Insider Selling: CoreWeave (NASDAQ:CRWV) CEO Sells 200,000 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $100.08, for a total value of $20,016,000.00. Following the completion of the transaction, the chief executive officer owned 1,087,129 shares in the company, valued at $108,799,870.32. This represents a 15.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Down 6.1%

CRWV stock traded down $5.82 during trading on Thursday, reaching $89.12. 27,746,010 shares of the company traded hands, compared to its average volume of 23,176,834. The business has a 50 day simple moving average of $85.54 and a 200 day simple moving average of $94.39. CoreWeave Inc. has a 12 month low of $60.55 and a 12 month high of $153.20. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company posted ($0.27) earnings per share. The business’s quarterly revenue was up 112.5% compared to the same quarter last year. Analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CRWV. Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. DA Davidson reiterated a “neutral” rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Citigroup increased their price target on shares of CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, August 14th. BNP Paribas Exane began coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $150.00 target price on shares of CoreWeave in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.90.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

Institutional Trading of CoreWeave

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. grew its stake in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the period. Greenline Wealth Management LLC purchased a new position in CoreWeave during the fourth quarter valued at $28,000. Essential Partners LLC acquired a new stake in shares of CoreWeave in the second quarter valued at about $30,000. Peterson Wealth Services grew its position in shares of CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock valued at $31,000 after purchasing an additional 245 shares during the period. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of CoreWeave during the first quarter worth about $31,000.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.