62,328 Shares in CoreWeave Inc. $CRWV Bought by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management opened a new position in CoreWeave (NASDAQ:CRWV) in Q4, buying 62,328 shares valued at about $4.47 million.
• Major shareholder Magnetar Financial sold 1,284,876 shares for roughly $154.1 million on May 1, and insiders have offloaded about 17.96 million shares (~$1.88 billion) in the past 90 days, creating headline and short‑term selling pressure.
• Market views are mixed: analyst upgrades and product expansion (SUNK) point to upside, but an expected Q1 EPS decline, high capital intensity, elevated leverage and a high beta underline increased near‑term risk.

Pictet Asset Management Holding SA acquired a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 62,328 shares of the company's stock, valued at approximately $4,465,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. OLD Second National Bank of Aurora purchased a new position in shares of CoreWeave during the third quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in CoreWeave in the 3rd quarter valued at about $27,000. Aspect Partners LLC purchased a new stake in CoreWeave during the 3rd quarter valued at approximately $28,000. Rothschild Investment LLC raised its stake in CoreWeave by 10,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company's stock valued at $30,000 after acquiring an additional 214 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new stake in CoreWeave during the 3rd quarter worth approximately $30,000.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
• Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
• Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi‑cloud and on‑prem environments — a practical top‑line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
• Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near‑term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
• Neutral Sentiment: Retail/flows noise: stories about high‑profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
• Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5‑1 plans the week of Apr 27, creating headline risk and short‑term selling pressure. Brian Venturo Sells 375,000 Shares
• Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
• Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower‑risk names. CoreWeave vs Snowflake Comparison

Insider Activity at CoreWeave

In other news, major shareholder Magnetar Financial Llc sold 1,284,876 shares of the company's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $119.91, for a total transaction of $154,069,481.16. Following the transaction, the insider directly owned 264,061 shares of the company's stock, valued at $31,663,554.51. This represents a 82.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeff Baker sold 6,760 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $107.87, for a total transaction of $729,201.20. Following the completion of the transaction, the insider owned 42,529 shares of the company's stock, valued at $4,587,603.23. This represents a 13.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 17,961,108 shares of company stock worth $1,878,880,036.

CoreWeave Stock Performance

Shares of CRWV stock opened at $119.01 on Monday. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a 50 day simple moving average of $91.88 and a 200-day simple moving average of $92.51. The company has a market cap of $52.72 billion, a price-to-earnings ratio of -37.19 and a beta of 7.84. CoreWeave Inc. has a 12-month low of $45.80 and a 12-month high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company's quarterly revenue was up 110.4% compared to the same quarter last year. On average, equities analysts forecast that CoreWeave Inc. will post -4.15 EPS for the current year.

Analyst Upgrades and Downgrades

CRWV has been the topic of several analyst reports. Roth Mkm reiterated a "buy" rating on shares of CoreWeave in a research note on Monday, February 23rd. Oppenheimer increased their price target on CoreWeave from $140.00 to $150.00 and gave the stock an "outperform" rating in a report on Wednesday. Needham & Company LLC reiterated a "hold" rating on shares of CoreWeave in a research report on Friday, February 27th. Citizens Jmp reissued a "market outperform" rating and issued a $180.00 price objective on shares of CoreWeave in a research note on Friday, February 27th. Finally, UBS Group restated a "neutral" rating on shares of CoreWeave in a research 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 given a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has an average rating of "Moderate Buy" and a consensus price target of $126.69.

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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