CoreWeave Inc. $CRWV Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its position in CoreWeave Inc. (NASDAQ:CRWV) by 30.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 73,470 shares of the company’s stock after purchasing an additional 17,196 shares during the period. TD Waterhouse Canada Inc.’s holdings in CoreWeave were worth $7,313,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its position in shares of CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in shares of CoreWeave by 55.7% in the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after buying an additional 3,897,741 shares in the last quarter. Deutsche Bank AG boosted its position in CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after acquiring an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP purchased a new stake in CoreWeave during the 4th quarter valued at about $230,099,000. Finally, Invesco Ltd. raised its holdings in CoreWeave by 55,329.7% in the 3rd quarter. Invesco Ltd. now owns 2,999,300 shares of the company’s stock valued at $410,454,000 after acquiring an additional 2,993,889 shares during the last quarter.

Insider Activity at CoreWeave

In other news, insider Kristen J. Mcveety sold 156,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $81.63, for a total value of $12,734,280.00. Following the sale, the insider directly owned 123,313 shares of the company’s stock, valued at approximately $10,066,040.19. The trade was a 55.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Nitin Agrawal sold 5,509 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $88.64, for a total transaction of $488,317.76. Following the completion of the transaction, the chief financial officer owned 132,596 shares in the company, valued at approximately $11,753,309.44. This represents a 3.99% decrease in their ownership of the stock. 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. Insiders have sold 7,610,159 shares of company stock valued at $705,653,344 in the last ninety days. Insiders own 24.20% of the company’s stock.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave will participate in the Goldman Sachs Communacopia + Technology Conference on September 8, where CEO Michael Intrator is scheduled to speak. The event could provide investors with updates on demand, capacity expansion and financial guidance. CoreWeave to Participate in the Goldman Sachs Communacopia + Technology Conference
• Positive Sentiment: Rescale selected CoreWeave Cloud for demanding AI and simulation workloads, expanding CoreWeave’s reach among engineering and research customers. The partnership reinforces the company’s growth narrative, although one analysis argued the stock could be about 21% overvalued after the deal. CoreWeave Could Be 21% Overvalued After the Rescale Cloud Deal
• Positive Sentiment: Jim Cramer identified CoreWeave as his preferred neocloud company, providing favorable visibility for CRWV among retail investors despite competition from IREN and Nebius. Jim Cramer Backs CoreWeave
• Neutral Sentiment: Goldman Sachs said the AI spending cycle may still be in its early stages, supporting the long-term market opportunity for CoreWeave but cautioning that future winners may differ from the stocks that led the initial AI rally. Goldman Sachs Says the AI Trade Is Barely Started
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares for approximately $25.1 million, and insider Kristen McVeety sold 156,000 shares for about $12.7 million. The trades were made under pre-arranged Rule 10b5-1 plans, but their size may weigh on sentiment. CoreWeave SEC Insider Sale Filing
• Negative Sentiment: Analysts continue to highlight CoreWeave’s heavy financing burden: quarterly interest expense reportedly approached four times operating income, while the company’s debt-to-equity ratio remains elevated. OpenAI CEO Sam Altman’s warning about potentially unsustainable neocloud expansion adds further risk to the growth outlook. CoreWeave’s Interest Bill Is Nearly 4x Operating Income

Analysts Set New Price Targets

Several research analysts have recently weighed in on CRWV shares. Robert W. Baird boosted their target price on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Piper Sandler reissued an “overweight” rating and set a $153.00 price objective (up from $151.00) on shares of CoreWeave in a research note on Wednesday, August 12th. Raymond James Financial cut CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Mizuho raised their target price on CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $150.00 price target on shares of CoreWeave in a report on Friday, August 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, CoreWeave has a consensus rating of “Moderate Buy” and an average price target of $141.90.

CoreWeave Price Performance

NASDAQ:CRWV opened at $89.36 on Friday. CoreWeave Inc. has a 52 week low of $60.55 and a 52 week high of $153.20. The stock’s fifty day moving average is $85.33 and its two-hundred day moving average is $94.40. The company has a market capitalization of $41.00 billion, a P/E ratio of -24.48 and a beta of 7.45. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm had revenue of $2.58 billion for the quarter. During the same quarter last year, the firm posted ($0.27) earnings per share. The firm’s quarterly revenue was up 112.5% on a year-over-year basis. Equities analysts expect that CoreWeave Inc. will post -5.19 EPS for the current year.

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.