Benjamin Edwards Inc. Purchases Shares of 10,531 CoreWeave Inc. $CRWV

Key Points

• Benjamin Edwards Inc. opened a new position in CoreWeave, buying 10,531 shares in the fourth quarter worth about $754,000.
• CoreWeave continues to attract analyst attention, with several firms raising price targets; the stock carries a Moderate Buy consensus and an average target of $131.09.
• Despite strong revenue growth, CoreWeave remains volatile and unprofitable, and recent insider selling plus weaker-than-expected earnings and guidance have pressured sentiment.

Benjamin Edwards Inc. purchased a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,531 shares of the company's stock, valued at approximately $754,000.

Other large investors have also bought and sold shares of the company. Signature Wealth Management Partners LLC purchased a new stake in shares of CoreWeave during the 4th quarter valued at $393,000. Cornerstone Planning Group LLC boosted its position in shares of CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock valued at $25,000 after acquiring an additional 251 shares during the last quarter. Robertson Stephens Wealth Management LLC bought a new stake in CoreWeave during the fourth quarter worth about $224,000. Fifth Third Bancorp grew its holdings in shares of CoreWeave by 38.1% during the 4th quarter. Fifth Third Bancorp now owns 967 shares of the company's stock valued at $69,000 after purchasing an additional 267 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of CoreWeave during the fourth quarter valued at approximately $4,411,000.

Insiders Place Their Bets

In other news, insider Brian M. Venturo sold 76,924 shares of the business's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $136.70, for a total value of $10,515,510.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sachin Jain sold 7,335 shares of CoreWeave stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $131.13, for a total transaction of $961,838.55. Following the sale, the chief operating officer directly owned 104,068 shares in the company, valued at approximately $13,646,436.84. This trade represents a 6.58% 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. In the last ninety days, insiders have sold 24,307,514 shares of company stock valued at $2,719,871,811.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. DA Davidson lifted their price target on CoreWeave from $125.00 to $175.00 and gave the company a "buy" rating in a research report on Monday, April 13th. Mizuho increased their target price on CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a research note on Friday. Needham & Company LLC restated a "hold" rating on shares of CoreWeave in a report on Friday, February 27th. Truist Financial lifted their price target on CoreWeave from $85.00 to $131.00 and gave the stock a "hold" rating in a research report on Friday. Finally, JPMorgan Chase & Co. upped their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock a "neutral" rating in a research note on Friday. Twenty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, CoreWeave currently has a consensus rating of "Moderate Buy" and an average price target of $131.09.

CoreWeave Trading Down 11.4%

CRWV stock opened at $114.15 on Friday. CoreWeave Inc. has a fifty-two week low of $50.18 and a fifty-two week high of $187.00. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a fifty day moving average price of $94.19 and a 200 day moving average price of $92.34. The firm has a market cap of $50.57 billion, a PE ratio of -36.70 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 47.88% and a negative net margin of 25.57%.CoreWeave's revenue for the quarter was up 110.4% on a year-over-year basis. Sell-side analysts anticipate that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said bookings hit the strongest level in company history and backlog remains very large, reinforcing that demand for AI infrastructure is still extremely strong. CoreWeave Reports 'Strongest' Bookings
• Positive Sentiment: Analysts and commentators remain constructive on the long-term AI growth story, with some saying the pullback may create an attractive entry point despite near-term volatility. Seeking Alpha rating upgrade
• Neutral Sentiment: The company also highlighted product momentum, including expanded SUNK capabilities and SUNK Anywhere, which could support customer adoption over time. CoreWeave expands SUNK capabilities
• Neutral Sentiment: JPMorgan and Mizuho raised price targets but kept neutral ratings, suggesting Wall Street sees value but is still cautious on the stock’s near-term execution risk. Analyst target updates
• Negative Sentiment: CoreWeave reported a larger quarterly loss than expected as operating expenses climbed, fueling concerns that profitability remains distant even with rapid revenue growth. WSJ on widened Q1 loss
• Negative Sentiment: Second-quarter revenue guidance came in below consensus, and the company also lifted its capital spending outlook, creating concern about slower conversion of demand into revenue and continued heavy investment. CoreWeave forecast miss and higher capex
• Negative Sentiment: Recent insider and major shareholder selling, including sales by CEO Michael Intrator, Brian Venturo, Chen Goldberg, and Magnetar Financial, is adding short-term pressure on sentiment. CEO Form 4 filing

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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