Nissay Asset Management Corp Japan Increases Position in CoreWeave Inc. $CRWV

Nissay Asset Management Corp Japan increased its position in shares of CoreWeave Inc. (NASDAQ:CRWV) by 259.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,284 shares of the company’s stock after purchasing an additional 78,907 shares during the period. Nissay Asset Management Corp Japan’s holdings in CoreWeave were worth $10,878,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the period. Greenline Wealth Management LLC bought a new stake in CoreWeave during the 4th quarter valued at approximately $28,000. Essential Partners LLC purchased a new position in CoreWeave in the 2nd quarter worth approximately $30,000. Finally, Peterson Wealth Services lifted its holdings in CoreWeave by 153.1% in the 1st quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after purchasing an additional 245 shares in the last quarter.

CoreWeave Price Performance

CoreWeave stock opened at $84.23 on Friday. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm’s fifty day moving average is $87.16 and its 200 day moving average is $94.80. The company has a market cap of $38.65 billion, a price-to-earnings ratio of -23.08 and a beta of 7.44.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.27) earnings per share. Sell-side analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is being integrated into Rescale’s AI cloud platform, extending its reach into engineering, simulation, research and development, and other enterprise workloads. The partnership could broaden customer adoption and improve utilization of CoreWeave’s GPU infrastructure. CoreWeave Enters Next Generation Engineering AI Workloads
• Positive Sentiment: Truist said NVIDIA’s reported 17% GPU price increase may not materially damage CoreWeave’s margins. Strong AI demand, customer pricing power, and contract structures could allow CoreWeave to pass through higher equipment costs, supporting the firm’s bullish outlook. NVIDIA’s GPU Price Hikes Look Bad for CoreWeave
• Neutral Sentiment: CoreWeave’s latest results showed revenue growth of 112.5% year over year to $2.58 billion, while adjusted losses were narrower than analysts expected. However, the company remains unprofitable, with analysts forecasting a full-year loss, and carries a debt-to-equity ratio of 5.53. Analyst opinions are mixed, although the consensus rating remains “Moderate Buy.”
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $27.3 million, while CFO Nitin Agrawal sold about $488,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their value as a signal of current management sentiment, but the combined sales add near-term supply and investor concern. CoreWeave Insider Selling
• Negative Sentiment: Investors continue to debate whether rising GPU costs, potential future price competition among “neocloud” providers, and CoreWeave’s substantial debt will limit profitability. Those risks are particularly important because the company is investing heavily to expand capacity despite negative earnings and weak liquidity ratios.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Raymond James Financial cut shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of CoreWeave in a research report on Wednesday, August 12th. Robert W. Baird raised their target price on shares of CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Truist Financial lifted their price target on shares of CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a report on Monday, August 24th. Finally, Citigroup boosted their price target on shares of CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $141.90.

Insider Activity

In other news, CEO Michael N. Intrator sold 278,560 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total value of $27,140,100.80. Following the completion of the sale, the chief executive officer directly owned 3,138,612 shares of the company’s stock, valued at $305,794,967.16. This trade represents a 8.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.75, for a total value of $33,400,496.25. Following the completion of the transaction, the insider owned 220,810 shares of the company’s stock, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 7,701,466 shares of company stock valued at $735,324,843. 24.20% of the stock is currently owned by company insiders.

CoreWeave Company 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.