Wilmington Savings Fund Society, FSB 13F: New $1.5M Stake in CBRS
Key Points
- Wilmington Savings Fund Society opened a new stake in Cerebras Systems Inc. by acquiring 8,682 shares worth approximately $1.54 million.
- Shares of Cerebras Systems recently traded around $110.86, sitting near the lower end of their 52-week range.
- Wall Street maintains a strong buy consensus on the artificial intelligence infrastructure firm ahead of its upcoming earnings report.
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Wilmington Savings Fund Society reported a new stake in Cerebras Systems Inc. (NasdaqGS: CBRS), picking up 8,682 shares valued at approximately $1.54 million. The position was revealed in a Form 13F filing with the Securities and Exchange Commission on October 23, 2026. On the day of the filing, the company's shares closed at $110.82.
CBRS
Cerebras Systems Inc.
What Changed in Wilmington Savings Fund Society's Cerebras Systems Position
The institution initiated a brand-new holding in the semiconductor firm, going from zero shares to 8,682 shares. The reported value of the investment reached $1,542,357 at the time of the report.
Other Institutional Activity in Cerebras Systems
Other major funds have also adjusted their positions in the semiconductor firm. Eclipse Operations, LLC grew its holdings by 5,723,135 shares, ending with 11,446,270 shares worth about $1,268,475,637. Altimeter Capital Management, LP grew its holdings by 3,612,518 shares, ending with 7,225,037 shares worth about $800,678,598. Coatue Management LLC grew its holdings by 3,505,514 shares, ending with 7,011,028 shares worth about $776,962,120. Atreides Management, LP grew its holdings by 1,555,043 shares, ending with 3,110,086 shares worth about $344,659,729. Gemmer Asset Management opened a new position, ending with 1,898 shares worth about $337,180.
Cerebras Systems Inc. Stock Down 6.0%
Cerebras Systems shares recently traded around $110.86 as of October 24, 2026, staying equal to the previous day's close of $110.82. The stock is trading well below its 50-day moving average of $182.26 and sits far under its 52-week high of $386.34, though it remains slightly above its 52-week low of $107.89.
Recent Earnings
Cerebras Systems is not yet profitable on a trailing-twelve-month basis, posting an earnings per share loss of $5.14 against $680.67 million in trailing revenue. The company is scheduled to release its next financial results on November 12, 2026.
Insider Buying and Selling at Cerebras Systems Inc.
Company insiders were active earlier in the year, with executives making open-market purchases and sales during June 2026.
Analysts Set New Price Targets
Wall Street analysts maintain active coverage on the stock, holding a consensus recommendation key of strong_buy alongside a mean price target of $282.55.
About Cerebras Systems
Cerebras Systems Inc. designs artificial intelligence infrastructure, building custom compute platforms and wafer-scale engines meant to accelerate generative AI and deep learning workloads in data centers. Institutional interest remains high as the company scales its hardware technology for supercomputer-level applications.
Bottom Line
Investors will watch for the company's next earnings release on November 12, 2026, to gauge ongoing revenue growth and margin progress.
Related Filing Alerts
Source: Wilmington Savings Fund Society, FSB's 13F filing on $CBRS (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts