CoreWeave (NASDAQ:CRWV) CFO Nitin Agrawal Sells 55,764 Shares of Company Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 55,764 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $86.83, for a total transaction of $4,841,988.12. Following the completion of the transaction, the chief financial officer owned 132,596 shares in the company, valued at $11,513,310.68. This trade represents a 29.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nitin Agrawal also recently made the following trade(s):

• On Monday, September 14th, Nitin Agrawal sold 66,576 shares of CoreWeave stock. The shares were sold at an average price of $83.70, for a total transaction of $5,572,411.20.
• On Tuesday, August 25th, Nitin Agrawal sold 5,509 shares of CoreWeave stock. The shares were sold at an average price of $88.64, for a total transaction of $488,317.76.
• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $924,496.56.
• On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The stock was sold at an average price of $82.98, for a total value of $248.94.
• On Tuesday, June 30th, Nitin Agrawal sold 4 shares of CoreWeave stock. The stock was sold at an average price of $95.69, for a total value of $382.76.

CoreWeave Price Performance

NASDAQ CRWV opened at $90.13 on Friday. The business’s fifty day moving average is $85.80 and its 200 day moving average is $94.40. 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 quick ratio of 0.46 and a current ratio of 0.46. The company has a market capitalization of $41.36 billion, a PE ratio of -24.69 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV) last issued 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 return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion during the quarter. During the same quarter in the previous year, the company earned ($0.27) EPS. The business’s quarterly revenue was up 112.5% compared to the same quarter last year. Sell-side analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CRWV. The Goldman Sachs Group increased their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Thursday, August 13th. Wells Fargo & Company raised their price objective on CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of CoreWeave in a report on Friday, September 18th. Finally, Mizuho boosted their target price on CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Twenty-two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $138.78.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds have recently bought and sold shares of CRWV. Alyeska Investment Group L.P. grew its stake in shares of CoreWeave by 55.7% in the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after buying an additional 3,897,741 shares in the last quarter. State Street Corp raised its position in shares of CoreWeave by 139.7% during the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after buying an additional 4,113,873 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of CoreWeave by 13.1% in the 1st 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 last quarter. Clear Street Group Inc. lifted its holdings in shares of CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after acquiring an additional 3,796,077 shares during the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: JPMorgan upgraded CoreWeave to Overweight from Neutral and raised its price target to $125 from $120. The bank cited premium short-term compute pricing and favorable contracts, suggesting CoreWeave may have stronger pricing power as demand for AI capacity outpaces supply. JPMorgan upgrades CoreWeave to Overweight on premium short-term compute pricing
• Positive Sentiment: UBS initiated coverage with a Buy rating and a $120 price target, also pointing to resilient AI-compute demand and a valuation it considers undemanding relative to CoreWeave’s growth prospects. The additional bullish coverage is supporting sentiment toward the stock. CoreWeave gets Buy rating from UBS as AI compute demand strengthens
• Positive Sentiment: CoreWeave announced a multi-year agreement with Harell Data to provide infrastructure for AI model training, fine-tuning and inference. The deal expands its customer base and could create another avenue for growth amid intense competition in cloud services. Harell Data Selects CoreWeave to Power Its Secure Platform for AI Model Training
• Positive Sentiment: CoreWeave earned SemiAnalysis’ Platinum ClusterMAX rating for the third consecutive evaluation—the only provider to receive the distinction each time. The recognition reinforces its positioning on AI-cloud performance, reliability and scalability. CoreWeave earns SemiAnalysis Platinum ClusterMAX rating
• Neutral Sentiment: Despite the positive catalysts, trading has been mixed across AI infrastructure stocks, indicating that investors remain selective and focused on funding needs, valuation and execution.
• Negative Sentiment: CoreWeave completed an upsized convertible-notes offering totaling approximately $3.7 billion in principal, with reports describing a $4.2 billion transaction value. The financing provides capital for data-center expansion but increases debt obligations, interest costs and potential future share dilution as capital spending accelerates. CoreWeave closes $4.2 billion convertible notes deal

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.