Rooted Wealth Advisors Inc. Acquires New Shares in Cloudflare, Inc. $NET

Rooted Wealth Advisors Inc. acquired a new stake in Cloudflare, Inc. (NYSE:NET) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,080 shares of the company’s stock, valued at approximately $607,000.

Other large investors have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. lifted its holdings in Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 104 shares during the last quarter. Wiser Advisor Group LLC acquired a new position in Cloudflare in the third quarter valued at approximately $26,000. Westside Investment Management Inc. lifted its holdings in Cloudflare by 100.0% in the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares during the last quarter. Wexford Capital LP acquired a new position in Cloudflare in the third quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC acquired a new position in Cloudflare in the third quarter valued at approximately $31,000. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cloudflare

In other news, CAO Janel Riley sold 3,481 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $193.32, for a total transaction of $672,946.92. Following the sale, the chief accounting officer owned 49,163 shares of the company’s stock, valued at approximately $9,504,191.16. This represents a 6.61% decrease in their ownership of the stock. 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 52,384 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $210.66, for a total value of $11,035,213.44. Following the sale, the chief executive officer directly owned 25,550 shares in the company, valued at $5,382,363. This represents a 67.22% 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. In the last ninety days, insiders have sold 629,909 shares of company stock valued at $126,752,185. Insiders own 10.89% of the company’s stock.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, a move that strengthens its position in AI infrastructure and could open a new growth avenue for its platform. Cloudflare (NET) Stock Trades Up, Here Is Why
• Positive Sentiment: Coverage highlighting Cloudflare as a beneficiary of the AI and big-data buildout is supporting investor optimism and reinforcing the company’s long-term growth narrative. Why Cloudflare Russell 1000 Momentum Is Rising?
• Neutral Sentiment: The latest earnings report was solid, with Cloudflare beating both EPS and revenue estimates, but investors are still balancing strong growth against ongoing losses and a premium valuation.
• Negative Sentiment: Recent insider sales by CEO Matthew Prince, CAO Janel Riley, and CFO Thomas J. Seifert may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans and do not necessarily signal a change in outlook.

Cloudflare Stock Up 0.0%

NYSE:NET opened at $216.24 on Monday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock’s fifty day moving average is $207.69 and its two-hundred day moving average is $199.01. Cloudflare, Inc. has a 52 week low of $154.93 and a 52 week high of $260.00. The stock has a market capitalization of $76.43 billion, a price-to-earnings ratio of -864.96 and a beta of 1.67.

Cloudflare (NYSE:NET) last posted its quarterly earnings data 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. 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 for the quarter, compared to analyst estimates of $620.83 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. The company’s revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NET. Wolfe Research reiterated a “peer perform” rating on shares of Cloudflare in a report on Monday, January 26th. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Barclays upped their price objective on Cloudflare from $235.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Needham & Company LLC decreased their price objective on Cloudflare from $285.00 to $250.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Wells Fargo & Company upped their price objective on Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Cloudflare currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.68.

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.