Prospera Financial Services Inc Has $759,000 Position in CoreWeave Inc. $CRWV

Prospera Financial Services Inc reduced its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 32.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,602 shares of the company’s stock after selling 5,129 shares during the quarter. Prospera Financial Services Inc’s holdings in CoreWeave were worth $759,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Cullen Frost Bankers Inc. grew its position in shares of CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the last quarter. Pittenger & Anderson Inc. grew its position in shares of CoreWeave by 36.0% in the third quarter. Pittenger & Anderson Inc. now owns 680 shares of the company’s stock valued at $93,000 after purchasing an additional 180 shares during the last quarter. Banco Santander S.A. grew its position in shares of CoreWeave by 7.9% in the third quarter. Banco Santander S.A. now owns 2,455 shares of the company’s stock valued at $336,000 after purchasing an additional 180 shares during the last quarter. XTX Topco Ltd grew its position in shares of CoreWeave by 1.4% in the third quarter. XTX Topco Ltd now owns 12,850 shares of the company’s stock valued at $1,759,000 after purchasing an additional 180 shares during the last quarter. Finally, Pursue Wealth Partners LLC grew its position in shares of CoreWeave by 4.7% in the fourth quarter. Pursue Wealth Partners LLC now owns 4,061 shares of the company’s stock valued at $291,000 after purchasing an additional 182 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CRWV. Citizens Jmp reaffirmed a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Wolfe Research began coverage on CoreWeave in a research report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price target on the stock. DA Davidson reissued a “neutral” rating and set a $100.00 target price (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Truist Financial lifted their target price on CoreWeave from $85.00 to $131.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. Finally, Mizuho lifted their target price on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $129.63.

CoreWeave Stock Up 2.5%

CRWV stock opened at $109.53 on Friday. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $187.00. The company has a market cap of $49.02 billion, a PE ratio of -35.22 and a beta of 7.84. The business’s 50-day simple moving average is $102.63 and its 200 day simple moving average is $90.63. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.08 billion for the quarter. During the same quarter in the previous year, the business posted ($0.60) earnings per share. The firm’s quarterly revenue was up 111.6% compared to the same quarter last year. On average, research analysts anticipate that CoreWeave Inc. will post -4.57 earnings per share for the current year.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, insider Brian M. Venturo sold 76,924 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $102.33, for a total transaction of $7,871,632.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sachin Jain sold 898 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $110.00, for a total transaction of $98,780.00. Following the transaction, the chief operating officer owned 131,427 shares of the company’s stock, valued at approximately $14,456,970. This represents a 0.68% decrease in their position. 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 27,265,642 shares of company stock valued at $3,043,956,040 over the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

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.