Sumitomo Mitsui DS Asset Management Company Ltd Makes New $1.45 Million Investment in CoreWeave Inc. $CRWV

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) during the 4th quarter, Holdings Channel.com reports. The firm acquired 20,216 shares of the company’s stock, valued at approximately $1,448,000.

Several other institutional investors also recently bought and sold shares of CRWV. Sivia Capital Partners LLC purchased a new position in CoreWeave during the 2nd quarter worth $39,824,000. Quantbot Technologies LP purchased a new position in CoreWeave during the 2nd quarter worth $311,000. Invesco Ltd. purchased a new position in CoreWeave during the 2nd quarter worth $882,000. First Trust Advisors LP purchased a new position in CoreWeave during the 2nd quarter worth $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave during the 2nd quarter worth $455,000.

CoreWeave Trading Down 11.4%

Shares of NASDAQ:CRWV opened at $114.15 on Friday. CoreWeave Inc. has a 12-month low of $50.18 and a 12-month high of $187.00. The business’s fifty day simple moving average is $94.19 and its 200-day simple moving average is $92.34. The company has a market capitalization of $50.57 billion, a PE ratio of -36.70 and a beta of 7.84. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 47.88%. The company’s quarterly revenue was up 110.4% compared to the same quarter last year. As a group, equities research analysts predict that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on CRWV shares. Bank of America upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Tuesday, March 24th. Roth Mkm reiterated a “buy” rating and issued a $150.00 price target on shares of CoreWeave in a report on Friday. Jefferies Financial Group lifted their price target on CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a report on Monday, May 4th. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their price target on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday. Twenty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $131.09.

Insiders Place Their Bets

In other news, major shareholder Magnetar Financial Llc sold 159,168 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $129.91, for a total value of $20,677,514.88. Following the completion of the sale, the insider owned 674,490 shares of the company’s stock, valued at $87,622,995.90. This trade represents a 19.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian M. Venturo sold 76,924 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $136.70, for a total value of $10,515,510.80. 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 sold 24,307,514 shares of company stock worth $2,719,871,811 over the last quarter.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said bookings hit the strongest level in company history and backlog remains very large, reinforcing that demand for AI infrastructure is still extremely strong. CoreWeave Reports ‘Strongest’ Bookings
• Positive Sentiment: Analysts and commentators remain constructive on the long-term AI growth story, with some saying the pullback may create an attractive entry point despite near-term volatility. Seeking Alpha rating upgrade
• Neutral Sentiment: The company also highlighted product momentum, including expanded SUNK capabilities and SUNK Anywhere, which could support customer adoption over time. CoreWeave expands SUNK capabilities
• Neutral Sentiment: JPMorgan and Mizuho raised price targets but kept neutral ratings, suggesting Wall Street sees value but is still cautious on the stock’s near-term execution risk. Analyst target updates
• Negative Sentiment: CoreWeave reported a larger quarterly loss than expected as operating expenses climbed, fueling concerns that profitability remains distant even with rapid revenue growth. WSJ on widened Q1 loss
• Negative Sentiment: Second-quarter revenue guidance came in below consensus, and the company also lifted its capital spending outlook, creating concern about slower conversion of demand into revenue and continued heavy investment. CoreWeave forecast miss and higher capex
• Negative Sentiment: Recent insider and major shareholder selling, including sales by CEO Michael Intrator, Brian Venturo, Chen Goldberg, and Magnetar Financial, is adding short-term pressure on sentiment. CEO Form 4 filing

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.