Aigen Investment Management LP Has $1.44 Million Stock Holdings in Cloudflare, Inc. $NET

Aigen Investment Management LP grew its stake in shares of Cloudflare, Inc. (NYSE:NET) by 133.6% during the 4th quarter, Holdings Channel reports. The firm owned 7,305 shares of the company’s stock after buying an additional 4,178 shares during the period. Aigen Investment Management LP’s holdings in Cloudflare were worth $1,440,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new stake in Cloudflare in the 3rd quarter valued at $26,000. HM Payson & Co. bought a new stake in shares of Cloudflare during the 4th quarter valued at $25,000. Wexford Capital LP bought a new stake in shares of Cloudflare during the 3rd quarter worth $30,000. Ameriflex Group Inc. lifted its position in shares of Cloudflare by 105.6% during the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after buying an additional 76 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Cloudflare by 55.4% in the 3rd 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. 82.68% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $211.83, for a total value of $5,431,533.03. Following the sale, the insider directly owned 47,425 shares in the company, valued at $10,046,037.75. The trade was a 35.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Katrin Suder sold 293 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $252.92, for a total value of $74,105.56. Following the completion of the sale, the director owned 37,430 shares in the company, valued at approximately $9,466,795.60. The trade was a 0.78% decrease in their ownership of the stock. 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 527,784 shares of company stock valued at $111,803,817 in the last ninety days. 10.89% of the stock is owned by corporate insiders.

Key Stories Impacting Cloudflare

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 Stock Up 0.2%

NET stock opened at $227.91 on Friday. The stock’s 50 day moving average is $216.10 and its 200-day moving average is $201.68. The firm has a market capitalization of $80.56 billion, a PE ratio of -911.62, a P/E/G ratio of 774.17 and a beta of 1.70. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $276.82. 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 issued its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.Cloudflare’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same period last year, the company posted $0.16 earnings per share. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. Sell-side analysts expect that Cloudflare, Inc. will post 0.01 EPS for the current fiscal year.

Analysts Set New Price Targets

NET has been the subject of several research reports. Truist Financial increased their target price on Cloudflare from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. Mizuho raised their price objective on Cloudflare from $235.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research report on Monday, April 20th. Piper Sandler reaffirmed an “overweight” rating on shares of Cloudflare in a research note on Wednesday. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Cloudflare in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $241.35.

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.