OMERS ADMINISTRATION Corp Invests $1.19 Million in CoreWeave Inc. $CRWV

OMERS ADMINISTRATION Corp acquired a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 12,000 shares of the company’s stock, valued at approximately $1,194,000.

Other hedge funds also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. purchased a new position in shares of CoreWeave during the third quarter valued at about $34,000. Essential Partners LLC purchased a new stake in CoreWeave in the second quarter worth $30,000. Burnham & Co LLC bought a new stake in CoreWeave during the 2nd quarter valued at about $32,000. Cornerstone Planning Group LLC boosted its position in CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after buying an additional 251 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its position in 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 buying an additional 121 shares during the period.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, Director Jack D. Cogen sold 271,153 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $106.97, for a total transaction of $29,005,236.41. Following the transaction, the director directly owned 8,769,676 shares in the company, valued at $938,092,241.72. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael N. Intrator sold 278,560 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $97.43, for a total transaction of $27,140,100.80. Following the completion of the transaction, the chief executive officer directly owned 3,138,612 shares of the company’s stock, valued at approximately $305,794,967.16. The trade was a 8.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 7,657,318 shares of company stock worth $736,395,388 in the last ninety days. 24.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRWV. Robert W. Baird lifted their price target on shares of CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. DA Davidson reissued a “neutral” rating and issued a $100.00 price target (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Truist Financial upped their price objective on CoreWeave from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Weiss Ratings upgraded shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave has an average rating of “Moderate Buy” and an average price target of $141.90.

CoreWeave Price Performance

NASDAQ:CRWV opened at $88.01 on Thursday. The firm has a market cap of $40.39 billion, a price-to-earnings ratio of -24.11 and a beta of 7.44. The company has a 50 day moving average price of $88.46 and a 200-day moving average price of $94.89. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS 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 return on equity of 47.95% and a negative net margin of 25.41%.CoreWeave’s revenue was up 112.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.27) EPS. Equities research analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current year.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Expanded Rescale partnership: Rescale is expanding its cloud ecosystem to CoreWeave Cloud, allowing customers in aerospace, automotive, energy, life sciences and manufacturing to run AI and simulation workloads. The agreement could broaden CoreWeave’s customer base and improve utilization of its AI infrastructure. Rescale Expands Cloud Ecosystem with CoreWeave for Engineering and AI Workloads
• Positive Sentiment: AI infrastructure demand remains a bullish theme: Articles comparing CRWV with Applied Digital and identifying potential AI stock winners highlight continued demand for GPU computing and specialized cloud capacity. A proposed “neocloud” investment theme also provides broader industry validation, although these reports are largely analytical rather than new company-specific catalysts. CRWV vs. APLD: Which AI Data Center Stock Has More Upside Potential?
• Neutral Sentiment: Nvidia pricing debate: One analysis argues that higher Nvidia prices could benefit CoreWeave by signaling strong AI demand and potentially supporting higher cloud-computing rates. However, more expensive GPUs could also increase CoreWeave’s capital requirements and operating costs. CoreWeave: Why Nvidia’s Price Hikes Could Be Good News
• Neutral Sentiment: Competitive and industry risks: Rum Group’s stated intention to compete with CoreWeave and Nebius adds a potential new challenger, while commentary that falling AI prices are not necessarily bearish suggests the long-term demand outlook remains unsettled. Reports regarding Nvidia’s SpaceX investment raise broader questions about AI financing but do not directly change CoreWeave’s fundamentals.
• Negative Sentiment: Insider selling: A report attributed recent weakness in CoreWeave shares to insider selling, which can undermine investor confidence even when the company’s growth outlook remains strong. CoreWeave Stock Price Down on Insider Selling
• Negative Sentiment: Debt and financing risk: CoreWeave’s rapidly expanding data-center capacity comes with roughly $35 billion of debt, reinforcing concerns about leverage, interest costs, liquidity and the need for continued capital spending. Short-interest data showing zero shares appears unreliable and is not a meaningful bullish or bearish signal. CoreWeave’s AI Data Center Capacity Is Exploding

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.