AustralianSuper Pty Ltd Grows Stake in Cloudflare, Inc. $NET

AustralianSuper Pty Ltd grew its stake in shares of Cloudflare, Inc. (NYSE:NET) by 5.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 515,032 shares of the company’s stock after acquiring an additional 24,975 shares during the period. AustralianSuper Pty Ltd’s holdings in Cloudflare were worth $110,521,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its position in Cloudflare by 7.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,204 shares of the company’s stock valued at $6,481,000 after purchasing an additional 2,215 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Cloudflare by 63.5% in the third quarter. Federated Hermes Inc. now owns 862,009 shares of the company’s stock worth $184,979,000 after buying an additional 334,875 shares in the last quarter. BG Investment Services Inc. purchased a new stake in shares of Cloudflare during the third quarter valued at approximately $218,000. Vanguard Personalized Indexing Management LLC increased its position in shares of Cloudflare by 2.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 47,447 shares of the company’s stock valued at $10,183,000 after acquiring an additional 1,070 shares in the last quarter. Finally, Sovran Advisors LLC raised its holdings in Cloudflare by 11.1% in the 3rd quarter. Sovran Advisors LLC now owns 2,895 shares of the company’s stock worth $644,000 after acquiring an additional 289 shares during the last quarter. Institutional investors own 82.68% of the company’s stock.

Insider Transactions at Cloudflare

In other news, insider Michelle Zatlyn sold 35,099 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $199.26, for a total transaction of $6,993,826.74. Following the completion of the sale, the insider owned 24,555 shares of the company’s stock, valued at $4,892,829.30. The trade was a 58.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew Prince sold 52,384 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $195.32, for a total value of $10,231,642.88. Following the completion of the sale, the chief executive officer owned 22,175 shares of the company’s stock, valued at $4,331,221. This trade represents a 70.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 634,213 shares of company stock worth $125,537,644 in the last 90 days. 10.89% of the stock is currently owned by insiders.

Cloudflare Price Performance

NYSE NET opened at $184.79 on Thursday. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00. The firm has a market capitalization of $64.73 billion, a P/E ratio of -615.97, a PEG ratio of 135.46 and a beta of 1.96. 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 50-day moving average price of $194.93 and a 200-day moving average price of $206.03.

Cloudflare (NYSE:NET) last posted its quarterly earnings data 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 company had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. During the same quarter last year, the firm posted $0.20 earnings per share. The firm’s revenue was up 30.7% compared to the same quarter last year. Equities research analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

NET has been the topic of several recent analyst reports. Piper Sandler cut their target price on Cloudflare from $249.00 to $220.00 and set a “neutral” rating on the stock in a research note on Monday, January 5th. Cantor Fitzgerald increased their price objective on Cloudflare from $199.00 to $224.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. TD Cowen reissued a “buy” rating on shares of Cloudflare in a research report on Tuesday. Barclays began coverage on shares of Cloudflare in a research note on Tuesday, December 2nd. They set an “overweight” rating and a $235.00 target price on the stock. Finally, Truist Financial set a $225.00 price target on shares of Cloudflare in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $232.48.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Viral AI agent buzz renewed enthusiasm for Cloudflare’s edge and infra tools, sparking a premarket surge as investors priced in stronger 2026 demand for Cloudflare-hosted AI workloads. Cloudflare surges as viral AI agent buzz lifts expectations
• Positive Sentiment: Unusually large call-option activity shows speculative bullish positioning (calls bought well above typical daily volume), which can amplify upside if positive news continues.
• Positive Sentiment: Analyst and media coverage points to durable growth drivers — revenue surprises, partnerships and better margin outlooks have been cited as reasons for the multi-month rally, supporting a constructive longer-term case. What’s Fueling The Growth For Cloudflare Stock?
• Neutral Sentiment: Theme-based research lists Cloudflare among potential beneficiaries of broader tech trends (quantum/enabler alpha lists), which is informational but not an immediate catalyst. Quantum’s Next Winners? 3 Enablers With 10%+ Projected Growth in 2026
• Neutral Sentiment: Coverage is mixed: some outlets highlight strong fundamentals while others note valuation and near-term risk, producing conflicting analyst views that can increase trading volatility. Analysts Conflicted on These Technology Names: CoreWeave (CRWV) and Cloudflare (NET)
• Negative Sentiment: A company director sold 15,000 shares at roughly $211, a disclosed SEC transaction that may be interpreted by some investors as opportunistic profit-taking after the rally. SEC Form 4 — Carl Ledbetter sale
• Negative Sentiment: After the midweek surge, the stock pulled back more than the broader market as traders digested the sprint higher and rotated profits; coverage notes the decline and higher-than-normal intraday volume. Cloudflare (NET) Declines More Than Market

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.