Matauro LLC Buys New Position in CoreWeave Inc. $CRWV

Key Points

• Matauro LLC has acquired a new position in CoreWeave Inc. ($CRWV) by purchasing 15,119 shares for approximately $2.465 million during the second quarter.
• Several hedge funds increased their stakes or initiated new positions in CoreWeave, with notable purchases including $6.992 million from Mirae Asset Global Investments and $2.562 million from Truist Financial Corp.
• CoreWeave's stock has witnessed significant upgrades from analysts, with price targets ranging from $91.00 to as high as $200.00, indicating strong market optimism.

Matauro LLC bought a new position in CoreWeave Inc. (NASDAQ:CRWV - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 15,119 shares of the company's stock, valued at approximately $2,465,000.

Several other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of CoreWeave in the second quarter worth $6,992,000. SOA Wealth Advisors LLC. increased its stake in shares of CoreWeave by 275.0% in the second quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company's stock worth $61,000 after buying an additional 275 shares during the period. Chelsea Counsel Co. purchased a new position in shares of CoreWeave in the second quarter worth $33,000. PFG Investments LLC purchased a new position in shares of CoreWeave in the second quarter worth $1,036,000. Finally, Truist Financial Corp purchased a new position in shares of CoreWeave in the second quarter worth $2,562,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Morgan Stanley lifted their target price on shares of CoreWeave from $58.00 to $91.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Arete Research raised shares of CoreWeave from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st. Argus reiterated a "buy" rating and issued a $200.00 price target on shares of CoreWeave in a report on Thursday, August 14th. JMP Securities upgraded shares of CoreWeave from a "market perform" rating to a "market outperform" rating and set a $180.00 price target on the stock in a report on Tuesday, September 16th. Finally, Northland Securities lifted their price target on shares of CoreWeave from $85.00 to $165.00 and gave the company an "outperform" rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $127.64.

Insider Buying and Selling at CoreWeave

In related news, insider Brannin Mcbee sold 157,903 shares of the company's stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $138.59, for a total value of $21,883,776.77. Following the transaction, the insider owned 185,181 shares in the company, valued at $25,664,234.79. The trade was a 46.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brian M. Venturo sold 65,593 shares of the company's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $139.44, for a total transaction of $9,146,287.92. Following the completion of the transaction, the insider owned 301,509 shares in the company, valued at approximately $42,042,414.96. The trade was a 17.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,131,600 shares of company stock valued at $2,692,449,288 over the last 90 days.

CoreWeave Stock Up 0.7%

NASDAQ:CRWV opened at $138.00 on Friday. The stock has a 50-day simple moving average of $111.53. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 1-year low of $33.51 and a 1-year high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. CoreWeave's revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

About CoreWeave

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

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