Cloudflare, Inc. $NET Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its position in Cloudflare, Inc. (NYSE:NET) by 3.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 65,728 shares of the company’s stock after selling 2,200 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Cloudflare were worth $12,958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of NET. Allianz Asset Management GmbH lifted its position in Cloudflare by 322.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock worth $13,987,000 after acquiring an additional 49,749 shares during the period. Trek Financial LLC acquired a new stake in Cloudflare during the 4th quarter worth approximately $1,793,000. Lingotto Investment Management LLP acquired a new stake in Cloudflare during the 4th quarter worth approximately $34,626,000. Massachusetts Financial Services Co. MA lifted its position in Cloudflare by 25.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after acquiring an additional 336,768 shares during the period. Finally, Jupiter Asset Management Ltd. lifted its position in Cloudflare by 1,984.7% during the 4th quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock worth $38,979,000 after acquiring an additional 188,226 shares during the period. 82.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NET has been the topic of a number of analyst reports. KeyCorp lowered shares of Cloudflare from an “overweight” rating to a “hold” rating in a research report on Wednesday, April 15th. Morgan Stanley reiterated an “overweight” rating and issued a $305.00 price objective on shares of Cloudflare in a research report on Thursday. Barclays reiterated an “overweight” rating and issued a $250.00 price objective on shares of Cloudflare in a research report on Monday, June 1st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Cloudflare in a research report on Friday, May 22nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $224.00 price objective on shares of Cloudflare in a report on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.08.

Cloudflare Price Performance

Shares of NYSE NET opened at $250.35 on Friday. The firm has a market capitalization of $88.49 billion, a P/E ratio of -1,001.40 and a beta of 1.70. Cloudflare, Inc. has a one year low of $158.83 and a one year high of $276.82. The company’s fifty day moving average is $213.32 and its two-hundred day moving average is $200.38. 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 (NYSE:NET) last issued its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business’s revenue was up 33.5% on a year-over-year basis. During the same period in the previous year, the firm earned $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.

Insider Activity at Cloudflare

In other news, CAO Janel Riley sold 3,481 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $193.32, for a total transaction of $672,946.92. Following the sale, the chief accounting officer owned 49,163 shares of the company’s stock, valued at $9,504,191.16. The trade was a 6.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $200.61, for a total value of $2,006,100.00. Following the completion of the sale, the chief financial officer owned 212,014 shares in the company, valued at approximately $42,532,128.54. This represents 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. In the last 90 days, insiders sold 527,491 shares of company stock worth $111,729,711. 10.89% of the stock is currently owned by company insiders.

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.