Banque Cantonale Vaudoise lowered its position in Cloudflare, Inc. (NYSE:NET – Free Report) by 26.4% during the 4th quarter, Holdings Channel reports. The firm owned 24,384 shares of the company’s stock after selling 8,726 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Cloudflare were worth $4,807,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Cloudflare during the fourth quarter worth $314,000. PNC Financial Services Group Inc. lifted its holdings in shares of Cloudflare by 8.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 11,869 shares of the company’s stock valued at $2,340,000 after purchasing an additional 923 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Cloudflare by 36.4% during the 4th quarter. Larson Financial Group LLC now owns 4,679 shares of the company’s stock valued at $922,000 after purchasing an additional 1,249 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Cloudflare by 7.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,112 shares of the company’s stock valued at $1,402,000 after purchasing an additional 489 shares during the last quarter. Finally, WD Rutherford LLC purchased a new stake in shares of Cloudflare during the 4th quarter valued at $925,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently commented on the company. BTIG Research reiterated a “buy” rating and set a $243.00 price objective on shares of Cloudflare in a report on Friday, May 8th. New Street Research set a $140.00 price objective on Cloudflare in a report on Wednesday, February 11th. Piper Sandler reiterated an “overweight” rating and set a $250.00 price objective (up from $222.00) on shares of Cloudflare in a report on Friday, May 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $224.00 price objective on shares of Cloudflare in a report on Wednesday, February 11th. Finally, Truist Financial set a $225.00 target price on Cloudflare in a research report on Tuesday, January 20th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $236.68.
Cloudflare Price Performance
NYSE:NET opened at $206.81 on Wednesday. Cloudflare, Inc. has a 52 week low of $154.93 and a 52 week high of $260.00. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $73.10 billion, a PE ratio of -827.25 and a beta of 1.67. The stock’s 50-day moving average price is $207.36 and its 200-day moving average price is $199.61.
Cloudflare (NYSE:NET – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The firm had revenue of $639.76 million for the quarter, compared to analysts’ expectations of $620.83 million. During the same period last year, the firm earned $0.16 EPS. The company’s quarterly revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, equities analysts expect that Cloudflare, Inc. will post -0.08 EPS for the current fiscal year.
Cloudflare News Roundup
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Cloudflare announced a collaboration with Anthropic to launch Cloudflare Environments for Claude Managed Agents, which could strengthen its positioning in AI infrastructure and developer tooling. Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents
- Positive Sentiment: Recent coverage highlighted Cloudflare’s AI-first pivot and workforce reduction as part of a strategy to improve efficiency while expanding AI products, which may be viewed as a margin and growth catalyst. Cloudflare Reshapes Business With AI Pivot And 20% Workforce Cut
- Positive Sentiment: Investor interest in AI-linked internet software names and a sectorwide lift after a strong Cisco report have also helped sentiment around NET. Why Cloudflare (NET) Stock Is Trading Up Today
- Neutral Sentiment: Analyst and media commentary continues to group Cloudflare with other AI software beneficiaries, but this is more sentiment-driven than a new fundamental update. Fastly’s Compute Revenues Surge: Is AI Demand Powering Growth?
- Negative Sentiment: Chief accounting officer Janel Riley sold shares in two separate transactions, and CFO Thomas J. Seifert also sold 10,000 shares, which can create some short-term pressure even though all were under pre-arranged 10b5-1 plans.
Insider Activity at Cloudflare
In other news, insider Michelle Zatlyn sold 35,080 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $187.39, for a total transaction of $6,573,641.20. Following the transaction, the insider directly owned 34,514 shares in the company, valued at $6,467,578.46. The trade was a 50.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $173.78, for a total value of $9,103,291.52. Following the transaction, the chief executive officer owned 22,911 shares in the company, valued at approximately $3,981,473.58. This represents a 69.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 653,060 shares of company stock valued at $128,655,860. 10.89% of the stock is owned by corporate insiders.
About Cloudflare
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.
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