Argos Wealth Advisors LLC Invests $632,000 in Cloudflare, Inc. $NET

Argos Wealth Advisors LLC acquired a new position in shares of Cloudflare, Inc. (NYSE:NET) in the fourth quarter, HoldingsChannel reports. The fund acquired 3,208 shares of the company’s stock, valued at approximately $632,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NET. Rakuten Investment Management Inc. purchased a new stake in Cloudflare in the 3rd quarter worth approximately $138,660,000. Allianz Asset Management GmbH lifted its position in Cloudflare by 322.4% in the 3rd quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock worth $13,987,000 after buying an additional 49,749 shares in the last quarter. National Pension Service lifted its position in Cloudflare by 1.0% in the 3rd quarter. National Pension Service now owns 618,662 shares of the company’s stock worth $132,759,000 after buying an additional 5,939 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Cloudflare by 25.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after buying an additional 336,768 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Cloudflare by 20.1% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 170,186 shares of the company’s stock worth $36,520,000 after buying an additional 28,495 shares in the last quarter. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Piper Sandler restated an “overweight” rating and set a $250.00 price target (up from $222.00) on shares of Cloudflare in a report on Friday. Mizuho cut their price target on shares of Cloudflare from $255.00 to $235.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Wells Fargo & Company raised their price target on shares of Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Needham & Company LLC dropped 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, February 11th. Finally, Zacks Research upgraded shares of Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $236.68.

Insider Buying and Selling at Cloudflare

In related news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $209.15, for a total transaction of $5,362,815.15. Following the completion of the transaction, the insider owned 34,514 shares in the company, valued at approximately $7,218,603.10. The trade was a 42.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $221.58, for a total transaction of $558,381.60. Following the transaction, the director owned 494,067 shares of the company’s stock, valued at approximately $109,475,365.86. This represents a 0.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 636,246 shares of company stock valued at $125,320,379 over the last 90 days. Company insiders own 10.89% of the company’s stock.

Cloudflare Price Performance

Shares of Cloudflare stock opened at $187.23 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.98 and a current ratio of 1.96. The firm’s 50-day simple moving average is $206.07 and its 200-day simple moving average is $200.42. Cloudflare, Inc. has a twelve month low of $143.00 and a twelve month high of $260.00. The firm has a market cap of $65.90 billion, a P/E ratio of -748.92 and a beta of 1.67.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the business earned $0.16 earnings per share. The company’s revenue for the quarter was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, research analysts expect that Cloudflare, Inc. will post -0.1 EPS for the current fiscal year.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare reported Q1 revenue of $639.8 million, up 33.5% year over year and above Wall Street expectations, while non-GAAP EPS of $0.25 also beat estimates. Management also guided next quarter revenue near $664.5 million, which was close to analyst forecasts. NET Q1 Deep Dive: AI-Driven Growth Fuels Restructuring Amidst Market Caution
• Positive Sentiment: Susquehanna raised its price target on Cloudflare to $200 from $190 after the earnings beat, signaling that at least some analysts see more upside despite the recent pullback. Cloudflare Just Hit the AI-First Reset Button: Susquehanna Hikes Price Target to $200
• Neutral Sentiment: Cloudflare remains a heavily discussed stock, with multiple articles focusing on analyst ratings and investor interest rather than new fundamental developments. Cloudflare, Inc. (NET) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Wall Street analyst coverage remains favorable on average, but the coverage itself appears to be the subject of debate rather than a fresh catalyst for the stock. Wall Street Analysts Think Cloudflare (NET) Is a Good Investment: Is It?
• Negative Sentiment: Investor sentiment has been weighed down by reports of a major restructuring and roughly 20% job cuts, with executives tying the changes to an AI-first operating model. Cloudflare stock plunges amid 20% job cuts. Executives are blaming AI

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.