IFP Advisors Inc Takes Position in CoreWeave Inc. $CRWV

IFP Advisors Inc purchased a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 741 shares of the company’s stock, valued at approximately $121,000.

Several other hedge funds also recently made changes to their positions in the company. Blair William & Co. IL bought a new stake in shares of CoreWeave during the second quarter valued at approximately $606,000. Game Plan Financial Advisors LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $129,000. Virtus Wealth Solutions LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $7,436,000. Castle Rock Wealth Management LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $501,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $515,000.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CRWV. Moffett Nathanson lifted their price target on CoreWeave from $56.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, August 19th. HSBC started coverage on CoreWeave in a report on Wednesday, July 16th. They issued a “reduce” rating and a $32.00 target price on the stock. Evercore ISI started coverage on CoreWeave in a report on Tuesday, September 30th. They issued an “outperform” rating and a $175.00 target price on the stock. Wells Fargo & Company raised CoreWeave from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $105.00 to $170.00 in a report on Tuesday, September 23rd. Finally, Stifel Nicolaus boosted their target price on CoreWeave from $115.00 to $120.00 and gave the stock a “hold” rating in a report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave has an average rating of “Moderate Buy” and an average price target of $127.64.

CoreWeave Stock Down 3.4%

Shares of NASDAQ:CRWV opened at $136.87 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 1 year low of $33.51 and a 1 year high of $187.00. The stock’s fifty day moving average price is $117.09 and its 200-day moving average price is $108.55.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million during the quarter. The company’s quarterly revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Buying and Selling

In related news, insider Brian M. Venturo sold 154,479 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $138.47, for a total transaction of $21,390,707.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Magnetar Financial Llc sold 18,371 shares of the company’s stock in a transaction on Friday, October 17th. The shares were sold at an average price of $136.62, for a total value of $2,509,846.02. Following the sale, the insider owned 903,175 shares of the company’s stock, valued at approximately $123,391,768.50. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,203,750 shares of company stock valued at $3,972,578,697.

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.