Signature Wealth Management Partners LLC bought a new position in CoreWeave Inc. (NASDAQ:CRWV – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund bought 5,485 shares of the company’s stock, valued at approximately $393,000.
Other hedge funds have also modified their holdings of the company. Cornerstone Planning Group LLC raised its holdings in shares of CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares in the last quarter. OLD Second National Bank of Aurora acquired a new stake in CoreWeave during the 3rd quarter valued at $27,000. KERR FINANCIAL PLANNING Corp bought a new position in CoreWeave in the 3rd quarter valued at $27,000. Aspect Partners LLC acquired a new position in CoreWeave in the third quarter worth $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new position in CoreWeave in the third quarter worth $30,000.
CoreWeave Stock Up 6.6%
Shares of CRWV opened at $119.01 on Friday. The firm has a market capitalization of $52.72 billion, a price-to-earnings ratio of -37.19 and a beta of 7.89. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The business’s fifty day moving average price is $91.88 and its two-hundred day moving average price is $93.14. CoreWeave Inc. has a 52 week low of $45.80 and a 52 week high of $187.00.
Insiders Place Their Bets
In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the stock in a transaction on 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 transaction, the insider directly owned 282,570 shares in the company, valued at approximately $33,428,031. This trade represents a 83.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian M. Venturo sold 1,125,000 shares of the stock in a transaction on 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 transaction, the insider owned 285,327 shares in the company, valued at $23,071,541.22. The trade was a 79.77% 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 sold a total of 18,127,773 shares of company stock worth $1,893,951,837 over the last quarter.
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
- Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
- Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi?cloud and on?prem environments — a practical top?line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
- Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near?term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
- Neutral Sentiment: Retail/flows noise: stories about high?profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
- Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5?1 plans the week of Apr 27, creating headline risk and short?term selling pressure. Brian Venturo Sells 375,000 Shares
- Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
- Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower?risk names. CoreWeave vs Snowflake Comparison
Analyst Ratings Changes
A number of equities analysts have commented on CRWV shares. Bank of America raised CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Tuesday, March 24th. Cantor Fitzgerald boosted their price objective on CoreWeave from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Citigroup boosted their price objective on CoreWeave from $126.00 to $155.00 and gave the stock a “buy” rating in a research note on Friday. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Finally, DA Davidson boosted their price objective on CoreWeave from $125.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Twenty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $126.69.
Get Our Latest Stock Analysis on CoreWeave
CoreWeave Company 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.
Further Reading
Want to see what other hedge funds are holding CRWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoreWeave Inc. (NASDAQ:CRWV – Free Report).
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