Insider Selling: CoreWeave (NASDAQ:CRWV) Director Sells $68,290,080.24 in Stock

CoreWeave Inc. (NASDAQ:CRWV) Director Jack Cogen sold 642,307 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $106.32, for a total transaction of $68,290,080.24. Following the completion of the transaction, the director directly owned 9,040,829 shares of the company’s stock, valued at approximately $961,220,939.28. This represents a 6.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

CoreWeave Price Performance

CRWV stock opened at $109.53 on Monday. 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 Inc. has a one year low of $63.80 and a one year high of $187.00. The stock has a market cap of $49.02 billion, a PE ratio of -35.22 and a beta of 7.18. The firm has a 50 day simple moving average of $102.63 and a two-hundred day simple moving average of $90.52.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $2.08 billion during the quarter. During the same period in the previous year, the company posted ($0.60) earnings per share. CoreWeave’s quarterly revenue was up 111.6% on a year-over-year basis. On average, analysts predict that CoreWeave Inc. will post -4.84 EPS for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC boosted its stake in shares of CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in CoreWeave during the 3rd quarter valued at $27,000. Aspect Partners LLC bought a new stake in CoreWeave during the 3rd quarter valued at $28,000. Cullen Frost Bankers Inc. raised its holdings in CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after buying an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new stake in CoreWeave during the 4th quarter valued at $28,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CRWV. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $135.00 price target on shares of CoreWeave in a research note on Friday, May 8th. Barclays boosted their price target on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Truist Financial upped their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $180.00 price objective on shares of CoreWeave in a research note on Friday, February 27th. Finally, Sanford C. Bernstein upped their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a research note on Tuesday, April 14th. Nineteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.