Lmdagg L.L.C. Takes $48.03 Million Position in CoreWeave Inc. $CRWV

Lmdagg L.L.C. acquired a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 294,554 shares of the company’s stock, valued at approximately $48,030,000. CoreWeave comprises 61.0% of Lmdagg L.L.C.’s investment portfolio, making the stock its biggest holding. Lmdagg L.L.C. owned about 0.06% of CoreWeave as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Apexium Financial LP bought a new position in shares of CoreWeave during the second quarter worth $1,044,000. Chung Wu Investment Group LLC acquired a new position in shares of CoreWeave in the 2nd quarter valued at approximately $755,000. Cisco Systems Inc. acquired a new stake in CoreWeave during the 2nd quarter worth approximately $173,493,000. Gamco Investors INC. ET AL bought a new position in CoreWeave in the first quarter valued at approximately $318,000. Finally, Rockline Wealth Management LLC bought a new stake in shares of CoreWeave during the second quarter worth $951,000.

Insiders Place Their Bets

In other CoreWeave news, SVP Chen Goldberg sold 19,180 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $118.30, for a total value of $2,268,994.00. Following the completion of the sale, the senior vice president directly owned 37,084 shares of the company’s stock, valued at $4,387,037.20. This trade represents a 34.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian M. Venturo sold 29,916 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $127.94, for a total transaction of $3,827,453.04. Following the transaction, the insider owned 215,486 shares of the company’s stock, valued at approximately $27,569,278.84. The trade was a 12.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,743,427 shares of company stock valued at $4,592,624,537 over the last ninety days.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Evercore ISI assumed coverage on CoreWeave in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $175.00 target price on the stock. Loop Capital initiated coverage on CoreWeave in a research note on Friday, September 19th. They issued a “buy” rating and a $165.00 target price for the company. Seaport Res Ptn raised shares of CoreWeave to a “hold” rating in a report on Monday, September 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CoreWeave in a research note on Tuesday, October 14th. Finally, HSBC began coverage on CoreWeave in a research report on Wednesday, July 16th. They set a “reduce” rating and a $32.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $129.71.

CoreWeave Trading Down 2.7%

CRWV stock opened at $104.01 on Monday. CoreWeave Inc. has a 12 month low of $33.51 and a 12 month high of $187.00. The company has a market capitalization of $50.82 billion and a PE ratio of -91.24. The firm’s 50-day moving average is $123.37 and its 200 day moving average is $118.05. 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 quarterly earnings data 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. The business’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.