Fortis Capital Advisors LLC boosted its position in CoreWeave Inc. (NASDAQ:CRWV – Free Report) by 303.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,624 shares of the company’s stock after purchasing an additional 6,484 shares during the quarter. Fortis Capital Advisors LLC’s holdings in CoreWeave were worth $1,180,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Costello Asset Management INC raised its position in shares of CoreWeave by 33.3% in the second quarter. Costello Asset Management INC now owns 400 shares of the company’s stock valued at $65,000 after buying an additional 100 shares during the last quarter. Family Legacy Financial Solutions LLC grew its stake in CoreWeave by 166.7% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after acquiring an additional 125 shares in the last quarter. CoreCap Advisors LLC grew its stake in CoreWeave by 29.6% during the 3rd quarter. CoreCap Advisors LLC now owns 644 shares of the company’s stock valued at $88,000 after acquiring an additional 147 shares in the last quarter. Chelsea Counsel Co. acquired a new stake in CoreWeave in the 2nd quarter valued at about $33,000. Finally, HighMark Wealth Management LLC purchased a new position in CoreWeave in the 3rd quarter worth approximately $27,000.
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Nvidia committed an additional $2 billion and expanded a long‑term cooperation to build more than 5 GW of AI compute by 2030; Nvidia bought shares at $87.20, adding to prior investments and signaling deep strategic alignment that supports CoreWeave’s growth narrative. Nvidia invests $2 billion in CoreWeave, expands partnership
- Positive Sentiment: An upgraded analyst view: DA Davidson raised CRWV to a Buy with a $110 price target, citing strengthening compute demand — a near‑term catalyst supporting further upside. DA Davidson upgrades CoreWeave to Buy
- Neutral Sentiment: Some brokers (e.g., Needham) have maintained a Hold rating, indicating mixed analyst views on valuation and near‑term execution despite the Nvidia deal. Benzinga
- Negative Sentiment: Multiple securities‑class action notices were filed or announced by plaintiffs’ firms alleging misrepresentations tied to prior disclosures; lead‑plaintiff deadlines (March 13) and continued litigation activity create legal overhang and potential financial exposure. CoreWeave, Inc. (CRWV) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Negative Sentiment: Recent insider selling (~$25.8M reported) and CoreWeave’s elevated leverage metrics remain governance and balance‑sheet risks investors should monitor as the company scales. Insider Selling: CoreWeave Insider Sells $25,810,312.50 in Stock
Insider Buying and Selling
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on CRWV. Evercore ISI dropped their price target on CoreWeave from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Compass Point assumed coverage on CoreWeave in a report on Thursday, November 13th. They issued a “buy” rating and a $150.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, December 29th. Melius Research set a $140.00 price target on shares of CoreWeave in a research report on Tuesday, November 11th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $174.00 price objective on shares of CoreWeave in a research report on Wednesday, November 5th. Seventeen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $124.10.
Read Our Latest Research Report on CRWV
CoreWeave Stock Up 5.7%
Shares of NASDAQ:CRWV opened at $98.31 on Tuesday. The company has a market capitalization of $37.99 billion and a price-to-earnings ratio of -67.80. CoreWeave Inc. has a 12-month low of $33.51 and a 12-month high of $187.00. The business has a 50-day moving average price of $80.98 and a 200 day moving average price of $104.36. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.14. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the business earned ($1.82) EPS. The company’s quarterly revenue was up 133.7% compared to the same quarter last year.
CoreWeave Company Profile
CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.
CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.
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