Fiera Capital Corp Increases Stock Position in Cloudflare, Inc. $NET

Posted by Brenda Bartman on Jun 9th, 2026

Fiera Capital Corp boosted its stake in Cloudflare, Inc. (NYSE:NET – Free Report) by 34.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,414 shares of the company’s stock after purchasing an additional 31,298 shares during the quarter. Fiera Capital Corp’s holdings in Cloudflare were worth $24,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of Cloudflare during the third quarter worth approximately $26,000. Wexford Capital LP purchased a new position in shares of Cloudflare during the third quarter worth approximately $30,000. Ameriflex Group Inc. raised its stake in shares of Cloudflare by 105.6% during the third quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Cloudflare by 55.4% during the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of Cloudflare during the fourth quarter worth approximately $35,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Katrin Suder sold 293 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $252.92, for a total transaction of $74,105.56. Following the sale, the director owned 37,430 shares in the company, valued at approximately $9,466,795.60. The trade was a 0.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $211.83, for a total transaction of $5,431,533.03. Following the sale, the insider owned 47,425 shares in the company, valued at approximately $10,046,037.75. This trade represents a 35.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 527,784 shares of company stock valued at $111,803,817 over the last quarter. 10.89% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NET has been the topic of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Cloudflare in a research note on Friday, May 22nd. BTIG Research reissued a “buy” rating and set a $243.00 price target on shares of Cloudflare in a research note on Friday, May 8th. DZ Bank raised shares of Cloudflare from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research note on Friday, February 13th. Citigroup initiated coverage on shares of Cloudflare in a research note on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, Piper Sandler reissued an “overweight” rating and set a $250.00 price target (up from $222.00) on shares of Cloudflare in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.08.

Read Our Latest Analysis on Cloudflare

Cloudflare Stock Performance

NYSE:NET opened at $248.01 on Tuesday. The stock has a market cap of $87.67 billion, a P/E ratio of -992.06, a price-to-earnings-growth ratio of 4,194.92 and a beta of 1.70. The firm’s fifty day simple moving average is $214.09 and its 200 day simple moving average is $200.73. Cloudflare, Inc. has a twelve month low of $158.83 and a twelve month high of $276.82. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $639.76 million for the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.16 earnings per share. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

Cloudflare Company Profile

(Free Report)

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.