GTS Securities LLC Raises Stake in CoreWeave Inc. $CRWV

Key Points

• GTS Securities increased its CoreWeave stake by 636% in the second quarter to 21,085 shares valued at approximately $2.1 million. Several other institutional investors also opened or expanded positions.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and $141.90 target price, though ratings are mixed and DA Davidson cut its target to $100.
• CoreWeave reported 112.5% year-over-year revenue growth to $2.58 billion and narrower-than-expected losses, but it remains unprofitable and highly leveraged. Executives also sold shares under pre-arranged trading plans, adding a potential investor concern.

GTS Securities LLC raised its holdings in CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 636.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,085 shares of the company's stock after purchasing an additional 18,220 shares during the quarter. GTS Securities LLC's holdings in CoreWeave were worth $2,099,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sivia Capital Partners LLC purchased a new position in shares of CoreWeave during the second quarter worth about $39,824,000. Quantbot Technologies LP purchased a new stake in CoreWeave during the 2nd quarter valued at approximately $311,000. Invesco Ltd. purchased a new stake in CoreWeave during the 2nd quarter valued at approximately $882,000. First Trust Advisors LP acquired a new stake in CoreWeave during the 2nd quarter worth approximately $20,260,000. Finally, Baird Financial Group Inc. acquired a new stake in CoreWeave during the 2nd quarter worth approximately $455,000.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CRWV. DA Davidson reissued a "neutral" rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Raymond James Financial downgraded CoreWeave from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their price objective on shares of CoreWeave from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. BTIG Research started coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They issued a "buy" rating on the stock. Finally, Wolfe Research restated an "outperform" rating on shares of CoreWeave in a research report on Monday, July 6th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus target price of $141.90.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of the business's stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $88.60, for a total transaction of $17,720,000.00. Following the sale, the chief executive officer directly owned 1,487,129 shares in the company, valued at approximately $131,759,629.40. The trade was a 11.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Nitin Agrawal sold 5,509 shares of the company's stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total value of $488,317.76. Following the completion of the sale, the chief financial officer directly owned 132,596 shares in the company, valued at $11,753,309.44. This trade represents a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 7,701,466 shares of company stock worth $735,324,843. Corporate insiders own 24.20% of the company's stock.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is being integrated into Rescale’s AI cloud platform, extending its reach into engineering, simulation, research and development, and other enterprise workloads. The partnership could broaden customer adoption and improve utilization of CoreWeave’s GPU infrastructure. CoreWeave Enters Next Generation Engineering AI Workloads
• Positive Sentiment: Truist said NVIDIA’s reported 17% GPU price increase may not materially damage CoreWeave’s margins. Strong AI demand, customer pricing power, and contract structures could allow CoreWeave to pass through higher equipment costs, supporting the firm’s bullish outlook. NVIDIA’s GPU Price Hikes Look Bad for CoreWeave
• Neutral Sentiment: CoreWeave’s latest results showed revenue growth of 112.5% year over year to $2.58 billion, while adjusted losses were narrower than analysts expected. However, the company remains unprofitable, with analysts forecasting a full-year loss, and carries a debt-to-equity ratio of 5.53. Analyst opinions are mixed, although the consensus rating remains “Moderate Buy.”
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $27.3 million, while CFO Nitin Agrawal sold about $488,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their value as a signal of current management sentiment, but the combined sales add near-term supply and investor concern. CoreWeave Insider Selling
• Negative Sentiment: Investors continue to debate whether rising GPU costs, potential future price competition among “neocloud” providers, and CoreWeave’s substantial debt will limit profitability. Those risks are particularly important because the company is investing heavily to expand capacity despite negative earnings and weak liquidity ratios.

CoreWeave Trading Down 3.0%

Shares of CRWV stock opened at $84.23 on Friday. The business's fifty day moving average price is $87.16 and its 200 day moving average price is $94.80. The firm has a market capitalization of $38.65 billion, a PE ratio of -23.08 and a beta of 7.44. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $2.58 billion during the quarter. During the same period last year, the business posted ($0.27) EPS. CoreWeave's revenue was up 112.5% compared to the same quarter last year. As a group, sell-side analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

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.

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.

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