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

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) CEO Michael Intrator sold 200,000 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $116.42, for a total transaction of $23,284,000.00. Following the completion of the sale, the chief executive officer directly owned 5,066,501 shares in the company, valued at approximately $589,842,046.42. This represents a 3.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Down 4.2%

Shares of CRWV stock traded down $5.12 during trading on Thursday, reaching $117.42. The company’s stock had a trading volume of 21,582,691 shares, compared to its average volume of 31,339,204. The business has a fifty day moving average price of $90.32 and a 200-day moving average price of $94.04. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The company has a market cap of $49.20 billion and a price-to-earnings ratio of -36.69. CoreWeave Inc. has a one year low of $38.80 and a one year high of $187.00.

CoreWeave (NASDAQ:CRWVGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business’s revenue for the quarter was up 110.4% on a year-over-year basis. Analysts anticipate that CoreWeave Inc. will post -4.16 earnings per share for the current year.

Hedge Funds Weigh In On CoreWeave

A number of institutional investors have recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. increased its holdings in CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after buying an additional 119 shares during the last quarter. Chilton Capital Management LLC increased its holdings in CoreWeave by 50.2% during the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after buying an additional 121 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in CoreWeave by 26.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock worth $43,000 after buying an additional 125 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in CoreWeave by 29.6% during the third quarter. CoreCap Advisors LLC now owns 644 shares of the company’s stock worth $88,000 after buying an additional 147 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Sanford C. Bernstein boosted their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a research report on Tuesday, April 14th. Jefferies Financial Group cut their price objective on shares of CoreWeave from $155.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Wells Fargo & Company lowered their target price on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Finally, The Goldman Sachs Group started coverage on shares of CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 target price on the stock. Twenty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, CoreWeave has a consensus rating of “Moderate Buy” and a consensus target price of $125.16.

Check Out Our Latest Stock Report on CoreWeave

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: High revenue growth underpins the bull case: CoreWeave reported ~110% year?over?year revenue growth for the last reported quarter, reinforcing investor belief in sustained GPU/AI demand and supporting valuation momentum. MarketBeat: CRWV profile & earnings recap
  • Positive Sentiment: Jim Cramer continues to highlight CoreWeave as an aggressive buy while warning of volatility — his remarks can attract retail interest and keep demand for the shares. Jim Cramer: Spills The Beans on CoreWeave
  • Positive Sentiment: Analysts and industry pieces point to “demand locked” and a buildout race — suggesting strong forward bookings and need for capital investment, which supports long?term revenue trajectory. Seeking Alpha: Demand Is Locked
  • Neutral Sentiment: Company is planning sizable debt and capital raises: markets are pricing the moves as growth capital for rapid expansion, but increased leverage and dilution risk add ambiguity and volatility. Yahoo: CoreWeave issuing billions in debt
  • Negative Sentiment: Large insider and major?holder sales this week — Magnetar disclosed massive reductions (multiple filings showing >50% cut in its position across several days) and senior executives sold into a 10b5?1 plan; these transactions materially increase supply and are typically perceived negatively by the market. Magnetar SEC filing InsiderTrades alert
  • Negative Sentiment: Recent earnings showed a meaningful EPS miss and negative margins (cash?burn/margin risks); that report plus analyst previews highlighting margin/execution risk temper enthusiasm and can drive short?term selling. MarketBeat: earnings & analyst notes Seeking Alpha: Cautious ahead of earnings

About CoreWeave

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

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