CoreWeave Inc. $CRWV Shares Bought by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP boosted its position in shares of CoreWeave Inc. (NASDAQ:CRWV) by 24.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 127,752 shares of the company’s stock after buying an additional 24,843 shares during the period. Liontrust Investment Partners LLP’s holdings in CoreWeave were worth $9,897,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after acquiring an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after acquiring an additional 17,847,760 shares during the last quarter. Deutsche Bank AG increased its position in shares of CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP purchased a new stake in shares of CoreWeave during the fourth quarter worth approximately $230,099,000. Finally, Alyeska Investment Group L.P. increased its position in shares of CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after purchasing an additional 3,000,000 shares in the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Defense partnership expands growth prospects: CoreWeave is teaming with Leidos to provide secure, sovereign AI-cloud infrastructure for U.S. defense, national security and intelligence agencies. The agreement could open a sizable government market and support longer-term demand for CoreWeave’s data-center capacity. Leidos and CoreWeave collaboration
• Positive Sentiment: Revenue outlook remains strong: Oppenheimer expects CoreWeave to report second-quarter revenue near the high end of its $2.45 billion to $2.60 billion guidance range, reinforcing the company’s rapid AI-infrastructure growth story. CoreWeave Q2 revenue outlook
• Neutral Sentiment: Large customer commitments provide demand visibility, but competition is rising: Meta could spend more than $62 billion with CoreWeave and Nebius, including up to $35.2 billion in CoreWeave agreements. Yet Meta may eventually offer competing cloud services, creating a potential long-term customer and competitive risk. Meta CoreWeave and Nebius spending
• Negative Sentiment: Debt and credit concerns remain the main overhang: Reports highlight CoreWeave’s heavy GPU-related borrowing, significant capital spending and weak profitability. Rising credit-default-swap costs have reportedly implied sharply higher perceived default risk, intensifying worries about refinancing and cash flow ahead of the company’s August 11 earnings report. CoreWeave credit-default-swap concerns
• Negative Sentiment: Insider selling weighs on sentiment: CEO Michael Intrator sold 307,692 shares for approximately $20.5 million, while another insider sold shares to cover tax withholding. The CEO’s transactions were conducted under a pre-arranged Rule 10b5-1 plan, which reduces their signaling value, but the sizable sales still add pressure to the stock. CoreWeave SEC insider filing

CoreWeave Stock Up 21.9%

Shares of NASDAQ:CRWV opened at $74.11 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The business has a fifty day moving average of $94.25 and a two-hundred day moving average of $95.16. The stock has a market cap of $33.17 billion, a P/E ratio of -23.83 and a beta of 7.17. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CRWV. Wells Fargo & Company raised their price objective on CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, May 8th. TD Cowen upgraded shares of CoreWeave to a “buy” rating in a research report on Wednesday, July 22nd. Sanford C. Bernstein started coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set an “outperform” rating on the stock. Roth Capital reaffirmed a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Finally, Jefferies Financial Group downgraded shares of CoreWeave from a “buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $136.25.

Insider Activity at CoreWeave

In other CoreWeave news, insider Jeff Baker sold 6,455 shares of CoreWeave stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $66.51, for a total transaction of $429,322.05. Following the transaction, the insider directly owned 7,167 shares of the company’s stock, valued at $476,677.17. The trade was a 47.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Michael N. Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $66.62, for a total transaction of $13,324,000.00. Following the sale, the chief executive officer directly owned 2,276,815 shares in the company, valued at approximately $151,681,415.30. The trade was a 8.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 15,586,735 shares of company stock valued at $1,764,560,965. 24.20% of the stock is owned by company insiders.

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.