Investors Buy Large Volume of CoreWeave Call Options (NASDAQ:CRWV)

CoreWeave Inc. (NASDAQ:CRWV) saw unusually large options trading activity on Wednesday. Stock investors bought 380,790 call options on the stock. This represents an increase of approximately 10% compared to the average daily volume of 346,162 call options.

CoreWeave Stock Performance

CoreWeave stock opened at $117.14 on Thursday. The stock’s 50 day moving average price is $115.94. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.52 and a quick ratio of 0.52. CoreWeave has a 52-week low of $33.51 and a 52-week high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. CoreWeave’s quarterly revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity at CoreWeave

In other CoreWeave news, SVP Chen Goldberg sold 56,294 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $93.17, for a total value of $5,244,911.98. Following the transaction, the senior vice president owned 18,764 shares of the company’s stock, valued at approximately $1,748,241.88. The trade was a 75.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of CoreWeave stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $90.62, for a total transaction of $25,486,875.00. The disclosure for this sale can be found here. Insiders have sold 7,471,406 shares of company stock worth $722,416,182 over the last 90 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRWV. Nvidia Corp boosted its stake in CoreWeave by 0.4% in the second quarter. Nvidia Corp now owns 24,277,573 shares of the company’s stock worth $3,958,701,000 after buying an additional 95,113 shares in the last quarter. Cisco Systems Inc. purchased a new stake in shares of CoreWeave during the second quarter valued at approximately $173,493,000. Geode Capital Management LLC boosted its stake in shares of CoreWeave by 142.6% during the second quarter. Geode Capital Management LLC now owns 716,178 shares of the company’s stock valued at $116,809,000 after purchasing an additional 420,915 shares during the period. Lmdagg L.L.C. bought a new position in shares of CoreWeave during the second quarter valued at approximately $48,030,000. Finally, Sivia Capital Partners LLC bought a new position in shares of CoreWeave during the second quarter valued at approximately $39,824,000.

Analysts Set New Price Targets

Several equities analysts have commented on CRWV shares. Citizens Jmp upgraded shares of CoreWeave to a “hold” rating in a report on Thursday, May 22nd. DA Davidson restated an “underperform” rating and issued a $36.00 price target on shares of CoreWeave in a research note on Tuesday, June 10th. Hsbc Global Res upgraded shares of CoreWeave to a “moderate sell” rating in a research note on Thursday, July 17th. Citigroup upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $160.00 price target on the stock in a research note on Thursday, July 31st. Finally, Bank of America reduced their price objective on shares of CoreWeave from $185.00 to $168.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.45.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.