18,551 Shares of CoreWeave Inc. $CRWV Purchased by Canvas Wealth Advisors LLC

07 Nov 2026, 10:32 by Amy Steele · The Cerbat Gem

Canvas Wealth Advisors LLC purchased a new position in CoreWeave Inc. (NASDAQ:CRWV – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,551 shares of the company’s stock, valued at approximately $1,616,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CRWV. State Street Corp lifted its holdings in shares of CoreWeave by 139.7% during the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after purchasing an additional 4,113,873 shares during the period. Alyeska Investment Group L.P. lifted its stake in CoreWeave by 55.7% in the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after buying an additional 3,897,741 shares in the last quarter. Amundi boosted its stake in shares of CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock worth $254,421,000 after acquiring an additional 2,387,337 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in CoreWeave in the 2nd quarter worth approximately $127,936,000. Finally, Jennison Associates LLC purchased a new stake in CoreWeave in the 1st quarter valued at $95,135,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CRWV shares. Barclays raised their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Piper Sandler lowered their price target on CoreWeave from $153.00 to $124.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Robert W. Baird raised their price objective on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. BTIG Research initiated coverage on shares of CoreWeave in a report on Wednesday, July 22nd. They issued a “buy” rating on the stock. Finally, Mizuho decreased their target price on shares of CoreWeave from $115.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.41.

View Our Latest Report on CRWV

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: Better-than-expected results from other AI-cloud companies helped spark a sector relief rally, lifting CoreWeave after Thursday’s losses. Article: Cloudflare and IREN earnings spark an AI-cloud rebound
Positive Sentiment: Investors are looking to strong AI demand, a reported $104 billion backlog and expanding infrastructure as potential supports for CoreWeave’s Q3 results. Article: CRWV poised for a Q3 earnings beat
Neutral Sentiment: Q3 expectations point to rapid growth—guidance implies roughly 158% year-over-year revenue growth—but an adjusted operating margin of about 6.5% would underscore that growth is not yet translating into robust profitability. Article: CoreWeave stock is no bargain—earnings preview
Negative Sentiment: CoreWeave’s bond yield has topped 16%, signaling heightened concern about the cost of financing its infrastructure expansion. High leverage and a 0.46 current ratio add to refinancing and liquidity risks. Article: CoreWeave bond yield tops 16%
Negative Sentiment: Investors are also weighing possible tighter rules and slower permitting for data centers, including in Texas, a key market for infrastructure growth. Article: Is CoreWeave facing a growth squeeze from data-center rules?
Negative Sentiment: A broader pullback in AI and data-center stocks, alongside an analyst downgrade and a price-target cut, has added pressure ahead of earnings. Article: AI stocks hammered as data-center concerns rise

Insider Activity

In related news, CEO Michael Intrator sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $89.18, for a total transaction of $17,836,000.00. Following the sale, the chief executive officer directly owned 1,876,815 shares of the company’s stock, valued at $167,374,361.70. This represents a 9.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kristen Mcveety sold 156,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $81.63, for a total transaction of $12,734,280.00. Following the sale, the insider owned 123,313 shares in the company, valued at approximately $10,066,040.19. This trade represents a 55.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 4,231,708 shares of company stock valued at $383,236,223. 24.20% of the stock is currently owned by company insiders.

CoreWeave Trading Up 6.3%

Shares of CRWV stock traded up $2.74 on Friday, hitting $46.40. The stock had a trading volume of 59,273,176 shares, compared to its average volume of 61,954,176. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. The firm has a market capitalization of $21.29 billion, a P/E ratio of -12.71 and a beta of 7.71. CoreWeave Inc. has a 1 year low of $40.58 and a 1 year high of $138.25. The company’s 50 day moving average price is $75.56 and its 200-day moving average price is $89.88.

CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. CoreWeave’s revenue was up 112.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.27) EPS. Analysts anticipate that CoreWeave Inc. will post -4.97 earnings per share for the current year.

About CoreWeave

(Free Report)

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads.

The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.