Resona Asset Management Co. Ltd. Boosts Stake in CoreWeave Inc. $CRWV

Resona Asset Management Co. Ltd. lifted its stake in shares of CoreWeave Inc. (NASDAQ:CRWV) by 39.1% in the first quarter, HoldingsChannel.com reports. The fund owned 70,769 shares of the company’s stock after acquiring an additional 19,909 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in CoreWeave were worth $5,395,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in CoreWeave by 6,022.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after buying an additional 110,926 shares during the last quarter. Legal & General Group Plc boosted its stake in CoreWeave by 8,455.6% in the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock worth $43,775,000 after buying an additional 604,156 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in CoreWeave by 67.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after buying an additional 26,907 shares in the last quarter. Finally, Hidden Lake Asset Management LP bought a new position in CoreWeave during the third quarter valued at approximately $14,814,000.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, insider Brian M. Venturo sold 76,912 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $86.99, for a total transaction of $6,690,574.88. Following the transaction, the insider owned 283,985 shares in the company, valued at approximately $24,703,855.15. This represents a 21.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brannin Mcbee sold 53,000 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $86.13, for a total value of $4,564,890.00. 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 24,941,871 shares of company stock valued at $2,920,484,187. 24.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CRWV has been the topic of several research reports. Jefferies Financial Group lifted their price target on shares of CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Oppenheimer increased their target price on shares of CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Barclays lifted their target price on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Wells Fargo & Company boosted their price target on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Mizuho upped their price target on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $136.73.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $88.88 on Monday. The company has a 50-day moving average price of $105.06 and a 200-day moving average price of $95.35. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $153.20. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock has a market cap of $39.78 billion, a price-to-earnings ratio of -28.58 and a beta of 7.17.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion for the quarter. During the same quarter in the prior year, the company earned ($0.60) EPS. CoreWeave’s revenue for the quarter was up 111.6% compared to the same quarter last year. Equities analysts predict that CoreWeave Inc. will post -4.57 EPS for the current year.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Wolfe Research maintained an Outperform rating on CoreWeave and kept a $150 price target, signaling continued analyst confidence in the company’s AI cloud growth potential. Article Title
• Positive Sentiment: CoreWeave was named a Visionary in Gartner’s 2026 Magic Quadrant for Cloud AI Infrastructure, which supports its credibility as a leading AI infrastructure provider. Article Title
• Positive Sentiment: Media coverage highlighted CoreWeave’s expanding AI demand tailwind, noting more than 3.5 GW of contracted power and a large backlog that could support future revenue growth. Article Title
• Neutral Sentiment: Short-interest data showed 0 reported shares, making the update effectively non-informative for investors and unlikely to affect the stock on its own.
• Neutral Sentiment: Comments from Jim Cramer calling CoreWeave one of the stronger neocloud players may support sentiment, but it is not a direct catalyst. Article Title
• Negative Sentiment: CoreWeave’s CEO disclosed sales of nearly 370,000 shares across recent filings, which can weigh on sentiment even though the trades were made under pre-arranged 10b5-1 plans. Article Title
• Negative Sentiment: Articles about Meta’s AI cloud ambitions raised competition concerns, suggesting larger rivals could pressure CoreWeave’s growth narrative and market share. Article Title

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.