NEOS Investment Management LLC Takes Position in CoreWeave Inc. $CRWV

NEOS Investment Management LLC bought a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 259,686 shares of the company’s stock, valued at approximately $25,849,000.

Several other large investors have also recently bought and sold shares of CRWV. Parallel Advisors LLC increased its holdings in shares of CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after purchasing an additional 91 shares during the period. Pathway Wealth Management LLC boosted its stake in CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after buying an additional 100 shares during the period. Azzad Asset Management Inc. ADV boosted its stake in CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after buying an additional 104 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after buying an additional 119 shares during the period. Finally, Cullen Frost Bankers Inc. grew its position in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares in the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave will participate in the Goldman Sachs Communacopia + Technology Conference on September 8, where CEO Michael Intrator is scheduled to speak. The event could provide investors with updates on demand, capacity expansion and financial guidance. CoreWeave to Participate in the Goldman Sachs Communacopia + Technology Conference
• Positive Sentiment: Rescale selected CoreWeave Cloud for demanding AI and simulation workloads, expanding CoreWeave’s reach among engineering and research customers. The partnership reinforces the company’s growth narrative, although one analysis argued the stock could be about 21% overvalued after the deal. CoreWeave Could Be 21% Overvalued After the Rescale Cloud Deal
• Positive Sentiment: Jim Cramer identified CoreWeave as his preferred neocloud company, providing favorable visibility for CRWV among retail investors despite competition from IREN and Nebius. Jim Cramer Backs CoreWeave
• Neutral Sentiment: Goldman Sachs said the AI spending cycle may still be in its early stages, supporting the long-term market opportunity for CoreWeave but cautioning that future winners may differ from the stocks that led the initial AI rally. Goldman Sachs Says the AI Trade Is Barely Started
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares for approximately $25.1 million, and insider Kristen McVeety sold 156,000 shares for about $12.7 million. The trades were made under pre-arranged Rule 10b5-1 plans, but their size may weigh on sentiment. CoreWeave SEC Insider Sale Filing
• Negative Sentiment: Analysts continue to highlight CoreWeave’s heavy financing burden: quarterly interest expense reportedly approached four times operating income, while the company’s debt-to-equity ratio remains elevated. OpenAI CEO Sam Altman’s warning about potentially unsustainable neocloud expansion adds further risk to the growth outlook. CoreWeave’s Interest Bill Is Nearly 4x Operating Income

Insider Transactions at CoreWeave

In other news, CFO Nitin Agrawal sold 5,509 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total value of $488,317.76. Following the completion of the sale, the chief financial officer directly owned 132,596 shares in the company, valued at approximately $11,753,309.44. The trade was a 3.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 500 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $85.51, for a total transaction of $42,755.00. Following the transaction, the insider directly owned 48,000 shares in the company, valued at approximately $4,104,480. This represents a 1.03% 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 7,610,159 shares of company stock worth $705,653,344 in the last three months. Corporate insiders own 24.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRWV. Roth Capital set a $145.00 target price on CoreWeave in a research note on Thursday, August 13th. Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a report on Monday, July 6th. DA Davidson restated a “neutral” rating and issued a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Truist Financial raised their target price on shares of CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of CoreWeave in a research report on Wednesday, August 12th. Twenty-one analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and an average target price of $141.90.

CoreWeave Price Performance

CRWV opened at $89.36 on Friday. The stock has a 50-day moving average price of $85.33 and a 200-day moving average price of $94.40. CoreWeave Inc. has a 12-month low of $60.55 and a 12-month high of $153.20. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The stock has a market capitalization of $41.00 billion, a P/E ratio of -24.48 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The company had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.27) earnings per share. Equities analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

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.