21,240 Shares in CoreWeave Inc. $CRWV Purchased by TD Asset Management Inc

TD Asset Management Inc bought a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,240 shares of the company’s stock, valued at approximately $3,463,000.

Several other large investors have also recently added to or reduced their stakes in the business. Gamco Investors INC. ET AL acquired a new stake in CoreWeave during the first quarter worth about $318,000. Goldman Sachs Group Inc. acquired a new stake in CoreWeave during the first quarter worth about $963,000. Howard Financial Services LTD. acquired a new stake in CoreWeave during the second quarter worth about $489,000. McAlister Sweet & Associates Inc. acquired a new stake in CoreWeave during the second quarter worth about $277,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in CoreWeave during the second quarter worth about $117,000.

Insider Buying and Selling

In other CoreWeave news, insider Brian M. Venturo sold 154,479 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $138.47, for a total transaction of $21,390,707.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Magnetar Financial Llc sold 18,371 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $136.62, for a total value of $2,509,846.02. Following the sale, the insider owned 903,175 shares of the company’s stock, valued at approximately $123,391,768.50. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,203,750 shares of company stock valued at $3,972,578,697.

CoreWeave Trading Down 7.2%

CRWV stock opened at $127.06 on Tuesday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 1 year low of $33.51 and a 1 year high of $187.00. The stock has a 50-day simple moving average of $116.83 and a 200-day simple moving average of $109.49.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million during the quarter. The firm’s revenue for the quarter was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Analyst Ratings Changes

Several brokerages have commented on CRWV. HC Wainwright upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research note on Thursday, August 21st. Barclays upped their price target on CoreWeave from $100.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Monday, July 21st. Morgan Stanley increased their target price on CoreWeave from $58.00 to $91.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Wednesday, August 13th. Finally, Melius upgraded CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 target price for the company in a research note on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.64.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.