CoreWeave Inc. $CRWV Stock Position Lifted by ARK Investment Management LLC

ARK Investment Management LLC raised its stake in CoreWeave Inc. (NASDAQ:CRWV) by 37.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 467,957 shares of the company’s stock after buying an additional 128,213 shares during the quarter. ARK Investment Management LLC owned 0.10% of CoreWeave worth $64,040,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Family Legacy Financial Solutions LLC raised its stake in shares of CoreWeave by 166.7% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 125 shares in the last quarter. HighMark Wealth Management LLC acquired a new position in CoreWeave in the third quarter worth approximately $27,000. OLD Second National Bank of Aurora bought a new position in CoreWeave during the third quarter valued at approximately $27,000. Aspect Partners LLC acquired a new stake in CoreWeave in the third quarter valued at approximately $28,000. Finally, Princeton Global Asset Management LLC acquired a new stake in CoreWeave in the third quarter valued at approximately $28,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi‑year agreement to power Perplexity’s AI inference workloads — a bellwether customer win that validates CoreWeave’s specialization in low‑latency inference infrastructure and likely supports revenue consistency from high‑volume inference demand. CoreWeave Announces Agreement to Power Perplexity’s AI Inference Workloads
• Positive Sentiment: Management points to a very large, contractually secured backlog (~$66.8B per recent coverage), which underpins multi‑year revenue visibility and is a central bullish argument that investors cite when valuing future cash flows. CoreWeave press release / company disclosure
• Positive Sentiment: Some sell‑side support persists: H.C. Wainwright reiterated a Buy and Citi/other firms continue to cover the name (Citigroup lowered its price target but maintained a Buy), leaving analyst attention and potential institutional interest intact. Benzinga (Citigroup price target note)
• Neutral Sentiment: Short‑interest reports in early March show effectively no reported short position (data here is noisy/unusual), so short‑covering dynamics are not a clear driver right now.
• Negative Sentiment: Multiple securities‑fraud class actions and a flurry of law‑firm notices (lead‑plaintiff deadlines around March 13) have emerged following Q4 weakness — this legal overhang increases uncertainty and can pressure sentiment and trading. Hagens Berman / GlobeNewswire
• Negative Sentiment: Q4 results showed explosive revenue growth but a larger net loss (reported ~$452M) and an EPS miss; management’s heavy capex plan and higher interest expense have raised execution and leverage concerns that drove recent steep share declines. Seeking Alpha (Q4 analysis)
• Negative Sentiment: Coverage and opinion pieces range from “bargain” to “warning”/downgrade calls; negative headlines (earnings miss, heavy capex, allegations) and reports of insider selling have amplified volatility and contributed to recent selling pressure. Seeking Alpha (rating downgrade/opinion) AmericanBankingNews (insider selling)

CoreWeave Stock Up 7.8%

Shares of CRWV stock opened at $79.50 on Thursday. CoreWeave Inc. has a one year low of $33.51 and a one year high of $187.00. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.49. The stock has a fifty day moving average price of $88.63 and a 200 day moving average price of $99.01. The stock has a market cap of $33.31 billion and a P/E ratio of -24.84.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company had revenue of $1.57 billion during the quarter. The business’s revenue for the quarter was up 110.4% compared to the same quarter last year.

Insider Activity at CoreWeave

In other news, EVP Chen Goldberg sold 18,950 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $90.84, for a total transaction of $1,721,418.00. Following the sale, the executive vice president directly owned 58,689 shares of the company’s stock, valued at $5,331,308.76. This represents a 24.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeff Baker sold 2,374 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $90.83, for a total transaction of $215,630.42. Following the completion of the sale, the insider directly owned 41,275 shares of the company’s stock, valued at approximately $3,749,008.25. This represents a 5.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,336,165 shares of company stock valued at $372,860,338.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Evercore cut their price target on shares of CoreWeave from $175.00 to $160.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th. DA Davidson raised their target price on CoreWeave from $110.00 to $125.00 and gave the company a “buy” rating in a report on Friday, February 27th. Stifel Nicolaus set a $120.00 price target on CoreWeave in a research note on Tuesday, November 11th. Truist Financial raised their price objective on CoreWeave from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Friday, February 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of CoreWeave in a report on Monday, December 29th. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.03.

CoreWeave 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.