Affinity Wealth Management LLC Acquires Shares of 19,921 Cloudflare, Inc. $NET

Affinity Wealth Management LLC bought a new position in shares of Cloudflare, Inc. (NYSE:NET) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,921 shares of the company’s stock, valued at approximately $4,275,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lyell Wealth Management LP boosted its position in shares of Cloudflare by 0.6% in the 3rd quarter. Lyell Wealth Management LP now owns 52,116 shares of the company’s stock worth $11,184,000 after purchasing an additional 293 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in Cloudflare by 450.0% in the third quarter. Ameritas Advisory Services LLC now owns 1,100 shares of the company’s stock valued at $236,000 after buying an additional 900 shares during the period. IMA Advisory Services Inc. lifted its stake in Cloudflare by 23.6% in the third quarter. IMA Advisory Services Inc. now owns 1,235 shares of the company’s stock valued at $265,000 after buying an additional 236 shares during the period. Abich Financial Wealth Management LLC bought a new position in Cloudflare during the third quarter worth about $163,000. Finally, Assetmark Inc. grew its position in shares of Cloudflare by 5.7% during the 3rd quarter. Assetmark Inc. now owns 50,992 shares of the company’s stock worth $10,942,000 after buying an additional 2,746 shares during the period. Institutional investors own 82.68% of the company’s stock.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat — Cloudflare reported revenue of ~$614.5M (+33.6% YoY) and EPS of $0.28, with management highlighting record deal activity, rising RPO/cRPO and improving free cash flow. MSN: Q4 growth
• Positive Sentiment: Revenue guidance topped estimates — management raised FY‑2026 revenue outlook (management cited a figure near $2.795B), signaling confidence in sustained demand and driving the rally. Investing.com: Guidance beats
• Positive Sentiment: AI tailwind — multiple reports and management commentary point to rising “agentic” traffic (e.g., Moltbot) that boosts security, networking and edge services, creating a durable demand cycle. Yahoo: AI deals
• Positive Sentiment: Analyst upgrades and higher targets — several firms upgraded or raised targets (examples include Robert W. Baird to outperform/$260 and DZ Bank to buy/$215), adding conviction to the upside thesis. Finviz: Analyst moves
• Positive Sentiment: Elevated options activity — unusually large call buying (13,474 contracts) suggests short‑term bullish/speculative positioning around the stock.
• Neutral Sentiment: Mixed analyst notes — some firms reaffirm neutral/hold stances (Cantor Fitzgerald) or trimmed PTs modestly while keeping buy ratings, reflecting differing views on valuation vs. growth. Zacks: Analyst roundup
• Neutral Sentiment: Valuation questions persist — coverage pieces and valuation checks note Cloudflare’s rich multiples given ongoing margin/headwind dynamics, so upside depends on continued revenue leverage. Yahoo: Valuation check
• Negative Sentiment: Insider sale disclosed — director John Graham‑Cumming sold 2,520 shares; small relative to his holdings but noted by the market. SEC: Form 4
• Negative Sentiment: Institutional profit‑taking — at least one fund materially trimmed its stake in recent filings, evidence of some near‑term selling pressure amid the rally. DefenseWorld: Institutional trimming
• Negative Sentiment: Some target cuts — a few analysts reduced price targets (e.g., Scotiabank), underscoring uneven short‑term sentiment despite the beat. TickerReport: PT cuts

Insider Transactions at Cloudflare

In other news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $190.05, for a total value of $4,873,072.05. Following the sale, the insider owned 24,555 shares of the company’s stock, valued at $4,666,677.75. The trade was a 51.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Thomas J. Seifert sold 10,000 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $178.37, for a total transaction of $1,783,700.00. Following the transaction, the chief financial officer owned 137,486 shares of the company’s stock, valued at $24,523,377.82. The trade was a 6.78% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 633,347 shares of company stock worth $124,873,834. Corporate insiders own 10.89% of the company’s stock.

Cloudflare Price Performance

Shares of NYSE NET opened at $196.00 on Friday. The company has a fifty day moving average price of $190.27 and a 200 day moving average price of $204.76. The firm has a market cap of $68.66 billion, a PE ratio of -675.84, a PEG ratio of 328.65 and a beta of 1.97. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46. Cloudflare, Inc. has a 1-year low of $89.42 and a 1-year high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $614.51 million for the quarter, compared to the consensus estimate of $591.67 million. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The company’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. Research analysts predict that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

NET has been the topic of a number of analyst reports. Citizens Jmp increased their price target on shares of Cloudflare from $250.00 to $270.00 and gave the company a “market outperform” rating in a research report on Friday, October 31st. Mizuho lowered their target price on shares of Cloudflare from $280.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Needham & Company LLC cut their target price on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating on the stock in a report on Wednesday. Guggenheim lifted their price target on shares of Cloudflare from $117.00 to $140.00 and gave the stock a “sell” rating in a research report on Wednesday. Finally, Barclays boosted their price target on shares of Cloudflare from $235.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $232.11.

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.