11,190 Shares in CoreWeave Inc. $CRWV Purchased by RWQ Financial Management Services Inc.

RWQ Financial Management Services Inc. acquired a new position in CoreWeave Inc. (NASDAQ:CRWV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,190 shares of the company’s stock, valued at approximately $1,825,000. CoreWeave comprises about 0.8% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 20th biggest position.

Several other large investors have also added to or reduced their stakes in CRWV. Chelsea Counsel Co. bought a new position in CoreWeave in the 2nd quarter worth about $33,000. SOA Wealth Advisors LLC. boosted its stake in CoreWeave by 275.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company’s stock worth $61,000 after purchasing an additional 275 shares during the period. Costello Asset Management INC boosted its stake in CoreWeave by 33.3% in the 2nd quarter. Costello Asset Management INC now owns 400 shares of the company’s stock worth $65,000 after purchasing an additional 100 shares during the period. Western Pacific Wealth Management LP bought a new position in CoreWeave in the 2nd quarter worth about $82,000. Finally, Webster Bank N. A. bought a new position in CoreWeave in the 2nd quarter worth about $82,000.

CoreWeave Trading Down 3.4%

NASDAQ:CRWV opened at $136.87 on Friday. The business has a 50 day moving average of $117.09 and a 200 day moving average of $108.23. CoreWeave Inc. has a 1-year low of $33.51 and a 1-year 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.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The company had revenue of $1.21 million during the quarter. CoreWeave’s quarterly 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, major shareholder Magnetar Financial Llc sold 18,371 shares of the business’s stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $136.62, for a total value of $2,509,846.02. Following the completion of the sale, the insider owned 903,175 shares in the company, valued at $123,391,768.50. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian M. Venturo sold 154,479 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $138.47, for a total value of $21,390,707.13. The disclosure for this sale can be found here. Insiders sold a total of 32,203,750 shares of company stock valued at $3,972,578,697 in the last 90 days.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CRWV. Wells Fargo & Company upgraded CoreWeave from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $105.00 to $170.00 in a research note on Tuesday, September 23rd. Bank of America dropped their price target on CoreWeave from $185.00 to $168.00 and set a “neutral” rating for the company in a research report on Wednesday, August 13th. Loop Capital assumed coverage on CoreWeave in a research report on Friday, September 19th. They set a “buy” rating and a $165.00 price target for the company. Stifel Nicolaus lifted their price target on CoreWeave from $115.00 to $120.00 and gave the company a “hold” rating in a research report on Wednesday, August 13th. Finally, HC Wainwright upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $127.64.

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.