Sands Capital acquired 6.47 Million Cloudflare shares worth $476 Million. That's 1.42% of their equity portfolio (27th largest holding). The investor owns 2.15% of the outstanding Cloudflare stock. Sands Capital started to build up the position in Cloudflare in Q1 2021 and continued to invest until Q3 2022. Since then they sold 9.49 Million shares. The investor's estimated purchase price is $688 Million, resulting in a loss of 31%.
Kwhen Finance, 7 months ago
Cloudflare, Inc (NYSE: NET ) stock is trading higher Monday. RBC Capital analyst Matthew Hedberg maintained an Outperform rating on the stock and raised the ...
Benzinga, 10 months agoCloudflare Inc (NYSE: NET ) issued fourth-quarter earnings Thursday, reporting adjusted EPS of 6 cents on revenue of $274.7 million, beating Wall Street''s e...
Benzinga, over 1 year agohttps://www.investing.com/news/pro/loop-capital-starts-cloudflare-inc-at-hold-432SI-2996438
Investing.com, over 1 year ago