Himension Capital Singapore PTE. LTD. Has $29.90 Million Stock Holdings in CoreWeave Inc. $CRWV

Himension Capital Singapore PTE. LTD. boosted its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV) by 161.8% during the first quarter, Holdings Channel reports. The institutional investor owned 385,998 shares of the company’s stock after acquiring an additional 238,549 shares during the quarter. CoreWeave comprises about 2.3% of Himension Capital Singapore PTE. LTD.’s investment portfolio, making the stock its 9th biggest position. Himension Capital Singapore PTE. LTD.’s holdings in CoreWeave were worth $29,903,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in shares of CoreWeave by 275.6% in 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. Proficio Capital Partners LLC lifted its holdings in shares of CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after acquiring an additional 17,847,760 shares during the period. Deutsche Bank AG boosted its position in shares of CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP acquired a new stake in shares of CoreWeave during the 4th quarter valued at about $230,099,000. Finally, Alyeska Investment Group L.P. increased its stake in CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after acquiring an additional 3,000,000 shares during the period.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Truist upgraded CoreWeave (CRWV) to Buy, adding to the bullish case that the stock’s recent pullback may be creating an entry point for investors. CoreWeave upgraded to buy at Truist
• Positive Sentiment: Broad strength across AI cloud names helped sentiment, with reports noting CoreWeave was among the beneficiaries as investors bid up infrastructure plays tied to surging AI demand. Nebius Explodes 16% Higher…
• Positive Sentiment: Several pieces argued that CoreWeave could still have meaningful upside if it successfully scales power capacity and monetizes strong GPU-cloud demand, reinforcing the growth narrative around the stock. CoreWeave Inc. Receives $139.69 Consensus PT from Brokerages

CoreWeave Trading Up 8.9%

Shares of CoreWeave stock opened at $79.58 on Wednesday. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $153.20. The stock has a market capitalization of $35.62 billion, a P/E ratio of -25.59 and a beta of 7.17. The company has a 50-day simple moving average of $98.99 and a 200 day simple moving average of $95.38. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

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

Analysts Set New Price Targets

CRWV has been the subject of several recent research reports. 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 research report on Tuesday, March 24th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of CoreWeave in a report on Thursday, June 11th. Roth Capital reissued a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a report on Friday, May 8th. Jefferies Financial Group cut their target price on CoreWeave from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of CoreWeave in a research report on Thursday, July 2nd. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and an average price target of $136.25.

Insider Activity

In other news, major shareholder Magnetar Financial Llc sold 1,284,876 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $119.91, for a total value of $154,069,481.16. Following the transaction, the insider directly owned 264,061 shares of the company’s stock, valued at $31,663,554.51. The trade was a 82.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian M. Venturo sold 375,000 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $109.03, for a total value of $40,886,250.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 17,369,029 shares of company stock worth $2,019,468,133. Insiders own 24.20% of the company’s stock.

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.