Cerebras Systems Inc. $CBRS Stock Acquired by International Assets Investment Management LLC

Posted by Brian Himes on Nov 10th, 2026

International Assets Investment Management LLC grew its holdings in Cerebras Systems Inc. (NASDAQ:CBRS – Free Report) by 509.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,392 shares of the company’s stock after purchasing an additional 6,179 shares during the quarter. International Assets Investment Management LLC’s holdings in Cerebras Systems were worth $1,253,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Value Aligned Research Advisors LLC acquired a new stake in Cerebras Systems during the 2nd quarter worth approximately $241,934,000. Wellington Management Group LLP acquired a new position in shares of Cerebras Systems in the second quarter worth $194,853,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Cerebras Systems by 59.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 490,139 shares of the company’s stock worth $87,073,000 after acquiring an additional 183,035 shares in the last quarter. State Street Corp purchased a new stake in shares of Cerebras Systems during the second quarter worth $105,343,000. Finally, Dragoneer Investment Group LLC purchased a new stake in shares of Cerebras Systems during the second quarter worth $88,400,000.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 price objective on shares of Cerebras Systems in a research note on Wednesday, August 19th. Weiss Ratings lowered Cerebras Systems from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, November 4th. Wall Street Zen upgraded Cerebras Systems from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Wedbush lowered their price objective on Cerebras Systems from $290.00 to $190.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Jefferies Financial Group raised shares of Cerebras Systems to an “outperform” rating in a report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.80.

Check Out Our Latest Analysis on Cerebras Systems

Cerebras Systems Price Performance

NASDAQ:CBRS opened at $96.70 on Tuesday. The stock has a market capitalization of $22.97 billion and a price-to-earnings ratio of -1,208.75. The company has a fifty day simple moving average of $157.63. The company has a quick ratio of 5.80, a current ratio of 5.82 and a debt-to-equity ratio of 0.02. Cerebras Systems Inc. has a 12 month low of $77.84 and a 12 month high of $386.34.

Cerebras Systems (NASDAQ:CBRS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($2.98) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($2.77). The business had revenue of $209.87 million during the quarter. The company’s revenue was up 74.3% compared to the same quarter last year. As a group, equities analysts anticipate that Cerebras Systems Inc. will post -0.52 EPS for the current year.

Insider Activity

In other Cerebras Systems news, Director Steven Vassallo sold 50,000 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $210.30, for a total transaction of $10,515,000.00. Following the transaction, the director owned 171,977 shares of the company’s stock, valued at approximately $36,166,763.10. This trade represents a 22.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Dhiraj Mallick sold 396,000 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $204.04, for a total value of $80,799,840.00. Following the transaction, the chief operating officer directly owned 396,000 shares in the company, valued at approximately $80,799,840. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,924,452 shares of company stock valued at $394,628,154 over the last 90 days.

About Cerebras Systems

(Free Report)

Cerebras Systems develops computing systems and software designed for artificial intelligence and other compute-intensive workloads. Its products are built around the Wafer-Scale Engine, a large processor designed to support AI model training and inference, and include the CS-3 system and related software.

The company also offers cloud-based access to its AI computing infrastructure, giving customers a way to run AI workloads without deploying its systems on site. Its offerings are aimed at organizations developing and operating large AI models, including businesses, research institutions and public-sector customers.

Founded in 2015, Cerebras is headquartered in Sunnyvale, California.