Towarzystwo Funduszy Inwestycyjnych PZU SA Grows Stock Holdings in Cloudflare, Inc. $NET

Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in shares of Cloudflare, Inc. (NYSE:NET) by 70.3% during the fourth quarter, according to its most recent disclosure 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 period. Towarzystwo Funduszy Inwestycyjnych PZU SA’s holdings in Cloudflare were worth $1,794,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Trek Financial LLC purchased a new position in shares of Cloudflare in the fourth quarter worth about $1,793,000. Lingotto Investment Management LLP purchased a new position in shares of Cloudflare in the fourth quarter worth about $34,626,000. Jupiter Asset Management Ltd. increased its holdings in shares of Cloudflare by 1,984.7% in the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock worth $38,979,000 after buying an additional 188,226 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Cloudflare by 25.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after buying an additional 336,768 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Cloudflare by 275.6% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 37,072 shares of the company’s stock worth $7,348,000 after buying an additional 27,202 shares during the period. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Performance

Cloudflare stock opened at $227.91 on Monday. The stock’s 50 day simple moving average is $216.10 and its two-hundred day simple moving average is $201.73. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a market cap of $80.56 billion, a price-to-earnings ratio of -911.62, a PEG ratio of 481.14 and a beta of 1.70. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $276.82.

Cloudflare (NYSE:NET) last posted its quarterly earnings data 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 return on equity of 5.65% and a negative net margin of 3.72%.The business’s revenue was up 33.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 EPS. 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, analysts expect that Cloudflare, Inc. will post 0.01 earnings per share for the current fiscal year.

Key Cloudflare News

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

Insider Transactions at Cloudflare

In other news, insider Michelle Zatlyn sold 25,641 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $211.83, for a total value of $5,431,533.03. Following the sale, the insider directly owned 47,425 shares of the company’s stock, valued at $10,046,037.75. The trade was a 35.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $216.15, for a total value of $3,510,924.45. Following the completion of the sale, the insider directly owned 118,395 shares in the company, valued at approximately $25,591,079.25. This represents a 12.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 475,400 shares of company stock worth $100,851,370. Company insiders own 10.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NET shares. Zacks Research upgraded Cloudflare from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Sanford C. Bernstein reissued a “market perform” rating and issued a $136.00 target price on shares of Cloudflare in a research note on Wednesday. Mizuho raised their target price on Cloudflare from $235.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday. Citigroup started coverage on Cloudflare in a research note on Wednesday, April 15th. They issued a “buy” rating on the stock. Finally, BTIG Research raised their target price on Cloudflare from $243.00 to $269.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Twenty 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. Based on data from MarketBeat, Cloudflare presently has an average rating of “Moderate Buy” and a consensus price target 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.