D.A. Davidson & CO. Has $3.68 Million Stock Holdings in Cloudflare, Inc. $NET

D.A. Davidson & CO. decreased its position in shares of Cloudflare, Inc. (NYSE:NET) by 14.4% during the 3rd quarter, Holdings Channel reports. The fund owned 17,133 shares of the company’s stock after selling 2,890 shares during the quarter. D.A. Davidson & CO.’s holdings in Cloudflare were worth $3,677,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NET. Vanguard Group Inc. raised its holdings in Cloudflare by 2.1% in the second quarter. Vanguard Group Inc. now owns 31,495,565 shares of the company’s stock worth $6,167,776,000 after purchasing an additional 658,656 shares during the period. Geode Capital Management LLC increased its position in shares of Cloudflare by 5.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,536,679 shares of the company’s stock valued at $1,081,533,000 after buying an additional 270,227 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Cloudflare by 33.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock valued at $352,610,000 after buying an additional 786,063 shares in the last quarter. Norges Bank acquired a new stake in Cloudflare during the 2nd quarter worth $541,462,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Cloudflare by 3.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,368,906 shares of the company’s stock worth $268,073,000 after acquiring an additional 47,698 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Transactions at Cloudflare

In other news, insider Michelle Zatlyn sold 35,099 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $199.26, for a total value of $6,993,826.74. Following the completion of the transaction, the insider owned 24,555 shares in the company, valued at $4,892,829.30. This trade represents a 58.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $215.51, for a total value of $11,289,275.84. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 585,451 shares of company stock worth $119,098,680 in the last three months. Insiders own 10.89% of the company’s stock.

Cloudflare Price Performance

NYSE NET opened at $203.00 on Thursday. The firm’s 50 day moving average is $207.03 and its 200-day moving average is $206.57. 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 company has a market capitalization of $71.11 billion, a PE ratio of -676.67, a price-to-earnings-growth ratio of 130.23 and a beta of 1.96. Cloudflare, Inc. has a 12-month low of $89.42 and a 12-month high of $260.00.

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

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Zacks highlights Cloudflare’s strong earnings‑surprise history and says the company has the setup to beat again next quarter — a recurring beat would be a clear catalyst for upside. Will Cloudflare (NET) Beat Estimates Again?
• Positive Sentiment: Macro/momentum: a Yahoo piece flags that long‑term investors have seen ~374% returns over three years, underscoring strong price momentum and retail/institutional interest that can amplify positive news. Cloudflare 3‑Year Return
• Positive Sentiment: Earlier results & guidance: recent quarter beat revenue and EPS estimates and management provided FY’25 and Q4 guidance — supports expectations for continued top‑line growth and gives bulls a near‑term fundamental anchor. MarketBeat NET Summary
• Neutral Sentiment: Piper Sandler left its rating at Hold, signaling no change in conviction from that shop (keeps a portion of the market cautious but is not a downgrade). Piper Sandler Hold
• Negative Sentiment: Piper Sandler also lowered its price target to $220 from $249 — a direct cap on near‑term upside that likely pressured some investors. Price Target Lowered to $220
• Negative Sentiment: Insider selling: three directors disclosed sales this week (Mark Hawkins, John Graham‑Cumming, Carl Ledbetter) totaling ~8,788 shares — small relative to holdings but often read as a negative signal by the market. SEC filings available. Hawkins Form 4

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Stifel Nicolaus increased their price target on Cloudflare from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Mizuho increased their target price on Cloudflare from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. DZ Bank upgraded shares of Cloudflare from a “sell” rating to a “hold” rating and set a $237.00 target price on the stock in a report on Wednesday, November 5th. JMP Securities set a $270.00 price target on shares of Cloudflare in a report on Friday, October 31st. Finally, Guggenheim reissued a “sell” rating on shares of Cloudflare in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Cloudflare currently has an average rating of “Moderate Buy” and an average price target of $233.70.

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.