AustralianSuper Pty Ltd Raises Holdings in Cloudflare, Inc. $NET

AustralianSuper Pty Ltd boosted its stake in Cloudflare, Inc. (NYSE:NET) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 515,032 shares of the company’s stock after purchasing an additional 24,975 shares during the period. AustralianSuper Pty Ltd owned about 0.15% of Cloudflare worth $110,521,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in NET. Empowered Funds LLC increased its stake in shares of Cloudflare by 34.2% in the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock worth $750,000 after buying an additional 1,696 shares during the period. Sivia Capital Partners LLC bought a new stake in Cloudflare in the 2nd quarter worth $424,000. Fifth Third Bancorp increased its position in shares of Cloudflare by 24.0% in the second quarter. Fifth Third Bancorp now owns 547 shares of the company’s stock valued at $107,000 after acquiring an additional 106 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Cloudflare by 20.1% during the second quarter. Janney Montgomery Scott LLC now owns 28,431 shares of the company’s stock valued at $5,568,000 after acquiring an additional 4,751 shares during the last quarter. Finally, Greenleaf Trust bought a new position in shares of Cloudflare during the second quarter valued at about $278,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Viral AI agent buzz renewed enthusiasm for Cloudflare’s edge and infra tools, sparking a premarket surge as investors priced in stronger 2026 demand for Cloudflare-hosted AI workloads. Cloudflare surges as viral AI agent buzz lifts expectations
• Positive Sentiment: Unusually large call-option activity shows speculative bullish positioning (calls bought well above typical daily volume), which can amplify upside if positive news continues.
• Positive Sentiment: Analyst and media coverage points to durable growth drivers — revenue surprises, partnerships and better margin outlooks have been cited as reasons for the multi-month rally, supporting a constructive longer-term case. What’s Fueling The Growth For Cloudflare Stock?
• Neutral Sentiment: Theme-based research lists Cloudflare among potential beneficiaries of broader tech trends (quantum/enabler alpha lists), which is informational but not an immediate catalyst. Quantum’s Next Winners? 3 Enablers With 10%+ Projected Growth in 2026
• Neutral Sentiment: Coverage is mixed: some outlets highlight strong fundamentals while others note valuation and near-term risk, producing conflicting analyst views that can increase trading volatility. Analysts Conflicted on These Technology Names: CoreWeave (CRWV) and Cloudflare (NET)
• Negative Sentiment: A company director sold 15,000 shares at roughly $211, a disclosed SEC transaction that may be interpreted by some investors as opportunistic profit-taking after the rally. SEC Form 4 — Carl Ledbetter sale
• Negative Sentiment: After the midweek surge, the stock pulled back more than the broader market as traders digested the sprint higher and rotated profits; coverage notes the decline and higher-than-normal intraday volume. Cloudflare (NET) Declines More Than Market

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Needham & Company LLC boosted their price target on Cloudflare from $240.00 to $285.00 and gave the company a “buy” rating in a report on Friday, October 31st. Piper Sandler cut their price objective on Cloudflare from $249.00 to $220.00 and set a “neutral” rating on the stock in a research report on Monday, January 5th. JMP Securities set a $270.00 target price on Cloudflare in a report on Friday, October 31st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, January 21st. Finally, Wells Fargo & Company boosted their price objective on shares of Cloudflare from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $232.48.

Insider Activity at Cloudflare

In related news, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $195.32, for a total transaction of $10,231,642.88. Following the sale, the chief executive officer owned 22,175 shares of the company’s stock, valued at $4,331,221. The trade was a 70.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michelle Zatlyn sold 35,099 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $199.26, for a total transaction of $6,993,826.74. Following the completion of the sale, the insider owned 24,555 shares in the company, valued at approximately $4,892,829.30. This trade represents a 58.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 634,213 shares of company stock valued at $125,537,644 in the last three months. Company insiders own 10.89% of the company’s stock.

Cloudflare Price Performance

Shares of NET stock opened at $184.79 on Thursday. The business’s fifty day moving average is $194.93 and its 200 day moving average is $206.03. 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 stock has a market cap of $64.73 billion, a price-to-earnings ratio of -615.97, a PEG ratio of 135.46 and a beta of 1.96. Cloudflare, Inc. has a twelve month low of $89.42 and a twelve month high of $260.00.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $562.03 million for the quarter, compared to analysts’ expectations of $544.65 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The company’s quarterly revenue was up 30.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 EPS. Research analysts expect that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Cloudflare Company 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.