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

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $100.08, for a total value of $20,016,000.00. Following the sale, the chief executive officer owned 1,087,129 shares of the company’s stock, valued at approximately $108,799,870.32. This trade represents a 15.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Performance

Shares of NASDAQ CRWV traded down $5.82 during midday trading on Thursday, hitting $89.12. The stock had a trading volume of 27,746,010 shares, compared to its average volume of 23,176,834. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a 50 day simple moving average of $85.54 and a 200-day simple moving average of $94.39. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.27) earnings per share. On average, equities research analysts predict that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

Institutional Investors Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC acquired a new position in shares of CoreWeave in the 2nd quarter valued at $39,824,000. Quantbot Technologies LP purchased a new stake in shares of CoreWeave in the 2nd quarter valued at approximately $311,000. Invesco Ltd. acquired a new position in shares of CoreWeave in the 2nd quarter worth approximately $882,000. First Trust Advisors LP purchased a new position in shares of CoreWeave during the second quarter worth $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave during the 2nd quarter valued at about $455,000.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CRWV shares. The Goldman Sachs Group upped their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Raymond James Financial cut CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Wells Fargo & Company increased their price target on CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Rosenblatt Securities reissued a “buy” rating and set a $250.00 price objective on shares of CoreWeave in a research note on Wednesday, August 12th. Finally, Weiss Ratings upgraded CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, CoreWeave presently has an average rating of “Moderate Buy” and an average price target of $141.90.

About CoreWeave

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.