Swiss National Bank Has $191.32 Million Stock Holdings in Cloudflare, Inc. $NET

Swiss National Bank increased its stake in Cloudflare, Inc. (NYSE:NET) by 8.1% during the first quarter, Holdings Channel reports. The firm owned 927,200 shares of the company’s stock after acquiring an additional 69,800 shares during the period. Swiss National Bank’s holdings in Cloudflare were worth $191,318,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of NET. Wiser Advisor Group LLC bought a new stake in Cloudflare during the third quarter worth $26,000. HM Payson & Co. bought a new position in shares of Cloudflare in the 4th quarter valued at $25,000. Wexford Capital LP acquired a new position in shares of Cloudflare during the 3rd quarter worth $30,000. Brown Brothers Harriman & Co. raised its holdings in shares of Cloudflare by 55.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after buying an additional 56 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new stake in shares of Cloudflare during the 4th quarter worth $35,000. 82.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Susquehanna raised their price objective on Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Wells Fargo & Company started coverage on shares of Cloudflare in a report on Tuesday, July 7th. They issued a “neutral” rating for the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $136.00 price target on shares of Cloudflare in a report on Wednesday, June 10th. Barclays raised their target price on shares of Cloudflare from $250.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, Stifel Nicolaus set a $260.00 price target on shares of Cloudflare in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and a consensus price target of $253.41.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Morgan Stanley raised its price target on Cloudflare from $305 to $322 and reiterated an overweight rating, signaling stronger confidence in the company’s upside. This kind of analyst upgrade can help support the stock. Morgan Stanley price target increase on Cloudflare
• Positive Sentiment: Cloudflare launched Precursor, a new bot-management product designed to detect sophisticated automated attacks in real time. The launch reinforces the company’s cybersecurity and privacy narrative, which is a key driver of investor optimism. Cloudflare launches Precursor
• Positive Sentiment: Recent commentary continues to highlight Cloudflare as a beneficiary of rising demand for cybersecurity and AI infrastructure, and the stock has also been mentioned favorably in momentum-stock and “best cybersecurity stocks” roundups. Cloudflare momentum stock article
• Neutral Sentiment: Other recent articles emphasize Cloudflare’s strong three-year run and rising fair-value estimates, but also note that the shares already trade at a rich valuation. That may limit near-term upside if growth does not keep accelerating. Cloudflare valuation article
• Neutral Sentiment: The stock also got a “gains as market dips” mention, reflecting relative strength versus the broader market rather than a company-specific catalyst. Cloudflare gains as market dips article

Cloudflare Trading Up 0.1%

NYSE:NET opened at $277.84 on Monday. The firm’s fifty day moving average is $236.36 and its 200-day moving average is $210.01. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. Cloudflare, Inc. has a 52 week low of $158.83 and a 52 week high of $291.00. The firm has a market cap of $98.21 billion, a P/E ratio of -1,111.37, a P/E/G ratio of 283.00 and a beta of 1.67.

Cloudflare (NYSE:NET) last posted its quarterly earnings data 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 company had revenue of $639.75 million during the quarter, compared to analysts’ expectations of $620.83 million. During the same period in the prior year, the company posted $0.16 earnings per share. Cloudflare’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. Equities analysts expect that Cloudflare, Inc. will post 0.02 earnings per share for the current year.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, insider Michelle Zatlyn sold 25,641 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $219.11, for a total transaction of $5,618,199.51. Following the completion of the sale, the insider directly owned 47,425 shares in the company, valued at approximately $10,391,291.75. This trade represents a 35.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark J. Hawkins sold 133 shares of Cloudflare stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $249.00, for a total value of $33,117.00. Following the completion of the transaction, the director directly owned 10,765 shares of the company’s stock, valued at approximately $2,680,485. This trade represents a 1.22% decrease in their ownership of the stock. 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 ninety days, insiders have sold 590,544 shares of company stock valued at $132,719,009. 10.66% 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.