Rep. Cleo Fields Buys CoreWeave Inc. (NASDAQ:CRWV) Stock

Representative Cleo Fields (D-Louisiana) recently bought shares of CoreWeave Inc. (NASDAQ:CRWV). In a filing disclosed on October 30th, the Representative disclosed that they had bought between $1,001 and $15,000 in CoreWeave stock on October 9th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of IREN (NASDAQ:IREN) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 10/10/2025.
• Purchased $1,001 – $15,000 in shares of CoreWeave (NASDAQ:CRWV) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
• Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.

CoreWeave Trading Up 2.0%

NASDAQ CRWV opened at $133.71 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. The firm has a market cap of $65.33 billion and a PE ratio of -117.29. The company has a 50 day moving average price of $121.76 and a 200 day moving average price of $114.90. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00.

CoreWeave (NASDAQ:CRWV) last posted 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 company had revenue of $1.21 million for the quarter. The business’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.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Apexium Financial LP acquired a new stake in shares of CoreWeave in the second quarter worth $1,044,000. Chung Wu Investment Group LLC acquired a new stake in shares of CoreWeave in the second quarter worth $755,000. Cisco Systems Inc. acquired a new stake in shares of CoreWeave in the second quarter worth $173,493,000. Gamco Investors INC. ET AL acquired a new stake in shares of CoreWeave in the first quarter worth $318,000. Finally, Magnus Financial Group LLC purchased a new stake in CoreWeave during the second quarter worth $903,000.

Analysts Set New Price Targets

CRWV has been the subject of several recent analyst reports. Raymond James Financial initiated coverage on shares of CoreWeave in a research note on Monday, September 15th. They set an “outperform” rating and a $130.00 price objective for the company. Bank of America reduced their price objective on shares of CoreWeave from $185.00 to $168.00 and set a “neutral” rating for the company in a research note on Wednesday, August 13th. Evercore ISI assumed coverage on shares of CoreWeave in a research note on Tuesday, September 30th. They set an “outperform” rating and a $175.00 price target on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of CoreWeave in a research note on Tuesday, October 14th. Finally, Morgan Stanley upped their price target on shares of CoreWeave from $58.00 to $91.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $127.64.

Insiders Place Their Bets

In related news, insider Brian M. Venturo sold 281,250 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $137.80, for a total transaction of $38,756,250.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Magnetar Financial Llc sold 191,331 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $135.65, for a total transaction of $25,954,050.15. Following the sale, the insider directly owned 853,869 shares in the company, valued at $115,827,329.85. This trade represents a 18.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 36,604,188 shares of company stock worth $4,576,093,275 over the last three months.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.