Swiss Life Asset Management Ltd Cuts Stock Holdings in Cloudflare, Inc. $NET

Swiss Life Asset Management Ltd decreased its position in shares of Cloudflare, Inc. (NYSE:NET) by 9.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 25,858 shares of the company’s stock after selling 2,851 shares during the period. Swiss Life Asset Management Ltd’s holdings in Cloudflare were worth $5,098,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NET. Physician Wealth Advisors Inc. grew its holdings in shares of Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 104 shares during the last quarter. Wiser Advisor Group LLC bought a new position in Cloudflare during the third quarter valued at approximately $26,000. Westside Investment Management Inc. lifted its position in Cloudflare by 100.0% during the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares during the period. Wexford Capital LP bought a new position in Cloudflare during the third quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC bought a new position in Cloudflare during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Up 3.4%

NET opened at $193.05 on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.98 and a debt-to-equity ratio of 1.29. Cloudflare, Inc. has a 1-year low of $150.45 and a 1-year high of $260.00. The company has a market capitalization of $67.95 billion, a PE ratio of -772.20 and a beta of 1.67. The firm’s 50 day simple moving average is $206.31 and its two-hundred day simple moving average is $200.25.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business had revenue of $639.76 million for the quarter, compared to the consensus estimate of $620.83 million. During the same period last year, the firm earned $0.16 earnings per share. 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 forecast that Cloudflare, Inc. will post -0.1 EPS for the current year.

Insiders Place Their Bets

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $173.78, for a total value of $9,103,291.52. Following the transaction, the chief executive officer directly owned 22,911 shares in the company, valued at approximately $3,981,473.58. This trade represents a 69.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Thomas J. Seifert sold 41,557 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $185.04, for a total transaction of $7,689,707.28. Following the completion of the transaction, the chief financial officer owned 85,452 shares in the company, valued at $15,812,038.08. The trade was a 32.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 636,246 shares of company stock worth $125,320,379. Company insiders own 10.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NET. Guggenheim increased their price objective on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Stifel Nicolaus set a $260.00 price objective on shares of Cloudflare in a research report on Friday, May 8th. UBS Group restated a “neutral” rating and set a $220.00 price objective on shares of Cloudflare in a research report on Wednesday, February 11th. KeyCorp downgraded shares of Cloudflare from an “overweight” rating to a “hold” rating in a research report on Wednesday, April 15th. Finally, Citigroup began coverage on shares of Cloudflare in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Cloudflare currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.68.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Wall Street analysts are pointing to about 27.7% upside for Cloudflare based on average price targets, and recent earnings estimate revisions have been trending higher, which can support the stock. Article: Wall Street Analysts Predict a 27.73% Upside in Cloudflare (NET): Here’s What You Should Know
• Positive Sentiment: Another analyst-focused note said Cloudflare’s average brokerage rating remains favorable, reinforcing the view that sell-side sentiment is still constructive on the name. Article: Wall Street Analysts Think Cloudflare (NET) Is a Good Investment: Is It?
• Positive Sentiment: Investor attention remains high around Cloudflare, which can keep the stock active and support buying interest if traders continue to focus on its growth profile. Article: Cloudflare, Inc. (NET) Is a Trending Stock: Facts to Know Before Betting on It

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.