Vontobel Holding Ltd. Raises Position in Cloudflare, Inc. $NET

Vontobel Holding Ltd. increased its position in shares of Cloudflare, Inc. (NYSE:NET) by 31.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,768 shares of the company’s stock after purchasing an additional 24,268 shares during the period. Vontobel Holding Ltd.’s holdings in Cloudflare were worth $21,624,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Cloudflare in the 2nd quarter valued at approximately $541,462,000. Groupama Asset Managment acquired a new stake in Cloudflare in the second quarter valued at $225,204,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Cloudflare by 33.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,129,030 shares of the company’s stock valued at $352,610,000 after acquiring an additional 786,063 shares during the period. KBC Group NV boosted its position in shares of Cloudflare by 1,388.7% during the 2nd quarter. KBC Group NV now owns 736,153 shares of the company’s stock worth $144,161,000 after purchasing an additional 686,702 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Cloudflare by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 31,495,565 shares of the company’s stock worth $6,167,776,000 after purchasing an additional 658,656 shares during the period. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Insider Activity at Cloudflare

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $201.23, for a total transaction of $10,541,232.32. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Graham-Cumming sold 2,520 shares of Cloudflare stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $199.37, for a total transaction of $502,412.40. Following the completion of the transaction, the director directly owned 495,191 shares in the company, valued at approximately $98,726,229.67. This represents a 0.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 628,079 shares of company stock worth $128,603,861. 10.89% of the stock is currently owned by company insiders.

Cloudflare Trading Up 0.1%

Shares of NET opened at $202.26 on Thursday. Cloudflare, Inc. has a one year low of $89.42 and a one year high of $260.00. 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 capitalization of $70.85 billion, a P/E ratio of -674.18 and a beta of 1.94. The stock has a 50-day moving average price of $210.52 and a 200 day moving average price of $205.08.

Cloudflare (NYSE:NET) last issued its quarterly earnings results 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 during 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 business’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the previous 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. Sell-side analysts forecast that Cloudflare, Inc. will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

NET has been the topic of several recent analyst reports. Guggenheim restated a “sell” rating on shares of Cloudflare in a research report on Tuesday, October 21st. Piper Sandler lifted their price objective on Cloudflare from $224.00 to $249.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Argus raised their price target on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 price objective on shares of Cloudflare in a research report on Tuesday, December 16th. Finally, Robert W. Baird set a $230.00 target price on shares of 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 assigned a Hold rating and two have given 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 $234.78.

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.