4,123 Cloudflare, Inc. $NET Shares Sold by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. decreased its position in Cloudflare, Inc. (NYSE:NET) by 16.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,301 shares of the company’s stock after selling 4,123 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Cloudflare were worth $7,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 71 West Capital Partners increased its holdings in shares of Cloudflare by 14.4% in the third quarter. 71 West Capital Partners now owns 1,158 shares of the company’s stock valued at $402,000 after purchasing an additional 146 shares during the period. AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of Cloudflare by 23.0% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 237,582 shares of the company’s stock worth $82,507,000 after purchasing an additional 44,354 shares during the period. Gryphon Financial Partners LLC acquired a new stake in shares of Cloudflare during the third quarter worth about $249,000. Kestra Investment Management LLC boosted its position in Cloudflare by 34.2% in the third quarter. Kestra Investment Management LLC now owns 2,216 shares of the company’s stock valued at $769,000 after buying an additional 565 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its position in Cloudflare by 79.1% in the third quarter. AlphaCore Capital LLC now owns 3,601 shares of the company’s stock valued at $1,251,000 after buying an additional 1,590 shares during the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Activity at Cloudflare

In related news, Director Carl Ledbetter sold 5,000 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $312.22, for a total transaction of $1,561,100.00. Following the sale, the director owned 878,073 shares in the company, valued at approximately $274,151,952.06. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 12,500 shares of the firm’s stock in a transaction on Monday, October 19th. The shares were sold at an average price of $299.59, for a total transaction of $3,744,875.00. Following the sale, the chief financial officer owned 104,958 shares in the company, valued at approximately $31,444,367.22. This represents a 10.64% decrease in their position. 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 sold a total of 256,537 shares of company stock worth $78,750,901 in the last three months. Company insiders own 10.66% of the company’s stock.

Cloudflare Stock Performance

Shares of NET stock opened at $295.56 on Tuesday. The stock has a market cap of $104.47 billion, a PE ratio of -434.64, a price-to-earnings-growth ratio of 206.44 and a beta of 1.37. The business has a 50-day simple moving average of $318.15 and a 200-day simple moving average of $250.39. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22. Cloudflare, Inc. has a 52-week low of $158.83 and a 52-week high of $370.35.

Cloudflare (NYSE:NET) last issued its earnings results on Thursday, November 5th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. The firm had revenue of $782.51 million for the quarter, compared to the consensus estimate of $737.16 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%. The company’s revenue was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 earnings per share. On average, equities analysts expect that Cloudflare, Inc. will post 0.03 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NET shares. DZ Bank downgraded shares of Cloudflare from a “strong-buy” rating to a “strong sell” rating in a report on Friday, August 7th. Raymond James Financial cut shares of Cloudflare from a “strong-buy” rating to an “underperform” rating in a research note on Tuesday, November 3rd. Zacks Research raised shares of Cloudflare from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 3rd. Wells Fargo & Company increased their price objective on shares of Cloudflare from $380.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Finally, BTIG Research increased their price objective on shares of Cloudflare from $382.00 to $413.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Twenty-five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $335.33.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q3 revenue rose 39.2% year over year to $782.5 million, beating expectations, while non-GAAP EPS of $0.38 also topped consensus. The company’s next-quarter revenue forecast was above analysts’ estimates, and management raised its 2026 outlook. NET Q3 2026 deep dive
• Positive Sentiment: Management cited strength in developer and security demand, including AI-related usage, and moved its target for GAAP profitability forward to Q4 2026. That could reassure investors that growth may translate into improved earnings. Cloudflare Q3 earnings call
• Neutral Sentiment: Analyst actions were mixed: Wolfe Research upgraded Cloudflare to Outperform, while Scotiabank, Needham and Cantor Fitzgerald lowered price targets. The differing views underscore uncertainty about how much of the strong outlook is already reflected in the shares. Wolfe Research upgrade Scotiabank price target
• Negative Sentiment: Reports flagged a growing margin challenge even as revenue growth accelerated. Cloudflare’s high valuation may also leave the stock vulnerable if growth or progress toward profitability disappoints. Cloudflare’s best quarter ever hit with a growing margin challenge Cloudflare sell-off and valuation

Cloudflare Company Profile

Cloudflare, Inc provides cloud-based services that help businesses and other organizations protect, connect and improve the performance of websites, applications and networks. Its global network delivers services including content delivery, domain name system management, and protection against distributed denial-of-service attacks and other cyber threats.

The company also offers web application security, bot management and Zero Trust services for securing access to applications and internal networks.