Leonteq Securities AG Acquires 123,405 Shares of CoreWeave Inc. $CRWV

Leonteq Securities AG increased its stake in CoreWeave Inc. (NASDAQ:CRWV) by 267.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 169,625 shares of the company’s stock after buying an additional 123,405 shares during the period. Leonteq Securities AG’s holdings in CoreWeave were worth $13,141,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC increased its holdings in CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in CoreWeave in the third quarter valued at about $27,000. Cullen Frost Bankers Inc. boosted its stake in 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 acquiring an additional 121 shares during the last quarter. Greenline Wealth Management LLC bought a new position in shares of CoreWeave during the 4th quarter valued at approximately $28,000. Finally, Highline Wealth Partners LLC bought a new position in shares of CoreWeave during the 4th quarter valued at approximately $32,000.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating on CoreWeave, signaling that at least some analysts still see meaningful upside despite the selloff. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Positive Sentiment: Supportive commentary argued the Meta-driven selloff may be overdone because CoreWeave still has a massive AI backlog and continued demand for compute capacity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent in Weights & Biases designed to automate analysis and speed model iteration, which is a product-positive update but not a major near-term stock catalyst. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: CoreWeave expanded its Livingston headquarters, a sign of continued growth, but the news is not enough to offset the current investor concern around competition and valuation. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Negative Sentiment: Meta’s reported plan to sell excess AI compute has intensified fears that large hyperscalers could compete directly with CoreWeave, driving concern over future pricing power and customer retention. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Multiple reports highlighted CoreWeave’s heavy debt load and recent insider selling, adding to worries that the stock’s valuation may be vulnerable if growth expectations cool. CoreWeave Just Slipped Under $50 Billion. Is the Debt Finally Catching Up?

CoreWeave Stock Down 4.6%

CRWV opened at $81.75 on Friday. The company has a 50 day moving average of $108.29 and a 200 day moving average of $94.80. The company has a market cap of $36.59 billion, a PE ratio of -26.29 and a beta of 7.17. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $166.22. 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 (NASDAQ:CRWV) last issued its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $2.08 billion for the quarter. During the same quarter last year, the firm earned ($0.60) earnings per share. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. On average, sell-side analysts expect that CoreWeave Inc. will post -4.57 EPS for the current year.

Insider Transactions at CoreWeave

In related news, Director Jack D. Cogen sold 986,540 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total transaction of $106,349,012.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of CoreWeave stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $118.30, for a total value of $166,172,106.10. Following the transaction, the insider directly owned 282,570 shares of the company’s stock, valued at $33,428,031. The trade was a 83.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,103,892 shares of company stock valued at $3,133,470,500 over the last three months.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CRWV shares. Evercore restated an “outperform” rating and set a $150.00 price target on shares of CoreWeave in a research note on Wednesday, April 15th. Truist Financial increased their price objective on CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a report on Friday, May 8th. Sanford C. Bernstein reissued an “underperform” rating on shares of CoreWeave in a report on Thursday, June 11th. Mizuho raised 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. Finally, Roth Mkm restated a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research note on Friday, May 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

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.