CoreWeave (NASDAQ:CRWV) Trading Down 1.9% Following Insider Selling

Shares of CoreWeave Inc. (NASDAQ:CRWV) were down 1.9% during trading on Friday after an insider sold shares in the company. The company traded as low as $104.88 and last traded at $105.49. Approximately 19,429,543 shares were traded during trading, a decline of 31% from the average daily volume of 28,108,340 shares. The stock had previously closed at $107.58.

Specifically, CEO Michael N. Intrator sold 107,693 shares of CoreWeave stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $98.33, for a total transaction of $10,589,452.69. Following the sale, the chief executive officer directly owned 4,437,056 shares in the company, valued at $436,295,716.48. This trade represents a 2.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $98.33, for a total transaction of $19,666,000.00. Following the sale, the chief executive officer owned 4,266,501 shares in the company, valued at approximately $419,525,043.33. This represents a 4.48% 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. In related news, insider Brian M. Venturo sold 375,000 shares of CoreWeave stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $101.24, for a total transaction of $37,965,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CRWV shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a research report on Monday, May 4th. Oppenheimer lifted their target price on shares of CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Wolfe Research started coverage on shares of CoreWeave in a research report on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price on the stock. Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Tuesday, March 24th. Finally, Citizens Jmp restated a “market outperform” rating and set a $180.00 price target on shares of CoreWeave in a report on Friday, February 27th. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.63.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave and Pulumi launched new infrastructure-as-code integrations that connect CoreWeave’s GPU cloud directly to AI developer workflows, which could make the platform more attractive to enterprise AI teams and improve customer adoption. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Analyst and market commentary continues to point to CoreWeave as a major beneficiary of AI infrastructure spending, with some writers arguing the company still has meaningful upside if demand stays strong. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Positive Sentiment: CoreWeave is being highlighted as a top AI compute name alongside other infrastructure plays, with commentary emphasizing its large backlog, rapid revenue growth, and expanding customer base, including Meta. SpaceX IPO Filing Is Moving Rocket Lab, CoreWeave, and Other Stocks
• Neutral Sentiment: GF Securities initiated coverage with a Buy rating, adding to the debate over CoreWeave’s valuation and growth profile, but the broader analyst landscape remains split. CoreWeave in focus as GF Securities starts with Buy rating
• Neutral Sentiment: D.A. Davidson turned neutral on CoreWeave, reflecting uncertainty about the company’s path forward as investors weigh growth against execution and financial risk. D.A. Davidson Goes Neutal On CoreWeave
• Negative Sentiment: CEO Michael Intrator and insider Brian Venturo both sold large blocks of CoreWeave shares under pre-arranged trading plans, which can still weigh on investor sentiment even if the sales were not unusual. CoreWeave CEO Insider Sale Filing
• Negative Sentiment: Recent commentary also stresses CoreWeave’s heavy debt load, weak profitability, and concerns that larger AI infrastructure rivals could pressure margins, keeping some investors on the sidelines. CoreWeave building up enterprise business, led by financial services

CoreWeave Stock Down 1.9%

The firm’s 50 day moving average price is $99.75 and its two-hundred day moving average price is $90.77. The company has a market cap of $47.21 billion, a P/E ratio of -33.92 and a beta of 7.84. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. CoreWeave’s revenue for the quarter was up 110.4% on a year-over-year basis. Equities research analysts anticipate that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

Institutional Trading of CoreWeave

Several hedge funds have recently modified their holdings of CRWV. Sivia Capital Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter valued at $39,824,000. Quantbot Technologies LP bought a new stake in CoreWeave during the 2nd quarter valued at $311,000. Invesco Ltd. bought a new stake in CoreWeave during the 2nd quarter valued at $882,000. First Trust Advisors LP bought a new stake in CoreWeave during the 2nd quarter valued at $20,260,000. Finally, Baird Financial Group Inc. bought a new stake in CoreWeave during the 2nd quarter valued at $455,000.

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.