Themes Management Co LLC Invests $734,000 in CoreWeave Inc. $CRWV

Themes Management Co LLC purchased a new stake in shares of CoreWeave Inc. (NASDAQ:CRWV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,471 shares of the company’s stock, valued at approximately $734,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cornerstone Planning Group LLC grew its position in shares of CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings 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 acquiring an additional 121 shares in the last quarter. Greenline Wealth Management LLC purchased a new stake in CoreWeave in the fourth quarter worth $28,000. Peterson Wealth Services lifted its stake in CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after acquiring an additional 245 shares during the period. Finally, Cassaday & Co Wealth Management LLC bought a new stake in CoreWeave in the first quarter valued at $31,000.

Insider Buying and Selling

In other CoreWeave news, CEO Michael N. Intrator sold 61,797 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $86.94, for a total value of $5,372,631.18. Following the sale, the chief executive officer owned 2,876,815 shares in the company, valued at approximately $250,110,296.10. This represents a 2.10% decrease in their ownership of the stock. 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 53,000 shares of the business’s 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. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 17,070,099 shares of company stock valued at $1,982,943,238 over the last quarter. Corporate insiders own 24.20% of the company’s stock.

CoreWeave Price Performance

CRWV opened at $71.88 on Friday. 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 company has a market cap of $32.17 billion, a price-to-earnings ratio of -23.11 and a beta of 7.17. The stock has a fifty day simple moving average of $97.04 and a two-hundred day simple moving average of $95.31. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $153.20.

CoreWeave (NASDAQ:CRWV) last announced its 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 business had revenue of $2.08 billion for the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company’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 predict that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Robert W. Baird upgraded CoreWeave to “strong-buy,” which can support the stock by signaling confidence in the company’s long-term growth story. Zacks.com: CoreWeave was upgraded by Robert W. Baird to strong-buy.
• Positive Sentiment: One analyst article continues to highlight CoreWeave as a “pioneer” in AI infrastructure, reinforcing the market’s view that the company remains a key beneficiary of AI demand. Why this analyst is pounding the table on Pioneer CoreWeave stock.
• Neutral Sentiment: New comparison pieces versus Datadog, Nebius, and Cloudflare are keeping CoreWeave in the spotlight as investors weigh its revenue growth against other high-growth tech and AI cloud peers. CoreWeave vs. Datadog: What Do the Revenue Trends of These High-Growth Tech Companies Tell Investors?
• Neutral Sentiment: Reported short interest data showed no meaningful change in the stock’s short positioning, so this headline is unlikely to be a major driver of CRWV’s move.
• Negative Sentiment: Barclays reportedly lowered expectations for CoreWeave, a sign that some analysts are becoming more cautious about the stock’s valuation and near-term upside. Barclays Has Lowered Expectations for CoreWeave (NASDAQ:CRWV) Stock Price.

Analyst Ratings Changes

CRWV has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. DA Davidson reaffirmed a “neutral” rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Robert W. Baird assumed coverage on shares of CoreWeave in a research note on Tuesday. They set an “outperform” rating and a $100.00 target price on the stock. Barclays reduced their price target on shares of CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 21st. Finally, Raymond James Financial downgraded shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $136.25.

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.