12,504 Shares in CoreWeave Inc. $CRWV Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. opened a new position in CoreWeave, buying 12,504 shares worth about $895,000 in the fourth quarter.
• Institutional interest remains strong overall, with Vanguard dramatically increasing its stake and several other firms also adding to their CoreWeave holdings.
• Despite strong AI demand and record bookings, CoreWeave is facing pressure from a wider-than-expected loss, weaker-than-expected revenue guidance, higher capital spending, and heavy insider selling.

ASR Vermogensbeheer N.V. acquired a new position in CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 12,504 shares of the company's stock, valued at approximately $895,000.

Other institutional investors have also recently made changes to their positions in the company. AE Wealth Management LLC purchased a new position in shares of CoreWeave in the 3rd quarter worth $4,241,000. Vanguard Group Inc. boosted its stake in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock worth $1,999,421,000 after buying an additional 20,487,478 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of CoreWeave by 6,022.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company's stock worth $8,075,000 after buying an additional 110,926 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of CoreWeave by 67.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company's stock worth $4,794,000 after buying an additional 26,907 shares during the last quarter. Finally, Hidden Lake Asset Management LP purchased a new position in shares of CoreWeave in the 3rd quarter worth $14,814,000.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said bookings hit the strongest level in company history and backlog remains very large, reinforcing that demand for AI infrastructure is still extremely strong. CoreWeave Reports 'Strongest' Bookings
• Positive Sentiment: Analysts and commentators remain constructive on the long-term AI growth story, with some saying the pullback may create an attractive entry point despite near-term volatility. Seeking Alpha rating upgrade
• Neutral Sentiment: The company also highlighted product momentum, including expanded SUNK capabilities and SUNK Anywhere, which could support customer adoption over time. CoreWeave expands SUNK capabilities
• Neutral Sentiment: JPMorgan and Mizuho raised price targets but kept neutral ratings, suggesting Wall Street sees value but is still cautious on the stock’s near-term execution risk. Analyst target updates
• Negative Sentiment: CoreWeave reported a larger quarterly loss than expected as operating expenses climbed, fueling concerns that profitability remains distant even with rapid revenue growth. WSJ on widened Q1 loss
• Negative Sentiment: Second-quarter revenue guidance came in below consensus, and the company also lifted its capital spending outlook, creating concern about slower conversion of demand into revenue and continued heavy investment. CoreWeave forecast miss and higher capex
• Negative Sentiment: Recent insider and major shareholder selling, including sales by CEO Michael Intrator, Brian Venturo, Chen Goldberg, and Magnetar Financial, is adding short-term pressure on sentiment. CEO Form 4 filing

Insider Activity at CoreWeave

In other news, insider Brian M. Venturo sold 1,125,000 shares of the business's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $80.86, for a total value of $90,967,500.00. Following the transaction, the insider directly owned 285,327 shares in the company, valued at $23,071,541.22. The trade was a 79.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the business's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $118.30, for a total value of $166,172,106.10. Following the completion of the transaction, the insider owned 282,570 shares in the company, valued at $33,428,031. The trade was a 83.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 24,140,849 shares of company stock worth $2,703,881,259 in the last ninety days.

Analyst Upgrades and Downgrades

CRWV has been the topic of a number of research reports. Citigroup raised their price target on CoreWeave from $126.00 to $155.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Barclays raised their price objective on shares of CoreWeave from $90.00 to $106.00 and gave the stock an "equal weight" rating in a report on Monday, April 20th. DA Davidson raised their price objective on shares of CoreWeave from $125.00 to $175.00 and gave the stock a "buy" rating in a report on Monday, April 13th. Cantor Fitzgerald raised their price objective on shares of CoreWeave from $149.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. Finally, UBS Group reissued a "neutral" rating on shares of CoreWeave in a report on Friday, January 16th. Twenty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.09.

CoreWeave Price Performance

Shares of NASDAQ:CRWV opened at $114.15 on Monday. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave Inc. has a 1-year low of $50.18 and a 1-year high of $187.00. The company has a market capitalization of $50.57 billion, a P/E ratio of -36.70 and a beta of 7.84. The firm's 50 day simple moving average is $94.19 and its two-hundred day simple moving average is $92.34.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 47.88%. The firm had revenue of $1.57 billion for the quarter. The company's quarterly revenue was up 110.4% on a year-over-year basis. Research analysts expect that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

CoreWeave Company Profile

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.

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