Cisco Systems Inc. Buys New Shares in CoreWeave Inc. $CRWV

Market Beat
2025.09.19 10:50
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Cisco Systems Inc. has acquired a new stake in CoreWeave Inc. (NASDAQ:CRWV), purchasing 1,063,980 shares valued at approximately $173.5 million, making it the second largest position in its investment portfolio. Other investors, including Gamco Investors and Goldman Sachs, have also increased their stakes in CoreWeave. The company's stock has seen a recent price increase, and analysts have mixed ratings, with a consensus rating of "Hold" and a target price of $114.16. CoreWeave reported a revenue increase of 206.7% year-over-year despite missing EPS estimates.