7,375 Shares in CoreWeave Inc. $CRWV Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 7,375 shares of the company’s stock, valued at approximately $1,203,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CRWV. Apexium Financial LP bought a new position in shares of CoreWeave during the 2nd quarter valued at approximately $1,044,000. Chung Wu Investment Group LLC bought a new position in shares of CoreWeave during the 2nd quarter valued at approximately $755,000. Cisco Systems Inc. bought a new position in shares of CoreWeave during the 2nd quarter valued at approximately $173,493,000. Gamco Investors INC. ET AL bought a new position in shares of CoreWeave during the 1st quarter valued at approximately $318,000. Finally, Magnus Financial Group LLC bought a new position in shares of CoreWeave during the 2nd quarter valued at approximately $903,000.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Argus reissued a “buy” rating and set a $200.00 target price on shares of CoreWeave in a research report on Thursday, August 14th. JMP Securities raised shares of CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 target price for the company in a research report on Tuesday, September 16th. Stifel Nicolaus increased their target price 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. Moffett Nathanson boosted their price target on shares of CoreWeave from $56.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, August 19th. Finally, Northland Securities upped their target price on shares of CoreWeave from $85.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.64.

CoreWeave Trading Down 1.6%

Shares of CRWV opened at $125.06 on Wednesday. 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 firm has a fifty day simple moving average of $116.36 and a two-hundred day simple moving average of $109.60. CoreWeave Inc. has a twelve month low of $33.51 and a twelve month high of $187.00.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The business had revenue of $1.21 million for the quarter. CoreWeave’s quarterly revenue 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 Buying and Selling at CoreWeave

In other CoreWeave news, Director Jack D. Cogen sold 1,112,004 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $94.69, for a total value of $105,295,658.76. Following the completion of the transaction, the director directly owned 12,329,676 shares in the company, valued at approximately $1,167,497,020.44. This represents a 8.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $125.60, for a total transaction of $182,253,512.80. Following the completion of the transaction, the insider owned 363,631 shares of the company’s stock, valued at $45,672,053.60. This trade represents a 79.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,203,750 shares of company stock valued at $3,972,578,697 over the last 90 days.

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.