Towarzystwo Funduszy Inwestycyjnych PZU SA Buys 3,755 Shares of Cloudflare, Inc. $NET

Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in Cloudflare, Inc. (NYSE:NET) by 70.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,100 shares of the company’s stock after purchasing an additional 3,755 shares during the quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA’s holdings in Cloudflare were worth $1,794,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in NET. HM Payson & Co. bought a new stake in shares of Cloudflare in the 4th quarter worth approximately $25,000. Wiser Advisor Group LLC purchased a new position in Cloudflare in the 3rd quarter worth approximately $26,000. Wexford Capital LP purchased a new position in Cloudflare in the 3rd quarter worth approximately $30,000. Ameriflex Group Inc. raised its holdings in Cloudflare by 105.6% in the 3rd quarter. Ameriflex Group Inc. now owns 148 shares of the company’s stock worth $32,000 after acquiring an additional 76 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in Cloudflare by 55.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares during the last quarter. 82.68% of the stock is owned by institutional investors.

Insider Activity

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 completion of the sale, the director owned 37,430 shares of the company’s stock, valued at $9,466,795.60. The trade was a 0.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $200.61, for a total transaction of $2,006,100.00. Following the sale, the chief financial officer directly owned 212,014 shares of the company’s stock, valued at approximately $42,532,128.54. The trade was a 4.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 475,400 shares of company stock worth $100,851,370. Company insiders own 10.66% of the company’s stock.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Truist Financial raised its price target on Cloudflare to $250 from $225 and reiterated a buy rating, implying further upside from current levels. Truist raises Cloudflare price target
• Positive Sentiment: Morgan Stanley also sharply increased its Cloudflare price target, adding to the bullish analyst backdrop and reinforcing the view that expectations for the company are improving. Morgan Stanley raises Cloudflare price target
• Positive Sentiment: Barclays kept a buy rating on Cloudflare, while other reports noted Wall Street’s overall average recommendation remains equivalent to a Buy, supporting investor confidence in the stock. Barclays keeps buy rating on Cloudflare
• Positive Sentiment: Zacks said Cloudflare may be well poised for a surge because of solid earnings estimate revisions, which often signals improving fundamentals and stronger near-term sentiment. Zacks says Cloudflare may surge
• Neutral Sentiment: Jim Cramer commented that Cloudflare’s long-term direction looks “pretty fabulous,” but also noted the stock has been volatile, making the takeaway more of a commentary on long-term prospects than a direct catalyst. Jim Cramer comments on Cloudflare
• Negative Sentiment: One report flagged a new sell recommendation for Cloudflare, suggesting some analysts remain cautious despite the broader bullish tone. Cloudflare new sell recommendation

Cloudflare Price Performance

Shares of NET opened at $227.91 on Monday. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $276.82. The firm has a fifty day simple moving average of $216.10 and a two-hundred day simple moving average of $201.73. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. The firm has a market cap of $80.56 billion, a PE ratio of -911.62, a P/E/G ratio of 481.14 and a beta of 1.70.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $639.76 million during the quarter, compared to the consensus estimate of $620.83 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The company’s revenue for the quarter was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, equities analysts anticipate that Cloudflare, Inc. will post 0.01 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $136.00 price objective on shares of Cloudflare in a report on Wednesday. KeyCorp restated an “overweight” rating on shares of Cloudflare in a report on Wednesday. Piper Sandler restated an “overweight” rating on shares of Cloudflare in a report on Wednesday. Needham & Company LLC boosted their price objective on shares of Cloudflare from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Finally, Citigroup assumed coverage on shares of Cloudflare in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Twenty analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $241.35.

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.