Cloudflare, Inc. $NET Shares Newly Acquired by MBL Wealth LLC

Posted by Brian Himes on Oct 23rd, 2026

MBL Wealth LLC bought a new position in Cloudflare, Inc. (NYSE:NET – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,443 shares of the company’s stock, valued at approximately $1,543,000.

Several other institutional investors have also made changes to their positions in the company. GK Wealth Management LLC purchased a new position in shares of Cloudflare in the third quarter worth approximately $25,000. Toth Financial Advisory Corp acquired a new stake in shares of Cloudflare during the third quarter valued at approximately $36,000. Cornerstone Financial Management LLC lifted its position in shares of Cloudflare by 65.3% in the 2nd quarter. Cornerstone Financial Management LLC now owns 119 shares of the company’s stock valued at $29,000 after acquiring an additional 47 shares in the last quarter. C M Bidwell & Associates Ltd. purchased a new stake in shares of Cloudflare in the 2nd quarter valued at approximately $30,000. Finally, CX Institutional lifted its position in shares of Cloudflare by 49.4% in the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after acquiring an additional 44 shares in the last quarter. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare Trading Down 0.9%

NYSE:NET opened at $304.39 on Friday. The stock has a market cap of $107.59 billion, a PE ratio of -524.81, a price-to-earnings-growth ratio of 244.34 and a beta of 1.65. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $370.35. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The stock’s 50-day moving average is $318.34 and its two-hundred day moving average is $267.07.

Cloudflare (NYSE:NET – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $696.06 million during the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm’s revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. As a group, equities research analysts forecast that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other Cloudflare news, CFO Thomas J. Seifert sold 55,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total value of $16,516,500.00. Following the completion of the sale, the chief financial officer owned 113,790 shares in the company, valued at $34,171,137. This represents a 32.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 33,003 shares of Cloudflare stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $294.63, for a total transaction of $9,723,673.89. Following the sale, the insider directly owned 69,775 shares of the company’s stock, valued at $20,557,808.25. This trade represents a 32.11% 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. Over the last three months, insiders have sold 476,339 shares of company stock valued at $143,439,267. Corporate insiders own 10.66% of the company’s stock.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

Positive Sentiment: Cloudflare reported millions of attempted exploits targeting newly disclosed PHP vulnerabilities, which reportedly affect a large portion of websites. The activity highlights demand for Cloudflare’s web application security, threat intelligence and protective services, supporting the broader cybersecurity sector. Cloudflare sees millions of exploit attempts after PHP disclosure
Positive Sentiment: Brown Advisory described accelerating growth at Cloudflare in its third-quarter investor letter, reinforcing the bullish view that the company can benefit from expanding AI infrastructure and enterprise security spending. Brown Advisory Sees Accelerating Growth at Cloudflare
Positive Sentiment: A bullish analysis argues that Cloudflare is positioned to provide user verification, bot management and security infrastructure as AI agents increasingly automate online activity. The company’s expanded Cloudflare OS integrations could also improve adoption among large enterprises. Cloudflare: Even AI Will Have To Pay The Door Fee – Strong Buy
Neutral Sentiment: Cloudflare’s latest quarterly results were stronger than expected, with revenue up 35.9% year over year and earnings exceeding consensus. However, the stock’s very high valuation means investors may require continued rapid growth and improving profitability to support further gains.
Negative Sentiment: One analysis cautions that the AI-agent opportunity may be overstated, while separate commentary points to workforce reductions and declining gross margins. These concerns raise questions about the quality and durability of Cloudflare’s growth. Wall Street Breakfast Podcast: PHP Flaws Set Off Cyber Alarm
Negative Sentiment: Two insiders recently sold shares, adding a modest sentiment headwind, while prior market volatility and the stock’s elevated valuation continue to make NET vulnerable to profit-taking.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NET shares. TD Cowen raised their price objective on shares of Cloudflare from $355.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, October 13th. Truist Financial boosted their target price on shares of Cloudflare from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Oppenheimer boosted their target price on shares of Cloudflare from $380.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Scotiabank increased their target price on Cloudflare from $300.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $389.00 target price on shares of Cloudflare in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Cloudflare presently has a consensus rating of “Moderate Buy” and a consensus price target of $330.59.

Check Out Our Latest Report on Cloudflare

About Cloudflare

(Free Report)

Cloudflare, Inc (NYSE: NET) provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

The company’s offerings include content delivery and authoritative domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.