CoreWeave (NASDAQ:CRWV) CFO Nitin Agrawal Sells 63,891 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 63,891 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $93.35, for a total transaction of $5,964,224.85. Following the sale, the chief financial officer directly owned 252,200 shares of the company’s stock, valued at approximately $23,542,870. This represents a 20.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nitin Agrawal also recently made the following trade(s):

• On Wednesday, May 27th, Nitin Agrawal sold 5,508 shares of CoreWeave stock. The shares were sold at an average price of $102.17, for a total transaction of $562,752.36.
• On Wednesday, May 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total transaction of $1,004,388.84.
• On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $1,288.00.
• On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total transaction of $1,184.80.
• On Tuesday, March 17th, Nitin Agrawal sold 38,456 shares of CoreWeave stock. The shares were sold at an average price of $83.23, for a total transaction of $3,200,692.88.

CoreWeave Stock Up 5.0%

CRWV stock opened at $100.55 on Friday. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $187.00. The firm has a market cap of $45.00 billion, a PE ratio of -32.33 and a beta of 7.14. The firm has a 50 day simple moving average of $107.85 and a 200 day simple moving average of $92.41. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business had revenue of $2.08 billion for the quarter. During the same period in the previous year, the company posted ($0.60) earnings per share. CoreWeave’s revenue was up 111.6% on a year-over-year basis. Equities research analysts forecast that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on CRWV. HC Wainwright reissued a “buy” rating and set a $180.00 target price on shares of CoreWeave in a research note on Monday, March 2nd. Barclays increased their target price on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. JPMorgan Chase & Co. boosted their price target on shares of CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Jefferies Financial Group boosted their price target on shares of CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a report on Monday, May 4th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $131.52.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said it will be added to the Nasdaq-100 on June 22, a development that typically boosts demand for a stock because index funds and ETFs that track the benchmark may need to buy shares. CoreWeave to Join Nasdaq-100 Index
• Positive Sentiment: Coverage around the addition highlighted that CoreWeave is one of the AI-linked companies benefiting from strong investor interest in Nvidia-backed names and the broader AI boom. These Nvidia-Backed Firms Are Set to Join the Nasdaq 100 Soon. Their Stocks Are Surging
• Neutral Sentiment: Recent articles also repeated bullish arguments that CoreWeave’s revenue could keep growing quickly and that enterprise AI adoption may support its backlog and bookings, reinforcing the long-term growth story. Wall Street Expects CoreWeave’s Revenue to Double in 2026 and 2027. Is the Stock a Buy?
• Neutral Sentiment: At the same time, the stock had recently been under pressure as investors booked profits and short interest rose, which helps explain some of the volatility around the move. Here’s why Nebius and CoreWeave stocks have lost momentum lately
• Negative Sentiment: CoreWeave has also been issuing significant debt to fund its AI buildout, including a $3.5 billion senior notes plan and recently priced $1.25 billion in dollar notes plus €2 billion in euro notes, which may worry some investors about leverage and financing costs. CoreWeave Announces Pricing of $1.25 Billion of Senior Notes and €2 Billion of Senior Notes
• Negative Sentiment: Recent insider sales by the CEO and another insider may also be creating some caution, even though the trades were made under pre-arranged Rule 10b5-1 plans. MarketBeat CRWV page

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the period. Proficio Capital Partners LLC increased its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the period. Bank of America Corp DE increased its stake in CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after buying an additional 653,398 shares during the period. Clear Street Group Inc. increased its stake in CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after buying an additional 1,692,916 shares during the period. Finally, Alyeska Investment Group L.P. increased its stake in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after buying an additional 3,000,000 shares during the period.

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.