First Trust Advisors LP Acquires 1,820,101 Shares of CoreWeave Inc. $CRWV

Key Points

• First Trust Advisors LP boosted its stake in CoreWeave by 1,464.9% in Q3, buying 1,820,101 shares to hold 1,944,348 shares (about $266.1 million, ~0.40% of the company).
• CoreWeave reported Q4 revenue of $1.57 billion (up 110% YoY) but posted a large loss (EPS -$0.89) and negative margins; management’s backlog of $66.8B supports long‑term growth while a proposed $30–$35B capex plan raises near‑term cash‑flow and profitability concerns.
• Insiders have been selling heavily (including recent CEO and CFO sales and a total of 4,621,335 shares sold over three months, ≈$395.5M), and analyst sentiment is mixed—consensus a “Moderate Buy” with a $122.35 target amid litigation and downgrade risks.

First Trust Advisors LP boosted its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 1,464.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,944,348 shares of the company's stock after buying an additional 1,820,101 shares during the quarter. First Trust Advisors LP owned approximately 0.40% of CoreWeave worth $266,084,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Renaissance Capital LLC lifted its position in CoreWeave by 49.9% during the third quarter. Renaissance Capital LLC now owns 47,162 shares of the company's stock valued at $6,454,000 after acquiring an additional 15,697 shares during the last quarter. Munro Partners grew its holdings in CoreWeave by 5,272.4% in the third quarter. Munro Partners now owns 616,485 shares of the company's stock worth $84,366,000 after purchasing an additional 605,010 shares during the last quarter. AE Wealth Management LLC acquired a new position in shares of CoreWeave during the third quarter worth $4,241,000. HWG Holdings LP acquired a new position in shares of CoreWeave during the third quarter worth $1,863,000. Finally, Liontrust Investment Partners LLP purchased a new stake in shares of CoreWeave during the 2nd quarter valued at $5,692,000.

CoreWeave Stock Performance

Shares of CRWV stock opened at $72.99 on Friday. The business has a fifty day moving average of $88.48 and a 200 day moving average of $98.72. CoreWeave Inc. has a 1 year low of $33.51 and a 1 year high of $187.00. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.49. The firm has a market capitalization of $30.58 billion and a price-to-earnings ratio of -22.81.

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 the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for 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% on a year-over-year basis.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Won a multi‑year agreement to power Perplexity’s AI inference workloads, validating CoreWeave’s performance positioning in the high‑margin inference market and supporting long‑term revenue growth. Read More.
• Positive Sentiment: Backlog surged to $66.8B (up >4x YoY), giving strong contract visibility that supports management’s aggressive expansion plan and future revenue conversion. Read More.
• Positive Sentiment: Oppenheimer initiated coverage with an “Outperform” and a $140 price target, signaling conviction in CRWV’s multi‑year growth runway despite current headwinds. Read More.
• Neutral Sentiment: Company presented at the Morgan Stanley TMT conference (analyst/transcript coverage) — useful for model/visibility but not an immediate catalyst. Read More.
• Negative Sentiment: Multiple class‑action filings and numerous law‑firm deadline notices following Q4 results — litigation risk, potential legal costs and management distraction that typically pressure share prices. Read More.
• Negative Sentiment: Large Q4 loss (~$452M), soft guidance and reports of a $30–$35B 2026 capex plan have sparked “capex shock” concerns — raises near‑term cash‑flow and profitability risk despite backlog. Read More. Read More.
• Negative Sentiment: Negative analyst moves (Sanford C. Bernstein “underperform/strong sell” coverage) and recent CFO share sales amplify downside sentiment and signal caution to some investors. Read More. Read More.

Insider Activity

In other CoreWeave news, CFO Nitin Agrawal sold 3,920 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $73.20, for a total transaction of $286,944.00. Following the completion of the transaction, the chief financial officer directly owned 169,185 shares of the company's stock, valued at approximately $12,384,342. This trade represents a 2.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael N. Intrator sold 32,456 shares of CoreWeave stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $99.95, for a total transaction of $3,243,977.20. Following the sale, the chief executive officer owned 5,731,412 shares of the company's stock, valued at approximately $572,854,629.40. The trade was a 0.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 4,621,335 shares of company stock valued at $395,458,845.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. DA Davidson raised their price objective on CoreWeave from $110.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, February 27th. Macquarie Infrastructure reiterated a "neutral" rating and issued a $115.00 price target on shares of CoreWeave in a research note on Tuesday, January 27th. Compass Point began coverage on CoreWeave in a report on Thursday, November 13th. They issued a "buy" rating and a $150.00 price target for the company. Citizens Jmp restated a "market outperform" rating and set a $180.00 price target on shares of CoreWeave in a research note on Friday, February 27th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of CoreWeave in a research report on Monday, December 29th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $122.35.

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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