CoreWeave (NASDAQ:CRWV) Stock Price Down 2.5% on Insider Selling

CoreWeave Inc. (NASDAQ:CRWV)’s stock price was down 2.5% on Tuesday following insider selling activity. The stock traded as low as $80.52 and last traded at $80.92. Approximately 15,525,447 shares were traded during mid-day trading, a decline of 45% from the average session volume of 28,087,549 shares. The stock had previously closed at $82.98.

Specifically, CFO Nitin Agrawal sold 66,576 shares of CoreWeave stock in a transaction on Monday, September 14th. The stock was sold at an average price of $83.70, for a total transaction of $5,572,411.20. Following the completion of the transaction, the chief financial officer owned 188,360 shares in the company, valued at approximately $15,765,732. The trade was a 26.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Chen Goldberg sold 22,424 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $95.91, for a total value of $2,150,685.84. Following the completion of the sale, the executive vice president directly owned 50,550 shares in the company, valued at approximately $4,848,250.50. This represents a 30.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other news, CEO Michael N. Intrator sold 107,692 shares of CoreWeave stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $100.08, for a total value of $10,777,815.36. Following the completion of the transaction, the chief executive officer owned 1,282,969 shares of the company’s stock, valued at $128,399,537.52. The trade was a 7.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRWV. BTIG Research began coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set a “buy” rating on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $153.00 target price (up from $151.00) on shares of CoreWeave in a report on Wednesday, August 12th. Mizuho upped their target price on shares of CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Raymond James Financial cut shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $150.00 price target on shares of CoreWeave in a research report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $142.31.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave became one of the first neocloud providers to bring a multi-rack NVIDIA Vera Rubin NVL72 cluster online. The system combines hundreds of next-generation GPUs for agentic AI workloads, while new storage capabilities could improve customer performance and support premium pricing. CoreWeave Brings Up Multi-Rack NVIDIA Vera Rubin NVL72 Cluster
• Positive Sentiment: New short-term contracts signed in the third quarter reportedly carry pricing equivalent to approximately $40 million in annualized revenue per megawatt. CoreWeave also added more than $25 billion in net new customer commitments, signaling robust demand for scarce AI compute capacity. CoreWeave Continues to Contract New Compute Capacity at Higher Prices
• Positive Sentiment: A 15-year anchor lease and expansion agreement at Blockfusion’s Niagara Falls campus should provide long-term access to power and cooling for additional AI infrastructure, potentially reducing grid-connection and energy-cost constraints. Blockfusion Signs 15-Year Anchor Lease With CoreWeave
• Neutral Sentiment: CoreWeave’s CFO sold shares to cover tax withholding on vested equity awards. Although the transaction reduced his direct ownership, the stated purpose makes it a less significant bearish signal. SEC Form 4 Filing
• Negative Sentiment: The main pressure came from CoreWeave’s plan to raise $3 billion through convertible senior notes due 2033, with an option for up to another $500 million. The financing underscores the capital intensity of its expansion and could create future dilution if the notes convert. CoreWeave Launches $3 Billion Convertible Debt Sale
• Negative Sentiment: CoreWeave also established an at-the-market program allowing it to sell up to 35 million Class A shares, increasing investor concerns about equity dilution. High leverage— including a debt-to-equity ratio above 5—further amplifies balance-sheet and refinancing risks. CoreWeave Announces At-the-Market Offering Program

CoreWeave Stock Down 4.2%

The company’s 50 day simple moving average is $85.43 and its 200-day simple moving average is $94.04. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm has a market cap of $36.64 billion, a P/E ratio of -21.95 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. The business’s revenue was up 112.5% compared to the same quarter last year. Research analysts forecast that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Large investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. lifted its holdings in shares of CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after buying an additional 3,897,741 shares during the period. Bank of America Corp DE lifted its holdings in CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after acquiring an additional 653,398 shares during the period. Clear Street Group Inc. boosted its position in CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after purchasing an additional 1,692,916 shares during the last quarter. Deutsche Bank AG boosted its position in CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the last quarter. Finally, Amundi grew its stake in shares of CoreWeave by 266.2% during the 1st quarter. Amundi now owns 3,284,121 shares of the company’s stock valued at $254,421,000 after purchasing an additional 2,387,337 shares during the period.

CoreWeave Company Profile

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.