Cwm LLC Raises Position in CoreWeave Inc. $CRWV

Cwm LLC raised its stake in CoreWeave Inc. (NASDAQ:CRWV) by 283.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 166,663 shares of the company’s stock after purchasing an additional 123,147 shares during the quarter. Cwm LLC’s holdings in CoreWeave were worth $27,176,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of CoreWeave in the second quarter worth approximately $2,093,000. Sovereign Financial Group Inc. purchased a new stake in shares of CoreWeave in the second quarter worth approximately $915,000. Apollon Financial LLC purchased a new stake in shares of CoreWeave in the second quarter worth approximately $219,000. Apollon Wealth Management LLC purchased a new stake in shares of CoreWeave in the second quarter worth approximately $596,000. Finally, SLT Holdings LLC purchased a new stake in shares of CoreWeave in the second quarter worth approximately $391,000.

Insiders Place Their Bets

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 208,207 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $148.80, for a total value of $30,981,201.60. Following the completion of the sale, the insider directly owned 950,211 shares of the company’s stock, valued at $141,391,396.80. This trade represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Michael N. Intrator sold 15,174 shares of the firm’s stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $139.66, for a total value of $2,119,200.84. The disclosure for this sale can be found here. Insiders sold 27,601,752 shares of company stock valued at $3,317,675,109 over the last three months.

CoreWeave Stock Down 3.2%

NASDAQ:CRWV opened at $138.43 on Monday. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.52 and a quick ratio of 0.52. The business has a fifty day simple moving average of $114.79 and a two-hundred day simple moving average of $105.80. CoreWeave Inc. has a 1 year low of $33.51 and a 1 year high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its 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 business had revenue of $1.21 million during the quarter. CoreWeave’s 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.

Analysts Set New Price Targets

A number of analysts recently commented on CRWV shares. Melius Research set a $165.00 price target on CoreWeave and gave the company a “buy” rating in a research report on Tuesday, September 23rd. Wells Fargo & Company raised CoreWeave from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $105.00 to $170.00 in a research report on Tuesday, September 23rd. Melius raised CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a research report on Tuesday, September 23rd. HC Wainwright raised CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoreWeave in a research report on Saturday, September 27th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.64.

CoreWeave 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.