Cloudflare Inc (NYSE: NET) is 43.47% 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 $150.36 in the last trading session, with the day’s gains setting it 4.13%.
Currently trading at $154.49, the stock is 25.48% and 30.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.49 million and changing 2.75% at the moment leaves the stock 44.13% off its SMA200. NET registered 114.81% gain for a year compared to 6-month gain of 69.30%.
The stock witnessed a 44.22% loss in the last 1 month and extending the period to 3 months gives it a -10.61%, and is 26.93% 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 4.48% over the week and 3.89% over the month.
Cloudflare Inc (NET) has around 4263 employees, a market worth around $53.55B and $1.77B in sales. Fwd P/E is 149.94. Profit margin for the company is -4.62%. Distance from 52-week low is 133.23% and -12.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.87%).
The EPS is expected to grow by 6.39% this year
The shares outstanding are 309.99M, and float is at 304.19M with Short Float at 2.00%.
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
Cloudflare Inc disclosed in a document filed with the SEC on May 01 ’25 that Kramer Douglas James (Chief Legal Officer) sold a total of 3,000 shares of the company’s common stock. The trade occurred on May 01 ’25 and was made at $124.16 per share for $0.37 million. Following the transaction, the insider now directly holds 0.19 million shares of the NET stock.
Still, SEC filings show that on May 01 ’25, DOUGLAS KRAMER (Officer) Proposed Sale 3,000 shares at an average price of $124.16 for $0.37 million. The insider now directly holds shares of Cloudflare Inc (NET).
