WINTON GROUP Ltd Purchases New Holdings in CoreWeave Inc. $CRWV

WINTON GROUP Ltd acquired a new position in CoreWeave Inc. (NASDAQ:CRWVFree Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 40,032 shares of the company’s stock, valued at approximately $5,478,000.

Several other large investors also recently added to or reduced their stakes in the company. Chilton Capital Management LLC boosted its position in shares of CoreWeave by 50.2% in the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $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 worth $27,000 after acquiring an additional 125 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of CoreWeave by 29.6% during 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 last quarter. Pittenger & Anderson Inc. lifted its holdings in shares of CoreWeave by 36.0% during the 3rd quarter. Pittenger & Anderson Inc. now owns 680 shares of the company’s stock valued at $93,000 after buying an additional 180 shares during the last quarter. Finally, Banco Santander S.A. grew its stake in shares of CoreWeave by 7.9% in the 3rd quarter. Banco Santander S.A. now owns 2,455 shares of the company’s stock valued at $336,000 after buying an additional 180 shares in the last quarter.

Analyst Ratings Changes

A number of research analysts recently weighed in on CRWV shares. Barclays cut their price objective on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Monday, January 12th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $131.00 price objective on shares of CoreWeave in a research report on Friday, February 27th. Morgan Stanley lifted their price target on shares of CoreWeave from $91.00 to $99.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Roth Mkm restated a “buy” rating on shares of CoreWeave in a research report on Monday, February 23rd. Finally, Citizens Jmp restated a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $122.35.

Get Our Latest Stock Analysis on CRWV

Insider Transactions at CoreWeave

In related news, insider Brian M. Venturo sold 281,250 shares of CoreWeave stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $79.33, for a total transaction of $22,311,562.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Kristen J. Mcveety sold 2,671 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $97.92, for a total value of $261,544.32. Following the transaction, the insider directly owned 120,079 shares of the company’s stock, valued at approximately $11,758,135.68. This represents a 2.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 4,454,665 shares of company stock worth $381,491,899.

CoreWeave Stock Up 1.9%

NASDAQ:CRWV opened at $74.41 on Tuesday. CoreWeave Inc. has a 52-week low of $33.51 and a 52-week high of $187.00. The stock has a 50-day simple moving average of $88.47 and a 200 day simple moving average of $98.65. The company has a market cap of $31.18 billion and a PE ratio of -23.25. 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:CRWVGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. CoreWeave’s quarterly revenue was up 110.4% on a year-over-year basis.

Key Headlines Impacting CoreWeave

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About CoreWeave

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for CoreWeave (NASDAQ:CRWV)

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