Arete Wealth Advisors LLC Buys Shares of 233,454 CoreWeave Inc. $CRWV

Key Points

• Arete Wealth Advisors bought 233,454 CoreWeave shares worth approximately $23.2 million, making CRWV about 1% of its portfolio. Several other funds also initiated or increased positions during the second quarter.
• CoreWeave reported 112.5% year-over-year revenue growth to $2.58 billion and beat quarterly EPS estimates, while analysts maintained a “Moderate Buy” consensus with an average price target of $141.57.
• Despite strong AI-infrastructure demand and a large backlog, investors face significant risks from CoreWeave’s losses, high leverage, capital needs and extensive insider selling; the stock opened at $87.85, well below its 52-week high of $153.20.

Arete Wealth Advisors LLC purchased a new position in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 233,454 shares of the company's stock, valued at approximately $23,238,000. CoreWeave comprises approximately 1.0% of Arete Wealth Advisors LLC's portfolio, making the stock its 18th biggest holding. Arete Wealth Advisors LLC owned approximately 0.05% of CoreWeave as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Two Seas Capital LP bought a new position in CoreWeave in the 2nd quarter worth $15,243,000. Kirtland Hills Capital Management LLC purchased a new stake in CoreWeave in the second quarter worth about $309,000. Compass Financial Management LLC purchased a new position in shares of CoreWeave during the 2nd quarter valued at about $3,133,000. Elevation Point Wealth Partners LLC lifted its position in shares of CoreWeave by 5.5% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 9,041 shares of the company's stock valued at $900,000 after buying an additional 469 shares in the last quarter. Finally, Daiichi Life Insurance Co. Ltd. purchased a new position in shares of CoreWeave during the 2nd quarter valued at about $938,000.

Analyst Upgrades and Downgrades

CRWV has been the topic of a number of recent analyst reports. UBS Group restated an "underperform" rating on shares of CoreWeave in a research note on Wednesday, August 12th. Mizuho upped their price target on shares of CoreWeave from $100.00 to $115.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 12th. Citigroup increased their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. The Goldman Sachs Group increased their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the stock a "neutral" rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Twenty-one analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $141.57.

CoreWeave Stock Performance

CRWV opened at $87.85 on Monday. The stock has a market capitalization of $40.31 billion, a price-to-earnings ratio of -24.07 and a beta of 7.45. The company has a fifty day moving average of $89.99 and a 200 day moving average of $94.79. CoreWeave Inc. has a fifty-two week low of $60.55 and a fifty-two week high of $153.20. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings data 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 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 last year, the company earned ($0.27) EPS. The firm's revenue for the quarter was up 112.5% on a year-over-year basis. As a group, sell-side analysts forecast that CoreWeave Inc. will post -5.17 earnings per share for the current fiscal year.

Key CoreWeave News

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

Insider Activity

In other CoreWeave news, Director Jack D. Cogen sold 986,540 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total transaction of $106,349,012.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the business's stock in a transaction dated 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 sale, the insider owned 220,810 shares in the company, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 9,541,014 shares of company stock worth $942,884,194. 24.20% of the stock is currently owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source