Dynasty Wealth Management LLC Takes $652,000 Position in Cloudflare, Inc. $NET

Dynasty Wealth Management LLC acquired a new stake in Cloudflare, Inc. (NYSE:NET) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,038 shares of the company’s stock, valued at approximately $652,000.

A number of other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Cloudflare in the 2nd quarter valued at approximately $541,462,000. Groupama Asset Managment acquired a new position in Cloudflare in the second quarter valued at approximately $225,204,000. KBC Group NV grew its position in Cloudflare by 1,388.7% in the second quarter. KBC Group NV now owns 736,153 shares of the company’s stock worth $144,161,000 after acquiring an additional 686,702 shares during the period. Vanguard Group Inc. grew its position in Cloudflare by 2.1% in the second quarter. Vanguard Group Inc. now owns 31,495,565 shares of the company’s stock worth $6,167,776,000 after acquiring an additional 658,656 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its stake in Cloudflare by 96.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,302,893 shares of the company’s stock worth $279,588,000 after acquiring an additional 639,245 shares during the last quarter. 82.68% of the stock is owned by hedge funds and other institutional investors.

Cloudflare Stock Down 3.8%

Shares of NET opened at $177.26 on Wednesday. The company’s 50-day simple moving average is $197.91 and its 200-day simple moving average is $206.40. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. Cloudflare, Inc. has a 1 year low of $89.42 and a 1 year high of $260.00. The stock has a market capitalization of $62.09 billion, a PE ratio of -590.86, a P/E/G ratio of 121.14 and a beta of 1.96.

Cloudflare (NYSE:NET) last announced its 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 firm had revenue of $562.03 million for the quarter, compared to the consensus estimate of $544.65 million. During the same period in the prior year, the firm earned $0.20 EPS. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $195.32, for a total value of $10,231,642.88. Following the completion of the transaction, the chief executive officer owned 22,175 shares in the company, valued at approximately $4,331,221. This trade represents a 70.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michelle Zatlyn sold 35,099 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $199.26, for a total value of $6,993,826.74. Following the transaction, the insider directly owned 24,555 shares of the company’s stock, valued at approximately $4,892,829.30. This represents a 58.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 609,213 shares of company stock worth $120,586,544. Company insiders own 10.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on NET shares. Cantor Fitzgerald increased their price target on Cloudflare from $199.00 to $224.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. KeyCorp upped their target price on shares of Cloudflare from $235.00 to $300.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Truist Financial set a $225.00 price target on shares of Cloudflare in a research report on Tuesday. Citizens Jmp upped their price objective on shares of Cloudflare from $250.00 to $270.00 and gave the stock a “market outperform” rating in a report on Friday, October 31st. Finally, Scotiabank increased their price objective on shares of Cloudflare from $200.00 to $225.00 and gave the stock a “sector perform” rating in a research report on Friday, October 31st. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Cloudflare presently has an average rating of “Moderate Buy” and a consensus price target of $233.41.

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.