Cloudflare, Inc. $NET Stock Holdings Boosted by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its stake in shares of Cloudflare, Inc. (NYSE:NET) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 25,710 shares of the company’s stock after purchasing 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 quarter.

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

Insider Activity

In other Cloudflare news, insider Michelle Zatlyn sold 33,003 shares of Cloudflare stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $294.63, for a total value of $9,723,673.89. Following the transaction, the insider owned 69,775 shares in the company, valued at $20,557,808.25. The trade was a 32.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,383 shares of Cloudflare stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $283.42, for a total transaction of $14,846,389.86. 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 ninety days, insiders have sold 476,339 shares of company stock worth $143,439,267. Corporate insiders own 10.66% of the company’s stock.

Cloudflare Price Performance

Cloudflare stock opened at $318.16 on Thursday. The stock has a market cap of $112.46 billion, a price-to-earnings ratio of -548.54, a price-to-earnings-growth ratio of 259.07 and a beta of 1.65. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $370.35. The firm has a 50-day moving average of $320.38 and a two-hundred day moving average of $246.69.

Cloudflare (NYSE:NET) last issued 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. The business had revenue of $696.06 million for the quarter, compared to the consensus estimate of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 EPS. 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 forecast that Cloudflare, Inc. will post 0.03 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on NET. Sanford C. Bernstein increased their target price on shares of Cloudflare from $164.00 to $181.00 and gave the company a “market perform” rating in a research note on Thursday, September 17th. Morgan Stanley restated an “overweight” rating and issued a $370.00 target price on shares of Cloudflare in a report on Friday, August 7th. Susquehanna lifted their price target on shares of Cloudflare from $200.00 to $300.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Truist Financial upped their price target on shares of Cloudflare from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $394.00 price objective on shares of Cloudflare in a research report on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and an average target price of $331.33.

About Cloudflare

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.