Meridian Wealth Management LLC Decreases Stock Holdings in CoreWeave Inc. $CRWV

Key Points

• Meridian Wealth Management LLC cut its stake in CoreWeave by 95.7% in Q3, selling 68,953 shares and leaving the firm with 3,065 shares valued at about $419,000.
• There has been heavy insider selling
• Analyst and market signals are mixed — CoreWeave has a consensus rating of "Moderate Buy" (target $127.27) and a structural catalyst in Nvidia's $2 billion backing, but class‑action lawsuits and the recent insider sales pose near‑term headline risk.

Meridian Wealth Management LLC trimmed its position in shares of CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 95.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,065 shares of the company's stock after selling 68,953 shares during the period. Meridian Wealth Management LLC's holdings in CoreWeave were worth $419,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Costello Asset Management INC raised its position in CoreWeave by 33.3% during the 2nd quarter. Costello Asset Management INC now owns 400 shares of the company's stock valued at $65,000 after purchasing an additional 100 shares during the last quarter. Chilton Capital Management LLC increased its stake in shares of CoreWeave by 50.2% during the third quarter. Chilton Capital Management LLC now owns 362 shares of the company's stock valued at $50,000 after buying an additional 121 shares during the period. Family Legacy Financial Solutions LLC raised its holdings in shares of CoreWeave by 166.7% during the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company's stock valued at $27,000 after acquiring an additional 125 shares in the last quarter. CoreCap Advisors LLC lifted its stake in CoreWeave by 29.6% in the third quarter. CoreCap Advisors LLC now owns 644 shares of the company's stock worth $88,000 after acquiring an additional 147 shares during the period. Finally, Pittenger & Anderson Inc. boosted its holdings in CoreWeave by 36.0% in the third quarter. Pittenger & Anderson Inc. now owns 680 shares of the company's stock valued at $93,000 after acquiring an additional 180 shares in the last quarter.

Wall Street Analyst Weigh In

CRWV has been the topic of several research analyst reports. UBS Group reiterated a "neutral" rating on shares of CoreWeave in a research report on Friday, January 16th. Jefferies Financial Group reduced their target price on CoreWeave from $155.00 to $120.00 and set a "buy" rating on the stock in a report on Monday, January 5th. Weiss Ratings reissued a "sell (d-)" rating on shares of CoreWeave in a research report on Monday, December 29th. Melius Research set a $140.00 price target on CoreWeave in a research note on Tuesday, November 11th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of CoreWeave in a report on Monday, January 26th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.27.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Nvidia backing and investor interest support upside — Nvidia’s $2 billion equity investment (priced at $87.20/share) is being cited as a structural catalyst that reframes CoreWeave’s AI‑infrastructure growth story and underpins upside expectations. Why this small cloud stock backed by Nvidia could explode in 2026
• Positive Sentiment: High‑profile buying — reports show Cathie Wood/ARK purchased CoreWeave shares, signaling renewed institutional appetite that can help prop up the stock amid headline volatility. Cathie Wood Loads Up Millions in Alphabet and CoreWeave Stock
• Neutral Sentiment: Operational/financial momentum remains notable — the company has shown strong revenue growth and recent beats on top‑line results (supportive background for long‑term thesis), but execution and infrastructure scaling remain the key near‑term questions. (No specific article linked)
• Negative Sentiment: Surge of class‑action and law‑firm notices — multiple firms have filed or announced investigations and class actions alleging that CoreWeave and certain executives misled the market (claims include concealed infrastructure delays and overstated scaling ability). These suits are prompting a March 13 lead‑plaintiff deadline and are a clear near‑term headline risk that can pressure the stock. CRWV LEGAL NEWS: CoreWeave, Inc. Investors with Losses May Have Been Misled Hagens Berman Investigating Claims Against CoreWeave, Inc.
• Negative Sentiment: Insider selling reported — recent reports note insider sales (including senior executives), a development that can create short‑term selling pressure and reduce confidence in near‑term upside. CoreWeave NASDAQ: CRWV Trading Down 4.6% After Insider Selling Insiders Rang in the New Year Selling These Stocks, Buyers Beware

Insider Activity at CoreWeave

In related news, CEO Michael N. Intrator sold 111,427 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $72.39, for a total transaction of $8,066,200.53. Following the sale, the chief executive officer directly owned 5,922,620 shares of the company's stock, valued at $428,738,461.80. This trade represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of CoreWeave stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $87.57, for a total value of $24,629,062.50. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 4,046,993 shares of company stock valued at $334,183,318.

CoreWeave Price Performance

Shares of NASDAQ:CRWV opened at $90.06 on Wednesday. The business has a fifty day moving average price of $84.00 and a 200-day moving average price of $102.88. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market capitalization of $34.80 billion and a PE ratio of -62.11. 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 announced its quarterly earnings data on Monday, November 10th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.36) by $0.14. The firm had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.28 billion. The business's revenue for the quarter was up 133.7% compared to the same quarter last year. During the same period last year, the company posted ($1.82) earnings per share.

About CoreWeave

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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