15,119 Shares in CoreWeave Inc. $CRWV Purchased by Matauro LLC

Matauro LLC purchased a new position in CoreWeave Inc. (NASDAQ:CRWVFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,119 shares of the company’s stock, valued at approximately $2,465,000.

A number of other hedge funds have also bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. purchased a new position in CoreWeave in the 2nd quarter worth about $6,992,000. SOA Wealth Advisors LLC. raised its position in CoreWeave by 275.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company’s stock worth $61,000 after buying an additional 275 shares during the last quarter. Chelsea Counsel Co. purchased a new position in CoreWeave in the 2nd quarter worth about $33,000. PFG Investments LLC purchased a new position in CoreWeave in the 2nd quarter worth about $1,036,000. Finally, Truist Financial Corp purchased a new position in CoreWeave in the 2nd quarter worth about $2,562,000.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Arete raised CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 target price for the company in a research report on Thursday, August 21st. Mizuho reissued a “neutral” rating and issued a $150.00 target price (up previously from $70.00) on shares of CoreWeave in a research report on Tuesday, July 8th. DA Davidson reissued an “underperform” rating and issued a $36.00 target price on shares of CoreWeave in a research report on Tuesday, June 10th. Bank of America decreased their target price on CoreWeave from $185.00 to $168.00 and set a “neutral” rating for the company in a research report on Wednesday, August 13th. Finally, Melius Research set a $165.00 price target on shares of CoreWeave and gave the company a “buy” rating in a research report on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.64.

View Our Latest Research Report on CRWV

CoreWeave Stock Up 0.7%

NASDAQ CRWV opened at $138.00 on Friday. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. The company’s 50-day simple moving average is $111.53.

CoreWeave (NASDAQ:CRWVGet Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. The business’s revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Buying and Selling

In related news, Director Jack D. Cogen sold 1,112,004 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $94.69, for a total transaction of $105,295,658.76. Following the completion of the transaction, the director directly owned 12,329,676 shares in the company, valued at approximately $1,167,497,020.44. The trade was a 8.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $125.60, for a total value of $182,253,512.80. Following the transaction, the insider owned 363,631 shares of the company’s stock, valued at approximately $45,672,053.60. This trade represents a 79.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,131,600 shares of company stock valued at $2,692,449,288.

About CoreWeave

(Free Report)

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

Further Reading

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Institutional Ownership by Quarter for CoreWeave (NASDAQ:CRWV)

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