Mirae Asset Global Investments Co. Ltd. acquired a new position in CoreWeave Inc. (NASDAQ:CRWV – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 338,300 shares of the company’s stock, valued at approximately $29,473,000.
Other large investors have also recently bought and sold shares of the company. Essential Partners LLC bought a new position in CoreWeave in the 2nd quarter valued at $30,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of CoreWeave by 241.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock valued at $27,000 after buying an additional 217 shares during the period. Burnham & Co LLC acquired a new stake in shares of CoreWeave in the 2nd quarter valued at $32,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of CoreWeave in the 1st quarter valued at $31,000. Finally, Allied Private Wealth LLC bought a new stake in shares of CoreWeave during the second quarter worth $40,000.
Insider Activity
In related news, CEO Michael Intrator sold 200,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $89.18, for a total value of $17,836,000.00. Following the completion of the transaction, the chief executive officer owned 1,876,815 shares of the company’s stock, valued at approximately $167,374,361.70. This trade represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.75, for a total value of $33,400,496.25. Following the completion of the transaction, the insider owned 220,810 shares of the company’s stock, valued at $24,013,087.50. The trade was a 58.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,231,012 shares of company stock worth $384,083,394 in the last 90 days. Corporate insiders own 24.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on CRWV. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $150.00 price target (up from $135.00) on shares of CoreWeave in a research note on Friday, August 7th. Morgan Stanley decreased their price target on CoreWeave from $99.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday, October 23rd. Raymond James Financial reiterated an “outperform” rating and issued a $75.00 price objective on shares of CoreWeave in a research report on Monday, October 26th. Mizuho lowered their price objective on CoreWeave from $115.00 to $88.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. Finally, HSBC reissued a “reduce” rating and set a $39.00 price objective on shares of CoreWeave in a report on Tuesday, October 20th. Twenty-seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $130.24.
Check Out Our Latest Research Report on CoreWeave
Key Headlines Impacting CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Expanded CrowdStrike partnership: CoreWeave and CrowdStrike broadened their collaboration to support AI integration, potentially strengthening CoreWeave’s customer pipeline and validating demand for its cloud-computing infrastructure. The announcement did not provide immediate financial details. CrowdStrike And Coreweave Expand Partnership For AI Integration
- Positive Sentiment: Potential earnings upside: Zacks identified CRWV as one of several internet stocks that could exceed earnings expectations this season. Some bullish commentary also argues that the stock’s long-term opportunity could be substantial if AI infrastructure demand remains strong. 4 Internet Stocks Poised to Top Estimates This Earnings Season
- Neutral Sentiment: Sector-wide pressure: CoreWeave’s weakness occurred alongside declines in other AI and data-center stocks, indicating that the move reflects broader concerns about the cost and pace of the industry buildout rather than company-specific news alone. Stock Market Movers: Biggest Gainers and Losers on 2 November 2026
- Negative Sentiment: Debt and funding concerns: Investors are questioning whether CoreWeave and its peers can finance massive data-center expansion. CoreWeave’s debt-to-equity ratio of 5.53 and current ratio of 0.46 underscore balance-sheet and liquidity risks, while stress in the bond market has intensified scrutiny of its borrowing needs. Stock Market Today, Nov. 2: CoreWeave Slides on Debt Concerns After CrowdStrike Partnership Expands
- Negative Sentiment: Technical and confidence damage: The stock reached a new all-time low and has suffered substantial recent losses, signaling deteriorating investor confidence. A reported insider sale of 6,670 shares added another modest negative sentiment signal. CoreWeave Stock Hits New All-Time Low
CoreWeave Price Performance
Shares of CRWV stock opened at $50.15 on Tuesday. The firm’s 50 day moving average price is $78.70 and its two-hundred day moving average price is $90.83. 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 52-week low of $49.46 and a 52-week high of $138.25. The stock has a market cap of $23.01 billion, a PE ratio of -13.74 and a beta of 7.36.
CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. The company 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 revenue was up 112.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.27) EPS. As a group, analysts forecast that CoreWeave Inc. will post -4.97 EPS for the current year.
About CoreWeave
CoreWeave, Inc is a specialized cloud computing company that provides infrastructure designed for artificial intelligence (AI), machine learning, and other high-performance computing workloads. Its platform gives customers access to accelerated computing resources, including graphics processing units (GPUs), along with the networking, storage, and software tools needed to develop, train, and deploy demanding applications.
The company offers cloud services for AI model training and inference, visual effects and rendering, scientific computing, and other data-intensive workloads.
Read More
- Five stocks we like better than CoreWeave
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding CRWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoreWeave Inc. (NASDAQ:CRWV – Free Report).
Receive News & Ratings for CoreWeave Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreWeave and related companies with MarketBeat.com's FREE daily email newsletter.
