Virtu Financial LLC acquired a new stake in CoreWeave Inc. (NASDAQ:CRWV – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 166,274 shares of the company’s stock, valued at approximately $11,907,000. CoreWeave comprises approximately 0.5% of Virtu Financial LLC’s holdings, making the stock its 11th largest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sivia Capital Partners LLC acquired a new position in shares of CoreWeave during the second quarter valued at $39,824,000. Quantbot Technologies LP bought a new position in CoreWeave in the second quarter valued at about $311,000. Invesco Ltd. acquired a new stake in CoreWeave in the second quarter worth about $882,000. First Trust Advisors LP acquired a new stake in CoreWeave in the second quarter worth about $20,260,000. Finally, Baird Financial Group Inc. acquired a new stake in CoreWeave in the second quarter worth about $455,000.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on CRWV. Truist Financial upped their target price on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Citizens Jmp reiterated a “market outperform” rating and set a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Oppenheimer boosted their price target on shares of CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, Mizuho increased their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.52.
Insider Buying and Selling
In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $116.65, for a total value of $23,330,000.00. Following the completion of the sale, the chief executive officer owned 3,476,815 shares of the company’s stock, valued at approximately $405,570,469.75. This represents a 5.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chen Goldberg sold 5,541 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $107.29, for a total transaction of $594,493.89. Following the completion of the sale, the executive vice president owned 59,368 shares in the company, valued at approximately $6,369,592.72. This trade represents a 8.54% 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. Insiders sold a total of 28,071,739 shares of company stock worth $3,177,590,944 over the last quarter.
CoreWeave Trading Up 2.4%
NASDAQ CRWV opened at $117.95 on Friday. The stock has a 50-day simple moving average of $110.37 and a 200 day simple moving average of $93.70. The company has a market capitalization of $52.79 billion, a PE ratio of -37.93 and a beta of 7.14. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $187.00.
CoreWeave (NASDAQ:CRWV – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion during the quarter. During the same quarter last year, the firm earned ($0.60) earnings per share. The company’s revenue for the quarter was up 111.6% on a year-over-year basis. Research analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current year.
CoreWeave News Summary
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave is getting a lift from its upcoming addition to the Nasdaq-100, which can trigger index-related buying and has helped fuel strong recent momentum. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
- Positive Sentiment: The company reported record MLPerf training results, reinforcing its reputation as a leading AI infrastructure platform and supporting the growth narrative around CRWV. CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
- Positive Sentiment: Coverage highlighting CoreWeave’s expanding AI backlog, including commentary about a roughly $32 billion backlog addition, is feeding optimism that demand remains very strong. CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
- Neutral Sentiment: Several insiders, including EVP Chen Goldberg and Brannin McBee, sold shares, but the trades were made under pre-arranged 10b5-1 plans, making them less alarming to investors. SEC filing for Chen Goldberg sale
- Neutral Sentiment: Analysts and commentators continue to flag CoreWeave’s heavy capex, leverage, and valuation as risks, even while acknowledging the company’s rapid AI-driven growth. CoreWeave Guides $31-$35B Capex for 2026: Fuel or Financial Strain?
- Negative Sentiment: Broader skepticism about the AI capex boom and bubble comparisons could pressure sentiment toward CRWV if investors turn more risk-averse. Legendary Short Seller Jim Chanos Issues Dire Prediction
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.
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