CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 13,608 Shares

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) COO Sachin Jain sold 13,608 shares of CoreWeave stock in a transaction on Monday, August 10th. The stock was sold at an average price of $92.09, for a total transaction of $1,253,160.72. Following the transaction, the chief operating officer directly owned 147,785 shares in the company, valued at approximately $13,609,520.65. This represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a 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.

Sachin Jain also recently made the following trade(s):

  • On Tuesday, June 30th, Sachin Jain sold 3 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total value of $287.07.
  • On Monday, June 1st, Sachin Jain sold 3,798 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $455,760.00.
  • On Thursday, May 28th, Sachin Jain sold 898 shares of CoreWeave stock. The stock was sold at an average price of $110.00, for a total value of $98,780.00.
  • On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total transaction of $636,552.14.

CoreWeave Trading Up 2.4%

CRWV stock opened at $90.32 on Wednesday. CoreWeave Inc. has a one year low of $60.55 and a one year high of $153.20. The stock has a market cap of $40.42 billion, a price-to-earnings ratio of -29.04 and a beta of 7.44. The company has a fifty day moving average price of $90.50 and a two-hundred day moving average price of $94.73. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: Revenue and earnings beat expectations: CoreWeave reported a quarterly loss that was better than consensus estimates and exceeded revenue forecasts, easing concerns about the company’s ability to convert AI demand into financial results. CoreWeave Reports Q2 Loss, Beats Revenue Estimates
  • Positive Sentiment: AI demand remains robust: Management highlighted accelerating demand for computing capacity, including business with Anthropic and Meta. CoreWeave’s reported order backlog reached roughly $104 billion, supporting expectations for significant future growth. CoreWeave Reports New Revenue High of $2.6 Billion as Sales Backlog Grows
  • Positive Sentiment: Near-term revenue guidance topped expectations: Third-quarter revenue guidance of $3.5 billion to $3.6 billion was above the approximately $3.4 billion analyst consensus, reinforcing the company’s strong growth outlook.
  • Positive Sentiment: Storage access supports expansion: A deal with Solidigm provides priority access to SSDs, helping CoreWeave address storage requirements as it expands its AI cloud infrastructure. CoreWeave’s Solidigm Deal
  • Neutral Sentiment: Analyst views remain mixed: JPMorgan raised its price target to $110 but maintained a Neutral rating, while Jefferies reiterated a Buy rating and a $150 target. Shares are also consolidating near technical resistance around $92.
  • Negative Sentiment: Profitability and financing remain risks: CoreWeave continues to post substantial losses and negative margins while investing heavily in data centers. Analysts expect a meaningful profitability improvement to remain several months away, and the company’s high leverage increases execution and financing risks.
  • Negative Sentiment: Full-year outlook was less decisive: Fiscal 2026 revenue guidance of $12.4 billion to $13.2 billion brackets consensus near $12.6 billion, but its midpoint is slightly below expectations. Investors will continue watching whether capacity additions and spending can keep pace with the large backlog.

Institutional Trading of CoreWeave

Several large investors have recently modified their holdings of the stock. Sivia Capital Partners LLC acquired a new position in shares of CoreWeave during the 2nd quarter valued at $39,824,000. Quantbot Technologies LP bought a new position in shares of CoreWeave during the 2nd quarter worth about $311,000. Invesco Ltd. acquired a new stake in CoreWeave in the 2nd quarter valued at $882,000. First Trust Advisors LP bought a new stake in CoreWeave during the 2nd quarter valued at $20,260,000. Finally, Baird Financial Group Inc. bought a new stake in CoreWeave during the 2nd quarter valued at $455,000.

Analyst Upgrades and Downgrades

CRWV has been the subject of several recent research reports. Weiss Ratings raised CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 24th. Raymond James Financial cut CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Wells Fargo & Company raised their price target on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 price target on shares of CoreWeave in a research report on Friday. Finally, JPMorgan Chase & Co. lifted their target price on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $136.82.

Read Our Latest Analysis on CRWV

CoreWeave Company Profile

(Get Free Report)

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.

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