Stratos Wealth Partners LTD. Acquires New Holdings in CoreWeave Inc. $CRWV

Stratos Wealth Partners LTD. acquired a new stake in CoreWeave Inc. (NASDAQ:CRWV) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,790 shares of the company’s stock, valued at approximately $1,107,000.

Other large investors have also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL acquired a new stake in shares of CoreWeave during the 1st quarter worth about $318,000. Goldman Sachs Group Inc. acquired a new stake in shares of CoreWeave during the 1st quarter worth about $963,000. Howard Financial Services LTD. acquired a new stake in shares of CoreWeave during the 2nd quarter worth about $489,000. McAlister Sweet & Associates Inc. acquired a new stake in shares of CoreWeave during the 2nd quarter worth about $277,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CoreWeave during the 2nd quarter worth about $117,000.

Analyst Ratings Changes

Several equities research analysts have issued reports on CRWV shares. Melius raised shares of CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 price target on the stock in a research note on Tuesday, September 23rd. Citizens Jmp raised shares of CoreWeave from a “market perform” rating to an “outperform” rating and set a $180.00 price target on the stock in a research note on Tuesday, September 16th. Citigroup raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $160.00 price target on the stock in a research note on Thursday, July 31st. Loop Capital began coverage on shares of CoreWeave in a report on Friday, September 19th. They set a “buy” rating and a $165.00 price objective on the stock. Finally, Evercore ISI began coverage on shares of CoreWeave in a report on Tuesday, September 30th. They set an “outperform” rating and a $175.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $127.64.

Insider Activity at CoreWeave

In related news, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $125.60, for a total value of $182,253,512.80. Following the transaction, the insider owned 363,631 shares in the company, valued at approximately $45,672,053.60. This trade represents a 79.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jack D. Cogen sold 1,112,004 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $94.69, for a total transaction of $105,295,658.76. Following the sale, the director owned 12,329,676 shares in the company, valued at $1,167,497,020.44. This represents a 8.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,203,750 shares of company stock worth $3,972,578,697 in the last 90 days.

CoreWeave Price Performance

Shares of CRWV stock opened at $125.06 on Wednesday. CoreWeave Inc. has a 1-year low of $33.51 and a 1-year high of $187.00. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. The firm’s 50-day simple moving average is $116.36 and its 200-day simple moving average is $109.60.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The company had revenue of $1.21 million for the quarter. CoreWeave’s 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.

About CoreWeave

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.