Cloudflare, Inc. $NET Holdings Lessened by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its stake in Cloudflare, Inc. (NYSE:NET) by 40.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,321 shares of the company’s stock after selling 58,287 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Cloudflare were worth $30,325,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Jennison Associates LLC boosted its position in shares of Cloudflare by 135.8% during the first quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock worth $906,758,000 after acquiring an additional 2,530,872 shares during the last quarter. Amundi grew its stake in Cloudflare by 2.0% during the first quarter. Amundi now owns 1,707,256 shares of the company’s stock valued at $352,275,000 after acquiring an additional 32,804 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in Cloudflare by 17.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock valued at $284,900,000 after acquiring an additional 206,506 shares during the last quarter. National Pension Service increased its holdings in Cloudflare by 1.6% in the 2nd quarter. National Pension Service now owns 959,987 shares of the company’s stock valued at $235,466,000 after acquiring an additional 15,546 shares during the last quarter. Finally, Swedbank AB lifted its stake in Cloudflare by 697.5% in the 1st quarter. Swedbank AB now owns 927,606 shares of the company’s stock worth $191,402,000 after purchasing an additional 811,297 shares in the last quarter. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Insider Activity

In other Cloudflare news, insider Michelle Zatlyn sold 33,003 shares of Cloudflare stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $294.63, for a total transaction of $9,723,673.89. Following the completion of the transaction, the insider directly owned 69,775 shares of the company’s stock, valued at $20,557,808.25. The trade was a 32.11% decrease in their ownership of the stock. The transaction was disclosed in a 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, CEO Matthew Prince sold 52,383 shares of Cloudflare stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $283.42, for a total transaction of $14,846,389.86. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 476,339 shares of company stock valued at $143,439,267. 10.66% of the stock is currently owned by insiders.

Cloudflare Stock Down 0.9%

Shares of NYSE NET opened at $304.39 on Friday. Cloudflare, Inc. has a 1-year low of $158.83 and a 1-year high of $370.35. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The business’s 50 day moving average is $318.34 and its two-hundred day moving average is $267.07.

Cloudflare (NYSE:NET) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The business had revenue of $696.06 million during the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%. The company’s revenue for the quarter was up 35.9% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. As a group, analysts anticipate that Cloudflare, Inc. will post 0.03 earnings per share for the current fiscal year.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare reported millions of attempted exploits targeting newly disclosed PHP vulnerabilities, which reportedly affect a large portion of websites. The activity highlights demand for Cloudflare’s web application security, threat intelligence and protective services, supporting the broader cybersecurity sector. Cloudflare sees millions of exploit attempts after PHP disclosure
• Positive Sentiment: Brown Advisory described accelerating growth at Cloudflare in its third-quarter investor letter, reinforcing the bullish view that the company can benefit from expanding AI infrastructure and enterprise security spending. Brown Advisory Sees Accelerating Growth at Cloudflare
• Positive Sentiment: A bullish analysis argues that Cloudflare is positioned to provide user verification, bot management and security infrastructure as AI agents increasingly automate online activity. The company’s expanded Cloudflare OS integrations could also improve adoption among large enterprises. Cloudflare: Even AI Will Have To Pay The Door Fee – Strong Buy
• Neutral Sentiment: Cloudflare’s latest quarterly results were stronger than expected, with revenue up 35.9% year over year and earnings exceeding consensus. However, the stock’s very high valuation means investors may require continued rapid growth and improving profitability to support further gains.
• Negative Sentiment: One analysis cautions that the AI-agent opportunity may be overstated, while separate commentary points to workforce reductions and declining gross margins. These concerns raise questions about the quality and durability of Cloudflare’s growth. Wall Street Breakfast Podcast: PHP Flaws Set Off Cyber Alarm
• Negative Sentiment: Two insiders recently sold shares, adding a modest sentiment headwind, while prior market volatility and the stock’s elevated valuation continue to make NET vulnerable to profit-taking.

Analyst Ratings Changes

Several research analysts have commented on NET shares. Royal Bank Of Canada increased their price objective on shares of Cloudflare from $290.00 to $346.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Mizuho lifted their target price on Cloudflare from $260.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. DZ Bank cut shares of Cloudflare from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, August 7th. Barclays increased their price objective on shares of Cloudflare from $355.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Finally, Jefferies Financial Group set a $350.00 price objective on shares of Cloudflare in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $330.59.

About Cloudflare

Cloudflare, Inc (NYSE: NET) provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

The company’s offerings include content delivery and authoritative domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.