Baader Bank Aktiengesellschaft Makes New Investment in Cloudflare, Inc. $NET

Baader Bank Aktiengesellschaft purchased a new stake in Cloudflare, Inc. (NYSE:NET) in the 1st quarter, HoldingsChannel reports. The fund purchased 9,400 shares of the company’s stock, valued at approximately $1,911,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quadrant Private Wealth Management LLC boosted its position in shares of Cloudflare by 3.2% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,653 shares of the company’s stock worth $341,000 after purchasing an additional 51 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in shares of Cloudflare by 2.6% during the first quarter. Jamison Private Wealth Management Inc. now owns 2,064 shares of the company’s stock valued at $426,000 after acquiring an additional 52 shares in the last quarter. Revisor Wealth Management LLC raised its position in shares of Cloudflare by 4.0% during the first quarter. Revisor Wealth Management LLC now owns 1,390 shares of the company’s stock worth $287,000 after purchasing an additional 53 shares during the period. IMA Advisory Services Inc. raised its position in shares of Cloudflare by 4.5% during the fourth quarter. IMA Advisory Services Inc. now owns 1,290 shares of the company’s stock worth $254,000 after purchasing an additional 55 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of Cloudflare by 55.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 56 shares in the last quarter. 82.68% of the stock is owned by institutional investors.

Cloudflare Stock Down 1.9%

NET opened at $272.27 on Tuesday. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $291.00. The firm has a market capitalization of $96.24 billion, a P/E ratio of -1,089.08, a PEG ratio of 283.00 and a beta of 1.67. The company’s 50-day moving average is $237.94 and its 200 day moving average is $210.52. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.96 and a quick ratio of 1.96.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $639.75 million for the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company’s revenue was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Research analysts expect that Cloudflare, Inc. will post 0.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Matthew Prince sold 52,422 shares of Cloudflare stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $249.09, for a total transaction of $13,057,795.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 35,080 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the completion of the transaction, the insider directly owned 47,425 shares in the company, valued at $10,148,001.50. This trade represents a 42.52% 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. Insiders sold a total of 590,544 shares of company stock valued at $132,719,009 in the last 90 days. Corporate insiders own 10.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NET. Citigroup restated a “market outperform” rating on shares of Cloudflare in a research note on Monday. TD Cowen upped their target price on shares of Cloudflare from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, July 13th. BTIG Research raised their price target on shares of Cloudflare from $269.00 to $314.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $230.00 price target (up from $224.00) on shares of Cloudflare in a research report on Wednesday, June 10th. Finally, Citizens Jmp raised their target price on Cloudflare from $270.00 to $330.00 and gave the company a “market outperform” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $256.74.

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.