4,451 Shares in CoreWeave Inc. $CRWV Acquired by Atria Wealth Solutions Inc.

Key Points

• Atria Wealth Solutions Inc. acquired 4,451 shares of CoreWeave Inc. for approximately $735,000 during the second quarter of the year.
• CoreWeave has seen significant interest from multiple investors, with Cisco Systems, Apexium Financial, and others also purchasing large stakes in the company during the same period.
• Analysts have issued mixed ratings on CoreWeave, with price targets ranging from $32 to $200, resulting in an average rating of "Moderate Buy" for the stock.

Atria Wealth Solutions Inc. purchased a new position in CoreWeave Inc. (NASDAQ:CRWV - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,451 shares of the company's stock, valued at approximately $735,000.

A number of other large investors also recently added to or reduced their stakes in the business. Apexium Financial LP purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $1,044,000. Chung Wu Investment Group LLC purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $755,000. Cisco Systems Inc. purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $173,493,000. Gamco Investors INC. ET AL purchased a new stake in shares of CoreWeave during the 1st quarter worth approximately $318,000. Finally, Magnus Financial Group LLC purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $903,000.

Analyst Ratings Changes

Several analysts have recently issued reports on CRWV shares. HSBC started coverage on CoreWeave in a report on Wednesday, July 16th. They set a "reduce" rating and a $32.00 price objective on the stock. Argus reaffirmed a "buy" rating and set a $200.00 price objective on shares of CoreWeave in a report on Thursday, August 14th. Raymond James Financial started coverage on CoreWeave in a report on Monday, September 15th. They set an "outperform" rating and a $130.00 price objective on the stock. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $116.00 price objective on shares of CoreWeave in a report on Tuesday, September 16th. Finally, Arete raised CoreWeave from a "neutral" rating to a "buy" rating and set a $180.00 target price on the stock in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has an average rating of "Moderate Buy" and a consensus target price of $127.64.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $136.87 on Friday. The stock's fifty day moving average is $117.09 and its 200 day moving average is $108.55. CoreWeave Inc. has a fifty-two week low of $33.51 and a fifty-two week high of $187.00. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.52 and a current ratio of 0.52.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly 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 company had revenue of $1.21 million during the quarter. The company'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.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the company's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $125.60, for a total value of $182,253,512.80. Following the transaction, the insider owned 363,631 shares of the company's stock, valued at $45,672,053.60. This represents a 79.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jack D. Cogen sold 1,112,004 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $94.69, for a total value of $105,295,658.76. Following the completion of the transaction, the director directly owned 12,329,676 shares in the company, valued at $1,167,497,020.44. This trade represents a 8.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,203,750 shares of company stock worth $3,972,578,697 in the last ninety days.

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.

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