Candriam S.C.A. Has $12.55 Million Holdings in Cloudflare, Inc. $NET

Candriam S.C.A. cut its stake in Cloudflare, Inc. (NYSE:NET) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,811 shares of the company’s stock after selling 2,275 shares during the period. Candriam S.C.A.’s holdings in Cloudflare were worth $12,548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of NET. Vanguard Group Inc. grew its stake in shares of Cloudflare by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 32,407,646 shares of the company’s stock valued at $6,389,167,000 after purchasing an additional 90,397 shares during the last quarter. Geode Capital Management LLC raised its position in Cloudflare by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 6,018,175 shares of the company’s stock worth $1,184,044,000 after purchasing an additional 241,981 shares during the last quarter. First Trust Advisors LP raised its position in Cloudflare by 1.6% in the 4th quarter. First Trust Advisors LP now owns 4,019,157 shares of the company’s stock worth $792,377,000 after purchasing an additional 63,198 shares during the last quarter. Invesco Ltd. lifted its holdings in Cloudflare by 1.3% during the 3rd quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock worth $850,792,000 after buying an additional 49,485 shares in the last quarter. Finally, Norges Bank acquired a new position in Cloudflare during the 4th quarter worth $718,316,000. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: BTIG Research raised its price target on Cloudflare to $314 from $269 and kept a Buy rating, signaling further upside potential for the stock. BTIG raises Cloudflare price target
• Positive Sentiment: Scotiabank upgraded Cloudflare to Sector Outperform with a $300 target, citing AI, agentic traffic, edge computing, and zero-trust security as key growth drivers. Scotiabank upgrades Cloudflare
• Positive Sentiment: Multiple articles highlighted Cloudflare as one of the cloud-computing names best positioned to benefit from AI-driven data-center growth in the second half of 2026. Cloudflare named as a top cloud computing stock
• Positive Sentiment: Coverage around Cloudflare’s deal with OpenAI and broader AI infrastructure buzz has added to optimism that the company can capture more AI-related traffic and demand. Cloudflare deal with OpenAI
• Neutral Sentiment: Director Carl Ledbetter sold 5,000 shares, but the transaction was done under a pre-arranged Rule 10b5-1 plan and is not necessarily a negative fundamental signal. Carl Ledbetter sells Cloudflare shares
• Neutral Sentiment: Recent roundup pieces comparing Cloudflare with other content-delivery stocks did not appear to change the investment thesis materially, but they helped keep NET in the spotlight. Cloudflare versus content delivery peers

Cloudflare Price Performance

Cloudflare stock opened at $268.46 on Monday. 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 capitalization of $94.89 billion, a P/E ratio of -1,073.84, a PEG ratio of 270.32 and a beta of 1.67. The business has a 50-day moving average of $231.89 and a 200-day moving average of $207.44. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $280.14.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $639.75 million for the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. Cloudflare’s revenue for the quarter was up 33.5% on a year-over-year basis. During the same period last year, the company 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. On average, equities analysts anticipate that Cloudflare, Inc. will post 0.02 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on NET shares. UBS Group increased their price objective on Cloudflare from $220.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Scotiabank upgraded Cloudflare from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $225.00 to $300.00 in a research report on Tuesday, July 7th. Royal Bank Of Canada upped their price target on Cloudflare from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Morgan Stanley began coverage on Cloudflare in a report on Tuesday, July 7th. They issued an “overweight” rating on the stock. Finally, Wells Fargo & Company started coverage on Cloudflare in a research report on Tuesday, July 7th. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.96.

Insider Transactions at Cloudflare

In other Cloudflare news, Director Carl Ledbetter sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $268.11, for a total value of $1,340,550.00. Following the completion of the sale, the director owned 888,073 shares of the company’s stock, valued at approximately $238,101,252.03. This represents a 0.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,383 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $12,953,268.24. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 626,185 shares of company stock valued at $139,810,855. Corporate insiders own 10.66% of the company’s stock.

Cloudflare Profile

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.