32,849 Shares in CoreWeave Inc. $CRWV Bought by DNB Asset Management AS

DNB Asset Management AS purchased a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 32,849 shares of the company’s stock, valued at approximately $2,352,000.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its holdings in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after purchasing an additional 251 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of CoreWeave during the third quarter worth $27,000. Aspect Partners LLC acquired a new stake in shares of CoreWeave during the third quarter worth $28,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of CoreWeave during the third quarter worth $30,000. Finally, Rothschild Investment LLC lifted its holdings in shares of CoreWeave by 10,700.0% during the third quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after purchasing an additional 214 shares during the period.

Insiders Place Their Bets

In other news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $118.30, for a total value of $166,172,106.10. Following the completion of the transaction, the insider owned 282,570 shares in the company, valued at $33,428,031. This trade represents a 83.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian M. Venturo sold 1,125,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $80.86, for a total value of $90,967,500.00. Following the completion of the transaction, the insider owned 285,327 shares of the company’s stock, valued at approximately $23,071,541.22. This represents a 79.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 24,802,381 shares of company stock valued at $2,783,296,673.

Analyst Ratings Changes

Several research firms have issued reports on CRWV. Roth Mkm reiterated a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. Mizuho increased their price objective on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. DA Davidson reiterated a “neutral” rating and issued a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research report on Monday. Citigroup increased their price objective on CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, Sanford C. Bernstein increased their price objective on CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a research report on Tuesday, April 14th. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and an average price target of $129.63.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is continuing to expand its enterprise business, with financial services cited as an early growth area, which could help diversify revenue beyond its core AI infrastructure customer base. CoreWeave building up enterprise business, led by financial services
• Positive Sentiment: A new HPC infrastructure-backed loan facility could support CoreWeave’s ability to keep funding data center and compute expansion, signaling access to additional capital for growth. CoreWeave Launches Pioneering HPC Infrastructure-Backed Loan Facility
• Neutral Sentiment: Investors are also weighing analyst commentary and conference remarks suggesting CoreWeave may still be undervalued, but these views are being offset by concerns over valuation and leverage. Why CoreWeave Still Looks Undervalued
• Negative Sentiment: The Blackstone-Google AI venture is seen as a direct competitive threat to CoreWeave, intensifying fears that larger, better-capitalized players could squeeze margins and weaken CoreWeave’s long-term pricing power. AI Consolidation Begins: Blackstone & Google Forge an AI Empire (CRWV)
• Negative Sentiment: DA Davidson’s downgrade and related coverage from other outlets reinforce concerns about CoreWeave’s stretched valuation, heavy debt load, and widening losses. DA Davidson downgrades CoreWeave (CRWV)

CoreWeave Trading Up 1.5%

NASDAQ:CRWV opened at $101.28 on Thursday. CoreWeave Inc. has a 1 year low of $63.80 and a 1 year high of $187.00. The stock has a market capitalization of $45.33 billion, a price-to-earnings ratio of -32.57 and a beta of 7.84. The stock has a fifty day moving average price of $99.10 and a two-hundred day moving average price of $90.96. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $1.57 billion during the quarter. CoreWeave’s revenue was up 110.4% on a year-over-year basis. As a group, sell-side analysts anticipate that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

CoreWeave 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.