AI Squared Management Ltd Acquires New Stake in CoreWeave Inc. $CRWV

Key Points

• AI Squared Management acquired 69,661 CoreWeave shares worth approximately $6.9 million, making the stock 3.7% of its portfolio and its 12th-largest holding. Other institutions also increased their positions.
• 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 $141.57.
• Despite strong AI infrastructure demand and major customer agreements, investors face substantial risks from heavy leverage, ongoing losses and insider selling; the stock carries a debt-to-equity ratio of 5.53 and remains highly volatile.

AI Squared Management Ltd acquired a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 69,661 shares of the company's stock, valued at approximately $6,934,000. CoreWeave makes up 3.7% of AI Squared Management Ltd's holdings, making the stock its 12th biggest position.

Other institutional investors have also modified their holdings of the company. Parallel Advisors LLC raised its position in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company's stock worth $181,000 after acquiring an additional 91 shares in the last quarter. Pathway Wealth Management LLC lifted its stake in shares of CoreWeave by 2.9% during the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company's stock worth $278,000 after purchasing an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its position in CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock valued at $389,000 after purchasing an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company's stock valued at $33,000 after buying an additional 119 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after acquiring an additional 121 shares during the last quarter.

Insider Activity

In related news, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares of the company's stock, valued at approximately $24,013,087.50. The trade was a 58.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Michael N. Intrator sold 278,560 shares of the company's stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $97.43, for a total transaction of $27,140,100.80. Following the completion of the sale, the chief executive officer directly owned 3,138,612 shares in the company, valued at $305,794,967.16. This trade represents a 8.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 9,541,014 shares of company stock worth $942,884,194 in the last 90 days. 24.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Sanford C. Bernstein raised their price target on shares of CoreWeave from $67.00 to $74.00 and gave the stock an "underperform" rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on shares of CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Rosenblatt Securities reissued a "buy" rating and set a $250.00 price target on shares of CoreWeave in a research report on Wednesday, August 12th. Oppenheimer upped their price objective on shares of CoreWeave from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Wednesday, April 29th. Finally, BNP Paribas Exane began coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They set an "outperform" rating and a $192.00 price target on the stock. Twenty-one analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $141.57.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multiyear agreement with Hudson River Trading (HRT) to provide AI infrastructure for trading research and model development. The deal reportedly could be worth billions and will use NVIDIA’s next-generation Vera Rubin NVL72 platform and Spectrum-X networking, expanding CoreWeave’s exposure to financial-services customers and supporting demand visibility. Hudson River Trading agreement
• Positive Sentiment: Analysts continue to point to CoreWeave’s powerful growth: recent quarterly revenue rose 112.5% year over year to $2.58 billion, while its backlog reached more than $104 billion. A bullish research view cited improving margins, operating leverage and strong AI demand, although it acknowledged capital-intensity risks. CoreWeave growth and valuation analysis
• Neutral Sentiment: Short seller Martin Shkreli reportedly covered his CoreWeave position after holding it for roughly a week. The move removes one source of short-selling pressure but is not necessarily a bullish signal, particularly as the stock continued to face broader volatility. Martin Shkreli covers CoreWeave short
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares for approximately $29.5 million at an average price of $95.72. The sales were made under a pre-arranged Rule 10b5-1 plan, and he still owns a significant stake, but the size of the transaction weighed on sentiment and raised concerns about insider selling. CoreWeave CEO share sale
• Negative Sentiment: Bearish commentary argues that CoreWeave’s highly leveraged business model could struggle if AI infrastructure spending slows, capacity becomes excessive or interest rates remain elevated. With a debt-to-equity ratio above 5 and negative earnings, investors remain sensitive to funding costs, dilution risk and the company’s path to profitability. CoreWeave leverage and market risks
• Negative Sentiment: Northland Securities’ estimates show continued losses through 2027, including projected fiscal 2026 EPS of negative $5.50 and fiscal 2027 EPS of negative $3.18, although the firm expects a return to quarterly profitability in the fourth quarter of 2027. CoreWeave analyst estimates

CoreWeave Stock Down 2.1%

Shares of NASDAQ:CRWV opened at $87.85 on Friday. The firm has a 50 day simple moving average of $89.99 and a 200-day simple moving average of $94.74. The company has a market capitalization of $40.31 billion, a PE ratio of -24.07 and a beta of 7.44. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts' consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company posted ($0.27) earnings per share. CoreWeave's quarterly revenue was up 112.5% on a year-over-year basis. On average, equities analysts predict that CoreWeave Inc. will post -5.17 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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