Amundi Reduces Position in CoreWeave Inc. $CRWV

Amundi decreased its position in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 56.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,440,085 shares of the company's stock after selling 1,844,036 shares during the period. Amundi owned 0.31% of CoreWeave worth $143,346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in shares of CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company's stock valued at $181,000 after acquiring an additional 91 shares during the period. Pathway Wealth Management LLC increased its holdings in shares of CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company's stock valued at $278,000 after acquiring an additional 100 shares during the period. Azzad Asset Management Inc. ADV increased its holdings in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock valued at $389,000 after acquiring an additional 104 shares during the period. Hazlett Burt & Watson Inc. raised its position in 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 purchasing an additional 119 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after purchasing an additional 121 shares during the last quarter.

Insider Transactions at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $24,013,087.50. This represents a 58.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael Intrator sold 278,560 shares of CoreWeave stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total value of $27,140,100.80. Following the transaction, the chief executive officer directly owned 3,138,612 shares of the company's stock, valued at approximately $305,794,967.16. This represents a 8.15% decrease in their ownership of the stock. 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 a total of 6,975,543 shares of company stock valued at $642,315,593 in the last quarter. Insiders own 24.20% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRWV. JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 11th. Mizuho upped their target price on shares of CoreWeave from $100.00 to $115.00 and gave the company a "neutral" rating in a report on Wednesday, August 12th. Robert W. Baird increased their target price on shares of CoreWeave from $100.00 to $130.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 12th. Wells Fargo & Company raised their price target on CoreWeave from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Finally, Wolfe Research reissued an "outperform" rating on shares of CoreWeave in a report on Monday, July 6th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $141.90.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: OpenAI’s new Astra model provided a fresh catalyst for CoreWeave, highlighting potential demand for its computing capacity. CoreWeave has a reported $22.4 billion agreement to supply compute power to OpenAI. Why is CoreWeave stock surging 16% today
• Positive Sentiment: Optimism spread across AI cloud infrastructure stocks after Morgan Stanley raised its outlook for Oracle, reinforcing expectations for sustained enterprise AI spending and benefiting GPU-cloud peers such as CoreWeave. Oracle rallies as Morgan Stanley lifts its price target
• Positive Sentiment: Call-option activity was above normal, suggesting increased speculative or bullish interest in CRWV and potentially contributing to upward trading momentum.
• Positive Sentiment: One bullish analysis cites a $129 billion contracted order book, long-term take-or-pay agreements and substantial capacity that has not yet been activated. These factors could support strong revenue growth and operating leverage as additional power comes online. CoreWeave: A Hundred Billion In Backlog And A Bond Market That Doesn't Believe It
• Positive Sentiment: Jim Cramer endorsed CoreWeave as a leading “neocloud” opportunity, adding retail visibility and a prominent bullish voice to the stock’s narrative. Jim Cramer endorses CoreWeave stock
• Neutral Sentiment: Nvidia’s investments in Intel and CoreWeave are framed as a test of whether the AI infrastructure boom can translate into durable profits, keeping investor attention focused on execution and industry economics. Nvidia’s $99 Billion Portfolio Is Turning Intel and CoreWeave Into an AI Stress Test
• Negative Sentiment: Analysts and short sellers continue to question CoreWeave’s heavy leverage, rapid capital spending and persistent losses. The company’s debt is reportedly growing faster than revenue, increasing refinancing and execution risks. CoreWeave’s Debt Mountain Is Growing Faster Than Its Revenue
• Negative Sentiment: A bearish analysis argues that operating cash flow is supported by large customer prepayments that may not be sustainable, raising concerns about the quality of reported cash generation. CoreWeave: Cash Flow Is Propped Up By A System Of Unsustainable Prepayments

CoreWeave Stock Performance

NASDAQ CRWV opened at $99.83 on Wednesday. The stock has a market capitalization of $45.81 billion, a price-to-earnings ratio of -27.35 and a beta of 7.45. The business's 50 day moving average is $85.21 and its two-hundred day moving average is $94.40. CoreWeave Inc. has a 12-month low of $60.55 and a 12-month high of $153.20. 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 (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion during the quarter. During the same period in the prior year, the business earned ($0.27) earnings per share. The firm's quarterly revenue was up 112.5% compared to the same quarter last year. Research analysts expect that CoreWeave Inc. will post -5.19 EPS for the current 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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