Gunderson Capital Management LLC Invests $3.39 Million in CoreWeave Inc. $CRWV

Gunderson Capital Management LLC purchased a new position in shares of CoreWeave Inc. (NASDAQ:CRWV) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 43,701 shares of the company’s stock, valued at approximately $3,386,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its position in shares of CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares during the period. KERR FINANCIAL PLANNING Corp bought a new position in CoreWeave during the third quarter worth about $27,000. Cullen Frost Bankers Inc. increased its position in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after acquiring an additional 121 shares during the period. Greenline Wealth Management LLC acquired a new stake in CoreWeave in the 4th quarter worth about $28,000. Finally, Highline Wealth Partners LLC acquired a new stake in CoreWeave in the 4th quarter worth about $32,000.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $96.58 on Friday. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $173.35. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock’s 50-day simple moving average is $110.42 and its 200 day simple moving average is $94.62. The firm has a market capitalization of $43.23 billion, a PE ratio of -31.05 and a beta of 7.14.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The business had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s quarterly revenue was up 111.6% on a year-over-year basis. During the same period last year, the firm posted ($0.60) earnings per share. On average, analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Insider Activity at CoreWeave

In related news, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $106.81, for a total transaction of $21,362,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,276,815 shares in the company, valued at $349,996,610.15. This represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 500 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $111.27, for a total transaction of $55,635.00. Following the completion of the transaction, the insider directly owned 52,500 shares of the company’s stock, valued at approximately $5,841,675. The trade was a 0.94% decrease in their position. 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. In the last three months, insiders have sold 28,457,234 shares of company stock valued at $3,225,112,891.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. HC Wainwright restated a “buy” rating and set a $180.00 target price on shares of CoreWeave in a research report on Monday, March 2nd. Sanford C. Bernstein reissued an “underperform” rating on shares of CoreWeave in a research report on Thursday, June 11th. Jefferies Financial Group raised their target price on shares of CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a report on Monday, May 4th. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a report on Tuesday, March 24th. Finally, Rosenblatt Securities initiated coverage on shares of CoreWeave in a research report on Thursday. They set a “buy” rating and a $250.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and a consensus target price of $135.00.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a Buy rating and a $250 price target, reinforcing the bullish view that CoreWeave could benefit from rising demand for AI infrastructure. Read More
• Positive Sentiment: BNP Paribas and other reports highlighted CoreWeave as a key beneficiary of the next AI chip cycle, while Cantor Fitzgerald reiterated an Overweight rating and a $167 target. Article Title
• Positive Sentiment: CoreWeave announced a partnership with Conapto to expand AI cloud capacity in Sweden, which supports the company’s growth narrative and international expansion. Article Title
• Neutral Sentiment: Several articles argue CoreWeave is one of the stocks that could double over the next two years, reflecting strong long-term enthusiasm but no new hard financial data. Article Title
• Negative Sentiment: CEO Michael Intrator sold shares under a pre-arranged trading plan, and insider Brannin McBee also sold stock. Even though the sales were planned, insider selling can still weigh on sentiment. SEC Filing

CoreWeave 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.