E. Ohman J or Asset Management AB Makes New Investment in Cloudflare, Inc. $NET

E. Ohman J or Asset Management AB bought a new stake in shares of Cloudflare, Inc. (NYSE:NET) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 7,764 shares of the company’s stock, valued at approximately $1,531,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Rakuten Investment Management Inc. bought a new stake in shares of Cloudflare in the 3rd quarter worth approximately $138,660,000. Allianz Asset Management GmbH boosted its position in Cloudflare by 322.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock valued at $13,987,000 after purchasing an additional 49,749 shares during the period. National Pension Service grew its stake in Cloudflare by 1.0% during the 3rd quarter. National Pension Service now owns 618,662 shares of the company’s stock worth $132,759,000 after buying an additional 5,939 shares during the last quarter. Swedbank AB grew its stake in Cloudflare by 27.7% during the 3rd quarter. Swedbank AB now owns 43,878 shares of the company’s stock worth $9,416,000 after buying an additional 9,527 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in Cloudflare by 20.1% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 170,186 shares of the company’s stock worth $36,520,000 after buying an additional 28,495 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Wall Street analysts on average rate NET as a Buy, which supports investor interest and demand for the shares. Article Title
• Positive Sentiment: Bullish research notes (e.g., Seeking Alpha) highlight accelerating revenue, expanding backlog and strong net retention, arguing Cloudflare has durable growth and upside to a $300+ target — a positive cue for growth investors. Article Title
• Positive Sentiment: Recent fundamentals remain supportive: Cloudflare has reported high-teens/30%-plus revenue growth and a recent quarter that beat revenue and EPS estimates, underpinning the bullish narrative (revenue growth and margin progress).
• Neutral Sentiment: The stock climbed recently on a broad market rally and geopolitical headlines (comments that sparked market strength), which helped push NET higher but leaves it sensitive to broader market moves. Article Title
• Neutral Sentiment: Technical observers point to a cup base and other bullish chart patterns that could attract momentum traders; such setups can amplify moves but are also prone to short-term reversals. Article Title
• Neutral Sentiment: Media notes that analysts’ consensus ratings can be overly optimistic; the “Buy” consensus supports sentiment but also raises the risk of disappointment if execution slips. Article Title
• Negative Sentiment: A company director sold roughly $3.4M of NET stock recently, which investors may interpret as a signal to take profits or as a near-term negative catalyst. Article Title

Cloudflare Stock Down 3.3%

NYSE NET opened at $213.31 on Wednesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.98 and a quick ratio of 1.98. The company’s 50 day simple moving average is $188.87 and its 200 day simple moving average is $203.33. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. The company has a market capitalization of $75.08 billion, a P/E ratio of -735.53 and a beta of 1.98.

Cloudflare (NYSE:NET) last issued 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 firm had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The firm’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period last year, the firm posted $0.19 earnings per share. Equities research analysts expect that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NET shares. Truist Financial set a $225.00 target price on Cloudflare in a research note on Tuesday, January 20th. Royal Bank Of Canada upped their price target on shares of Cloudflare from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. TD Cowen reiterated a “buy” rating on shares of Cloudflare in a research report on Tuesday, January 27th. Needham & Company LLC reduced their target price on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, New Street Research set a $140.00 price target on shares of Cloudflare in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $233.38.

Insider Activity at Cloudflare

In other news, insider Michelle Zatlyn sold 25,641 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $189.50, for a total transaction of $4,858,969.50. Following the completion of the sale, the insider directly owned 34,514 shares of the company’s stock, valued at $6,540,403. This trade represents a 42.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew Prince sold 13,618 shares of Cloudflare stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $227.80, for a total value of $3,102,180.40. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 641,768 shares of company stock worth $122,539,186. 10.89% of the stock is owned by corporate insiders.

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.