IFM Investors Pty Ltd Purchases 12,783 Shares of CoreWeave Inc. $CRWV

IFM Investors Pty Ltd increased its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 37.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,075 shares of the company’s stock after acquiring an additional 12,783 shares during the quarter. IFM Investors Pty Ltd’s holdings in CoreWeave were worth $3,647,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CRWV. Sivia Capital Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter valued at about $39,824,000. Quantbot Technologies LP bought a new position in shares of CoreWeave during the second quarter valued at approximately $311,000. Invesco Ltd. bought a new position in shares of CoreWeave during the second quarter valued at approximately $882,000. First Trust Advisors LP purchased a new position in CoreWeave during the second quarter valued at approximately $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave during the second quarter valued at approximately $455,000.

Insider Activity

In related news, CEO Michael N. Intrator sold 278,560 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total transaction of $27,140,100.80. Following the transaction, the chief executive officer directly owned 3,138,612 shares of the company’s stock, valued at $305,794,967.16. This represents a 8.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian M. Venturo sold 76,912 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $86.99, for a total value of $6,690,574.88. Following the completion of the sale, the insider owned 283,985 shares of the company’s stock, valued at approximately $24,703,855.15. This trade represents a 21.31% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 27,103,892 shares of company stock worth $3,133,470,500.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $81.75 on Friday. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $166.22. The firm has a 50 day moving average of $107.48 and a 200 day moving average of $94.71. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock has a market capitalization of $36.59 billion, a price-to-earnings ratio of -26.29 and a beta of 7.17.

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

Analyst Ratings Changes

A number of research firms have weighed in on CRWV. Sanford C. Bernstein restated an “underperform” rating on shares of CoreWeave in a report on Thursday, June 11th. JPMorgan Chase & Co. lifted their price target on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Rosenblatt Securities reissued a “buy” rating on shares of CoreWeave in a research report on Thursday. Cantor Fitzgerald reissued an “overweight” rating and issued a $167.00 price target on shares of CoreWeave in a research report on Thursday, June 11th. Finally, Jefferies Financial Group upped their price objective on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.00.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating on CoreWeave, suggesting some analysts still see upside despite the selloff. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Positive Sentiment: Some investors and commentators argue the Meta-driven pullback may be overdone because CoreWeave still has a very large AI backlog and strong demand for compute capacity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent designed to speed model iteration and automate analysis; this is a constructive product update, but not an immediate stock-moving event. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: CoreWeave expanded its Livingston headquarters, signaling continued growth, though it has not offset the broader investor concerns. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Negative Sentiment: Meta’s reported move into cloud infrastructure intensified fears that large hyperscalers could become direct competitors, threatening CoreWeave’s future pricing and customer growth. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Multiple insider sales, including CEO Michael Intrator and insider Brannin McBee, added to sentiment pressure and raised questions about valuation after the recent run-up, even though the trades were largely tied to tax withholding under 10b5-1 plans. CoreWeave Just Slipped Under $50 Billion. Is the Debt Finally Catching Up?

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.