Ameriflex Group Inc. Purchases New Position in CoreWeave Inc. $CRWV

Ameriflex Group Inc. purchased a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) during the 2nd quarter, Holdings Channel reports. The fund purchased 1,190 shares of the company’s stock, valued at approximately $188,000.

Several other hedge funds have also added to or reduced their stakes in the business. Fortis Capital Advisors LLC acquired a new stake in CoreWeave during the 2nd quarter worth approximately $349,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in CoreWeave during the 2nd quarter worth approximately $334,000. Matauro LLC acquired a new stake in CoreWeave during the 2nd quarter worth approximately $2,465,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in CoreWeave during the 2nd quarter worth approximately $6,992,000. Finally, SOA Wealth Advisors LLC. boosted its position in CoreWeave by 275.0% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company’s stock worth $61,000 after buying an additional 275 shares during the period.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, insider Brannin Mcbee sold 157,903 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $138.59, for a total transaction of $21,883,776.77. Following the completion of the sale, the insider owned 185,181 shares in the company, valued at approximately $25,664,234.79. The trade was a 46.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brian M. Venturo sold 310,480 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $135.67, for a total transaction of $42,122,821.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,442,080 shares of company stock worth $2,734,572,109.

CoreWeave Stock Performance

Shares of CRWV stock opened at $134.79 on Friday. The company’s fifty day simple moving average is $111.91. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.52 and a quick ratio of 0.52. CoreWeave Inc. has a 12 month low of $33.51 and a 12 month high of $187.00.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CRWV shares. Evercore ISI started coverage on shares of CoreWeave in a research report on Tuesday, September 30th. They set an “outperform” rating and a $175.00 target price on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of CoreWeave in a research report on Wednesday, August 13th. HSBC assumed coverage on shares of CoreWeave in a research report on Wednesday, July 16th. They set a “reduce” rating and a $32.00 target price on the stock. Melius upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 price target on the stock in a research report on Tuesday, September 23rd. Finally, Morgan Stanley boosted their price target on shares of CoreWeave from $58.00 to $91.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.