CoreWeave Inc. $CRWV Stock: International Assets Investment Management LLC Trims Position

International Assets Investment Management LLC lowered its stake in shares of CoreWeave Inc. (NASDAQ:CRWV) by 69.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,000 shares of the company’s stock after selling 33,668 shares during the period. International Assets Investment Management LLC’s holdings in CoreWeave were worth $1,307,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRWV. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of CoreWeave by 66.9% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 145,356 shares of the company’s stock valued at $12,663,000 after buying an additional 58,265 shares during the period. Parcion Private Wealth LLC purchased a new stake in CoreWeave in the 3rd quarter worth approximately $374,000. Soltis Investment Advisors LLC grew its stake in CoreWeave by 76.5% in the 3rd quarter. Soltis Investment Advisors LLC now owns 3,662 shares of the company’s stock worth $319,000 after acquiring an additional 1,587 shares during the period. Choreo LLC grew its stake in CoreWeave by 22.2% in the 3rd quarter. Choreo LLC now owns 5,521 shares of the company’s stock worth $481,000 after acquiring an additional 1,004 shares during the period. Finally, Interchange Capital Partners LLC raised its holdings in CoreWeave by 51.1% in the 3rd quarter. Interchange Capital Partners LLC now owns 6,861 shares of the company’s stock valued at $598,000 after acquiring an additional 2,320 shares during the last quarter.

Insider Buying and Selling at CoreWeave

In other news, CEO Michael N. Intrator sold 200,000 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $89.18, for a total value of $17,836,000.00. Following the completion of the sale, the chief executive officer owned 1,876,815 shares of the company’s stock, valued at $167,374,361.70. This represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares in the company, valued at approximately $24,013,087.50. This represents a 58.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,211,804 shares of company stock valued at $382,310,687 over the last ninety days. Corporate insiders own 24.20% of the company’s stock.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave shares climbed alongside Oracle and Microsoft as investors warmed to Oracle’s plan to fund its AI buildout with a stock and bond sale. The improved market reaction to AI infrastructure financing may have helped lift sentiment toward the sector. Article: Oracle Rallies as Funding Overhang Clears
• Positive Sentiment: CoreWeave and CrowdStrike expanded their partnership for AI integration, a potential commercial opportunity that reinforces demand for CoreWeave’s computing infrastructure. Article: CrowdStrike and CoreWeave Expand Partnership
• Positive Sentiment: A Zacks preview said CoreWeave may beat estimates in its upcoming third-quarter report. This is an expectation, not a reported result. Article: CoreWeave Expected to Beat Earnings Estimates
• Negative Sentiment: Debt remains the key overhang: reports cite roughly $35 billion in debt, rising interest costs, and a bond yield near 15%. Despite a large revenue backlog and rapid growth, concerns about leverage and access to funding have weighed on the stock and could magnify risk if AI infrastructure financing tightens. Article: CoreWeave’s Debt Problem Article: CoreWeave’s Bond Yield Warning

CoreWeave Stock Performance

Shares of CoreWeave stock opened at $53.74 on Wednesday. The business’s fifty day moving average price is $78.05 and its 200 day moving average price is $90.65. CoreWeave Inc. has a twelve month low of $49.46 and a twelve month high of $138.25. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping the consensus estimate of ($1.52) by $0.38. The company had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. The business’s revenue was up 112.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.27) earnings per share. As a group, equities analysts expect that CoreWeave Inc. will post -4.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of CoreWeave in a research report on Monday, October 19th. HSBC reissued a “reduce” rating and issued a $39.00 price target on shares of CoreWeave in a research note on Tuesday, October 20th. The Goldman Sachs Group upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $106.00 price target for the company in a report on Monday, October 19th. JPMorgan Chase & Co. upgraded shares of CoreWeave from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $120.00 to $125.00 in a report on Thursday, September 24th. Finally, Rothschild & Co Redburn began coverage on shares of CoreWeave in a report on Monday, September 21st. They set a “sell” rating and a $54.00 price objective on the stock. Twenty-seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $130.24.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing company that provides infrastructure designed for artificial intelligence (AI), machine learning, and other high-performance computing workloads. Its platform gives customers access to accelerated computing resources, including graphics processing units (GPUs), along with the networking, storage, and software tools needed to develop, train, and deploy demanding applications.

The company offers cloud services for AI model training and inference, visual effects and rendering, scientific computing, and other data-intensive workloads.