12,615 Shares in CoreWeave Inc. $CRWV Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC acquired a new position in CoreWeave Inc. (NASDAQ:CRWV) during the 4th quarter, HoldingsChannel reports. The fund acquired 12,615 shares of the company’s stock, valued at approximately $903,000.

Several other institutional investors also recently modified their holdings of CRWV. Vanguard Group Inc. grew its stake 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 worth $1,999,421,000 after purchasing an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC grew 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 purchasing an additional 17,847,760 shares during the last quarter. Invesco Ltd. grew its stake in shares of CoreWeave by 55,329.7% in the third quarter. Invesco Ltd. now owns 2,999,300 shares of the company’s stock worth $410,454,000 after purchasing an additional 2,993,889 shares during the last quarter. Clear Street Group Inc. bought a new stake in shares of CoreWeave in the third quarter worth $405,199,000. Finally, Lavaca Capital LLC bought a new stake in shares of CoreWeave in the third quarter worth $273,700,000.

CoreWeave Price Performance

CRWV stock opened at $105.49 on Friday. The firm has a market cap of $47.21 billion, a price-to-earnings ratio of -33.92 and a beta of 7.84. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The company’s fifty day simple moving average is $100.22 and its 200 day simple moving average is $90.88.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $1.57 billion for the quarter. The company’s revenue for the quarter was up 110.4% on a year-over-year basis. On average, analysts expect that CoreWeave Inc. will post -4.58 earnings per share for the current year.

Insider Activity

In other news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $118.30, for a total transaction of $166,172,106.10. Following the transaction, the insider owned 282,570 shares in the company, valued at approximately $33,428,031. This represents a 83.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian M. Venturo sold 1,125,000 shares of the company’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 transaction, the insider owned 285,327 shares in the company, valued at $23,071,541.22. This represents a 79.77% 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 have sold 25,217,073 shares of company stock worth $2,824,592,756 in the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CRWV. Cantor Fitzgerald boosted their price objective on shares of CoreWeave from $156.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. HC Wainwright reissued a “buy” rating and issued a $180.00 price objective on shares of CoreWeave in a research note on Monday, March 2nd. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $135.00 target price on shares of CoreWeave in a report on Friday, May 8th. Finally, Citigroup boosted their target price on shares of CoreWeave from $155.00 to $158.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $129.63.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
• Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
• Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
• Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock

CoreWeave 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.