Stephens Consulting LLC Acquires Shares of 1,522 CoreWeave Inc. $CRWV

Stephens Consulting LLC acquired a new stake in CoreWeave Inc. (NASDAQ:CRWV) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,522 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors also recently added to or reduced their stakes in CRWV. Chelsea Counsel Co. purchased a new stake in CoreWeave in the 2nd quarter valued at approximately $33,000. SOA Wealth Advisors LLC. boosted its holdings in CoreWeave by 275.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company’s stock valued at $61,000 after purchasing an additional 275 shares in the last quarter. Costello Asset Management INC boosted its holdings in CoreWeave by 33.3% in the 2nd quarter. Costello Asset Management INC now owns 400 shares of the company’s stock valued at $65,000 after purchasing an additional 100 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in CoreWeave in the 2nd quarter valued at approximately $82,000. Finally, Webster Bank N. A. purchased a new stake in CoreWeave in the 2nd quarter valued at approximately $82,000.

CoreWeave Price Performance

CRWV stock opened at $138.43 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 12-month low of $33.51 and a 12-month high of $187.00. The firm has a 50 day moving average of $114.79 and a 200-day moving average of $105.80.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The company had revenue of $1.21 million during the quarter. The business’s revenue for the quarter was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity at CoreWeave

In related news, Director Jack D. Cogen sold 1,112,004 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $94.69, for a total transaction of $105,295,658.76. Following the completion of the transaction, the director directly owned 12,329,676 shares in the company, valued at $1,167,497,020.44. The trade was a 8.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Magnetar Financial Llc sold 1,451,063 shares of CoreWeave stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $125.60, for a total value of $182,253,512.80. Following the transaction, the insider owned 363,631 shares of the company’s stock, valued at $45,672,053.60. This represents a 79.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,601,752 shares of company stock valued at $3,317,675,109 over the last 90 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CRWV shares. Loop Capital started coverage on CoreWeave in a report on Friday, September 19th. They issued a “buy” rating and a $165.00 price objective on the stock. Northland Securities lifted their price target on shares of CoreWeave from $85.00 to $165.00 and gave the company an “outperform” rating in a research report on Friday, July 18th. Raymond James Financial began coverage on shares of CoreWeave in a research report on Monday, September 15th. They set an “outperform” rating and a $130.00 price target for the company. Wells Fargo & Company upgraded shares of CoreWeave from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $105.00 to $170.00 in a research report on Tuesday, September 23rd. Finally, Stifel Nicolaus lifted their price target on shares of CoreWeave from $115.00 to $120.00 and gave the company a “hold” rating in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.64.

CoreWeave Company 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.