Total Wealth Planning & Management Inc. Takes $740,000 Position in CoreWeave Inc. $CRWV

Key Points

• Total Wealth Planning & Management Inc. has acquired a new stake in CoreWeave Inc., purchasing 4,537 shares valued at approximately $740,000 during the second quarter.
• Several large investors, including Chelsea Counsel Co. and Western Pacific Wealth Management LP, have also either bought new positions or significantly increased their stakes in CoreWeave during the same period.
• CoreWeave recently experienced a decrease in earnings per share, reporting ($0.27) which missed the expected ($0.20), although its revenue rose significantly by 206.7% year-over-year.

Total Wealth Planning & Management Inc. purchased a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,537 shares of the company's stock, valued at approximately $740,000.

Other large investors have also added to or reduced their stakes in the company. Chelsea Counsel Co. bought a new position in CoreWeave in the 2nd quarter valued at approximately $33,000. SOA Wealth Advisors LLC. raised its holdings in CoreWeave by 275.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company's stock valued at $61,000 after buying an additional 275 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in CoreWeave in the 2nd quarter valued at approximately $82,000. Webster Bank N. A. bought a new position in CoreWeave in the 2nd quarter valued at approximately $82,000. Finally, Farther Finance Advisors LLC bought a new position in CoreWeave in the 2nd quarter valued at approximately $90,000.

Analyst Ratings Changes

A number of brokerages recently issued reports on CRWV. Bank of America dropped their price objective on shares of CoreWeave from $185.00 to $168.00 and set a "neutral" rating for the company in a report on Wednesday, August 13th. Loop Capital started coverage on shares of CoreWeave in a report on Friday, September 19th. They set a "buy" rating and a $165.00 price target for the company. Arete upgraded shares of CoreWeave from a "neutral" rating to a "buy" rating and set a $180.00 price target for the company in a report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of CoreWeave in a report on Wednesday, August 13th. Finally, Seaport Res Ptn upgraded shares of CoreWeave to a "hold" rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.64.

CoreWeave Trading Up 2.2%

NASDAQ:CRWV opened at $143.08 on Friday. The company has a fifty day moving average of $114.11 and a 200-day moving average of $105.57. 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 twelve month low of $33.51 and a twelve month high of $187.00.

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

Insider Buying and Selling at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 63,318 shares of the business's stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $137.63, for a total transaction of $8,714,456.34. Following the completion of the sale, the insider owned 339,232 shares in the company, valued at approximately $46,688,500.16. The trade was a 15.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brian M. Venturo sold 52,787 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $137.90, for a total transaction of $7,279,327.30. Following the sale, the insider owned 248,722 shares of the company's stock, valued at $34,298,763.80. This trade represents a 17.51% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,422,319 shares of company stock worth $3,009,610,759.

CoreWeave Company Profile

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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