Real Talk Capital LLC Makes New Investment in Cloudflare, Inc. $NET

Real Talk Capital LLC purchased a new stake in Cloudflare, Inc. (NYSE:NET) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,226 shares of the company’s stock, valued at approximately $240,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Cloudflare by 33.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock worth $352,610,000 after purchasing an additional 786,063 shares during the period. Nuveen LLC bought a new position in shares of Cloudflare during the 1st quarter worth approximately $88,203,000. American Century Companies Inc. boosted its holdings in shares of Cloudflare by 34.5% during the 1st quarter. American Century Companies Inc. now owns 3,037,420 shares of the company’s stock worth $342,287,000 after buying an additional 779,819 shares in the last quarter. KBC Group NV increased its stake in shares of Cloudflare by 1,388.7% in the 2nd quarter. KBC Group NV now owns 736,153 shares of the company’s stock valued at $144,161,000 after acquiring an additional 686,702 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Cloudflare by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 31,495,565 shares of the company’s stock valued at $6,167,776,000 after acquiring an additional 658,656 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cloudflare

In related news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $195.32, for a total transaction of $10,231,642.88. Following the sale, the chief executive officer directly owned 22,175 shares in the company, valued at approximately $4,331,221. This trade represents a 70.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carl Ledbetter sold 15,000 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $207.96, for a total value of $3,119,400.00. Following the completion of the transaction, the director owned 983,073 shares of the company’s stock, valued at $204,439,861.08. This trade represents a 1.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 583,955 shares of company stock valued at $123,647,846 in the last ninety days. Insiders own 10.89% of the company’s stock.

Cloudflare Stock Performance

NYSE NET opened at $196.30 on Thursday. The company has a fifty day moving average price of $220.77 and a 200-day moving average price of $197.11. The firm has a market cap of $68.76 billion, a price-to-earnings ratio of -654.32 and a beta of 2.10. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. Cloudflare, Inc. has a 1 year low of $89.42 and a 1 year high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $562.03 million for the quarter, compared to analysts’ expectations of $544.87 million. During the same period in the previous year, the company earned $0.20 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 0.910-0.910 EPS. As a group, equities research analysts predict that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NET has been the topic of several research reports. Argus upped their price objective on shares of Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a report on Monday, November 10th. Morgan Stanley upped their price target on Cloudflare from $225.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Bank of America increased their price target on Cloudflare from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, October 8th. Finally, KeyCorp increased their target price on Cloudflare from $235.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $235.35.

Cloudflare Profile

Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.