Fjarde AP Fonden Fourth Swedish National Pension Fund Takes $2.39 Million Position in CoreWeave Inc. $CRWV

Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 33,300 shares of the company’s stock, valued at approximately $2,385,000.

Several other institutional investors also recently made changes to their positions in CRWV. Vanguard Group Inc. lifted its holdings in shares of CoreWeave by 275.6% during the 4th 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 lifted its holdings in shares of CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after acquiring an additional 17,847,760 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of CoreWeave by 55,329.7% during the 3rd quarter. Invesco Ltd. now owns 2,999,300 shares of the company’s stock valued at $410,454,000 after acquiring an additional 2,993,889 shares in the last quarter. Clear Street Group Inc. acquired a new position in shares of CoreWeave during the 3rd quarter valued at $405,199,000. Finally, Geode Capital Management LLC lifted its holdings in shares of CoreWeave by 8.1% during the 4th quarter. Geode Capital Management LLC now owns 2,823,302 shares of the company’s stock valued at $201,581,000 after acquiring an additional 211,416 shares in the last quarter.

CoreWeave Stock Performance

Shares of CoreWeave stock opened at $98.45 on Wednesday. The firm has a market cap of $44.06 billion, a PE ratio of -31.66 and a beta of 7.14. The firm’s 50-day simple moving average is $106.51 and its 200-day simple moving average is $92.00. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. CoreWeave Inc. has a 1 year low of $63.80 and a 1 year high of $187.00.

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). The company had revenue of $2.08 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business’s quarterly revenue was up 111.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.60) EPS. Equities analysts forecast that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Insider Buying and Selling at CoreWeave

In related news, major shareholder Magnetar Financial Llc sold 112,111 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $130.56, for a total transaction of $14,637,212.16. Following the completion of the sale, the insider owned 241,920 shares of the company’s stock, valued at $31,585,075.20. This represents a 31.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jack D. Cogen sold 271,153 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $106.97, for a total transaction of $29,005,236.41. Following the sale, the director directly owned 8,769,676 shares of the company’s stock, valued at approximately $938,092,241.72. This represents a 3.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 27,161,017 shares of company stock worth $3,069,845,030.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave landed a major $6 billion AI cloud agreement with Jane Street, including a $1 billion equity investment, reinforcing demand for its infrastructure and supporting the long-term growth story. CoreWeave Jane Street AI Cloud Pact Reframes Growth And Valuation Story
• Positive Sentiment: Analyst sentiment remains constructive, with most ratings at Buy and an average price target above recent trading levels, suggesting Wall Street still sees upside if execution holds. Why CoreWeave (CRWV) is a Strategically Important firm in AI Infrastructure?
• Neutral Sentiment: The company is exploring financing options in the European high-yield bond market, which may help fund AI infrastructure expansion but also underscores ongoing capital needs. CoreWeave Explores European Bond Market as AI Infrastructure Funding Accelerates
• Neutral Sentiment: Short interest data showed no meaningful change in reported shares, so this does not appear to be a major near-term trading catalyst. CoreWeave stock slips: What’s happening today?
• Negative Sentiment: Reports that CoreWeave founders have sold $2.3 billion in planned stock sales since the IPO may raise investor concerns about insider confidence and supply overhang. CoreWeave founders sold $2.3B in planned stock sales since IPO: report
• Negative Sentiment: Recent articles highlight that CRWV has fallen sharply over the past year, and the stock’s valuation remains under scrutiny despite strong AI growth prospects. CoreWeave Stock Tumbles 34% in a Year: What Should Investors Do Now?

Analyst Upgrades and Downgrades

CRWV has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. Barclays lifted their target price on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Truist Financial lifted their target price on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a report on Friday, May 8th. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Finally, Wolfe Research started coverage on shares of CoreWeave in a report on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price on the stock. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $131.52.

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.