Varma Mutual Pension Insurance Co Increases Stock Position in Cloudflare, Inc. $NET

Varma Mutual Pension Insurance Co grew its holdings in Cloudflare, Inc. (NYSE:NET) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,900 shares of the company’s stock after purchasing an additional 4,800 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Cloudflare were worth $12,854,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Physician Wealth Advisors Inc. grew its holdings in Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares during the last quarter. Westside Investment Management Inc. lifted its position in shares of Cloudflare by 100.0% in the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares in the last quarter. ORG Wealth Partners LLC boosted its stake in shares of Cloudflare by 101.4% during the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock valued at $30,000 after acquiring an additional 70 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Cloudflare during the second quarter valued at $29,000. Finally, Harbor Investment Advisory LLC purchased a new stake in Cloudflare during the 3rd quarter worth about $32,000. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Cloudflare Stock Down 2.1%

Shares of NET opened at $185.48 on Friday. Cloudflare, Inc. has a fifty-two week low of $89.42 and a fifty-two week high of $260.00. The company’s fifty day moving average is $190.36 and its two-hundred day moving average is $204.79. The firm has a market cap of $64.97 billion, a PE ratio of -639.56, a price-to-earnings-growth ratio of 164.18 and a beta of 1.97. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46.

Cloudflare (NYSE:NET) last issued its earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The business had revenue of $614.51 million for the quarter, compared to analyst estimates of $591.67 million. During the same period last year, the company posted $0.19 EPS. The business’s quarterly revenue was up 33.6% on a year-over-year basis. Analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on NET shares. Citizens Jmp upped their target price on shares of Cloudflare from $250.00 to $270.00 and gave the company a “market outperform” rating in a report on Friday, October 31st. Truist Financial set a $225.00 price objective on shares of Cloudflare in a research note on Tuesday, January 20th. Susquehanna set a $190.00 target price on shares of Cloudflare in a research note on Thursday. Jefferies Financial Group increased their price target on Cloudflare from $185.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Royal Bank Of Canada raised their price objective on Cloudflare from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has an average rating of “Moderate Buy” and an average price target of $232.89.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat and bullish guidance — Cloudflare reported revenue of $614.5M (+33.6% YoY) and EPS above consensus, and issued full-year revenue guidance ahead of Street estimates; management cited record ACV and RPO strength. Cloudflare Q4 and guidance
• Positive Sentiment: AI-agent driven revenue tailwind — Management and multiple reports point to rising agentic traffic (e.g., Moltbot) increasing demand for Cloudflare’s security and networking services, framing a “virtuous flywheel” for growth. CNBC: AI agent wave
• Positive Sentiment: Analyst upgrades and higher targets — Several firms raised or reinforced bullish views (e.g., Robert W. Baird upgrade to outperform with a $260 PT; Wells Fargo and Barclays raised targets), supporting upside expectations. Zacks: Baird upgrade
• Positive Sentiment: Unusually large call buying — Traders bought ~13,474 call options in one session, signaling speculative bullish positioning around the post-earnings move. Options activity report
• Neutral Sentiment: Mixed analyst reactions — Some firms (e.g., Cantor Fitzgerald) kept neutral ratings even as others upped targets, reflecting differing views on valuation vs. growth. Zacks: analyst overview
• Negative Sentiment: Insider selling disclosed — Director John Graham‑Cumming sold 2,520 shares (small vs. his holdings); insiders trimming can create short-term nervousness. SEC Form 4
• Negative Sentiment: Institutional profit-taking and some PT cuts — Reports show at least one institutional seller trimming its stake and a few analysts trimmed price targets (e.g., Scotiabank), adding short-term downward pressure on sentiment. TickerReport: analyst PT changes

Insider Transactions at Cloudflare

In related news, CFO Thomas J. Seifert sold 41,555 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $194.18, for a total value of $8,069,149.90. Following the transaction, the chief financial officer owned 137,486 shares in the company, valued at approximately $26,697,031.48. This trade represents a 23.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michelle Zatlyn sold 35,099 shares of Cloudflare stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $199.26, for a total transaction of $6,993,826.74. Following the transaction, the insider directly owned 24,555 shares in the company, valued at approximately $4,892,829.30. This trade represents a 58.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 633,347 shares of company stock worth $124,873,834 in the last three months. 10.89% of the stock is currently owned by company 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.