CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 14,750 Shares

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 14,750 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $118.61, for a total transaction of $1,749,497.50. Following the completion of the transaction, the chief operating officer owned 123,058 shares in the company, valued at $14,595,909.38. The trade was a 10.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $131.13, for a total transaction of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $105.00, for a total transaction of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $363,676.00.

CoreWeave Stock Down 6.1%

Shares of NASDAQ:CRWV opened at $107.75 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 52-week low of $57.32 and a 52-week high of $187.00. The company has a 50 day moving average of $95.41 and a two-hundred day moving average of $92.08. The company has a market capitalization of $48.23 billion, a price-to-earnings ratio of -34.65 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $1.57 billion during the quarter. CoreWeave’s quarterly revenue was up 110.4% on a year-over-year basis. As a group, analysts forecast that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday. Evercore reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of CoreWeave in a report on Wednesday, April 15th. Jefferies Financial Group lifted their price objective on shares of CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Twenty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently modified their holdings of CRWV. Sivia Capital Partners LLC bought a new stake in shares of CoreWeave during the second quarter valued at about $39,824,000. Quantbot Technologies LP bought a new stake in shares of CoreWeave during the second quarter valued at about $311,000. Invesco Ltd. bought a new stake in shares of CoreWeave during the second quarter valued at about $882,000. First Trust Advisors LP bought a new stake in shares of CoreWeave during the second quarter valued at about $20,260,000. Finally, Baird Financial Group Inc. acquired a new position in CoreWeave during the second quarter worth about $455,000.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave reported a strong first quarter with $2.1 billion in revenue and a $99.4 billion backlog, reinforcing the company’s position as a major beneficiary of AI infrastructure demand. Article Title
• Positive Sentiment: Bank of America and Cantor Fitzgerald both raised their price targets on CoreWeave, with Cantor lifting its target to $167 and keeping an overweight rating, signaling continued optimism from Wall Street. Article Title
• Positive Sentiment: CoreWeave said it ranked No. 1 for inference speed and price-performance in a benchmark for Moonshot AI’s Kimi K2.6 model, which supports its competitiveness in AI cloud infrastructure. Article Title
• Neutral Sentiment: The CEO has been discussing CoreWeave’s long-term revenue potential, including a bullish outlook for 2027, but this is more of a narrative driver than an immediate financial catalyst. Article Title
• Negative Sentiment: COO Sachin Jain sold 14,750 shares, a transaction worth about $1.75 million, which can weigh on sentiment even though the company said the sale was for tax-withholding tied to equity vesting. Article Title
• Negative Sentiment: Some recent coverage has emphasized that the AI growth story may be slowing and that CoreWeave still faces rising losses and heavy debt, which helps explain why shares have been under pressure despite upbeat analyst commentary. Article Title

CoreWeave Company Profile

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.