Cloudflare, Inc. $NET Shares Purchased by Swedbank AB

Swedbank AB raised its position in Cloudflare, Inc. (NYSE:NET) by 27.7% during the third quarter, HoldingsChannel reports. The firm owned 43,878 shares of the company’s stock after purchasing an additional 9,527 shares during the period. Swedbank AB’s holdings in Cloudflare were worth $9,416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westfield Capital Management Co. LP acquired a new stake in shares of Cloudflare during the second quarter worth about $87,868,000. Strategy Capital LLC increased its stake in Cloudflare by 4.5% during the 2nd quarter. Strategy Capital LLC now owns 1,165,942 shares of the company’s stock worth $228,326,000 after buying an additional 50,374 shares during the period. Motley Fool Asset Management LLC lifted its holdings in Cloudflare by 10.5% during the 2nd quarter. Motley Fool Asset Management LLC now owns 17,752 shares of the company’s stock worth $3,476,000 after buying an additional 1,691 shares in the last quarter. Vanguard Group Inc. boosted its position in Cloudflare by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 31,495,565 shares of the company’s stock valued at $6,167,776,000 after buying an additional 658,656 shares during the period. Finally, FUKOKU MUTUAL LIFE INSURANCE Co acquired a new position in shares of Cloudflare in the second quarter worth $337,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NET. Argus increased their price objective on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Jefferies Financial Group reissued a “hold” rating and set a $225.00 target price on shares of Cloudflare in a research note on Tuesday, December 16th. UBS Group increased their price target on Cloudflare from $240.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Citigroup lifted their price objective on Cloudflare from $255.00 to $318.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Citizens Jmp boosted their price objective on Cloudflare from $250.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Cloudflare presently has an average rating of “Moderate Buy” and a consensus price target of $234.78.

Insider Transactions at Cloudflare

In other news, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $201.23, for a total value of $10,541,232.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Katrin Suder sold 2,031 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $200.00, for a total value of $406,200.00. Following the transaction, the director owned 37,723 shares in the company, valued at $7,544,600. This represents a 5.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 628,079 shares of company stock valued at $128,603,861 over the last quarter. 10.89% of the stock is owned by corporate insiders.

Cloudflare Stock Performance

Shares of NET opened at $202.56 on Friday. The company has a market capitalization of $70.95 billion, a price-to-earnings ratio of -675.21 and a beta of 1.94. Cloudflare, Inc. has a 52-week low of $89.42 and a 52-week high of $260.00. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The stock has a 50 day moving average price of $210.20 and a 200 day moving average price of $205.41.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The business had revenue of $562.03 million during the quarter, compared to the consensus estimate of $544.65 million. During the same quarter in the previous year, the firm earned $0.20 EPS. The company’s revenue was up 30.7% compared to the same quarter last year. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Research analysts predict that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

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.