Cloudflare, Inc. $NET Position Raised by AIA Group Ltd

AIA Group Ltd boosted its position in Cloudflare, Inc. (NYSE:NET) by 14.3% in the third quarter, HoldingsChannel.com reports. The firm owned 63,753 shares of the company’s stock after purchasing an additional 7,997 shares during the quarter. AIA Group Ltd’s holdings in Cloudflare were worth $13,681,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NET. Empowered Funds LLC grew its holdings in Cloudflare by 34.2% during the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock worth $750,000 after acquiring an additional 1,696 shares during the period. Sivia Capital Partners LLC acquired a new stake in Cloudflare in the 2nd quarter valued at about $424,000. PNC Financial Services Group Inc. boosted its position in shares of Cloudflare by 37.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,961 shares of the company’s stock valued at $1,951,000 after purchasing an additional 2,722 shares in the last quarter. Creative Planning boosted its position in shares of Cloudflare by 30.5% during the 2nd quarter. Creative Planning now owns 59,061 shares of the company’s stock valued at $11,566,000 after purchasing an additional 13,793 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Cloudflare by 16.6% in the 2nd quarter. Cetera Investment Advisers now owns 92,239 shares of the company’s stock worth $18,063,000 after purchasing an additional 13,142 shares during the last quarter. 82.68% of the stock is owned by institutional investors.

Cloudflare Stock Up 6.6%

Shares of NYSE:NET opened at $225.45 on Thursday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.98 and a current ratio of 1.98. The company has a market cap of $78.97 billion, a PE ratio of -777.39 and a beta of 1.98. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00. The firm has a 50 day simple moving average of $186.34 and a 200 day simple moving average of $203.14.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The firm had revenue of $614.51 million for the quarter, compared to analysts’ expectations of $591.67 million. During the same period in the previous year, the company posted $0.19 EPS. The company’s quarterly revenue was up 33.6% compared to the same quarter last year. As a group, research analysts expect that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on NET. Scotiabank dropped their target price on shares of Cloudflare from $255.00 to $225.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 11th. Cantor Fitzgerald restated a “neutral” rating and issued a $224.00 price target on shares of Cloudflare in a research report on Wednesday, February 11th. Wells Fargo & Company upped their price target on Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. KeyCorp reiterated an “overweight” rating on shares of Cloudflare in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada raised their price objective on Cloudflare from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $233.38.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Order-flow bullish signal (“Power Inflow”) triggered, drawing momentum and institutional order-flow buying that can accelerate short-term moves. Cloudflare Shares Rise Nearly 7% After Key Trading Signal
• Positive Sentiment: AI/enterprise growth narrative: analysts and commentators point to rising AI-driven network activity, bigger enterprise deals, and Cloudflare’s edge/AI positioning as the fundamental rationale for upside. Cloudflare shares rise as AI/enterprise growth narrative keeps gaining traction
• Positive Sentiment: Technology/edge angle: coverage calling Cloudflare well positioned for AI at the edge has added retail/momentum interest. Cloudflare Surges 8%: NVIDIA’s AI Boom Is Coming for the Edge and This Stock Is Ready
• Neutral Sentiment: Analyst/target activity is supportive (multiple buy/outperform ratings and elevated median targets) but analysts’ estimates still reflect near-term profitability headwinds—so impact is mixed. Analyst Coverage Summary
• Negative Sentiment: CEO Matthew Prince executed large open-market sales this week (multiple filings) that materially reduced his direct stake — a signal some investors interpret as a near-term negative. SEC Form 4 — Matthew Prince
• Negative Sentiment: CFO Thomas Seifert also sold shares (SEC filing), and data show heavy insider selling activity across the company lately — this can weigh on sentiment if investors read it as insiders cashing out. CFO Sale / Insider Trades

Insiders Place Their Bets

In related news, CAO Janel Riley sold 23,332 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $190.00, for a total value of $4,433,080.00. Following the completion of the sale, the chief accounting officer directly owned 56,791 shares of the company’s stock, valued at approximately $10,790,290. This represents a 29.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michelle Zatlyn sold 25,641 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $189.50, for a total value of $4,858,969.50. Following the sale, the insider owned 34,514 shares of the company’s stock, valued at $6,540,403. The trade was a 42.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 638,799 shares of company stock worth $121,556,536. 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.