Cloudflare Inc (NYSE: NET) is 4.75% higher on its value in year-to-date trading and has touched a low of $66.24 and a high of $177.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NET stock was last observed hovering at around $106.81 in the last trading session, with the day’s gains setting it 5.99%.
Currently trading at $112.80, the stock is 3.36% and -11.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.59 million and changing 5.61% at the moment leaves the stock 8.85% off its SMA200. NET registered 34.13% gain for a year compared to 6-month gain of 24.23%. The firm has a 50-day simple moving average (SMA 50) of $128.0742 and a 200-day simple moving average (SMA200) of $103.4993.
The stock witnessed a -8.98% loss in the last 1 month and extending the period to 3 months gives it a -8.36%, and is 3.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.02% over the week and 6.89% over the month.
Cloudflare Inc (NET) has around 4263 employees, a market worth around $36.86B and $1.67B in sales. Fwd P/E is 110.92. Profit margin for the company is -4.72%. Distance from 52-week low is 70.29% and -36.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.20%).
with sales reaching $469.51M over the same period.The EPS is expected to grow by 6.19% this year, but quarterly earnings will post 25.55% year-over-year. Quarterly sales are estimated to grow 24.01% in year-over-year returns.
1133.0 institutions hold shares in Cloudflare Inc (NET), with institutional investors hold 87.16% of the company’s shares. The shares outstanding are 307.89M, and float is at 301.95M with Short Float at 1.94%. Institutions hold 86.38% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 33.34 million shares valued at $2.76 billion. The investor’s holdings represent 9.7872 of the NET Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 32.72 million shares valued at $2.71 billion to account for 9.606 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 29.83 million shares representing 8.7572 and valued at over $2.47 billion, while MORGAN STANLEY holds 7.8648 of the shares totaling 26.79 million with a market value of $2.22 billion.
Cloudflare Inc (NET) Insider Activity
The most recent transaction is an insider sale by Zatlyn Michelle, the company’s President and Board Co-Chair. SEC filings show that Zatlyn Michelle sold 25,640 shares of the company’s common stock on Apr 16 ’25 at a price of $110.36 per share for a total of $2.83 million. Following the sale, the insider now owns 0.0 shares.
Cloudflare Inc disclosed in a document filed with the SEC on Apr 17 ’25 that Zatlyn Michelle (President and Board Co-Chair) sold a total of 25,640 shares of the company’s common stock. The trade occurred on Apr 17 ’25 and was made at $109.03 per share for $2.8 million. Following the transaction, the insider now directly holds 0.0 shares of the NET stock.
Still, SEC filings show that on Apr 15 ’25, Zatlyn Michelle (President and Board Co-Chair) disposed off 25,640 shares at an average price of $107.29 for $2.75 million. The insider now directly holds 0 shares of Cloudflare Inc (NET).
