1,645 Cloudflare, Inc. $NET Shares Acquired by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC grew its holdings in Cloudflare, Inc. (NYSE:NET) by 6.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,710 shares of the company’s stock after acquiring an additional 1,645 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Cloudflare were worth $8,929,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. North Dakota State Investment Board increased its holdings in shares of Cloudflare by 40.6% during the third quarter. North Dakota State Investment Board now owns 14,762 shares of the company’s stock valued at $5,127,000 after acquiring an additional 4,261 shares in the last quarter. VestGen Advisors LLC raised its position in shares of Cloudflare by 73.2% in the 3rd quarter. VestGen Advisors LLC now owns 2,274 shares of the company’s stock valued at $790,000 after purchasing an additional 961 shares during the last quarter. Generali Asset Management SPA SGR raised its position in shares of Cloudflare by 6.0% in the 3rd quarter. Generali Asset Management SPA SGR now owns 19,762 shares of the company’s stock valued at $6,863,000 after purchasing an additional 1,118 shares during the last quarter. SYM FINANCIAL Corp raised its position in shares of Cloudflare by 36.1% in the 3rd quarter. SYM FINANCIAL Corp now owns 1,732 shares of the company’s stock valued at $601,000 after purchasing an additional 459 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. boosted its stake in Cloudflare by 58.8% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 2,473 shares of the company’s stock worth $859,000 after purchasing an additional 916 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Down 2.9%

Shares of NET stock opened at $318.16 on Thursday. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $370.35. The firm has a market capitalization of $112.46 billion, a PE ratio of -548.54, a P/E/G ratio of 259.07 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.82 and a current ratio of 1.82. The stock’s 50-day simple moving average is $320.38 and its 200-day simple moving average is $246.69.

Cloudflare (NYSE:NET) last released its earnings results on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%. The firm had revenue of $696.06 million during the quarter, compared to the consensus estimate of $664.66 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Equities analysts expect that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Insider Buying and Selling

In other Cloudflare news, insider Michelle Zatlyn sold 33,003 shares of Cloudflare stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $294.63, for a total transaction of $9,723,673.89. Following the completion of the sale, the insider directly owned 69,775 shares in the company, valued at approximately $20,557,808.25. The trade was a 32.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 55,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total transaction of $16,516,500.00. Following the completion of the sale, the chief financial officer directly owned 113,790 shares in the company, valued at $34,171,137. This trade represents a 32.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 476,339 shares of company stock worth $143,439,267. 10.66% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Oppenheimer boosted their target price on shares of Cloudflare from $380.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, October 9th. Wells Fargo & Company upped their price target on shares of Cloudflare from $380.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday. Susquehanna raised their price target on shares of Cloudflare from $200.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Citigroup reiterated a “market outperform” rating on shares of Cloudflare in a research note on Monday, August 31st. Finally, Scotiabank boosted their price objective on shares of Cloudflare from $300.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $331.33.

Cloudflare Profile

Cloudflare, Inc (NYSE: NET) provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

The company’s offerings include content delivery and authoritative domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.