Sanctuary Advisors LLC Grows Stock Holdings in CoreWeave Inc. $CRWV

Sanctuary Advisors LLC increased its position in shares of CoreWeave Inc. (NASDAQ:CRWV) by 36.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,204 shares of the company’s stock after purchasing an additional 7,055 shares during the period. Sanctuary Advisors LLC’s holdings in CoreWeave were worth $2,608,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CRWV. Cornerstone Planning Group LLC lifted its holdings in CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the last quarter. Greenline Wealth Management LLC acquired a new stake in shares of CoreWeave during the 4th quarter worth about $28,000. Essential Partners LLC acquired a new stake in shares of CoreWeave during the 2nd quarter worth about $30,000. Finally, Peterson Wealth Services lifted its stake in CoreWeave by 153.1% during the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after purchasing an additional 245 shares during the last quarter.

CoreWeave Stock Up 2.1%

CoreWeave stock opened at $88.04 on Wednesday. The company has a market capitalization of $40.40 billion, a P/E ratio of -24.12 and a beta of 7.44. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. CoreWeave Inc. has a fifty-two week low of $60.55 and a fifty-two week high of $153.20. The stock has a 50-day simple moving average of $89.01 and a 200-day simple moving average of $94.80.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.27) EPS. Equities research analysts expect that CoreWeave Inc. will post -5.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. BTIG Research started coverage on CoreWeave in a report on Wednesday, July 22nd. They issued a “buy” rating for the company. The Goldman Sachs Group raised their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a report on Friday. BNP Paribas Exane initiated coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 price objective for the company. Raymond James Financial cut shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, DA Davidson restated a “neutral” rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, CoreWeave currently has a consensus rating of “Moderate Buy” and an average price target of $141.90.

Insiders Place Their Bets

In other news, COO Sachin Jain sold 6,339 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $91.88, for a total transaction of $582,427.32. Following the transaction, the chief operating officer directly owned 157,091 shares in the company, valued at approximately $14,433,521.08. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Michael N. Intrator sold 13,129 shares of CoreWeave stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $91.88, for a total transaction of $1,206,292.52. Following the completion of the transaction, the chief executive officer directly owned 1,687,129 shares in the company, valued at $155,013,412.52. The trade was a 0.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 8,050,523 shares of company stock valued at $783,406,748. 24.20% of the stock is owned by insiders.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Expanded Rescale partnership: Rescale will expand its cloud ecosystem to CoreWeave Cloud, giving customers in aerospace, automotive, energy, life sciences and manufacturing access to CoreWeave’s GPU capacity for AI and simulation workloads. The agreement could broaden CoreWeave’s customer base and improve utilization of its data-center infrastructure. Rescale Expands Cloud Ecosystem with CoreWeave for Engineering and AI Workloads
• Positive Sentiment: Additional enterprise demand: CoreWeave reportedly secured a multiyear AI-cloud infrastructure agreement with quantitative trading firm Hudson River Trading. The deal expands the company’s presence in financial-services workloads and supports the broader investment case that demand for GPU compute remains strong. CoreWeave Lands AI Cloud Deal As Data Center Rules Tighten
• Positive Sentiment: Optimistic analyst view: Truist said CoreWeave shares could nearly double, even as chip costs rise, reinforcing bullish sentiment following the company’s strong revenue growth and upbeat AI-demand outlook. CoreWeave shares are set to nearly double even as chip costs rise, Truist says
• Neutral Sentiment: A reported change in short interest shows zero shares both before and after the measurement period, producing an invalid “NaN” change. The data appears unreliable and offers no meaningful signal about investor positioning.
• Negative Sentiment: Leverage remains a major overhang: CoreWeave’s roughly $35 billion debt load and high interest expense could absorb much of its operating income. Analysts also warn that Nvidia-backed financing platforms could make GPU access cheaper and more competitive, weakening CoreWeave’s economics. CoreWeave’s AI Data Center Capacity Is Exploding
• Negative Sentiment: Rising global bond yields have pressured technology stocks, while tighter state-level rules on data-center energy use and transparency could increase CoreWeave’s expansion costs and slow new capacity deployments.

About CoreWeave

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.