OP Asset Management Ltd Acquires New Holdings in CoreWeave Inc. $CRWV

OP Asset Management Ltd bought a new stake in CoreWeave Inc. (NASDAQ:CRWV) during the first quarter, Holdings Channel.com reports. The institutional investor bought 23,841 shares of the company’s stock, valued at approximately $1,847,000.

Several other hedge funds also recently bought and sold shares of CRWV. Cornerstone Planning Group LLC increased its position in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of CoreWeave in the 3rd quarter worth approximately $27,000. Cullen Frost Bankers Inc. boosted its position in shares of CoreWeave by 45.8% during the 4th 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 period. Greenline Wealth Management LLC acquired a new stake in CoreWeave in the 4th quarter valued at approximately $28,000. Finally, Highline Wealth Partners LLC acquired a new stake in CoreWeave in the 4th quarter valued at approximately $32,000.

Insider Buying and Selling

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $118.30, for a total value of $166,172,106.10. Following the sale, the insider owned 282,570 shares of the company’s stock, valued at $33,428,031. This trade represents a 83.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brian M. Venturo sold 1,125,000 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $80.86, for a total value of $90,967,500.00. Following the completion of the sale, the insider directly owned 285,327 shares in the company, valued at $23,071,541.22. This represents a 79.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,313,484 shares of company stock valued at $3,215,162,516 in the last three months.

CoreWeave Stock Performance

Shares of CRWV stock opened at $96.58 on Monday. The firm has a 50 day moving average of $110.42 and a two-hundred day moving average of $94.67. The stock has a market capitalization of $43.23 billion, a PE ratio of -31.05 and a beta of 7.18. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $173.35.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data 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 company had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.60) earnings per share. On average, research analysts predict that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on CRWV shares. Evercore reissued an “outperform” rating and issued a $150.00 target price on shares of CoreWeave in a research report on Wednesday, April 15th. Truist Financial lifted their price objective on CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Rosenblatt Securities started coverage on CoreWeave in a report on Thursday. They issued a “buy” rating and a $250.00 price objective on the stock. DA Davidson reissued a “neutral” rating and set a $100.00 target price (down from $175.00) on shares of CoreWeave in a research note on Monday, May 18th. Finally, Wolfe Research started coverage on CoreWeave in a report on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $135.00.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a Buy rating and a $250 price target, reinforcing the bullish view that CoreWeave could benefit from rising demand for AI infrastructure. Read More
• Positive Sentiment: BNP Paribas and other reports highlighted CoreWeave as a key beneficiary of the next AI chip cycle, while Cantor Fitzgerald reiterated an Overweight rating and a $167 target. Article Title
• Positive Sentiment: CoreWeave announced a partnership with Conapto to expand AI cloud capacity in Sweden, which supports the company’s growth narrative and international expansion. Article Title
• Neutral Sentiment: Several articles argue CoreWeave is one of the stocks that could double over the next two years, reflecting strong long-term enthusiasm but no new hard financial data. Article Title
• Negative Sentiment: CEO Michael Intrator sold shares under a pre-arranged trading plan, and insider Brannin McBee also sold stock. Even though the sales were planned, insider selling can still weigh on sentiment. SEC Filing

About CoreWeave

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.