CoreWeave (NASDAQ:CRWV) Insider Jeff Baker Sells 1,320 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Jeff Baker sold 1,320 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $99.82, for a total value of $131,762.40. Following the completion of the sale, the insider directly owned 1,119 shares in the company, valued at $111,698.58. This represents a 54.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeff Baker also recently made the following trade(s):

• On Thursday, May 14th, Jeff Baker sold 42,515 shares of CoreWeave stock. The stock was sold at an average price of $113.94, for a total value of $4,844,159.10.
• On Wednesday, April 29th, Jeff Baker sold 6,760 shares of CoreWeave stock. The stock was sold at an average price of $107.87, for a total value of $729,201.20.
• On Tuesday, March 31st, Jeff Baker sold 16 shares of CoreWeave stock. The stock was sold at an average price of $74.05, for a total value of $1,184.80.

CoreWeave Stock Down 1.9%

CRWV opened at $105.49 on Friday. The stock’s fifty day moving average is $100.22 and its 200-day moving average is $90.88. The company has a market capitalization of $47.21 billion, a PE 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 Inc. has a one year low of $63.80 and a one year high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue for the quarter was up 110.4% compared to the same quarter last year. On average, equities analysts predict that CoreWeave Inc. will post -4.58 EPS for the current fiscal year.

Key Stories Impacting 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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CRWV. Sivia Capital Partners LLC acquired a new position in CoreWeave in the 2nd quarter worth about $39,824,000. Quantbot Technologies LP acquired a new position in CoreWeave in the 2nd quarter worth about $311,000. Invesco Ltd. acquired a new position in CoreWeave in the 2nd quarter worth about $882,000. First Trust Advisors LP acquired a new position in CoreWeave in the 2nd quarter worth about $20,260,000. Finally, Baird Financial Group Inc. acquired a new position in CoreWeave in the 2nd quarter worth about $455,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CRWV shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CoreWeave in a research report on Monday, May 4th. Jefferies Financial Group boosted their target price on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Wolfe Research assumed coverage on CoreWeave in a research report on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price on the stock. Finally, HC Wainwright reissued a “buy” rating and set a $180.00 price target on shares of CoreWeave in a research report on Monday, March 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.63.

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.