CoreWeave Inc. $CRWV Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 30.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 73,470 shares of the company’s stock after purchasing an additional 17,196 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in CoreWeave were worth $7,313,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Legal & General Group Plc raised its position in CoreWeave by 8,455.6% during the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after acquiring an additional 604,156 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in CoreWeave in the 2nd quarter worth approximately $15,543,000. California State Teachers Retirement System grew its stake in shares of CoreWeave by 25.5% during the 1st quarter. California State Teachers Retirement System now owns 320,011 shares of the company’s stock worth $24,791,000 after purchasing an additional 64,960 shares during the period. Bank of New York Mellon Corp grew its stake in shares of CoreWeave by 12.6% during the 1st quarter. Bank of New York Mellon Corp now owns 353,702 shares of the company’s stock worth $27,401,000 after purchasing an additional 39,599 shares during the period. Finally, Ardmore Road Asset Management LP increased its holdings in shares of CoreWeave by 3,410.0% during the 1st quarter. Ardmore Road Asset Management LP now owns 351,000 shares of the company’s stock valued at $27,192,000 after purchasing an additional 341,000 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRWV. Mizuho boosted their target price on shares of CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Jefferies Financial Group lowered shares of CoreWeave from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Citigroup lifted their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research report on Friday, August 7th. Finally, Wells Fargo & Company increased their target price on shares of CoreWeave from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Twenty-one analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.90.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave will participate in the Goldman Sachs Communacopia + Technology Conference on September 8, where CEO Michael Intrator is scheduled to speak. The event could provide investors with updates on demand, capacity expansion and financial guidance. CoreWeave to Participate in the Goldman Sachs Communacopia + Technology Conference
• Positive Sentiment: Rescale selected CoreWeave Cloud for demanding AI and simulation workloads, expanding CoreWeave’s reach among engineering and research customers. The partnership reinforces the company’s growth narrative, although one analysis argued the stock could be about 21% overvalued after the deal. CoreWeave Could Be 21% Overvalued After the Rescale Cloud Deal
• Positive Sentiment: Jim Cramer identified CoreWeave as his preferred neocloud company, providing favorable visibility for CRWV among retail investors despite competition from IREN and Nebius. Jim Cramer Backs CoreWeave
• Neutral Sentiment: Goldman Sachs said the AI spending cycle may still be in its early stages, supporting the long-term market opportunity for CoreWeave but cautioning that future winners may differ from the stocks that led the initial AI rally. Goldman Sachs Says the AI Trade Is Barely Started
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares for approximately $25.1 million, and insider Kristen McVeety sold 156,000 shares for about $12.7 million. The trades were made under pre-arranged Rule 10b5-1 plans, but their size may weigh on sentiment. CoreWeave SEC Insider Sale Filing
• Negative Sentiment: Analysts continue to highlight CoreWeave’s heavy financing burden: quarterly interest expense reportedly approached four times operating income, while the company’s debt-to-equity ratio remains elevated. OpenAI CEO Sam Altman’s warning about potentially unsustainable neocloud expansion adds further risk to the growth outlook. CoreWeave’s Interest Bill Is Nearly 4x Operating Income

Insider Activity at CoreWeave

In other news, CFO Nitin Agrawal sold 5,509 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total transaction of $488,317.76. Following the completion of the sale, the chief financial officer owned 132,596 shares of the company’s stock, valued at $11,753,309.44. The trade was a 3.99% decrease in their ownership of the stock. 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. Also, insider Brannin Mcbee sold 500 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $85.51, for a total transaction of $42,755.00. Following the transaction, the insider owned 48,000 shares of the company’s stock, valued at approximately $4,104,480. This trade represents a 1.03% 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 7,610,159 shares of company stock worth $705,653,344 in the last ninety days. 24.20% of the stock is owned by company insiders.

CoreWeave Trading Up 5.7%

Shares of NASDAQ:CRWV opened at $89.36 on Friday. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20. The firm has a market capitalization of $41.00 billion, a price-to-earnings ratio of -24.48 and a beta of 7.45. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. The business’s 50 day moving average price is $85.33 and its 200-day moving average price is $94.40.

CoreWeave (NASDAQ:CRWV) last issued 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 net margin of 25.41% and a negative return on equity of 47.95%. CoreWeave’s revenue was up 112.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) EPS. On average, equities research analysts forecast that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

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.