Gabelli Funds LLC Purchases 9,825 Shares of CoreWeave Inc. $CRWV

Gabelli Funds LLC boosted its position in shares of CoreWeave Inc. (NASDAQ:CRWV) by 35.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,315 shares of the company’s stock after buying an additional 9,825 shares during the period. Gabelli Funds LLC’s holdings in CoreWeave were worth $2,891,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Parallel Advisors LLC increased its stake in CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after acquiring an additional 91 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after purchasing an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after purchasing an additional 119 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in CoreWeave by 26.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares in the last quarter.

Wall Street Analyst Weigh In

CRWV has been the topic of a number of research reports. Truist Financial upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and reduced their target price for the stock from $131.00 to $126.00 in a report on Tuesday, July 21st. Citigroup cut CoreWeave from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. TD Cowen raised CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. BNP Paribas Exane initiated coverage on CoreWeave in a report on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 target price for the company. Finally, Oppenheimer increased their price target on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.25.

CoreWeave Trading Down 4.9%

CRWV opened at $67.30 on Wednesday. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The stock’s 50 day moving average price is $95.73 and its 200-day moving average price is $95.32. CoreWeave Inc. has a one year low of $63.80 and a one year high of $153.20. The stock has a market cap of $30.12 billion, a price-to-earnings ratio of -21.64 and a beta of 7.17.

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). The business had revenue of $2.08 billion during the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.60) EPS. On average, equities analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current year.

Insider Transactions at CoreWeave

In related news, insider Brian M. Venturo sold 375,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $126.78, for a total value of $47,542,500.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 1,284,876 shares of CoreWeave stock in a transaction on Friday, May 1st. The shares were sold at an average price of $119.91, for a total value of $154,069,481.16. Following the sale, the insider directly owned 264,061 shares of the company’s stock, valued at approximately $31,663,554.51. This trade represents a 82.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 16,523,185 shares of company stock valued at $1,905,796,200. 24.20% of the stock is currently owned by company insiders.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: New AI infrastructure customers: CoreWeave will provide low-latency GPU cloud infrastructure for Anam’s photorealistic AI avatars across the United States and Europe, adding evidence of demand for its specialized services. CRWV Powers Anam’s AI Avatars With Low-Latency Cloud Infrastructure
• Positive Sentiment: Flow Traders contract: Flow Traders reportedly selected CoreWeave to run AI training supporting its quantitative trading operations. The deal reinforces CoreWeave’s positioning as an AI-focused alternative to traditional cloud providers. CoreWeave Lands Flow Traders To Run AI Training For Quant Trading
• Neutral Sentiment: Earnings date set: CoreWeave will report second-quarter 2026 results on August 11 after the market closes. Investors are likely looking for progress on revenue growth, cash flow, construction execution and customer concentration. CoreWeave Announces Date of Second Quarter 2026 Financial Results and Conference Call
• Negative Sentiment: Sector valuation contraction: CoreWeave has fallen about 30% over the past month as investors reassess highly valued AI-cloud companies and question whether rapid growth can justify heavy capital spending and debt. CoreWeave Shares Fall 30% in a Month as AI Cloud Valuations Contract
• Negative Sentiment: Competitive threat from Meta: Reports that Meta may monetize excess computing capacity through its own cloud offering raise concerns that CoreWeave’s largest customers could become competitors, potentially pressuring utilization and margins.
• Negative Sentiment: Large insider sales: CEO Michael Intrator and insider Brannin McBee sold roughly $38.9 million of shares in pre-arranged Rule 10b5-1 transactions. Although planned sales do not necessarily signal deteriorating fundamentals, their size adds to investor caution during the selloff.
• Negative Sentiment: Weak financial profile: CoreWeave’s latest reported quarter included an adjusted loss worse than analysts expected, negative margins, significant interest expense and high leverage. Analysts continue to forecast a full-year loss, increasing sensitivity to execution and financing conditions.

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.