Danske Bank A S Purchases New Position in Cloudflare, Inc. $NET

Danske Bank A S purchased a new stake in Cloudflare, Inc. (NYSE:NET) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 199,339 shares of the company’s stock, valued at approximately $42,776,000. Danske Bank A S owned approximately 0.06% of Cloudflare as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in NET. Reliant Investment Partners LLC raised its stake in shares of Cloudflare by 1.5% in the third quarter. Reliant Investment Partners LLC now owns 3,316 shares of the company’s stock valued at $718,000 after acquiring an additional 50 shares during the last quarter. Frank Rimerman Advisors LLC grew its position in Cloudflare by 1.8% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock worth $605,000 after acquiring an additional 51 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in Cloudflare by 55.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares in the last quarter. Bogart Wealth LLC increased its holdings in Cloudflare by 28.0% during the 3rd quarter. Bogart Wealth LLC now owns 270 shares of the company’s stock valued at $58,000 after purchasing an additional 59 shares in the last quarter. Finally, Rothschild Investment LLC raised its position in Cloudflare by 37.4% in the 3rd quarter. Rothschild Investment LLC now owns 224 shares of the company’s stock valued at $48,000 after purchasing an additional 61 shares during the last quarter. 82.68% of the stock is owned by institutional investors.

Key Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Order-flow bullish signal (“Power Inflow”) triggered, drawing momentum and institutional order-flow buying that can accelerate short-term moves. Cloudflare Shares Rise Nearly 7% After Key Trading Signal
• Positive Sentiment: AI/enterprise growth narrative: analysts and commentators point to rising AI-driven network activity, bigger enterprise deals, and Cloudflare’s edge/AI positioning as the fundamental rationale for upside. Cloudflare shares rise as AI/enterprise growth narrative keeps gaining traction
• Positive Sentiment: Technology/edge angle: coverage calling Cloudflare well positioned for AI at the edge has added retail/momentum interest. Cloudflare Surges 8%: NVIDIA’s AI Boom Is Coming for the Edge and This Stock Is Ready
• Neutral Sentiment: Analyst/target activity is supportive (multiple buy/outperform ratings and elevated median targets) but analysts’ estimates still reflect near-term profitability headwinds—so impact is mixed. Analyst Coverage Summary
• Negative Sentiment: CEO Matthew Prince executed large open-market sales this week (multiple filings) that materially reduced his direct stake — a signal some investors interpret as a near-term negative. SEC Form 4 — Matthew Prince
• Negative Sentiment: CFO Thomas Seifert also sold shares (SEC filing), and data show heavy insider selling activity across the company lately — this can weigh on sentiment if investors read it as insiders cashing out. CFO Sale / Insider Trades

Cloudflare Stock Up 6.6%

Shares of NET opened at $225.45 on Thursday. The business’s fifty day moving average price is $186.34 and its two-hundred day moving average price is $203.14. The firm has a market capitalization of $78.97 billion, a price-to-earnings ratio of -777.39 and a beta of 1.98. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.98 and a current ratio of 1.98.

Cloudflare (NYSE:NET) last released its earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $614.51 million during the quarter, compared to the consensus estimate of $591.67 million. Cloudflare had a negative return on equity of 7.24% and a negative net margin of 4.72%.The firm’s quarterly revenue was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.19 earnings per share. On average, analysts predict that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Insider Transactions at Cloudflare

In other Cloudflare news, CEO Matthew Prince sold 13,618 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $227.80, for a total transaction of $3,102,180.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Thomas J. Seifert sold 10,341 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $212.30, for a total transaction of $2,195,394.30. Following the completion of the transaction, the chief financial officer directly owned 224,625 shares in the company, valued at $47,687,887.50. This trade represents a 4.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 638,799 shares of company stock valued at $121,556,536. 10.89% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NET shares. Mizuho reduced their price objective on Cloudflare from $280.00 to $255.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Needham & Company LLC cut their price target on Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Citigroup upped their price target on shares of Cloudflare from $260.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Susquehanna set a $190.00 price objective on shares of Cloudflare in a report on Thursday, February 12th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $224.00 price objective on shares of Cloudflare in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $233.38.

About Cloudflare

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.