CoreWeave Inc. $CRWV Stake Raised by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV) by 32.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,626,870 shares of the company’s stock after acquiring an additional 401,000 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in CoreWeave were worth $126,034,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CRWV. Vanguard Group Inc. increased its holdings in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares during the period. Clear Street Group Inc. grew its position in CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after purchasing an additional 1,692,916 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after buying an additional 3,000,000 shares during the period. Finally, Deutsche Bank AG increased its stake in CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after buying an additional 3,796,077 shares during the period.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Wolfe Research maintained an Outperform rating on CoreWeave and kept a $150 price target, signaling continued analyst confidence in the company’s AI cloud growth potential. Article Title
• Positive Sentiment: CoreWeave was named a Visionary in Gartner’s 2026 Magic Quadrant for Cloud AI Infrastructure, which supports its credibility as a leading AI infrastructure provider. Article Title
• Positive Sentiment: Media coverage highlighted CoreWeave’s expanding AI demand tailwind, noting more than 3.5 GW of contracted power and a large backlog that could support future revenue growth. Article Title
• Neutral Sentiment: Short-interest data showed 0 reported shares, making the update effectively non-informative for investors and unlikely to affect the stock on its own.
• Neutral Sentiment: Comments from Jim Cramer calling CoreWeave one of the stronger neocloud players may support sentiment, but it is not a direct catalyst. Article Title
• Negative Sentiment: CoreWeave’s CEO disclosed sales of nearly 370,000 shares across recent filings, which can weigh on sentiment even though the trades were made under pre-arranged 10b5-1 plans. Article Title
• Negative Sentiment: Articles about Meta’s AI cloud ambitions raised competition concerns, suggesting larger rivals could pressure CoreWeave’s growth narrative and market share. Article Title

Insider Activity at CoreWeave

In related news, insider Brannin Mcbee sold 53,000 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $86.13, for a total value of $4,564,890.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 61,797 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $86.94, for a total transaction of $5,372,631.18. Following the transaction, the chief executive officer directly owned 2,876,815 shares in the company, valued at $250,110,296.10. The trade was a 2.10% decrease in their ownership of the stock. 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 26,233,536 shares of company stock valued at $3,063,625,503.

CoreWeave Stock Down 0.9%

NASDAQ CRWV traded down $0.82 during trading on Friday, reaching $88.88. The company’s stock had a trading volume of 12,659,600 shares, compared to its average volume of 28,433,686. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock has a market capitalization of $39.78 billion, a PE ratio of -28.58 and a beta of 7.17. The business has a 50-day moving average price of $105.06 and a 200-day moving average price of $95.28. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $153.20.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $2.08 billion for the quarter. During the same quarter last year, the business posted ($0.60) EPS. The firm’s revenue was up 111.6% compared to the same quarter last year. On average, research analysts forecast that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on CRWV. Barclays lifted their target price on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. upped their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Bank of America upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a report on Tuesday, March 24th. Oppenheimer lifted their price objective on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Finally, Truist Financial boosted their target price on CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $136.73.

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.