Ameritas Advisory Services LLC purchased a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 6,202 shares of the company’s stock, valued at approximately $849,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Voya Investment Management LLC bought a new position in CoreWeave during the third quarter valued at about $110,562,000. Munro Partners boosted its position in shares of CoreWeave by 5,272.4% during the 3rd quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after purchasing an additional 605,010 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CoreWeave by 142.6% during the 2nd 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 in the last quarter. Lmdagg L.L.C. acquired a new position in shares of CoreWeave in the 2nd quarter worth approximately $48,030,000. Finally, Sivia Capital Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter worth approximately $39,824,000.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Loop Capital reduced their target price on shares of CoreWeave from $165.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft raised CoreWeave from a “hold” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. DA Davidson upgraded CoreWeave from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $68.00 to $110.00 in a report on Monday, January 26th. Mizuho upped their target price on CoreWeave from $92.00 to $100.00 and gave the company a “neutral” rating in a report on Monday, January 26th. Finally, Barclays decreased their price target on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating for the company in a research report on Monday, January 12th. Eighteen equities 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 stock. According to MarketBeat, CoreWeave has an average rating of “Moderate Buy” and a consensus target price of $127.27.
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Recent fundamental — CoreWeave reported a quarter (Nov. 10) that beat EPS and revenue expectations and posted very strong year-over-year revenue growth, which remains a key bullish underpinning for the stock.
- Neutral Sentiment: Short-interest data published in mid‑February appears unreliable/blank (reports show 0 shares / NaN change), so there’s no clear short‑pressure signal from the public data at this time.
- Neutral Sentiment: Market calendar note: commentary reminding investors to “mark your calendars for February 26” — likely referencing an upcoming event or report investors should confirm. Read More.
- Negative Sentiment: Large legal overhang — multiple law firms (Hagens Berman, Pomerantz, Rosen, Schall, BFA, DJS, Gross, Bernstein Liebhard, etc.) have announced or are soliciting participation in securities class actions alleging the company misled investors about its ability to scale data‑center/AI infrastructure and meet guidance; March 13 is the lead‑plaintiff filing deadline. This broad, multi‑firm activity raises potential litigation risk, investor distraction, and settlement exposure. Read More.
- Negative Sentiment: Critical coverage — a Seeking Alpha piece flags “too many red flags” ahead of Q4 earnings and raises questions about execution and disclosures; such analysis can amplify negative sentiment and volatility. Read More.
- Negative Sentiment: Insider selling — director/executive Brannin Mcbee disclosed multiple sales on Feb. 9 totaling roughly 166,665 shares (reducing their position by ~29%), executed near ~$95.9 per share; heavy insider liquidation may be read negatively by the market. Read More.
- Negative Sentiment: Analyst caution — coverage notes (e.g., Zacks) highlight the company’s strong share gains over the past year but warn about heavy debt, rising capex and guidance cuts — factors that could limit upside if execution or growth slows. Read More.
Insider Activity at CoreWeave
In other news, SVP Chen Goldberg sold 17,985 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $79.69, for a total value of $1,433,224.65. Following the transaction, the senior vice president directly owned 42,859 shares of the company’s stock, valued at approximately $3,415,433.71. This represents a 29.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael N. Intrator sold 32,455 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $93.63, for a total value of $3,038,761.65. Following the sale, the chief executive officer owned 5,763,868 shares of the company’s stock, valued at approximately $539,670,960.84. This represents a 0.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 4,467,023 shares of company stock worth $372,428,890.
CoreWeave Stock Performance
CRWV stock opened at $96.04 on Friday. The firm has a 50 day simple moving average of $85.96 and a 200 day simple moving average of $101.39. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00. The stock has a market cap of $37.11 billion and a P/E ratio of -66.23. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.49 and a current ratio of 0.49.
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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