Cloudflare, Inc. $NET Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG decreased its position in shares of Cloudflare, Inc. (NYSE:NET) by 18.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 31,500 shares of the company’s stock after selling 6,900 shares during the quarter. Robeco Schweiz AG’s holdings in Cloudflare were worth $6,760,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the company. Moseley Investment Management Inc. raised its position in shares of Cloudflare by 8.3% in the third quarter. Moseley Investment Management Inc. now owns 1,631 shares of the company’s stock valued at $350,000 after buying an additional 125 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Cloudflare by 30.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 3,751 shares of the company’s stock worth $805,000 after acquiring an additional 876 shares during the period. TD Private Client Wealth LLC boosted its position in shares of Cloudflare by 18.2% in the third quarter. TD Private Client Wealth LLC now owns 1,234 shares of the company’s stock worth $265,000 after acquiring an additional 190 shares during the last quarter. Liberty One Investment Management LLC grew its holdings in Cloudflare by 63.4% in the third quarter. Liberty One Investment Management LLC now owns 2,198 shares of the company’s stock valued at $470,000 after purchasing an additional 853 shares during the period. Finally, GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in Cloudflare during the third quarter worth approximately $871,000. 82.68% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Michelle Zatlyn sold 35,099 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $199.26, for a total value of $6,993,826.74. Following the sale, the insider directly owned 24,555 shares of the company’s stock, valued at $4,892,829.30. This represents a 58.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Thomas J. Seifert sold 41,555 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $194.18, for a total transaction of $8,069,149.90. Following the transaction, the chief financial officer owned 137,486 shares in the company, valued at $26,697,031.48. This trade represents a 23.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 635,315 shares of company stock worth $127,379,605. 10.89% of the stock is currently owned by insiders.

Cloudflare Stock Performance

Shares of NET stock opened at $188.84 on Wednesday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The company’s fifty day moving average price is $202.80 and its two-hundred day moving average price is $206.61. The firm has a market capitalization of $66.15 billion, a P/E ratio of -629.46, a P/E/G ratio of 122.60 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 released its quarterly 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 for the quarter, compared to analysts’ expectations of $544.65 million. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The company’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, research analysts anticipate that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NET has been the topic of a number of research analyst reports. Citigroup lifted their price target on shares of Cloudflare from $255.00 to $318.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Stifel Nicolaus boosted their price target on Cloudflare from $230.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, October 31st. JMP Securities set a $270.00 price target on Cloudflare in a research note on Friday, October 31st. Mizuho boosted their target price on Cloudflare from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Cantor Fitzgerald increased their price objective on shares of Cloudflare from $199.00 to $224.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $232.41.

About Cloudflare

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.