29,216 CoreWeave Inc. $CRWV Shares Acquired by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its CoreWeave stake by 68.6% in the second quarter, acquiring 29,216 shares and bringing its holdings to 71,795 shares valued at approximately $7.15 million.
• CoreWeave reported 112.5% year-over-year revenue growth to $2.58 billion and beat quarterly EPS expectations, while analysts maintain a “Moderate Buy” consensus with an average price target of $138.78.
• Despite strong AI infrastructure demand and bullish analyst views, insider selling, heavy debt, negative profitability and valuation concerns remain significant risks; insiders sold more than 6.4 million shares worth about $557.7 million over the past 90 days.

Envestnet Asset Management Inc. grew its holdings in CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 68.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,795 shares of the company's stock after acquiring an additional 29,216 shares during the period. Envestnet Asset Management Inc.'s holdings in CoreWeave were worth $7,146,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of CRWV. Essential Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter worth about $30,000. Burnham & Co LLC purchased a new stake in shares of CoreWeave in the 2nd quarter worth approximately $32,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of CoreWeave in the 1st quarter valued at $31,000. Allied Private Wealth LLC purchased a new stake in shares of CoreWeave during the second quarter valued at about $40,000. Finally, Peterson Wealth Services grew its holdings in CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company's stock worth $31,000 after purchasing an additional 245 shares during the last quarter.

Insiders Place Their Bets

In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of the firm's stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $78.23, for a total value of $15,646,000.00. Following the sale, the chief executive officer directly owned 2,476,815 shares in the company, valued at approximately $193,761,237.45. This trade represents a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the transaction, the insider directly owned 220,810 shares of the company's stock, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 6,416,822 shares of company stock valued at $557,653,748. 24.20% of the stock is owned by company insiders.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Oppenheimer initiated or reiterated a Buy view on CoreWeave, adding to a series of favorable analyst opinions. William Blair also began coverage with an Outperform rating, while Jefferies said capacity constraints and demand visibility extending toward 2028 support its bullish case. CoreWeave Gets a Buy from Oppenheimer
• Positive Sentiment: UBS expects the AI-infrastructure market to remain strong, reinforcing the demand outlook for CoreWeave’s GPU-cloud and data-center services. UBS Sees AI Infrastructure Market Staying Hot
• Positive Sentiment: CoreWeave is expanding beyond traditional GPU rentals through NVIDIA Vera and Vera Rubin systems, its Forge AI-development environment and a new Partner Network. The initiatives target agentic AI, inference and enterprise workloads, potentially broadening revenue sources and customer reach. CoreWeave’s Vera Rubin Push
• Positive Sentiment: A new partner ecosystem and a clinical-AI deployment with Ennoble Care could help CoreWeave expand its customer base and showcase inference applications. CoreWeave Partner Network and AI Deals
• Neutral Sentiment: The bullish case emphasizes CoreWeave’s sizable backlog and rapid revenue growth, but the company is spending heavily to build capacity and relies substantially on debt and long-term leases.
• Negative Sentiment: Valuation concerns remain significant: investors must account for GPU replacement costs, interest expense and depreciation rather than relying solely on EBITDA. Critics also warn that expanding compute supply could eventually pressure pricing and returns. What Is CoreWeave Worth After the Cost of Replacing Its GPUs?
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $26.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the transaction may still weigh on sentiment.

CoreWeave Price Performance

CRWV stock opened at $89.62 on Friday. The stock's 50 day moving average price is $87.05 and its 200 day moving average price is $94.66. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20. The firm has a market cap of $41.12 billion, a P/E ratio of -24.55 and a beta of 7.36. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.CoreWeave's revenue for the quarter was up 112.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.27) EPS. On average, sell-side analysts expect that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CRWV. Citigroup raised their target price on shares of CoreWeave from $142.00 to $159.00 and gave the stock a "buy" rating in a report on Friday, August 14th. JPMorgan Chase & Co. raised shares of CoreWeave from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $120.00 to $125.00 in a research note on Thursday, September 24th. The Goldman Sachs Group boosted their price objective on CoreWeave from $121.00 to $139.00 and gave the stock a "neutral" rating in a research note on Friday, August 21st. BTIG Research began coverage on CoreWeave in a research report on Wednesday, July 22nd. They issued a "buy" rating on the stock. Finally, Wells Fargo & Company upped their price target on CoreWeave from $155.00 to $160.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. Twenty-three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.78.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.

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