Themes Management Co LLC Acquires Shares of 9,471 CoreWeave Inc. $CRWV

Themes Management Co LLC bought a new position in CoreWeave Inc. (NASDAQ:CRWV) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 9,471 shares of the company’s stock, valued at approximately $734,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in shares of CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after buying an additional 91 shares during the last quarter. Azzad Asset Management Inc. ADV raised its holdings in CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after acquiring an additional 104 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in CoreWeave by 26.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares during the last quarter.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Robert W. Baird upgraded CoreWeave to “strong-buy,” which can support the stock by signaling confidence in the company’s long-term growth story. Zacks.com: CoreWeave was upgraded by Robert W. Baird to strong-buy.
• Positive Sentiment: One analyst article continues to highlight CoreWeave as a “pioneer” in AI infrastructure, reinforcing the market’s view that the company remains a key beneficiary of AI demand. Why this analyst is pounding the table on Pioneer CoreWeave stock.
• Neutral Sentiment: New comparison pieces versus Datadog, Nebius, and Cloudflare are keeping CoreWeave in the spotlight as investors weigh its revenue growth against other high-growth tech and AI cloud peers. CoreWeave vs. Datadog: What Do the Revenue Trends of These High-Growth Tech Companies Tell Investors?
• Neutral Sentiment: Reported short interest data showed no meaningful change in the stock’s short positioning, so this headline is unlikely to be a major driver of CRWV’s move.
• Negative Sentiment: Barclays reportedly lowered expectations for CoreWeave, a sign that some analysts are becoming more cautious about the stock’s valuation and near-term upside. Barclays Has Lowered Expectations for CoreWeave (NASDAQ:CRWV) Stock Price.

CoreWeave Price Performance

Shares of CRWV opened at $71.88 on Friday. The firm has a market cap of $32.17 billion, a PE ratio of -23.11 and a beta of 7.17. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm has a fifty day simple moving average of $97.04 and a two-hundred day simple moving average of $95.31. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $153.20.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The firm had revenue of $2.08 billion for the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.60) earnings per share. On average, equities analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current year.

Wall Street Analysts Forecast Growth

CRWV has been the subject of several recent analyst reports. Wolfe Research restated an “outperform” rating on shares of CoreWeave in a research note on Monday, July 6th. Roth Capital reaffirmed a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. BTIG Research started coverage on CoreWeave in a report on Wednesday. They issued a “buy” rating for the company. Evercore reissued an “outperform” rating and issued a $150.00 target price on shares of CoreWeave in a research report on Wednesday, April 15th. Finally, TD Cowen upgraded shares of CoreWeave to a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $136.25.

Insider Activity at CoreWeave

In other CoreWeave news, insider Brannin Mcbee sold 53,000 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $86.13, for a total value of $4,564,890.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 61,797 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $86.94, for a total value of $5,372,631.18. Following the completion of the transaction, the chief executive officer directly owned 2,876,815 shares in the company, valued at $250,110,296.10. The trade was a 2.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 17,070,099 shares of company stock worth $1,982,943,238. 24.20% of the stock is owned by insiders.

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.