Fred Alger Management LLC Takes $25.86 Million Position in CoreWeave Inc. $CRWV

Key Points

• Fred Alger Management bought a new stake of 188,974 shares in CoreWeave valued at approximately $25.86 million, joining other institutions that have recently initiated or expanded positions in the stock.
• CoreWeave reported strong top-line growth with $1.57 billion in revenue (up ~110% year-over-year) but posted a large quarterly loss (EPS -$0.89), negative margins and high leverage, while analysts hold a consensus of "Moderate Buy" with an average price target of about $122.35.
• Investor risks are elevated by significant insider selling (insiders sold roughly $387M of stock last quarter) and ongoing securities‑fraud litigation and negative press that could pressure the shares.

Fred Alger Management LLC bought a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 188,974 shares of the company's stock, valued at approximately $25,861,000.

A number of other institutional investors have also added to or reduced their stakes in CRWV. Sivia Capital Partners LLC bought a new position in CoreWeave during the second quarter valued at about $39,824,000. Envestnet Asset Management Inc. bought a new stake in shares of CoreWeave in the 2nd quarter worth approximately $1,729,000. Bank of New York Mellon Corp acquired a new stake in shares of CoreWeave during the 2nd quarter worth approximately $12,600,000. Allworth Financial LP grew its holdings in shares of CoreWeave by 9,268.8% during the 2nd quarter. Allworth Financial LP now owns 1,499 shares of the company's stock worth $244,000 after purchasing an additional 1,483 shares in the last quarter. Finally, PNC Financial Services Group Inc. bought a new stake in shares of CoreWeave during the second quarter valued at approximately $438,000.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CRWV. Weiss Ratings restated a "sell (d-)" rating on shares of CoreWeave in a research note on Monday, December 29th. The Goldman Sachs Group began coverage on shares of CoreWeave in a report on Monday, January 12th. They issued a "neutral" rating and a $86.00 price target on the stock. Needham & Company LLC restated a "hold" rating on shares of CoreWeave in a research note on Friday, February 27th. Truist Financial raised their price objective on shares of CoreWeave from $84.00 to $85.00 and gave the stock a "hold" rating in a report on Friday, February 27th. Finally, Citigroup decreased their target price on shares of CoreWeave from $135.00 to $126.00 and set a "buy" rating on the stock in a research report on Wednesday, March 4th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, CoreWeave presently has an average rating of "Moderate Buy" and an average price target of $122.35.

CoreWeave Price Performance

CoreWeave stock opened at $81.11 on Monday. The business has a 50 day simple moving average of $88.89 and a 200 day simple moving average of $98.25. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market capitalization of $33.99 billion and a PE ratio of -25.35. CoreWeave Inc. has a one year low of $33.51 and a one year high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company had revenue of $1.57 billion during the quarter. The company's revenue was up 110.4% compared to the same quarter last year.

Insiders Place Their Bets

In other CoreWeave news, CFO Nitin Agrawal sold 63,157 shares of the business's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $79.68, for a total value of $5,032,349.76. Following the transaction, the chief financial officer directly owned 228,348 shares in the company, valued at $18,194,768.64. The trade was a 21.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brannin Mcbee sold 18,750 shares of the company's stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $72.61, for a total transaction of $1,361,437.50. The SEC filing for this sale provides additional information. Insiders have sold 4,585,885 shares of company stock worth $387,110,134 in the last quarter.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: New product launches (Flex Reservations and Spot) and a partnership with PhysicsX expand CoreWeave’s addressable market for industrial AI and heavy compute workloads — this supports revenue growth and customer flexibility. CoreWeave PhysicsX Deal Highlights Industrial AI And Heavy Compute Potential
• Neutral Sentiment: Short-interest data in the filings appears inconsistent/flat for March (reported as 0 shares / NaN change), which provides little signal on bearish positioning at the moment; treat these figures cautiously.
• Negative Sentiment: Widespread securities‑fraud litigation notices and lead‑plaintiff solicitations from numerous firms cite alleged misstatements about demand and operations for the March 28–Dec 15, 2025 class period — increased legal exposure, potential discovery/costs, and settlement risk can weigh on the stock. CRWV Deadline Today: CRWV Investors with Losses in Excess of $100K Have Opportunity to Lead CoreWeave, Inc. Securities Fraud Lawsuit
• Negative Sentiment: Hagens Berman highlighted CoreWeave’s Q4 results (a large reported loss and soft guidance), arguing the company concealed operational problems; that analysis reinforces investor concern about profitability and outlook. CRWV Alert: Hagens Berman Analyzes CoreWeave (CRWV) $452M Q4 Loss and Soft Guidance
• Negative Sentiment: Significant insider selling disclosed: Brannin McBee sold large blocks in early March (totaling millions of dollars), which investors often view as a bearish signal or at least a liquidity event to watch. SEC Form 4 / Insider Sale
• Negative Sentiment: Several media pieces flag “dreadful patterns” and persistent risks in the share price technicals and fundamentals — adds to negative narrative momentum for traders watching risk metrics. CoreWeave stock price forms dreadful patterns

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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