Wealthcare Advisory Partners LLC Takes Position in CoreWeave Inc. $CRWV

Wealthcare Advisory Partners LLC bought a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,520 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors have also recently made changes to their positions in CRWV. Cisco Systems Inc. bought a new stake in shares of CoreWeave in the second quarter valued at about $173,493,000. Sivia Capital Partners LLC bought a new stake in shares of CoreWeave in the second quarter valued at about $39,824,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of CoreWeave in the second quarter valued at about $6,992,000. Renaissance Capital LLC bought a new stake in shares of CoreWeave in the second quarter valued at about $5,131,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of CoreWeave in the first quarter valued at about $963,000.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays lifted their price objective on CoreWeave from $100.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, July 21st. Melius upgraded CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Tuesday, September 23rd. Mizuho reiterated a “neutral” rating and issued a $150.00 target price (up from $70.00) on shares of CoreWeave in a report on Tuesday, July 8th. JMP Securities upgraded shares of CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 target price for the company in a report on Tuesday, September 16th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $127.64.

CoreWeave Trading Down 3.2%

Shares of NASDAQ CRWV opened at $138.43 on Friday. The business’s 50 day moving average price is $114.79 and its 200 day moving average price is $105.80. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week 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.

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

Insider Buying and Selling

In related news, Director Jack D. Cogen sold 1,112,004 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $94.69, for a total value of $105,295,658.76. Following the completion of the transaction, the director directly owned 12,329,676 shares of the company’s stock, valued at approximately $1,167,497,020.44. This represents a 8.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the stock in a transaction 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 completion of the transaction, the insider directly owned 363,631 shares of the company’s stock, valued at approximately $45,672,053.60. This represents a 79.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,601,752 shares of company stock worth $3,317,675,109 in the last quarter.

CoreWeave 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.