million for the quarter, compared to the consensus estimate 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 was up 33.5% compared to the same quarter last year. During the same quarter 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. Sell-side analysts forecast that Cloudflare, Inc. will post 0.02 earnings per share for the current year.

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.