Cloudflare, Inc. $NET Shares Acquired by Swedbank AB

Swedbank AB lifted its position in Cloudflare, Inc. (NYSE:NET) by 27.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,878 shares of the company’s stock after purchasing an additional 9,527 shares during the quarter. Swedbank AB’s holdings in Cloudflare were worth $9,416,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new position in Cloudflare in the 2nd quarter worth approximately $29,000. Quaker Wealth Management LLC boosted its holdings in shares of Cloudflare by 218.6% in the 2nd quarter. Quaker Wealth Management LLC now owns 166 shares of the company’s stock valued at $33,000 after acquiring an additional 306 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of Cloudflare in the second quarter worth $36,000. Ameritas Advisory Services LLC purchased a new position in shares of Cloudflare during the second quarter worth $39,000. Finally, Cullen Frost Bankers Inc. acquired a new position in Cloudflare during the second quarter valued at $45,000. Institutional investors and hedge funds own 82.68% of the company’s stock.

Cloudflare Stock Down 0.0%

Shares of NET opened at $202.56 on Friday. The firm has a market cap of $70.95 billion, a P/E ratio of -675.21 and a beta of 1.94. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. The stock’s 50 day moving average is $210.20 and its two-hundred day moving average is $205.41. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46.

Cloudflare (NYSE:NET) last announced its earnings results 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 return on equity of 6.54% and a negative net margin of 5.12%.The business had revenue of $562.03 million during the quarter, compared to the consensus estimate of $544.65 million. During the same period in the prior year, the company posted $0.20 EPS. The business’s quarterly revenue was up 30.7% on a year-over-year basis. 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 predict that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NET has been the topic of several analyst reports. Royal Bank Of Canada increased their price target on Cloudflare from $250.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Citigroup upped their target price on Cloudflare from $255.00 to $318.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Barclays assumed coverage on Cloudflare in a report on Tuesday, December 2nd. They set an “overweight” rating and a $235.00 target price on the stock. Citizens Jmp boosted their price target on Cloudflare from $250.00 to $270.00 and gave the company a “market outperform” rating in a report on Friday, October 31st. Finally, Piper Sandler upped their price objective on Cloudflare from $224.00 to $249.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. One investment 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $234.78.

Insider Buying and Selling at Cloudflare

In other news, CFO Thomas J. Seifert sold 41,555 shares of Cloudflare stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $194.18, for a total value of $8,069,149.90. Following the sale, the chief financial officer owned 137,486 shares in the company, valued at $26,697,031.48. This trade represents a 23.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $215.51, for a total transaction of $11,289,275.84. The SEC filing for this sale provides additional information. Insiders have sold a total of 628,079 shares of company stock valued at $128,603,861 over the last ninety days. Corporate insiders own 10.89% of the company’s stock.

Cloudflare Company 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.