CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brannin Mcbee sold 3,683 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $99.82, for a total transaction of $367,637.06. Following the sale, the insider directly owned 318,086 shares in the company, valued at approximately $31,751,344.52. This trade represents a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Brannin Mcbee also recently made the following trade(s):
- On Monday, April 27th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $9,540,125.00.
- On Monday, April 27th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $21,806,000.00.
- On Monday, April 27th, Brannin Mcbee sold 45,850 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $4,999,025.50.
- On Monday, April 20th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $115.94, for a total transaction of $10,144,750.00.
- On Monday, April 20th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The shares were sold at an average price of $115.93, for a total transaction of $23,186,000.00.
- On Monday, April 20th, Brannin Mcbee sold 45,830 shares of CoreWeave stock. The shares were sold at an average price of $115.94, for a total transaction of $5,313,530.20.
- On Monday, April 13th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The shares were sold at an average price of $110.81, for a total transaction of $11,081,000.00.
- On Monday, April 13th, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The shares were sold at an average price of $110.82, for a total transaction of $4,848,375.00.
- On Monday, April 13th, Brannin Mcbee sold 22,915 shares of CoreWeave stock. The shares were sold at an average price of $110.82, for a total transaction of $2,539,440.30.
- On Monday, April 6th, Brannin Mcbee sold 66,665 shares of CoreWeave stock. The shares were sold at an average price of $81.25, for a total transaction of $5,416,531.25.
CoreWeave Stock Performance
NASDAQ CRWV traded down $2.09 during trading on Friday, hitting $105.49. 19,860,247 shares of the company’s stock traded hands, compared to its average volume of 29,885,526. The stock has a market capitalization of $47.21 billion, a price-to-earnings ratio of -33.92 and a beta of 7.84. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The business has a 50 day moving average of $100.22 and a 200-day moving average of $90.88.
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
- Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
- Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
- Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
- Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
- Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock
Analyst Ratings Changes
A number of brokerages have recently issued reports on CRWV. Sanford C. Bernstein increased their price target on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a report on Tuesday, April 14th. JPMorgan Chase & Co. increased their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Citigroup increased their price target on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Barclays increased their price target on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company increased their price target on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.63.
Get Our Latest Stock Report on CRWV
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of CRWV. Vanguard Group Inc. increased its position in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC increased 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 purchasing an additional 17,847,760 shares during the last quarter. Deutsche Bank AG increased its position in shares of CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP bought a new position in shares of CoreWeave in the fourth quarter worth approximately $230,099,000. Finally, Alyeska Investment Group L.P. increased its position 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 worth $286,440,000 after purchasing an additional 3,000,000 shares during the last quarter.
CoreWeave Company Profile
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.
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