Livet Wealth LLC Invests $2.86 Million in Cloudflare, Inc. $NET

Livet Wealth LLC purchased a new position in Cloudflare, Inc. (NYSE:NET) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 14,481 shares of the company’s stock, valued at approximately $2,855,000. Cloudflare accounts for approximately 1.8% of Livet Wealth LLC’s investment portfolio, making the stock its 14th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wiser Advisor Group LLC bought a new position in shares of Cloudflare in the third quarter worth $26,000. HM Payson & Co. bought a new position in shares of Cloudflare in the fourth quarter worth $25,000. Wexford Capital LP bought a new position in shares of Cloudflare in the third quarter worth $30,000. Ameriflex Group Inc. grew its stake in shares of Cloudflare by 105.6% in the third quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after purchasing an additional 76 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in Cloudflare by 55.4% during the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after buying an additional 56 shares in the last quarter. Institutional investors own 82.68% of the company’s stock.

Insider Buying and Selling at Cloudflare

In other news, Director Katrin Suder sold 293 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $252.92, for a total transaction of $74,105.56. Following the completion of the sale, the director directly owned 37,430 shares of the company’s stock, valued at $9,466,795.60. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 10,000 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $200.61, for a total value of $2,006,100.00. Following the sale, the chief financial officer directly owned 212,014 shares of the company’s stock, valued at approximately $42,532,128.54. This represents a 4.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 527,784 shares of company stock valued at $111,803,817 over the last 90 days. 10.89% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NET. KeyCorp reaffirmed an “overweight” rating on shares of Cloudflare in a research note on Wednesday. Barclays reaffirmed an “overweight” rating and set a $250.00 target price on shares of Cloudflare in a research note on Monday, June 1st. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $136.00 target price on shares of Cloudflare in a research note on Wednesday. BTIG Research raised their target price on Cloudflare from $243.00 to $269.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Citigroup began coverage on Cloudflare in a research note on Wednesday, April 15th. They set a “buy” rating for the company. Twenty investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $241.35.

Cloudflare Trading Up 0.2%

Shares of NET stock opened at $227.91 on Friday. The stock has a 50-day simple moving average of $216.10 and a 200 day simple moving average of $201.68. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $276.82. The stock has a market capitalization of $80.56 billion, a P/E ratio of -911.62, a P/E/G ratio of 770.64 and a beta of 1.70. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The business had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. During the same period in the prior year, the business posted $0.16 earnings per share. Cloudflare’s revenue 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. On average, sell-side analysts expect that Cloudflare, Inc. will post 0.01 earnings per share for the current fiscal year.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Truist Financial raised its price target on Cloudflare to $250 from $225 and reiterated a buy rating, implying further upside from current levels. Truist raises Cloudflare price target
• Positive Sentiment: Morgan Stanley also sharply increased its Cloudflare price target, adding to the bullish analyst backdrop and reinforcing the view that expectations for the company are improving. Morgan Stanley raises Cloudflare price target
• Positive Sentiment: Barclays kept a buy rating on Cloudflare, while other reports noted Wall Street’s overall average recommendation remains equivalent to a Buy, supporting investor confidence in the stock. Barclays keeps buy rating on Cloudflare
• Positive Sentiment: Zacks said Cloudflare may be well poised for a surge because of solid earnings estimate revisions, which often signals improving fundamentals and stronger near-term sentiment. Zacks says Cloudflare may surge
• Neutral Sentiment: Jim Cramer commented that Cloudflare’s long-term direction looks “pretty fabulous,” but also noted the stock has been volatile, making the takeaway more of a commentary on long-term prospects than a direct catalyst. Jim Cramer comments on Cloudflare
• Negative Sentiment: One report flagged a new sell recommendation for Cloudflare, suggesting some analysts remain cautious despite the broader bullish tone. Cloudflare new sell recommendation

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.