Cloudflare, Inc. $NET Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its stake in Cloudflare, Inc. (NYSE:NET) by 96.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,302,893 shares of the company’s stock after purchasing an additional 639,245 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.37% of Cloudflare worth $279,588,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NET. Empowered Funds LLC lifted its stake in Cloudflare by 34.2% during the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock valued at $750,000 after purchasing an additional 1,696 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Cloudflare in the second quarter valued at $424,000. Swedbank AB lifted its position in shares of Cloudflare by 9.0% during the 2nd quarter. Swedbank AB now owns 34,351 shares of the company’s stock valued at $6,727,000 after acquiring an additional 2,831 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Cloudflare by 11.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 36,045 shares of the company’s stock worth $6,894,000 after acquiring an additional 3,777 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Cloudflare by 8.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 6,991 shares of the company’s stock worth $1,369,000 after acquiring an additional 533 shares during the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Buying and Selling at Cloudflare

In related news, Director John Graham-Cumming sold 2,520 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $200.27, for a total value of $504,680.40. Following the transaction, the director directly owned 495,191 shares in the company, valued at approximately $99,171,901.57. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $189.47, for a total transaction of $9,925,196.48. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 609,213 shares of company stock worth $120,586,544 in the last quarter. 10.89% of the stock is owned by corporate insiders.

Cloudflare Stock Performance

NET opened at $184.41 on Tuesday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. The company has a market cap of $64.60 billion, a PE ratio of -614.70, a price-to-earnings-growth ratio of 121.14 and a beta of 1.96. The stock has a 50-day moving average of $199.06 and a 200-day moving average of $206.50. Cloudflare, Inc. has a 52-week low of $89.42 and a 52-week high of $260.00.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The firm’s revenue was up 30.7% compared to the same quarter last year. During the same period last year, the business earned $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. As a group, equities research analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Needham & Company LLC boosted their target price on Cloudflare from $240.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Wells Fargo & Company boosted their price target on shares of Cloudflare from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Guggenheim reiterated a “sell” rating on shares of Cloudflare in a research report on Tuesday, October 21st. Oppenheimer began coverage on Cloudflare in a research note on Monday, November 10th. They set an “outperform” rating and a $260.00 price target for the company. Finally, Robert W. Baird set a $230.00 price target on Cloudflare in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $230.26.

Cloudflare Profile

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.