Sean Lie Sells 53,460 Shares of Cerebras Systems (NASDAQ:CBRS) Stock

Cerebras Systems Inc. (NASDAQ:CBRS) CTO Sean Lie sold 53,460 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $210.16, for a total transaction of $11,235,153.60. Following the sale, the chief technology officer directly owned 345,569 shares in the company, valued at $72,624,781.04. This trade represents a 13.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sean Lie also recently made the following trade(s):

• On Thursday, August 20th, Sean Lie sold 710,247 shares of Cerebras Systems stock. The stock was sold at an average price of $207.86, for a total transaction of $147,631,941.42.
• On Friday, August 21st, Sean Lie sold 16,293 shares of Cerebras Systems stock. The stock was sold at an average price of $210.01, for a total value of $3,421,692.93.
• On Tuesday, August 18th, Sean Lie sold 21,257 shares of Cerebras Systems stock. The shares were sold at an average price of $222.22, for a total value of $4,723,730.54.
• On Thursday, June 25th, Sean Lie sold 10,033 shares of Cerebras Systems stock. The shares were sold at an average price of $170.07, for a total value of $1,706,312.31.

Cerebras Systems Trading Down 1.8%

Cerebras Systems stock opened at $196.20 on Thursday. The firm has a 50-day moving average price of $202.42. Cerebras Systems Inc. has a 12-month low of $160.81 and a 12-month high of $386.34.

Cerebras Systems (NASDAQ:CBRS) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($2.98) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($2.77). The company had revenue of $209.87 million during the quarter. The firm’s revenue for the quarter was up 74.3% on a year-over-year basis. As a group, equities analysts predict that Cerebras Systems Inc. will post -0.52 earnings per share for the current fiscal year.

More Cerebras Systems News

Here are the key news stories impacting Cerebras Systems this week:

• Positive Sentiment: Cerebras holds approximately $25.4 billion in remaining performance obligations, while cloud and services revenue reportedly surged 287% year over year to $127.7 million. More than 600 megawatts of secured capacity could support future inference growth, although data-center deployment is now a key execution requirement. Cerebras: The Inference Bottleneck Winner
• Positive Sentiment: Analyst sentiment remains favorable, with Needham maintaining a $300 price target and Wedbush assigning an outperform rating with a $290 target. The reported consensus rating is “Moderate Buy,” with an average target of $299.90. Cerebras Systems Insider Selling Report
• Neutral Sentiment: Broader AI and robotics developments—including cheaper inference, longer-running AI agents and more commercial deployment—provide a supportive industry backdrop for Cerebras, but the article does not identify a new company-specific contract or catalyst. AI and Robotics in 2026
• Negative Sentiment: CEO Andrew Feldman sold 37,441 shares for approximately $7.9 million, reducing his direct ownership by 68.96%. CTO Sean Lie sold 53,460 shares worth about $11.2 million, and Director Steven Vassallo sold 50,000 shares worth roughly $10.5 million. The cluster of sizable insider sales can weigh on sentiment, even though such transactions may reflect personal financial planning. Cerebras Insider Selling
• Negative Sentiment: Cerebras’ latest quarterly loss of $2.98 per share substantially exceeded the expected loss of $0.21, despite revenue increasing 74.3% year over year to $209.87 million. The earnings miss reinforces concerns about near-term profitability and execution.

Analysts Set New Price Targets

CBRS has been the topic of a number of recent research reports. Freedom Capital raised shares of Cerebras Systems to a “hold” rating in a research note on Monday, June 29th. Craig Hallum assumed coverage on Cerebras Systems in a research report on Monday, June 8th. They issued a “buy” rating and a $325.00 price target on the stock. UBS Group upped their price objective on Cerebras Systems from $320.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Morgan Stanley upped their price target on Cerebras Systems from $273.00 to $279.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Citigroup lowered their target price on shares of Cerebras Systems from $340.00 to $320.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cerebras Systems has a consensus rating of “Moderate Buy” and a consensus price target of $299.90.

Institutional Trading of Cerebras Systems

Hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc acquired a new position in shares of Cerebras Systems in the second quarter valued at approximately $169,000. Integrated Wealth Concepts LLC bought a new position in Cerebras Systems during the 2nd quarter worth about $197,000. Corient Private Wealth LP acquired a new stake in shares of Cerebras Systems in the 2nd quarter valued at about $205,000. Tiger Pacific Capital LP bought a new stake in shares of Cerebras Systems in the second quarter valued at about $221,000. Finally, Carlson Financial Inc. acquired a new position in shares of Cerebras Systems during the second quarter worth about $322,000.

Cerebras Systems Company Profile

Cerebras Systems develops specialized computing systems and software for artificial intelligence (AI) and machine-learning workloads. The company’s technology is designed to accelerate the training and deployment of large AI models by combining high-performance processors, memory, networking and software into integrated computing platforms.

Its principal products include the Wafer-Scale Engine (WSE), a processor built on a single semiconductor wafer, and the CS-3 AI supercomputer, which is based on the company’s wafer-scale architecture.