CoreWeave Inc. $CRWV Shares Bought by SLT Holdings LLC

SLT Holdings LLC boosted its stake in shares of CoreWeave Inc. (NASDAQ:CRWV) by 127.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,325 shares of the company’s stock after buying an additional 7,475 shares during the period. SLT Holdings LLC’s holdings in CoreWeave were worth $1,161,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. State Street Corp raised its holdings in shares of CoreWeave by 139.7% during the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after acquiring an additional 4,113,873 shares during the period. Alyeska Investment Group L.P. grew its holdings in shares of CoreWeave by 55.7% in the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares during the period. Altimeter Capital Management LP purchased a new stake in shares of CoreWeave in the fourth quarter valued at about $230,099,000. Amundi grew its holdings in shares of CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock valued at $254,421,000 after purchasing an additional 2,387,337 shares during the period. Finally, Altshuler Shaham Ltd increased its position in CoreWeave by 9,369.1% during the fourth quarter. Altshuler Shaham Ltd now owns 2,010,676 shares of the company’s stock worth $143,985,000 after purchasing an additional 1,989,442 shares during the last quarter.

CoreWeave Stock Up 5.9%

Shares of NASDAQ:CRWV opened at $69.69 on Friday. CoreWeave Inc. has a 12-month low of $59.51 and a 12-month high of $150.40. The business has a 50-day moving average price of $87.59 and a 200 day moving average price of $94.65. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS 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 net margin of 25.41% and a negative return on equity of 47.95%. The company’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.27) EPS. As a group, analysts expect that CoreWeave Inc. will post -5.19 EPS for the current year.

Insider Activity at CoreWeave

In related news, insider Brannin Mcbee sold 56,531 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total value of $4,957,203.39. Following the completion of the transaction, the insider directly owned 392,279 shares of the company’s stock, valued at $34,398,945.51. This represents a 12.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian M. Venturo sold 65,616 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total transaction of $5,753,867.04. Following the sale, the insider directly owned 302,526 shares in the company, valued at approximately $26,528,504.94. The trade was a 17.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,910,270 shares of company stock worth $514,630,589 over the last quarter. 24.20% of the stock is currently owned by insiders.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Bank of America maintained a Buy rating and a $140 price target, arguing that CoreWeave’s ability to bring computing capacity online at scale remains a competitive advantage. Deutsche Bank also retained its Buy rating, while bullish analysts contend that the recent selloff is excessive and that upcoming hyperscaler results could reaffirm AI infrastructure spending. CoreWeave wins Bank of America’s backing as revenue growth forecasts rise
• Positive Sentiment: CoreWeave’s reported backlog of approximately $104 billion suggests substantial future demand, although converting those commitments into revenue depends on securing financing and completing data-center capacity. Cathie Wood’s ARK Invest also purchased 188,665 shares, providing a modest vote of confidence. CoreWeave CEO notes strong backlog in memo to reassure staff over market scrutiny
• Neutral Sentiment: CoreWeave’s AI customer contracts and lender relationships are receiving increased scrutiny as the company finances an aggressive infrastructure build-out. Strong contracts may support revenue visibility, but their value depends on continued customer demand and CoreWeave’s ability to fund delivery. CoreWeave’s AI contracts and the lenders financing its build-out
• Negative Sentiment: Credit stress has intensified: yields on CoreWeave’s bonds exceeded 15%, while credit-default swap pricing reportedly implies a greater-than-50% chance of default within five years. Investors are demanding more protection even as the company generated negative free cash flow of $5.7 billion in the latest quarter, raising concerns about refinancing and dilution. CoreWeave credit default swaps hit distress levels as investors sour on AI debt
• Negative Sentiment: Gartner’s warning that up to 80% of neocloud providers may not survive independently by 2030 has amplified doubts about CoreWeave’s business model. Analysts have also warned that a slowdown in AI spending could severely impair the equity, while declining AI-compute pricing could pressure margins. AI Cloud Stocks Sink as Gartner Warns Most Neoclouds Won’t Survive Independently

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Truist Financial raised their price objective on shares of CoreWeave from $155.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Sanford C. Bernstein boosted their target price on shares of CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a report on Wednesday, August 12th. Wells Fargo & Company increased their price target on shares of CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. BTIG Research initiated coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They issued a “buy” rating for the company. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of CoreWeave in a report on Monday, September 21st. Twenty-four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.82.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.