Andina Capital Management LLC Cuts Stock Position in CoreWeave Inc. $CRWV

Andina Capital Management LLC decreased its holdings in shares of CoreWeave Inc. (NASDAQ:CRWV) by 44.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,486 shares of the company’s stock after selling 19,665 shares during the quarter. CoreWeave comprises approximately 1.7% of Andina Capital Management LLC’s holdings, making the stock its 16th biggest holding. Andina Capital Management LLC’s holdings in CoreWeave were worth $1,897,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC boosted its position in shares of CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares during the period. Clear Street Group Inc. grew its stake in shares of CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after buying an additional 1,692,916 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in shares of 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 buying an additional 3,000,000 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings 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 buying an additional 3,796,077 shares during the period.

Insiders Place Their Bets

In other news, EVP Chen Goldberg sold 5,541 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $107.29, for a total transaction of $594,493.89. Following the transaction, the executive vice president owned 59,368 shares of the company’s stock, valued at approximately $6,369,592.72. This trade represents a 8.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Nitin Agrawal sold 58,429 shares of CoreWeave stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $116.70, for a total value of $6,818,664.30. Following the completion of the transaction, the chief financial officer owned 193,771 shares of the company’s stock, valued at $22,613,075.70. This trade represents a 23.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 27,822,618 shares of company stock worth $3,156,634,374.

CoreWeave Stock Down 4.8%

Shares of NASDAQ:CRWV opened at $106.00 on Wednesday. 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 fifty day simple moving average of $111.42 and a 200 day simple moving average of $94.42. The firm has a market cap of $47.44 billion, a PE ratio of -34.08 and a beta of 7.14. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $183.98.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The company 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%. CoreWeave’s revenue was up 111.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.60) EPS. On average, equities research analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $135.00 price target on shares of CoreWeave in a research report on Friday, May 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a research note on Monday, May 4th. Wolfe Research assumed coverage on shares of CoreWeave in a research report on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price on the stock. Evercore restated an “outperform” rating and issued a $150.00 target price on shares of CoreWeave in a research note on Wednesday, April 15th. Finally, Truist Financial raised their price target on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a report on Friday, May 8th. Twenty equities research 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $131.52.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a $335 million, five-year storage agreement with Backblaze, highlighting rising demand for AI-linked data infrastructure and adding another sign of customer growth. Backblaze Announces Five-Year Multi-Exabyte Data Storage Agreement with CoreWeave
• Positive Sentiment: Analysts and commentators continue to view CRWV as one of the leading AI infrastructure stocks, citing its rapid revenue growth, massive backlog, and close ties to NVIDIA and major AI customers. CoreWeave vs. Nebius: Which AI Infrastructure Stock Has More Upside?
• Positive Sentiment: Jim Cramer reiterated that he is bullish on CoreWeave, which can help reinforce investor confidence in the stock’s long-term AI growth story. Jim Cramer Shares Why He’s A Believer In CoreWeave (CRWV)
• Neutral Sentiment: CoreWeave was named the Official AI Cloud Partner of BattleBots, a branding and sponsorship deal that may help awareness but is unlikely to be a major near-term financial driver. CoreWeave Named Official AI Cloud Partner of BattleBots
• Neutral Sentiment: Some coverage notes that CRWV and Nebius were added to the Nasdaq-100, which can bring index-fund buying, but the stock has also seen volatility as traders react to the inclusion. Nebius and CoreWeave Join the Nasdaq-100, Triggering Index-Fund Buying in AI-Cloud Names
• Negative Sentiment: Despite strong revenue growth, CoreWeave’s stock has faced pressure from profitability and liquidity concerns, with commentary describing a “liquidity shock” and highlighting its concentrated customer base and heavy capital needs. CoreWeave’s Liquidity Shock Meets AI Scale
• Negative Sentiment: Reports that AI cloud stocks sold off after the Nasdaq-100 debut suggest some investors are taking profits after a recent run-up in CRWV shares. CoreWeave Sinks 5%, Nebius Dips as AI Cloud Stocks Sell the News on Their NASDAQ 100 Debut

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.