2,194 Shares in CoreWeave Inc. $CRWV Purchased by KG&L Capital Management LLC

KG&L Capital Management LLC bought a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,194 shares of the company’s stock, valued at approximately $358,000.

Several other institutional investors also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL raised its stake in shares of CoreWeave by 29.2% during the second quarter. Strategic Investment Solutions Inc. IL now owns 6,802 shares of the company’s stock worth $1,109,000 after buying an additional 1,537 shares during the last quarter. Magnus Financial Group LLC acquired a new stake in CoreWeave during the 2nd quarter worth $903,000. Floyd Financial Group LLC bought a new stake in shares of CoreWeave during the 2nd quarter valued at $2,714,000. SJS Investment Consulting Inc. acquired a new position in shares of CoreWeave in the 2nd quarter valued at $384,000. Finally, Golden State Equity Partners bought a new position in shares of CoreWeave in the 2nd quarter worth $276,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CRWV shares. Argus reiterated a “buy” rating and issued a $200.00 price objective on shares of CoreWeave in a report on Thursday, August 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $116.00 price target on shares of CoreWeave in a research note on Tuesday, September 16th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Wednesday, August 13th. HSBC assumed coverage on shares of CoreWeave in a report on Wednesday, July 16th. They issued a “reduce” rating and a $32.00 target price on the stock. Finally, Bank of America decreased their price target on shares of CoreWeave from $185.00 to $168.00 and set a “neutral” rating for the company in a report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $124.96.

Insider Transactions at CoreWeave

In other news, insider Kristen J. Mcveety sold 95,000 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $126.86, for a total transaction of $12,051,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Brannin Mcbee sold 250,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $131.83, for a total value of $32,957,500.00. Following the completion of the sale, the insider directly owned 121,965 shares in the company, valued at approximately $16,078,645.95. This represents a 67.21% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,928,066 shares of company stock valued at $2,247,880,573.

CoreWeave Stock Down 5.0%

Shares of CRWV opened at $120.34 on Monday. CoreWeave Inc. has a twelve month low of $33.51 and a twelve month high of $187.00. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a 50 day moving average of $110.86.

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

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.