Princeton Capital Management LLC Makes New $228,000 Investment in CoreWeave Inc. $CRWV

Princeton Capital Management LLC purchased a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,398 shares of the company’s stock, valued at approximately $228,000.

Other large investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new position in CoreWeave during the second quarter valued at $61,000. Fourth Dimension Wealth LLC purchased a new stake in shares of CoreWeave during the 2nd quarter valued at about $361,000. GPS Wealth Strategies Group LLC purchased a new stake in shares of CoreWeave during the 2nd quarter valued at about $92,000. Rockline Wealth Management LLC bought a new position in shares of CoreWeave in the 2nd quarter valued at about $951,000. Finally, Huntington National Bank purchased a new position in CoreWeave in the second quarter worth about $264,000.

Insider Buying and Selling at CoreWeave

In other news, insider Brian M. Venturo sold 29,916 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $127.94, for a total transaction of $3,827,453.04. Following the completion of the sale, the insider owned 215,486 shares of the company’s stock, valued at $27,569,278.84. The trade was a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Magnetar Financial Llc sold 7,688 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $134.94, for a total transaction of $1,037,418.72. Following the completion of the transaction, the insider directly owned 299,512 shares in the company, valued at $40,416,149.28. This represents a 2.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 36,641,792 shares of company stock valued at $4,580,958,146.

CoreWeave Trading Down 6.5%

Shares of CRWV opened at $106.93 on Friday. The firm has a market capitalization of $52.24 billion and a price-to-earnings ratio of -93.80. The company has a 50-day moving average of $123.35 and a 200 day moving average of $116.49. 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 current ratio of 0.52 and a quick ratio of 0.52.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $160.00 price objective on the stock in a research report on Thursday, July 31st. Citizens Jmp raised CoreWeave from a “market perform” rating to an “outperform” rating and set a $180.00 target price on the stock in a research report on Tuesday, September 16th. 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. Wells Fargo & Company raised shares of CoreWeave from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $105.00 to $170.00 in a research note on Tuesday, September 23rd. Finally, Arete upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price objective on the stock in a research report on Thursday, August 21st. Two 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 stock presently has an average rating of “Moderate Buy” and a consensus price target of $129.71.

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.