Vestor Capital LLC Has $55,000 Stake in Cloudflare, Inc. $NET

Vestor Capital LLC reduced its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 99.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 265 shares of the company’s stock after selling 58,082 shares during the quarter. Vestor Capital LLC’s holdings in Cloudflare were worth $55,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in NET. HM Payson & Co. acquired a new stake in Cloudflare during the 4th quarter valued at $25,000. Wiser Advisor Group LLC bought a new position in Cloudflare during the third quarter worth $26,000. Wexford Capital LP acquired a new position in shares of Cloudflare in the third quarter valued at $30,000. Brown Brothers Harriman & Co. increased its holdings in shares of Cloudflare by 55.4% in the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new position in shares of Cloudflare in the fourth quarter valued at about $35,000. 82.68% of the stock is owned by institutional investors and hedge funds.

Cloudflare Trading Down 1.5%

NET stock opened at $279.18 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The company’s 50-day simple moving average is $250.08 and its 200 day simple moving average is $215.15. Cloudflare, Inc. has a 52 week low of $158.83 and a 52 week high of $293.80. The company has a market capitalization of $98.68 billion, a PE ratio of -1,116.70, a price-to-earnings-growth ratio of 215.41 and a beta of 1.67.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $639.75 million during the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business’s revenue was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 EPS. 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, sell-side analysts anticipate that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Insider Activity at Cloudflare

In related news, insider Michelle Zatlyn sold 35,080 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $213.98, for a total value of $7,506,418.40. Following the completion of the sale, the insider directly owned 47,425 shares in the company, valued at approximately $10,148,001.50. The trade was a 42.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,422 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $249.09, for a total value of $13,057,795.98. 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 have sold 549,770 shares of company stock worth $124,090,448 over the last ninety days. Insiders own 10.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NET. Susquehanna raised their target price on shares of Cloudflare from $190.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft raised shares of Cloudflare to a “buy” rating in a report on Tuesday, July 7th. Needham & Company LLC raised their price objective on shares of Cloudflare from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a report on Friday, July 17th. Finally, The Goldman Sachs Group downgraded Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $262.00.

About Cloudflare

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.