Legal & General Group Plc Grows Holdings in CoreWeave Inc. $CRWV

Legal & General Group Plc raised its position in CoreWeave Inc. (NASDAQ:CRWV) by 8,455.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 611,301 shares of the company’s stock after buying an additional 604,156 shares during the period. Legal & General Group Plc’s holdings in CoreWeave were worth $43,775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC increased its holdings in 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 buying an additional 251 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in CoreWeave in the third quarter valued at $27,000. Aspect Partners LLC purchased a new position in CoreWeave in the third quarter valued at $28,000. Cullen Frost Bankers Inc. increased its holdings in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after buying an additional 121 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new position in CoreWeave in the third quarter valued at $30,000.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wells Fargo & Company boosted their target price on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of CoreWeave in a research note on Monday, May 4th. HC Wainwright reissued a “buy” rating and set a $180.00 target price on shares of CoreWeave in a research note on Monday, March 2nd. Barclays boosted their target price on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Wolfe Research assumed coverage on shares of CoreWeave in a research note on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price for the company. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.63.

Insider Buying and Selling

In related news, Director Jack D. Cogen sold 986,540 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total transaction of $106,349,012.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $118.30, for a total transaction of $166,172,106.10. Following the transaction, the insider owned 282,570 shares in the company, valued at $33,428,031. The trade was a 83.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,265,642 shares of company stock worth $3,043,956,040.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

CoreWeave Stock Up 2.5%

CRWV stock opened at $109.53 on Friday. The stock has a market capitalization of $49.02 billion, a P/E ratio of -35.22 and a beta of 7.84. The firm has a 50-day simple moving average of $102.63 and a 200-day simple moving average of $90.63. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $187.00.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The business had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue was up 111.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.60) EPS. Equities analysts forecast that CoreWeave Inc. will post -4.84 earnings per share for the current fiscal year.

About CoreWeave

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.