Global Retirement Partners LLC Has $1 Million Holdings in Cloudflare, Inc. $NET

Global Retirement Partners LLC boosted its holdings in Cloudflare, Inc. (NYSE:NET) by 206.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,079 shares of the company’s stock after purchasing an additional 3,422 shares during the quarter. Global Retirement Partners LLC’s holdings in Cloudflare were worth $1,001,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Leonteq Securities AG acquired a new stake in Cloudflare during the fourth quarter worth approximately $1,611,000. ABN Amro Investment Solutions increased its position in shares of Cloudflare by 245.2% in the fourth quarter. ABN Amro Investment Solutions now owns 15,803 shares of the company’s stock worth $3,116,000 after purchasing an additional 11,225 shares during the period. Reliant Investment Partners LLC raised its stake in Cloudflare by 1.8% in the fourth quarter. Reliant Investment Partners LLC now owns 3,377 shares of the company’s stock valued at $666,000 after purchasing an additional 61 shares in the last quarter. IFP Advisors Inc lifted its position in Cloudflare by 6.7% during the fourth quarter. IFP Advisors Inc now owns 2,511 shares of the company’s stock worth $495,000 after purchasing an additional 158 shares during the period. Finally, Intrust Bank NA bought a new position in Cloudflare in the 4th quarter valued at about $217,000. 82.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. KeyCorp cut Cloudflare from an “overweight” rating to a “hold” rating in a research note on Wednesday, April 15th. New Street Research set a $140.00 price objective on Cloudflare in a research note on Wednesday, February 11th. BTIG Research reissued a “buy” rating and set a $243.00 target price on shares of Cloudflare in a research note on Friday, May 8th. Wolfe Research restated a “peer perform” rating on shares of Cloudflare in a research note on Monday, January 26th. Finally, UBS Group reiterated a “neutral” rating and set a $220.00 price objective on shares of Cloudflare in a research report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $236.68.

Cloudflare Stock Up 0.0%

NYSE:NET opened at $216.24 on Tuesday. Cloudflare, Inc. has a one year low of $154.93 and a one year high of $260.00. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96. The company has a market cap of $76.43 billion, a PE ratio of -864.96 and a beta of 1.67. The firm’s 50 day simple moving average is $207.77 and its 200 day simple moving average is $198.90.

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. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The company had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same quarter in the previous year, the business earned $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.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, Director Carl Ledbetter sold 15,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $238.12, for a total transaction of $3,571,800.00. Following the completion of the sale, the director owned 908,073 shares of the company’s stock, valued at approximately $216,230,342.76. This represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Janel Riley sold 3,481 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $193.32, for a total transaction of $672,946.92. Following the sale, the chief accounting officer directly owned 49,163 shares of the company’s stock, valued at $9,504,191.16. This represents a 6.61% 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 three months, insiders have sold 577,525 shares of company stock worth $118,153,351. Company insiders own 10.89% of the company’s stock.

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.