14,912 Shares in CoreWeave Inc. $CRWV Bought by Littlejohn Financial Services Inc.

Littlejohn Financial Services Inc. acquired a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,912 shares of the company’s stock, valued at approximately $1,068,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of CoreWeave during the third quarter worth $27,000. Aspect Partners LLC bought a new position in CoreWeave in the third quarter valued at $28,000. Rothschild Investment LLC grew its position in CoreWeave by 10,700.0% in the third quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock valued at $30,000 after purchasing an additional 214 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in CoreWeave in the third quarter valued at $30,000. Finally, UMB Bank n.a. bought a new position in CoreWeave in the third quarter valued at $34,000.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Sandboxes, a new execution layer for AI workloads designed to improve secure, isolated AI agent operations and support higher-value monetization across on-prem and serverless deployments. CoreWeave Sandboxes Targets AI Agent Workloads And Higher Value Monetization
• Positive Sentiment: Citigroup raised its price target on CoreWeave to $158 and kept a Buy rating, reinforcing Wall Street’s optimism about the company’s AI infrastructure growth story. CoreWeave (NASDAQ:CRWV) Given New $158.00 Price Target at Citigroup
• Positive Sentiment: CoreWeave was highlighted as a potential beneficiary of capital rotation into AI data center stocks, which may support sentiment toward the shares. 3 AI Data Center Stocks Worth Watching for Capital Rotation (CRWV)
• Neutral Sentiment: CoreWeave was also mentioned as a top GPU-as-a-service stock to watch, with analyst coverage still broadly constructive on the company’s long-term AI demand outlook. CoreWeave (CRWV) Is One Of Our Top Data Center GPU-As-A-Service Stock To Buy
• Neutral Sentiment: CoreWeave said it will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 19, an event that could provide a near-term catalyst if management offers new updates. CoreWeave to Participate in the J.P. Morgan Global Technology, Media and Communications Conference
• Negative Sentiment: CEO Michael Intrator, co-founder Brian Venturo, and insider Jeff Baker all disclosed large stock sales over the past few days, which can weigh on investor sentiment even when some trades were made under pre-arranged plans. CoreWeave insider Form 4 filing CoreWeave insider Form 4 filing
• Negative Sentiment: Bearish commentary continues to focus on CoreWeave’s high debt load, ongoing losses, and questions about whether its AI growth rate can stay as strong as investors expect. CoreWeave stock falls as the AI growth story slows down

CoreWeave Stock Performance

Shares of CRWV opened at $107.30 on Friday. The firm has a 50-day moving average of $97.44 and a 200-day moving average of $91.98. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The company has a market cap of $48.02 billion, a PE ratio of -34.50 and a beta of 7.84. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $1.57 billion during the quarter. The firm’s quarterly revenue was up 110.4% on a year-over-year basis. As a group, equities analysts forecast that CoreWeave Inc. will post -4.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Citigroup raised their target price on shares of CoreWeave from $155.00 to $158.00 and gave the company a “buy” rating in a research report on Thursday. Roth Mkm reaffirmed a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research report on Friday, May 8th. Truist Financial raised their target price on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $135.00 target price on shares of CoreWeave in a research report on Friday, May 8th. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.97.

Insider Transactions at CoreWeave

In other news, insider Brian M. Venturo sold 1,125,000 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $80.86, for a total transaction of $90,967,500.00. Following the completion of the sale, the insider owned 285,327 shares in the company, valued at approximately $23,071,541.22. This trade represents a 79.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $118.30, for a total transaction of $166,172,106.10. Following the sale, the insider owned 282,570 shares of the company’s stock, valued at approximately $33,428,031. This represents a 83.25% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 24,875,276 shares of company stock valued at $2,787,216,271.

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.