Quadrant Capital Group LLC lifted its stake in shares of Cloudflare, Inc. (NYSE:NET – Free Report) by 274.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,618 shares of the company’s stock after acquiring an additional 1,919 shares during the period. Quadrant Capital Group LLC’s holdings in Cloudflare were worth $910,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jennison Associates LLC raised its stake in Cloudflare by 135.8% in the 1st quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock valued at $906,758,000 after purchasing an additional 2,530,872 shares during the last quarter. Amundi lifted its holdings in Cloudflare by 2.0% in the 1st quarter. Amundi now owns 1,707,256 shares of the company’s stock valued at $352,275,000 after purchasing an additional 32,804 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Cloudflare by 17.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock worth $284,900,000 after purchasing an additional 206,506 shares during the last quarter. National Pension Service boosted its stake in shares of Cloudflare by 1.6% during the 2nd quarter. National Pension Service now owns 959,987 shares of the company’s stock worth $235,466,000 after purchasing an additional 15,546 shares during the last quarter. Finally, Swedbank AB grew its holdings in shares of Cloudflare by 697.5% during the first quarter. Swedbank AB now owns 927,606 shares of the company’s stock worth $191,402,000 after buying an additional 811,297 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.
Insider Buying and Selling
In other Cloudflare news, CEO Matthew Prince sold 52,383 shares of Cloudflare stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $283.42, for a total value of $14,846,389.86. The sale was disclosed in a document filed with the SEC, which is available at 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 Cloudflare 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 transaction, the chief financial officer owned 113,790 shares in the company, valued at approximately $34,171,137. This trade represents a 32.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 476,339 shares of company stock valued at $143,439,267. Insiders own 10.66% of the company’s stock.
Wall Street Analysts Forecast Growth
NET has been the subject of a number of analyst reports. Benchmark lowered shares of Cloudflare to an “underperform” rating in a research report on Tuesday, July 7th. Piper Sandler upped their price objective on shares of Cloudflare from $250.00 to $333.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Citizens Jmp restated a “market outperform” rating and set a $394.00 target price on shares of Cloudflare in a research report on Monday, August 31st. Sanford C. Bernstein lifted their target price on shares of Cloudflare from $164.00 to $181.00 and gave the stock a “market perform” rating in a research note on Thursday, September 17th. Finally, Zacks Research downgraded Cloudflare from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 14th. One research 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, Cloudflare has a consensus rating of “Moderate Buy” and a consensus price target of $330.59.
Read Our Latest Research Report on Cloudflare
Cloudflare Stock Up 7.3%
NET opened at $325.68 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The stock has a market capitalization of $115.12 billion, a price-to-earnings ratio of -561.52, a price-to-earnings-growth ratio of 259.07 and a beta of 1.65. The business has a 50-day moving average of $318.54 and a two-hundred day moving average of $267.48. Cloudflare, Inc. has a 12 month low of $158.83 and a 12 month high of $370.35.
Cloudflare (NYSE:NET – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The business had revenue of $696.06 million for the quarter, compared to analyst estimates of $664.66 million. During the same period in the prior year, the firm posted $0.21 EPS. The company’s revenue was up 35.9% on a year-over-year basis. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, research analysts expect that Cloudflare, Inc. will post 0.03 earnings per share for the current year.
Cloudflare News Roundup
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Cloud stocks are rebounding: Cloudflare is benefiting from a broader recovery in cloud-software shares, with investors especially favoring companies that secure and keep applications running. Cloudflare Climbs as Cloud Stocks Rebound
- Positive Sentiment: PHP security crisis highlights demand for Cloudflare: The company reported millions of attempted exploits after critical PHP vulnerabilities were disclosed. The heightened threat environment reinforces the need for Cloudflare’s web-security and protective services and has helped lift cybersecurity stocks. Cloudflare sees millions of exploit attempts after PHP disclosure
- Positive Sentiment: Growth outlook remains attractive to some investors: Brown Advisory cited accelerating growth at Cloudflare, while a bullish analyst view argued that AI-driven traffic, bot verification, and enterprise adoption could provide substantial long-term expansion opportunities. Brown Advisory Sees Accelerating Growth at Cloudflare
- Neutral Sentiment: Valuation is a key risk: Cloudflare’s multiyear share-price gains have significantly outpaced its sales growth, leaving the stock valued at a rich sales premium. That can support momentum but makes the shares sensitive to any slowdown in growth or weaker guidance. Cloudflare Stock May Trade at a Rich Sales Premium
- Negative Sentiment: Execution concerns remain: Commentary has pointed to potentially misleading AI-agent enthusiasm, declining gross margins, and a reported workforce reduction, factors that could temper the bullish narrative if they pressure profitability or revenue quality. PHP Flaws Set Off Cyber Alarm
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.
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