Caisse Des Depots ET Consignations Makes New Investment in Cloudflare, Inc. $NET

Caisse Des Depots ET Consignations acquired a new stake in shares of Cloudflare, Inc. (NYSE:NET) in the third quarter, HoldingsChannel reports. The firm acquired 7,624 shares of the company’s stock, valued at approximately $1,636,000.

A number of other hedge funds also recently made changes to their positions in NET. Savvy Advisors Inc. purchased a new position in Cloudflare during the 3rd quarter valued at approximately $412,000. Krilogy Financial LLC bought a new position in shares of Cloudflare during the 3rd quarter valued at approximately $355,000. Stratos Wealth Partners LTD. grew its holdings in shares of Cloudflare by 9.3% in the third quarter. Stratos Wealth Partners LTD. now owns 7,292 shares of the company’s stock valued at $1,565,000 after purchasing an additional 621 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new stake in Cloudflare in the third quarter worth $1,247,000. Finally, Versor Investments LP purchased a new stake in Cloudflare during the third quarter valued at $407,000. 82.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $195.32, for a total transaction of $10,231,642.88. Following the transaction, the chief executive officer directly owned 22,175 shares in the company, valued at $4,331,221. This trade represents a 70.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michelle Zatlyn sold 35,099 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $199.26, for a total value of $6,993,826.74. Following the completion of the sale, the insider owned 24,555 shares of the company’s stock, valued at $4,892,829.30. This represents a 58.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 633,347 shares of company stock valued at $124,873,834 over the last quarter. 10.89% of the stock is owned by corporate insiders.

Cloudflare Trading Up 5.4%

NET stock opened at $189.72 on Thursday. Cloudflare, Inc. has a 12 month low of $89.42 and a 12 month high of $260.00. The firm’s 50-day moving average is $190.74 and its 200 day moving average is $204.92. The company has a market capitalization of $66.45 billion, a PE ratio of -654.17, a P/E/G ratio of 156.00 and a beta of 1.97. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. Cloudflare had a negative net margin of 4.72% and a negative return on equity of 7.40%. The firm’s quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 EPS. On average, research analysts anticipate that Cloudflare, Inc. will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $224.00 price objective on shares of Cloudflare in a research note on Wednesday. Wall Street Zen upgraded Cloudflare from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Piper Sandler boosted their price objective on Cloudflare from $220.00 to $222.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, January 21st. Finally, JMP Securities set a $270.00 target price on Cloudflare in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Cloudflare presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.21.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 results beat expectations — revenue $614.5M (+33.6% YoY) and EPS $0.28, above consensus; management highlighted record ACV and strong RPO/cRPO growth. Business Wire: Q4 results
• Positive Sentiment: Company issued revenue guidance above Street estimates (2026 revenue target cited at ~$2.795B) and raised near-term outlook, signaling confidence in AI-driven demand. Reuters: Guidance and AI demand
• Positive Sentiment: AI agent tailwind — management and multiple outlets point to rising agentic traffic (e.g., Moltbot) boosting security, networking usage and a “virtuous flywheel” for Cloudflare. This narrative is driving investor enthusiasm. CNBC: AI agent wave
• Positive Sentiment: Analyst support: several firms raised price targets or reiterated bullish ratings (notably Wells Fargo to $270 and Barclays to $250), providing additional upside narratives. Benzinga: Analyst moves
• Neutral Sentiment: Cantor Fitzgerald reaffirmed a neutral rating with a $224 target — signals mixed sentiment despite earnings strength. Street Insider: Cantor Fitzgerald
• Neutral Sentiment: Needham trimmed its price target (from $285 to $250) but kept a buy rating — a modestly cautious tone amid continued upside thesis. Street Insider: Needham PT change
• Negative Sentiment: Insider sale: Director John Graham-Cumming sold 2,520 shares (small portion of his position); disclosed on an SEC Form 4. While not large relative to his holdings, insider sales can raise short-term concerns. SEC: Form 4
• Negative Sentiment: Institutional trimming: Alfreton Capital reduced its Cloudflare stake by ~55% in the latest filing, indicating some institutional profit-taking. DefenseWorld: Alfreton selling
• Negative Sentiment: Some analysts trimmed targets (e.g., Scotiabank cut PT to $225), introducing mixed short-term analyst sentiment despite overall bullish tilt. TickerReport: Scotiabank PT cut

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.