Caisse Des Depots ET Consignations Invests $1.64 Million in Cloudflare, Inc. $NET

Caisse Des Depots ET Consignations purchased a new stake in shares of Cloudflare, Inc. (NYSE:NET) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,624 shares of the company’s stock, valued at approximately $1,636,000.

Other hedge funds also recently bought and sold shares of the company. Empowered Funds LLC raised its holdings in Cloudflare by 34.2% in the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock worth $750,000 after buying an additional 1,696 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Cloudflare during the second quarter valued at approximately $424,000. Ameritas Advisory Services LLC purchased a new position in Cloudflare in the 2nd quarter worth approximately $39,000. IFP Advisors Inc lifted its position in Cloudflare by 32.7% in the 2nd quarter. IFP Advisors Inc now owns 2,049 shares of the company’s stock valued at $401,000 after acquiring an additional 505 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in Cloudflare by 25.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 3,696 shares of the company’s stock valued at $724,000 after purchasing an additional 761 shares during the last quarter. Institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Performance

Shares of NET opened at $189.72 on Thursday. The business has a 50-day simple moving average of $190.74 and a two-hundred day simple moving average of $204.92. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. Cloudflare, Inc. has a 52 week low of $89.42 and a 52 week high of $260.00. The stock has a market cap of $66.45 billion, a price-to-earnings ratio of -654.17, a PEG ratio of 156.00 and a beta of 1.97.

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

Key Cloudflare News

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

Insider Buying and Selling

In other news, insider Michelle Zatlyn sold 35,099 shares of the company’s stock in a transaction dated 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Thomas J. Seifert sold 41,555 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $194.18, for a total value of $8,069,149.90. Following the sale, the chief financial officer owned 137,486 shares of the company’s stock, valued at $26,697,031.48. This represents a 23.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 633,347 shares of company stock valued at $124,873,834. Company insiders own 10.89% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on NET shares. Mizuho decreased their price target on Cloudflare from $280.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Citigroup decreased their target price on Cloudflare from $318.00 to $260.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Guggenheim upped their target price on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cloudflare in a research note on Wednesday, January 21st. Finally, KeyCorp reissued an “overweight” rating on shares of Cloudflare in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $235.21.

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.