Farther Finance Advisors LLC Grows Stock Position in Cloudflare, Inc. $NET

Farther Finance Advisors LLC lifted its holdings in shares of Cloudflare, Inc. (NYSE:NET) by 28.8% during the third quarter, Holdings Channel.com reports. The fund owned 15,558 shares of the company’s stock after acquiring an additional 3,482 shares during the period. Farther Finance Advisors LLC’s holdings in Cloudflare were worth $3,339,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Norges Bank acquired a new stake in Cloudflare in the 2nd quarter worth approximately $541,462,000. Groupama Asset Managment purchased a new position in shares of Cloudflare in the second quarter worth $225,204,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Cloudflare by 33.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock worth $352,610,000 after buying an additional 786,063 shares during the period. KBC Group NV grew its holdings in shares of Cloudflare by 1,388.7% during the second quarter. KBC Group NV now owns 736,153 shares of the company’s stock valued at $144,161,000 after buying an additional 686,702 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of 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 acquiring an additional 658,656 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock.

Cloudflare Price Performance

Shares of NYSE NET opened at $202.26 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The stock has a market capitalization of $70.85 billion, a price-to-earnings ratio of -674.18 and a beta of 1.94. The firm’s 50 day simple moving average is $210.52 and its 200-day simple moving average is $205.08. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. During the same period in the prior year, the firm posted $0.20 earnings per share. The firm’s quarterly 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. Analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

NET has been the subject of a number of research reports. Susquehanna lifted their price target on Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Oppenheimer assumed coverage on Cloudflare in a report on Monday, November 10th. They set an “outperform” rating and a $260.00 target price for the company. Cantor Fitzgerald upped their target price on Cloudflare from $199.00 to $224.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Piper Sandler raised their price target on shares of Cloudflare from $224.00 to $249.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Finally, Mizuho lifted their price objective on shares of Cloudflare from $240.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Cloudflare presently has a consensus rating of “Moderate Buy” and an average target price of $234.78.

Insider Activity

In related news, Director Katrin Suder sold 2,031 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $200.00, for a total value of $406,200.00. Following the completion of the transaction, the director owned 37,723 shares of the company’s stock, valued at approximately $7,544,600. This represents a 5.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Thomas J. Seifert sold 10,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $201.69, for a total value of $2,016,900.00. Following the transaction, the chief financial officer owned 137,486 shares in the company, valued at $27,729,551.34. This represents a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 628,079 shares of company stock worth $128,603,861. 10.89% of the stock is currently owned by corporate insiders.

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.