SLT Holdings LLC Purchases 7,475 Shares of CoreWeave Inc. $CRWV

SLT Holdings LLC increased its position in shares of CoreWeave Inc. (NASDAQ:CRWV) by 127.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,325 shares of the company’s stock after purchasing an additional 7,475 shares during the period. SLT Holdings LLC’s holdings in CoreWeave were worth $1,161,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. State Street Corp boosted its stake in shares of CoreWeave by 139.7% in the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after buying an additional 4,113,873 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after acquiring an additional 3,897,741 shares during the period. Altimeter Capital Management LP acquired a new position in CoreWeave during the fourth quarter worth $230,099,000. Amundi raised its position in CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock worth $254,421,000 after acquiring an additional 2,387,337 shares in the last quarter. Finally, Altshuler Shaham Ltd lifted its stake in shares of CoreWeave by 9,369.1% in the fourth quarter. Altshuler Shaham Ltd now owns 2,010,676 shares of the company’s stock valued at $143,985,000 after purchasing an additional 1,989,442 shares during the period.

Insider Activity

In related news, CEO Michael Intrator sold 78,552 shares of the company’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total transaction of $6,888,224.88. Following the completion of the sale, the chief executive officer directly owned 548,935 shares of the company’s stock, valued at approximately $48,136,110.15. This represents a 12.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Jones sold 21,569 shares of the stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $77.42, for a total value of $1,669,871.98. Following the completion of the sale, the executive owned 5,392 shares of the company’s stock, valued at approximately $417,448.64. This represents a 80.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,910,270 shares of company stock valued at $514,630,589 in the last 90 days. Insiders own 24.20% of the company’s stock.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Bank of America maintained a Buy rating and a $140 price target, arguing that CoreWeave’s ability to bring computing capacity online at scale remains a competitive advantage. Deutsche Bank also retained its Buy rating, while bullish analysts contend that the recent selloff is excessive and that upcoming hyperscaler results could reaffirm AI infrastructure spending. CoreWeave wins Bank of America’s backing as revenue growth forecasts rise
• Positive Sentiment: CoreWeave’s reported backlog of approximately $104 billion suggests substantial future demand, although converting those commitments into revenue depends on securing financing and completing data-center capacity. Cathie Wood’s ARK Invest also purchased 188,665 shares, providing a modest vote of confidence. CoreWeave CEO notes strong backlog in memo to reassure staff over market scrutiny
• Neutral Sentiment: CoreWeave’s AI customer contracts and lender relationships are receiving increased scrutiny as the company finances an aggressive infrastructure build-out. Strong contracts may support revenue visibility, but their value depends on continued customer demand and CoreWeave’s ability to fund delivery. CoreWeave’s AI contracts and the lenders financing its build-out
• Negative Sentiment: Credit stress has intensified: yields on CoreWeave’s bonds exceeded 15%, while credit-default swap pricing reportedly implies a greater-than-50% chance of default within five years. Investors are demanding more protection even as the company generated negative free cash flow of $5.7 billion in the latest quarter, raising concerns about refinancing and dilution. CoreWeave credit default swaps hit distress levels as investors sour on AI debt
• Negative Sentiment: Gartner’s warning that up to 80% of neocloud providers may not survive independently by 2030 has amplified doubts about CoreWeave’s business model. Analysts have also warned that a slowdown in AI spending could severely impair the equity, while declining AI-compute pricing could pressure margins. AI Cloud Stocks Sink as Gartner Warns Most Neoclouds Won’t Survive Independently

CoreWeave Stock Up 5.9%

Shares of NASDAQ CRWV opened at $69.69 on Friday. CoreWeave Inc. has a 12 month low of $59.51 and a 12 month high of $150.40. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a 50-day simple moving average of $87.59 and a 200-day simple moving average of $94.65.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.27) EPS. Sell-side analysts anticipate that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on CRWV. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $176.00 price target on shares of CoreWeave in a research note on Monday, September 28th. Citigroup boosted their price target on CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Barclays upped their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. JPMorgan Chase & Co. upgraded CoreWeave from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $120.00 to $125.00 in a research report on Thursday, September 24th. Finally, Roth Capital set a $145.00 price objective on CoreWeave in a research note on Thursday, August 13th. Twenty-four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $139.82.

CoreWeave Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.