CoreWeave Inc. $CRWV Stock Purchased by ProShare Advisors LLC

ProShare Advisors LLC raised its position in CoreWeave Inc. (NASDAQ:CRWV) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 444,714 shares of the company’s stock after acquiring an additional 27,879 shares during the quarter. ProShare Advisors LLC owned approximately 0.10% of CoreWeave worth $38,743,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CRWV. Parallel Advisors LLC increased its position in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after purchasing an additional 91 shares during the last quarter. Pathway Wealth Management LLC lifted its position in shares of CoreWeave by 2.9% during the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after purchasing an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV grew its stake in shares of CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after purchasing an additional 104 shares in the last quarter. WPG Advisers LLC grew its stake in shares of CoreWeave by 14.1% during the first quarter. WPG Advisers LLC now owns 1,159 shares of the company’s stock worth $90,000 after purchasing an additional 143 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of CoreWeave by 3.6% during the second quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock worth $411,000 after purchasing an additional 145 shares in the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is adding AI-cloud capacity in Denmark and building a dedicated backbone connecting Europe with customers in the Middle East and Asia-Pacific. Management says the expanded platform will serve enterprise AI clients across four continents, supporting the company’s long-term growth strategy. CoreWeave Adds Denmark Capacity to Its Global AI Cloud Platform
• Positive Sentiment: A bullish investment analysis highlights CoreWeave’s potentially rapid growth as demand for AI computing expands, though the opportunity is framed as most suitable for aggressive investors because of the company’s risk profile. CoreWeave’s Meteoric Growth Potential
• Neutral Sentiment: Analysts continue to rate CoreWeave around “Moderate Buy,” while comparisons with Microsoft emphasize CRWV’s greater upside potential but also substantially higher risk, debt and concentration. CoreWeave Rated Moderate Buy
• Negative Sentiment: AI-cloud stocks sold off as investors questioned whether major technology companies will continue spending aggressively on outside computing capacity. Microsoft’s lower-than-expected capital expenditures intensified concerns about AI infrastructure demand, data-center delivery timelines and future revenue growth for neocloud providers. Why Neocloud Stocks Are Falling After Microsoft’s Capex Miss
• Negative Sentiment: Comments attributed to Microsoft CEO Satya Nadella criticizing business models dependent on renting AI capacity to a small number of large customers raised concerns about CoreWeave’s customer concentration and business durability. Satya Nadella Just Took a Shot at Oracle and CoreWeave
• Negative Sentiment: Reports that CoreWeave’s debt prices have weakened sharply are fueling fears about refinancing and potential default risk. The company’s leveraged balance sheet makes higher interest costs, slower customer demand or delayed data-center deployments particularly damaging. Elon Musk vs. Jensen Huang: Who Is Right About CoreWeave?
• Negative Sentiment: A shareholder litigation firm said it is investigating potential claims involving CoreWeave’s officers and directors, adding a legal and reputational risk overhang. Investor Action Notice Regarding CoreWeave

Insider Activity

In other CoreWeave news, insider Brian Venturo sold 65,616 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total transaction of $5,753,867.04. Following the completion of the sale, the insider directly owned 302,526 shares of the company’s stock, valued at approximately $26,528,504.94. This trade represents a 17.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Nitin Agrawal sold 22,579 shares of CoreWeave stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $80.13, for a total value of $1,809,255.27. Following the completion of the transaction, the chief financial officer owned 110,017 shares in the company, valued at $8,815,662.21. This trade represents a 17.03% decrease in their ownership of the stock. 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 sold 4,545,101 shares of company stock worth $412,905,249 over the last quarter. 24.20% of the stock is owned by insiders.

CoreWeave Stock Performance

Shares of CoreWeave stock opened at $54.87 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 company has a market capitalization of $25.18 billion, a P/E ratio of -15.03 and a beta of 7.36. CoreWeave Inc. has a 1 year low of $51.24 and a 1 year high of $138.36. The company’s fifty day moving average is $79.45 and its two-hundred day moving average is $91.02.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company posted ($0.27) earnings per share. CoreWeave’s quarterly revenue was up 112.5% on a year-over-year basis. Analysts forecast that CoreWeave Inc. will post -4.97 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group cut their price target on CoreWeave from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, September 21st. Barclays increased their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a report on Thursday, August 13th. Finally, Btg Pactual set a $125.00 target price on CoreWeave in a research report on Monday, September 21st. Twenty-seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $130.24.

About CoreWeave

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.