CoreWeave Inc. $CRWV Shares Bought by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS increased its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV) by 207.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,151 shares of the company’s stock after buying an additional 52,766 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in CoreWeave were worth $6,809,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Parallel Advisors LLC lifted its holdings in shares of CoreWeave by 12.5% in the third quarter. Parallel Advisors LLC now owns 7,634 shares of the company’s stock valued at $665,000 after purchasing an additional 846 shares in the last quarter. Alps Advisors Inc. increased its stake in CoreWeave by 178.8% in the 3rd quarter. Alps Advisors Inc. now owns 14,460 shares of the company’s stock valued at $1,260,000 after buying an additional 9,273 shares during the last quarter. Canvas Wealth Advisors LLC bought a new stake in CoreWeave during the 3rd quarter worth about $1,616,000. International Assets Investment Management LLC grew its holdings in shares of CoreWeave by 14.6% in the 3rd quarter. International Assets Investment Management LLC now owns 55,789 shares of the company’s stock valued at $4,941,000 after acquiring an additional 7,121 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC bought a new position in shares of CoreWeave in the 3rd quarter valued at about $232,000.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of the firm’s stock in a transaction 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 sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $95.72, for a total value of $19,144,000.00. Following the completion of the transaction, the chief executive officer owned 1,676,815 shares in the company, valued at approximately $160,504,731.80. The trade was a 10.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,021,100 shares of company stock valued at $364,306,253 in the last ninety days. 24.20% of the stock is currently owned by company insiders.

CoreWeave Price Performance

NASDAQ:CRWV opened at $46.40 on Monday. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market cap of $21.29 billion, a price-to-earnings ratio of -12.71 and a beta of 7.71. CoreWeave Inc. has a 52 week low of $40.58 and a 52 week high of $138.25. The firm’s 50-day simple moving average is $75.56 and its 200 day simple moving average is $89.88.

CoreWeave (NASDAQ:CRWV) last announced its 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 for the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.27) earnings per share. As a group, sell-side analysts predict that CoreWeave Inc. will post -4.97 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRWV. Btg Pactual set a $125.00 price target on CoreWeave in a research report on Monday, September 21st. Morgan Stanley lowered their price objective on shares of CoreWeave from $99.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Friday, October 23rd. BTIG Research started coverage on CoreWeave in a report on Wednesday, July 22nd. They set a “buy” rating for the company. Robert W. Baird lifted their target price on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $106.00 price objective on the stock in a report on Monday, October 19th. Twenty-seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.41.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Better-than-expected results from other AI-cloud companies helped spark a sector relief rally, lifting CoreWeave after Thursday’s losses. Article: Cloudflare and IREN earnings spark an AI-cloud rebound
• Positive Sentiment: Investors are looking to strong AI demand, a reported $104 billion backlog and expanding infrastructure as potential supports for CoreWeave’s Q3 results. Article: CRWV poised for a Q3 earnings beat
• Neutral Sentiment: Q3 expectations point to rapid growth—guidance implies roughly 158% year-over-year revenue growth—but an adjusted operating margin of about 6.5% would underscore that growth is not yet translating into robust profitability. Article: CoreWeave stock is no bargain—earnings preview
• Negative Sentiment: CoreWeave’s bond yield has topped 16%, signaling heightened concern about the cost of financing its infrastructure expansion. High leverage and a 0.46 current ratio add to refinancing and liquidity risks. Article: CoreWeave bond yield tops 16%
• Negative Sentiment: Investors are also weighing possible tighter rules and slower permitting for data centers, including in Texas, a key market for infrastructure growth. Article: Is CoreWeave facing a growth squeeze from data-center rules?
• Negative Sentiment: A broader pullback in AI and data-center stocks, alongside an analyst downgrade and a price-target cut, has added pressure ahead of earnings. Article: AI stocks hammered as data-center concerns rise

CoreWeave Profile

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads.

The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.

Co-founder Michael Intrator serves as CoreWeave’s chief executive officer.