Cloudflare, Inc. $NET Shares Acquired by Groupama Asset Managment

Groupama Asset Managment raised its stake in shares of Cloudflare, Inc. (NYSE:NET) by 82.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,100,000 shares of the company’s stock after buying an additional 950,000 shares during the period. Cloudflare comprises about 1.6% of Groupama Asset Managment’s investment portfolio, making the stock its 9th biggest holding. Groupama Asset Managment’s holdings in Cloudflare were worth $450,639,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Cloudflare during the second quarter valued at $541,462,000. Vanguard Group Inc. increased its holdings in Cloudflare by 2.6% in the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock worth $6,934,958,000 after buying an additional 821,684 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Cloudflare during the 3rd quarter worth $138,660,000. Massachusetts Financial Services Co. MA increased its position in Cloudflare by 96.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,302,893 shares of the company’s stock worth $279,588,000 after buying an additional 639,245 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in Cloudflare during the second quarter valued at about $87,868,000. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada boosted their target price on Cloudflare from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. KeyCorp restated an “overweight” rating on shares of Cloudflare in a report on Wednesday, February 11th. Morgan Stanley set a $245.00 price target on Cloudflare in a research report on Wednesday, February 11th. Guggenheim lifted their price objective on Cloudflare from $117.00 to $140.00 and gave the stock a “sell” rating in a research note on Wednesday, February 11th. Finally, Zacks Research raised Cloudflare from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $233.38.

Insider Buying and Selling

In other Cloudflare news, CAO Janel Riley sold 23,332 shares of Cloudflare stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $190.00, for a total transaction of $4,433,080.00. Following the completion of the transaction, the chief accounting officer directly owned 56,791 shares of the company’s stock, valued at approximately $10,790,290. This trade represents a 29.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew Prince sold 13,618 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $227.80, for a total transaction of $3,102,180.40. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 638,799 shares of company stock valued at $121,556,536. 10.89% of the stock is currently owned by company insiders.

Key Stories Impacting Cloudflare

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 Trading Up 6.6%

Shares of NET stock opened at $225.45 on Thursday. The firm has a fifty day moving average of $186.34 and a 200-day moving average of $203.14. The stock has a market cap 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 issued its earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.24%. The business had revenue of $614.51 million for the quarter, compared to analyst estimates of $591.67 million. During the same period in the previous year, the business earned $0.19 EPS. The firm’s revenue was up 33.6% on a year-over-year basis. On average, equities research analysts forecast that Cloudflare, Inc. will post -0.11 earnings per share for the current fiscal year.

Cloudflare 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.