Independent Advisor Alliance Sells 9,051 Shares of CoreWeave Inc. $CRWV

Independent Advisor Alliance reduced its position in CoreWeave Inc. (NASDAQ:CRWV) by 64.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,979 shares of the company’s stock after selling 9,051 shares during the quarter. Independent Advisor Alliance’s holdings in CoreWeave were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of CRWV. Sivia Capital Partners LLC bought a new position in shares of CoreWeave in the second quarter worth approximately $39,824,000. Quantbot Technologies LP bought a new position in shares of CoreWeave in the second quarter worth approximately $311,000. Invesco Ltd. bought a new position in shares of CoreWeave in the second quarter worth approximately $882,000. First Trust Advisors LP purchased a new position in shares of CoreWeave in the second quarter worth $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in shares of CoreWeave in the second quarter worth $455,000.

Insider Activity at CoreWeave

In related news, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $105.67, for a total transaction of $21,134,000.00. Following the sale, the chief executive officer owned 4,466,501 shares of the company’s stock, valued at $471,975,160.67. This represents a 4.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,924 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $110.55, for a total transaction of $8,503,948.20. 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 24,708,631 shares of company stock valued at $2,771,929,486 over the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CRWV. Weiss Ratings reissued a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. Roth Mkm reissued a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a report on Friday, May 8th. Oppenheimer boosted their target price on shares of CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Citizens Jmp reissued a “market outperform” rating and issued a $180.00 target price on shares of CoreWeave in a report on Friday, February 27th. Finally, Wolfe Research began coverage on shares of CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 target price on the stock. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.63.

CoreWeave Price Performance

CoreWeave stock opened at $103.77 on Tuesday. The company has a market cap of $46.44 billion, a price-to-earnings ratio of -33.37 and a beta of 7.84. The firm’s fifty day moving average is $98.02 and its 200 day moving average is $91.45. 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 Inc. has a 52-week low of $63.80 and a 52-week high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 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 110.4% on a year-over-year basis. Sell-side analysts forecast that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

CoreWeave News Roundup

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 expand its AI cloud platform and fund committed customer deployments. The company said the deal is the first publicly syndicated HPC infrastructure-backed financing vehicle, which could broaden access to future GPU-backed financing. Article Title
• Positive Sentiment: Some market commentary continues to frame CoreWeave as a key beneficiary of AI infrastructure spending, with outside investor interest and comparisons to other high-profile AI names helping keep the stock on investors’ radar. Article Title
• Neutral Sentiment: Reports that investor Leopold Aschenbrenner updated his portfolio, along with coverage of Nvidia-linked enthusiasm around CoreWeave, may support sentiment but do not change the company’s fundamentals directly. Article Title
• Negative Sentiment: DA Davidson downgraded CoreWeave and cut its price target to $100 from $175, signaling a much less optimistic view of the stock’s upside. Article Title
• Negative Sentiment: The same analyst also initiated CoreWeave and Nebius with Neutral ratings, reinforcing concerns that competition in AI cloud infrastructure is intensifying and that CoreWeave may face more pressure from emerging rivals. Article Title

About CoreWeave

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.