CoreWeave Inc. $CRWV Shares Acquired by VestGen Advisors LLC

VestGen Advisors LLC increased its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 218.1% in the third quarter, HoldingsChannel reports. The firm owned 23,062 shares of the company’s stock after purchasing an additional 15,813 shares during the period. VestGen Advisors LLC’s holdings in CoreWeave were worth $2,009,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Alyeska Investment Group L.P. increased its position in CoreWeave by 55.7% during 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 during the last quarter. State Street Corp lifted its position in shares of CoreWeave by 139.7% in the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after buying an additional 4,113,873 shares during the last quarter. Bank of America Corp DE lifted its position in shares of CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after buying an additional 653,398 shares during the last quarter. Amundi lifted its position in shares of CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock worth $254,421,000 after buying an additional 2,387,337 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of CoreWeave by 32.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,626,870 shares of the company’s stock worth $126,034,000 after buying an additional 401,000 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CRWV. BNP Paribas Exane reissued an “outperform” rating and set a $117.00 price objective on shares of CoreWeave in a report on Monday, October 19th. Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of CoreWeave in a research note on Thursday, October 1st. William Blair assumed coverage on CoreWeave in a report on Wednesday, September 30th. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, September 21st. Finally, Roth Capital set a $145.00 price target on CoreWeave in a research report on Thursday, August 13th. Twenty-seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and a consensus price target of $130.24.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is adding AI-cloud capacity in Denmark and building a dedicated backbone connecting Europe with customers in the Middle East and Asia-Pacific. Management says the expanded platform will serve enterprise AI clients across four continents, supporting the company’s long-term growth strategy. CoreWeave Adds Denmark Capacity to Its Global AI Cloud Platform
• Positive Sentiment: A bullish investment analysis highlights CoreWeave’s potentially rapid growth as demand for AI computing expands, though the opportunity is framed as most suitable for aggressive investors because of the company’s risk profile. CoreWeave’s Meteoric Growth Potential
• Neutral Sentiment: Analysts continue to rate CoreWeave around “Moderate Buy,” while comparisons with Microsoft emphasize CRWV’s greater upside potential but also substantially higher risk, debt and concentration. CoreWeave Rated Moderate Buy
• Negative Sentiment: AI-cloud stocks sold off as investors questioned whether major technology companies will continue spending aggressively on outside computing capacity. Microsoft’s lower-than-expected capital expenditures intensified concerns about AI infrastructure demand, data-center delivery timelines and future revenue growth for neocloud providers. Why Neocloud Stocks Are Falling After Microsoft’s Capex Miss
• Negative Sentiment: Comments attributed to Microsoft CEO Satya Nadella criticizing business models dependent on renting AI capacity to a small number of large customers raised concerns about CoreWeave’s customer concentration and business durability. Satya Nadella Just Took a Shot at Oracle and CoreWeave
• Negative Sentiment: Reports that CoreWeave’s debt prices have weakened sharply are fueling fears about refinancing and potential default risk. The company’s leveraged balance sheet makes higher interest costs, slower customer demand or delayed data-center deployments particularly damaging. Elon Musk vs. Jensen Huang: Who Is Right About CoreWeave?
• Negative Sentiment: A shareholder litigation firm said it is investigating potential claims involving CoreWeave’s officers and directors, adding a legal and reputational risk overhang. Investor Action Notice Regarding CoreWeave

Insider Buying and Selling at CoreWeave

In other CoreWeave news, CRO Jonathan Jones sold 21,569 shares of CoreWeave stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $77.42, for a total transaction of $1,669,871.98. Following the sale, the executive owned 5,392 shares in the company, valued at $417,448.64. The trade was a 80.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brannin Mcbee sold 56,531 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total transaction of $4,957,203.39. Following the completion of the sale, the insider directly owned 392,279 shares in the company, valued at $34,398,945.51. This trade represents a 12.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 4,795,101 shares of company stock valued at $433,497,518 in the last quarter. 24.20% of the stock is currently owned by corporate insiders.

CoreWeave Stock Performance

Shares of CRWV opened at $54.87 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a 50-day simple moving average of $79.45 and a 200-day simple moving average of $91.02. CoreWeave Inc. has a 52 week low of $51.24 and a 52 week high of $138.36.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. The company had revenue of $2.58 billion during the quarter. During the same quarter in the prior year, the business posted ($0.27) EPS. CoreWeave’s revenue was up 112.5% compared to the same quarter last year. On average, equities research analysts forecast that CoreWeave Inc. will post -4.97 EPS for the current fiscal 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.