World Investment Advisors Increases Holdings in CoreWeave Inc. $CRWV

World Investment Advisors grew its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 238.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,026 shares of the company’s stock after acquiring an additional 5,652 shares during the period. World Investment Advisors’ holdings in CoreWeave were worth $575,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CRWV. Sivia Capital Partners LLC bought a new stake in shares of CoreWeave in the second quarter worth about $39,824,000. Quantbot Technologies LP bought a new stake in shares of CoreWeave in the second quarter worth about $311,000. Invesco Ltd. bought a new stake in shares of CoreWeave in the second quarter worth about $882,000. First Trust Advisors LP bought a new stake in shares of CoreWeave in the second quarter worth about $20,260,000. Finally, Baird Financial Group Inc. bought a new stake in shares of CoreWeave in the second quarter worth about $455,000.

Analyst Ratings Changes

Several brokerages have recently issued reports on CRWV. Evercore reaffirmed an “outperform” rating and issued a $150.00 target price on shares of CoreWeave in a report on Wednesday, April 15th. Truist Financial lifted their target price on CoreWeave from $85.00 to $131.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Sanford C. Bernstein lifted their target price on CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a report on Tuesday, April 14th. Macquarie Infrastructure reaffirmed a “neutral” rating and issued a $115.00 target price on shares of CoreWeave in a report on Tuesday, January 27th. Finally, Cantor Fitzgerald lifted their target price on CoreWeave from $156.00 to $167.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $129.63.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave closed a $3.1 billion delayed draw term loan facility, giving it more capital to support AI cloud expansion and customer deployments. CoreWeave Closes $3.1 Billion Loan Facility, Expanding Access to Public Markets for GPU-Backed Financing
• Positive Sentiment: Some bullish commentary argues CoreWeave remains undervalued despite its rally, pointing to rapid revenue growth and a very large backlog of committed demand. Why CoreWeave Still Looks Undervalued
• Neutral Sentiment: CoreWeave presented at J.P. Morgan’s technology conference, which may help keep investor attention on its growth story but did not include an obvious major new catalyst. CoreWeave, Inc. (CRWV) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: NVIDIA’s latest portfolio disclosure is being interpreted as more nuanced than it first appeared, but the market seems to be using it mainly as a read on AI infrastructure winners and losers. A Deep Dive Into NVIDIA’s Latest Portfolio Moves (CRWV)
• Negative Sentiment: Google and Blackstone’s new AI cloud venture is being seen as a direct competitive threat to CoreWeave, especially because it is backed by massive equity capital and Google’s TPU technology. CoreWeave stock falls 4% — why Google Blackstone deal is bad for the stock?
• Negative Sentiment: DA Davidson downgraded CoreWeave and lowered its price target to $100 from $175, citing stretched valuation and concerns about capital intensity, leverage, and persistent losses. CoreWeave: Don’t Say I Didn’t Warn You To Leave Before It Was Too Late (Downgrade)
• Negative Sentiment: Additional coverage emphasizes that CoreWeave has already raised more than $20 billion in capital this year, reinforcing investor worries about dilution, funding needs, and balance-sheet risk. CoreWeave Has Raised $20 Billion in Capital This Year. Should Investors Be Worried?

Insider Activity at CoreWeave

In other CoreWeave news, COO Sachin Jain sold 14,750 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $118.61, for a total transaction of $1,749,497.50. Following the sale, the chief operating officer directly owned 123,058 shares of the company’s stock, valued at $14,595,909.38. The trade was a 10.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Michael N. Intrator sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $105.67, for a total value of $21,134,000.00. Following the sale, the chief executive officer directly owned 4,466,501 shares in the company, valued at $471,975,160.67. The trade was a 4.29% 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 24,427,381 shares of company stock valued at $2,745,331,673 over the last ninety days.

CoreWeave Trading Down 3.8%

Shares of NASDAQ CRWV opened at $99.81 on Wednesday. The business’s 50 day moving average is $98.56 and its two-hundred day moving average is $91.17. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $187.00. The stock has a market capitalization of $44.67 billion, a P/E ratio of -32.09 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $1.57 billion for the quarter. The company’s revenue was up 110.4% compared to the same quarter last year. As a group, research analysts expect that CoreWeave Inc. will post -4.15 EPS for the current year.

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.