State of New Jersey Common Pension Fund D Purchases New Holdings in CoreWeave Inc. $CRWV

Key Points

• State of New Jersey Common Pension Fund D bought a new stake of 59,450 shares of CoreWeave (NASDAQ:CRWV) in Q4, valued at about $4.26 million, while several other funds slightly increased their positions.
• Insiders have been selling heavily: CEO Michael Intrator sold 200,000 shares (~$21.3M) and Brian Venturo sold 76,924 shares (~$8.7M), and insiders have offloaded 18,170,265 shares worth roughly $1.90 billion over the last 90 days.
• Wall Street is broadly positive—multiple price‑target raises and a consensus target of $127.94—but CoreWeave shows rapid revenue growth (+110% YoY) alongside negative EPS, high leverage (debt/equity ~4.46) and low liquidity ratios, signaling opportunity with material execution and financial risks.

State of New Jersey Common Pension Fund D purchased a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 59,450 shares of the company's stock, valued at approximately $4,257,000.

Several other hedge funds have also made changes to their positions in CRWV. Chilton Capital Management LLC increased its stake in CoreWeave by 50.2% in the 3rd 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. CoreCap Advisors LLC increased its stake in CoreWeave by 29.6% in the 3rd quarter. CoreCap Advisors LLC now owns 644 shares of the company's stock valued at $88,000 after buying an additional 147 shares during the period. Pittenger & Anderson Inc. increased its stake in shares of CoreWeave by 36.0% during the 3rd quarter. Pittenger & Anderson Inc. now owns 680 shares of the company's stock worth $93,000 after purchasing an additional 180 shares during the last quarter. Banco Santander S.A. increased its stake in shares of CoreWeave by 7.9% during the 3rd quarter. Banco Santander S.A. now owns 2,455 shares of the company's stock worth $336,000 after purchasing an additional 180 shares during the last quarter. Finally, XTX Topco Ltd increased its stake in shares of CoreWeave by 1.4% during the 3rd quarter. XTX Topco Ltd now owns 12,850 shares of the company's stock worth $1,759,000 after purchasing an additional 180 shares during the last quarter.

Insider Buying and Selling at CoreWeave

In related news, CEO Michael N. Intrator sold 200,000 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $106.59, for a total transaction of $21,318,000.00. Following the completion of the sale, the chief executive officer owned 4,866,501 shares in the company, valued at $518,720,341.59. This trade represents a 3.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,924 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $113.24, for a total transaction of $8,710,873.76. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,170,265 shares of company stock worth $1,903,960,052 over the last ninety days.

Wall Street Analysts Forecast Growth

CRWV has been the topic of several analyst reports. DA Davidson increased their price target on shares of CoreWeave from $125.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Evercore restated an "outperform" rating and set a $150.00 price target on shares of CoreWeave in a research note on Wednesday, April 15th. Bank of America upgraded shares of CoreWeave from a "neutral" rating to a "buy" rating and set a $100.00 price target on the stock in a research note on Tuesday, March 24th. Oppenheimer increased their price target on shares of CoreWeave from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group initiated coverage on shares of CoreWeave in a research note on Monday, January 12th. They set a "neutral" rating and a $86.00 price target on the stock. Twenty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, CoreWeave has an average rating of "Moderate Buy" and a consensus price target of $127.94.

CoreWeave Price Performance

NASDAQ:CRWV opened at $125.40 on Tuesday. The company has a 50-day moving average of $91.88 and a 200-day moving average of $92.51. The company has a market capitalization of $55.55 billion, a price-to-earnings ratio of -39.19 and a beta of 7.89. CoreWeave Inc. has a 52 week low of $49.06 and a 52 week high of $187.00. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The firm's quarterly revenue was up 110.4% compared to the same quarter last year. As a group, equities research analysts anticipate that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Deal with Anthropic seen as strategic and demand‑driving — analysts and writers say CoreWeave’s agreement with Anthropic materially strengthens its AI‑compute backlog and positions CRWV as a winner in the resurging AI‑infrastructure trade; this deal is cited as a core reason investors are rotating back into the name. CoreWeave’s Anthropic Deal is Game Changing — The AI‑Infra Trade is Heating Up
• Positive Sentiment: Jim Cramer highlighted CRWV ahead of earnings — Cramer told viewers to watch CoreWeave for a potential “big surprise” when management reports, which can draw retail flows and short‑term momentum into the stock ahead of the report. Jim Cramer Expects a Big Surprise for CoreWeave
• Positive Sentiment: Strong industry backdrop — a Seeking Alpha piece cites massive hyperscaler AI capex ($700B+ range) that supports tight GPU supply, strong pricing and sustained demand for CoreWeave’s capacity; that macro tailwind underpins investor bullishness despite execution risks. $700B AI Boom Is Fueling CoreWeave
• Neutral Sentiment: Earnings/catalyst date reminder — media pieces are flagging May 7 as a key calendar date for CoreWeave, focusing attention on next week’s report as the immediate catalyst for a meaningful price move. Dear CoreWeave stock fans, mark your calendars for May 7
• Neutral Sentiment: Portfolio/quant buying attention — reports show high‑performing copy trading/hedge funds have been active in top AI names; coverage mentions trades that include CoreWeave, which can amplify flows but is not a direct fundamental change. This copy-trading portfolio soared 60% in two months – here's what it is buying
• Negative Sentiment: Large shareholder Magnetar sold a material block — SEC filings show Magnetar Financial sold 209,157 shares (~$25M at reported prices) and reduced its stake ~22%, a meaningful insider/holder liquidation that can weigh on sentiment and supply in the near term. SEC Filing — Magnetar sale
• Negative Sentiment: Other insider sales reported — small reported sales (Jeff Baker, additional Magnetar filings) add to the disclosure noise and give traders ammo to press downside into a catalyst if results or guidance disappoint. Jeff Baker Sells 6,760 Shares of CoreWeave Magnetar Financial Llc Sells 6,564 Shares of CoreWeave

CoreWeave Company 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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