Advisor Group Holdings Boosts Investment in Cloudflare by 12.9% in Q4 of FY 2020

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In the fourth quarter of the 2020 financial year, Advisor Group Holdings saw a 12.9% increase in their ownership of shares in Cloudflare ($NYSE:NET), Inc. Cloudflare is a cloud computing company that provides a wide range of services, including content delivery network (CDN) services, domain name system (DNS) services, distributed denial-of-service (DDoS) protection, and web application firewalls. Cloudflare’s services are trusted by some of the world’s most prominent companies, including IBM, Microsoft, and Visa. The increase in Advisor Group Holdings’ stake in Cloudflare is an indication of its confidence in the company’s long-term future.

Cloudflare’s suite of services continues to grow, allowing it to meet the needs of an increasingly digital world. With Cloudflare’s share price increasing in the last quarter of the 2020 financial year, it may be an attractive investment for those looking for steady growth and returns.

Analysis

At GoodWhale, we have completed an analysis of CLOUDFLARE’s fundamentals. The analysis reveals that CLOUDFLARE is a medium risk investment when considering its financial and business aspects. We have identified two risk warnings in the company’s balance sheet and cashflow statement that should be taken into consideration before investing. To view more detailed information on CLOUDFLARE, register at goodwhale.com. Cloudflare_by_12.9_in_Q4_of_FY_2020″>More…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cloudflare. More…

Key Ratios Snapshot

Some of the financial key ratios for Cloudflare are shown below. More…

Peers

Cloudflare Inc is a leading provider of internet security and performance services. Its main competitors are Okta Inc, Ubiquitous AI Corp, NetLinkz Ltd.

– Okta Inc ($NASDAQ:OKTA)

Okta, Inc. is a publicly traded company with a market capitalization of $8.27 billion as of April 2021. The company provides a platform that helps organizations manage and secure user identities and access to applications. Okta’s products are used by more than 8,000 customers, including some of the world’s largest companies. The company has a negative return on equity of 9.74% as of April 2021.

– Ubiquitous AI Corp ($TSE:3858)

Ubiquitous AI Corp is a leading provider of artificial intelligence technology and services. The company has a market cap of 4.16B as of 2022 and a return on equity of 0.0%. Ubiquitous AI Corp is a pioneer in the development and application of artificial intelligence technology. The company’s technology is used in a wide range of industries, including automotive, healthcare, finance, manufacturing, and retail.

– NetLinkz Ltd ($ASX:NET)

NetLinkz Ltd is a publicly traded company with a market capitalization of 81.85 million as of 2022. The company has a Return on Equity of -33.68%. NetLinkz is a provider of software-defined networking and security solutions. The company’s products are used by enterprises, service providers, and government organizations to improve network performance and security.

Summary

Advisor Group Holdings, a leading wealth management firm, has demonstrated its commitment to Cloudflare, Inc. by increasing its shares by 12.9% during the fourth quarter of the 2020 fiscal year. This indicates that investors are keen on the long-term potential of the company and remain confident in its ability to generate returns. In addition, the company recently announced a strategic partnership with Google Cloud that is likely to spur further growth and expansion. As such, this is an opportune time to invest in Cloudflare as its shares are likely to appreciate further in the near future.