Michael Intrator Sells 200,000 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) CEO Michael Intrator sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $81.91, for a total transaction of $16,382,000.00. Following the sale, the chief executive officer directly owned 887,129 shares in the company, valued at $72,664,736.39. The trade was a 18.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Down 4.2%

Shares of NASDAQ:CRWV traded down $3.47 during trading on Thursday, reaching $79.88. 79,258,291 shares of the company’s stock traded hands, compared to its average volume of 19,446,246. CoreWeave Inc. has a fifty-two week low of $60.55 and a fifty-two week 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. The company has a 50-day simple moving average of $85.23 and a 200-day simple moving average of $94.04.

CoreWeave (NASDAQ:CRWVGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share 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 firm had revenue of $2.58 billion for the quarter. During the same period in the previous year, the firm posted ($0.27) EPS. The company’s revenue was up 112.5% compared to the same quarter last year. On average, equities research analysts predict that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: CoreWeave became one of the first specialized AI cloud providers to bring a multi-rack NVIDIA Vera Rubin NVL72 cluster online. The system combines hundreds of next-generation GPUs and is designed for demanding agentic-AI training and inference workloads. New cross-region storage and archiving capabilities could improve the platform’s appeal to enterprise customers. CoreWeave Brings Up Multi-Rack NVIDIA Vera Rubin NVL72 Cluster
  • Positive Sentiment: The company said it signed short-term contracts in the third quarter at pricing equivalent to approximately $40 million in annualized revenue per megawatt, indicating strong pricing power. CoreWeave also reported more than $25 billion of new customer commitments early in the quarter, supporting its growth and backlog outlook. CoreWeave Continues to Contract New Compute Capacity at Higher Prices
  • Neutral Sentiment: A 15-year lease at Blockfusion’s Niagara Falls campus provides long-term access to power and cooling for future AI infrastructure. The agreement improves deployment visibility, but also reflects the substantial capital and operating commitments required to expand capacity. Blockfusion Signs 15-Year Anchor Lease With CoreWeave
  • Negative Sentiment: CoreWeave launched a proposed $3 billion convertible senior-notes offering, with an option for up to $500 million more, and established an at-the-market program allowing the sale of up to 35 million Class A shares. Investors are concerned about higher interest costs, future dilution and the company’s already elevated leverage. CoreWeave Launches $3 Billion Convertible Debt Sale
  • Negative Sentiment: CoreWeave’s debt-to-equity ratio of roughly 5.5, negative earnings and customer concentration amplify execution risk. Analysts warn that slower AI-training demand or difficulty securing financing could pressure utilization, cash flow and the company’s ability to service debt. What Happens to CRWV Stock If Lenders Pull Back?

Analyst Upgrades and Downgrades

CRWV has been the topic of several research reports. Truist Financial increased their target price on CoreWeave from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Weiss Ratings upgraded shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 24th. Roth Capital set a $145.00 target price on shares of CoreWeave in a report on Thursday, August 13th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research report on Thursday, August 13th. Finally, Citigroup upped their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and a consensus price target of $142.31.

Check Out Our Latest Stock Report on CRWV

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently bought and sold shares of CRWV. Cullen Frost Bankers Inc. increased its stake in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the period. Essential Partners LLC purchased a new stake in shares of CoreWeave in the second quarter valued at about $30,000. Peterson Wealth Services boosted its stake in shares of CoreWeave by 153.1% during the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after buying an additional 245 shares during the period. Cassaday & Co Wealth Management LLC purchased a new position in shares of CoreWeave during the first quarter worth about $31,000. Finally, Burnham & Co LLC acquired a new position in CoreWeave in the 2nd quarter valued at about $32,000.

About CoreWeave

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for CoreWeave (NASDAQ:CRWV)

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