Choreo LLC Has $234,000 Stock Position in CoreWeave Inc. $CRWV

Choreo LLC trimmed its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV) by 65.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,166 shares of the company’s stock after selling 5,919 shares during the period. Choreo LLC’s holdings in CoreWeave were worth $234,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. HighMark Wealth Management LLC acquired a new position in CoreWeave during the third quarter valued at $27,000. OLD Second National Bank of Aurora acquired a new position in CoreWeave during the third quarter valued at $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in CoreWeave during the third quarter valued at $27,000. Aspect Partners LLC acquired a new position in CoreWeave during the third quarter valued at $28,000. Finally, Rothschild Investment LLC raised its position in CoreWeave by 10,700.0% during the third quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock valued at $30,000 after buying an additional 214 shares during the period.

Insider Activity

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 203,356 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $118.85, for a total transaction of $24,168,860.60. Following the transaction, the insider directly owned 281,832 shares in the company, valued at $33,495,733.20. This trade represents a 41.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian M. Venturo sold 76,924 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $117.96, for a total value of $9,073,955.04. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 10,761,619 shares of company stock valued at $1,020,774,450.

CoreWeave Price Performance

CRWV opened at $115.16 on Wednesday. The stock has a market cap of $48.26 billion and a price-to-earnings ratio of -35.99. CoreWeave Inc. has a 1 year low of $36.00 and a 1 year high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a fifty day moving average price of $89.34 and a 200 day moving average price of $93.68.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm’s revenue was up 110.4% on a year-over-year basis. Analysts forecast that CoreWeave Inc. will post -4.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on CRWV shares. UBS Group reissued a “neutral” rating on shares of CoreWeave in a research report on Friday, January 16th. Mizuho lifted their price objective on CoreWeave from $95.00 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, April 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, December 29th. DA Davidson lifted their price objective on CoreWeave from $125.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Barclays lifted their price objective on CoreWeave from $90.00 to $106.00 and gave the company an “equal weight” rating in a research report on Monday. Twenty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.16.

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.