Connor Clark & Lunn Investment Management Ltd. Has $5.55 Million Holdings in CoreWeave Inc. $CRWV

Connor Clark & Lunn Investment Management Ltd. boosted its position in CoreWeave Inc. (NASDAQ:CRWV) by 23.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,712 shares of the company’s stock after purchasing an additional 10,509 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in CoreWeave were worth $5,546,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CRWV. Cornerstone Planning Group LLC boosted its holdings in CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after buying an additional 121 shares during the last quarter. Greenline Wealth Management LLC bought a new stake in CoreWeave during the fourth quarter valued at approximately $28,000. Essential Partners LLC bought a new stake in shares of CoreWeave during the 2nd quarter valued at $30,000. Finally, Peterson Wealth Services increased its holdings in shares of CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after purchasing an additional 245 shares during the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced or expanded relationships with Hudson River Trading and Rescale, reinforcing demand for its AI cloud-computing services and potentially improving infrastructure utilization. CoreWeave Stock Trending as Company Lands Deals With Hudson River Trading, Rescale
• Positive Sentiment: Truist argued that NVIDIA’s reported roughly 17% GPU price increase may not hurt CoreWeave’s margins as much as expected. Strong customer demand, pricing power, and contract structures could allow CoreWeave to pass higher equipment costs through to customers; Truist reportedly sees substantial upside potential. Nvidia’s GPU Price Hikes Look Bad for CoreWeave. Truist Says the Opposite May Be True
• Positive Sentiment: NVIDIA’s strong quarterly results and reported minimum-revenue guarantees for some neocloud providers offered further evidence of robust AI infrastructure demand and could help CoreWeave secure financing or customer commitments. CRWV, NBIS, IREN Stocks Jump Overnight on Nvidia’s Blowout Q2
• Neutral Sentiment: Analyst commentary remains mixed: AI demand is outstripping available capacity, but comparisons with other data-center operators highlight CoreWeave’s substantial capital requirements, debt burden, and execution risks. CoreWeave: AI Demand Outstrips Supply, Yet The Stock Isn’t A Buy
• Negative Sentiment: Director Brannin McBee sold approximately $21.4 million of CoreWeave shares at $85.51 under pre-arranged Rule 10b5-1 plans. Although scheduled sales do not necessarily signal deteriorating fundamentals, the transactions reduced his holdings and added to investor concerns about insider confidence. CoreWeave Insider Sale SEC Filing
• Negative Sentiment: Investors remain concerned that rising GPU costs could compress profitability and that competition may eventually trigger a neocloud price decline. CoreWeave’s high debt-to-equity ratio and negative earnings amplify those risks. Truist Sees Investment Doubling Potential in CoreWeave

CoreWeave Stock Performance

Shares of CRWV opened at $86.80 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a 50-day simple moving average of $87.84 and a 200-day simple moving average of $94.87. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The company has a market capitalization of $39.83 billion, a PE ratio of -23.78 and a beta of 7.44.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion during the quarter. During the same period last year, the firm earned ($0.27) EPS. The company’s quarterly revenue was up 112.5% compared to the same quarter last year. Equities research analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Insider Activity at CoreWeave

In other news, CFO Nitin Agrawal sold 5,509 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $88.64, for a total transaction of $488,317.76. Following the completion of the sale, the chief financial officer owned 132,596 shares in the company, valued at approximately $11,753,309.44. The trade was a 3.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 500 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $85.51, for a total transaction of $42,755.00. Following the transaction, the insider directly owned 48,000 shares in the company, valued at approximately $4,104,480. The trade was a 1.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 7,699,366 shares of company stock valued at $735,139,980 over the last three months. Insiders own 24.20% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CRWV shares. Roth Capital set a $145.00 target price on CoreWeave in a research report on Thursday, August 13th. Citigroup raised their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. The Goldman Sachs Group lifted their target price on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research note on Friday, August 7th. Finally, Piper Sandler reiterated an “overweight” rating and set a $153.00 price objective (up from $151.00) on shares of CoreWeave in a research report on Wednesday, August 12th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $141.90.

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.