48,080 Shares in CoreWeave Inc. $CRWV Bought by Arizona State Retirement System

Key Points

• Arizona State Retirement System opened a new position of 48,080 shares of CoreWeave in Q4, valued at about $3.44 million.
• Insider selling has been heavy: CEO Michael Intrator sold 200,000 shares for ~$23.3 million and insiders have disposed of 15,736,870 shares (~$1.62 billion) over the last 90 days, which may pressure the stock.
• CoreWeave's revenue jumped 110% to $1.57 billion but it remains unprofitable (Qtr EPS -$0.89) and highly leveraged (debt/equity 4.46), even as it landed a multi‑year infrastructure deal with Anthropic and carries a consensus "Moderate Buy" price target of $125.16.

Arizona State Retirement System bought a new position in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 48,080 shares of the company's stock, valued at approximately $3,443,000.

Several other institutional investors have also recently made changes to their positions in the business. HighMark Wealth Management LLC purchased a new position in CoreWeave in the third quarter valued at $27,000. OLD Second National Bank of Aurora purchased a new position in CoreWeave in the third quarter valued at $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in CoreWeave in the third quarter valued at $27,000. Aspect Partners LLC purchased a new position in CoreWeave in the third quarter valued at $28,000. Finally, Rothschild Investment LLC increased its holdings in CoreWeave by 10,700.0% in the third quarter. Rothschild Investment LLC now owns 216 shares of the company's stock valued at $30,000 after buying an additional 214 shares in the last quarter.

Analyst Upgrades and Downgrades

CRWV has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of CoreWeave in a report on Friday, February 27th. UBS Group reaffirmed a "neutral" rating on shares of CoreWeave in a report on Friday, January 16th. Barclays lifted their price objective on shares of CoreWeave from $90.00 to $106.00 and gave the company an "equal weight" rating in a report on Monday, April 20th. Oppenheimer initiated coverage on shares of CoreWeave in a report on Friday, March 6th. They issued an "outperform" rating and a $140.00 price objective for the company. Finally, Wells Fargo & Company cut their price objective on shares of CoreWeave from $150.00 to $125.00 and set an "overweight" rating for the company in a report on Thursday, January 8th. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, CoreWeave has an average rating of "Moderate Buy" and an average price target of $125.16.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi‑year agreement to provide infrastructure for Anthropic’s Claude models, reinforcing recurring demand from leading AI developers and strengthening CRWV’s customer pipeline. CoreWeave (CRWV) Partners with Anthropic to Provide Infrastructure for Claude AI Models
• Positive Sentiment: An analyst at Cantor Fitzgerald raised CoreWeave’s price target (to $156) and flagged recent large‑scale contracts (including with Meta), a vote of confidence that supports medium‑term revenue expectations. CoreWeave Inc. (CRWV) Appears Attractive with Recent Large-Scale Contracts
• Neutral Sentiment: Jim Cramer discussed whether CoreWeave’s recent action was a short squeeze; headline commentary can drive intraday volatility but didn’t change the company’s underlying fundamentals. Jim Cramer Reveals Whether CoreWeave (CRWV) Was a Short Squeeze or Not
• Negative Sentiment: Large investor panic and a sharp earlier selloff (shares briefly down ~60% at worst) drove forced selling and momentum losses that continue to pressure the stock. Investors Panicked on CoreWeave. Why It Might Be Time to Get Greedy
• Negative Sentiment: Barron’s coverage tied weakness across AI vendors (Oracle, SoftBank, CoreWeave) to a report about OpenAI’s massive spending plans, stoking fears of uneven demand vs. supply for GPU infrastructure. Oracle Stock Drops on OpenAI Shock. CoreWeave, SoftBank Also Hit.
• Negative Sentiment: Insider selling in Q2, including by CoreWeave insiders, may signal near‑term pressure or simply personal liquidity events; investors often view such activity negatively when combined with a volatile selloff. AI Insider Selling: Sales Hit Photronics, Credo & CoreWeave as Shares Spike (CRWV)
• Negative Sentiment: Analyst comparison pieces suggest Snowflake (SNOW) is a steadier AI‑data cloud pick vs. CoreWeave’s higher‑growth but more capital‑intensive risk profile, which can divert risk‑averse capital away from CRWV. CoreWeave vs. Snowflake: Which AI Data Cloud Stock is the Smarter Buy?

CoreWeave Stock Down 5.8%

CRWV stock opened at $105.53 on Wednesday. The stock has a market capitalization of $46.75 billion and a P/E ratio of -32.98. The firm has a 50-day simple moving average of $91.22 and a 200-day simple moving average of $92.86. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. CoreWeave Inc. has a 52 week low of $39.50 and a 52 week high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.CoreWeave's revenue was up 110.4% on a year-over-year basis. Equities analysts forecast that CoreWeave Inc. will post -4.16 earnings per share for the current fiscal year.

Insider Transactions at CoreWeave

In other news, CEO Michael N. Intrator sold 200,000 shares of the business's stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $116.42, for a total transaction of $23,284,000.00. Following the completion of the sale, the chief executive officer owned 5,066,501 shares of the company's stock, valued at $589,842,046.42. The trade was a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,924 shares of the business's stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $122.31, for a total transaction of $9,408,574.44. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,736,870 shares of company stock valued at $1,619,642,311 over the last 90 days.

CoreWeave 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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