Robeco Schweiz AG Grows Position in Cloudflare, Inc. $NET

Robeco Schweiz AG boosted its stake in Cloudflare, Inc. (NYSE:NET) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,400 shares of the company’s stock after purchasing an additional 400 shares during the period. Robeco Schweiz AG’s holdings in Cloudflare were worth $7,520,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Cloudflare by 33.5% during 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 valued at $352,610,000 after purchasing an additional 786,063 shares during the period. Nuveen LLC bought a new stake in Cloudflare during the first quarter valued at approximately $88,203,000. American Century Companies Inc. increased its holdings in Cloudflare by 34.5% during the first quarter. American Century Companies Inc. now owns 3,037,420 shares of the company’s stock valued at $342,287,000 after buying an additional 779,819 shares during the last quarter. Raymond James Financial Inc. raised its position in Cloudflare by 129.7% in the first quarter. Raymond James Financial Inc. now owns 1,097,235 shares of the company’s stock worth $123,647,000 after acquiring an additional 619,526 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Cloudflare by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 30,836,909 shares of the company’s stock worth $3,475,011,000 after acquiring an additional 538,850 shares during the last quarter. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Cloudflare Trading Up 3.3%

NET stock opened at $240.56 on Tuesday. Cloudflare, Inc. has a 12 month low of $87.77 and a 12 month high of $260.00. The firm’s 50-day moving average is $221.13 and its 200 day moving average is $193.23. The company has a market capitalization of $84.26 billion, a PE ratio of -801.87 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 (NYSE:NET) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The company had revenue of $430.08 million for the quarter, compared to the consensus estimate of $544.87 million. During the same period last year, the business posted $0.20 EPS. Cloudflare’s quarterly revenue was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 0.910-0.910 EPS. On average, research analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current year.

Insider Buying and Selling at Cloudflare

In other news, insider Michelle Zatlyn sold 35,100 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $191.71, for a total value of $6,729,021.00. Following the sale, the insider directly owned 14,575 shares in the company, valued at approximately $2,794,173.25. This trade represents a 70.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $226.46, for a total transaction of $11,862,880.64. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 638,060 shares of company stock worth $133,217,328 over the last quarter. Insiders own 10.89% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on NET. Scotiabank raised their price objective on Cloudflare from $200.00 to $225.00 and gave the stock a “sector perform” rating in a research note on Friday, October 31st. Guggenheim reaffirmed a “sell” rating on shares of Cloudflare in a research note on Tuesday, October 21st. Jefferies Financial Group assumed coverage on shares of Cloudflare in a report on Friday, October 31st. They issued a “hold” rating and a $250.00 target price on the stock. Wells Fargo & Company increased their price objective on shares of Cloudflare from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Wall Street Zen raised Cloudflare from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and a consensus 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.