CW Advisors LLC Takes Position in Cloudflare, Inc. $NET

CW Advisors LLC purchased a new stake in shares of Cloudflare, Inc. (NYSE:NET) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 54,131 shares of the company’s stock, valued at approximately $10,601,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Daymark Wealth Partners LLC boosted its holdings in Cloudflare by 1.1% in the 2nd quarter. Daymark Wealth Partners LLC now owns 4,556 shares of the company’s stock worth $892,000 after buying an additional 51 shares during the period. Huntington National Bank raised its holdings in Cloudflare by 22.8% during the second quarter. Huntington National Bank now owns 280 shares of the company’s stock valued at $55,000 after acquiring an additional 52 shares during the period. ORG Partners LLC lifted its position in shares of Cloudflare by 11.9% in the second quarter. ORG Partners LLC now owns 498 shares of the company’s stock valued at $92,000 after acquiring an additional 53 shares in the last quarter. Fiduciary Planning LLC boosted its stake in shares of Cloudflare by 3.0% in the second quarter. Fiduciary Planning LLC now owns 1,854 shares of the company’s stock worth $363,000 after acquiring an additional 54 shares during the period. Finally, Yousif Capital Management LLC grew its position in shares of Cloudflare by 1.9% during the second quarter. Yousif Capital Management LLC now owns 4,044 shares of the company’s stock worth $792,000 after purchasing an additional 75 shares in the last quarter. 82.68% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cloudflare

In other news, Director Mark J. Hawkins sold 134 shares of Cloudflare stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $197.65, for a total value of $26,485.10. Following the completion of the transaction, the director owned 10,856 shares in the company, valued at approximately $2,145,688.40. The trade was a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Douglas James Kramer sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $196.84, for a total value of $590,520.00. Following the transaction, the insider directly owned 113,101 shares in the company, valued at approximately $22,262,800.84. This represents a 2.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 638,528 shares of company stock valued at $133,985,858. Corporate insiders own 10.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. UBS Group boosted their price target on Cloudflare from $240.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Royal Bank Of Canada lifted their price objective on shares of Cloudflare from $250.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Citizens Jmp upped their target price on shares of Cloudflare from $250.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Friday, October 31st. KeyCorp raised their target price on shares of Cloudflare from $235.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $235.33.

Cloudflare Price Performance

Cloudflare stock opened at $204.14 on Friday. Cloudflare, Inc. has a 52-week low of $89.42 and a 52-week high of $260.00. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The firm’s fifty day moving average is $215.32 and its 200 day moving average is $201.22. The company has a market cap of $71.51 billion, a price-to-earnings ratio of -680.47 and a beta of 1.94.

Cloudflare (NYSE:NET) last posted its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The business’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Sell-side analysts forecast that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Cloudflare Company 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.