CoreWeave (NASDAQ:CRWV) Hits New 12-Month Low on Insider Selling

Shares of CoreWeave Inc. (NASDAQ:CRWV) reached a new 52-week low during mid-day trading on Thursday after an insider sold shares in the company. The stock traded as low as $60.46 and last traded at $60.5560, with a volume of 19,590,011 shares trading hands. The stock had previously closed at $65.78.

Specifically, CRO Jonathan Jones sold 21,569 shares of CoreWeave stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $77.42, for a total transaction of $1,669,871.98. Following the completion of the transaction, the executive owned 5,392 shares in the company, valued at approximately $417,448.64. This trade represents a 80.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Jones sold 15,811 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $80.36, for a total value of $1,270,571.96. Following the transaction, the executive directly owned 26,961 shares in the company, valued at $2,166,585.96. The trade was a 36.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In related news, CFO Nitin Agrawal sold 22,579 shares of the company’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $80.13, for a total value of $1,809,255.27. Following the transaction, the chief financial officer owned 110,017 shares in the company, valued at approximately $8,815,662.21. This represents a 17.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CRWV shares. Sanford C. Bernstein lifted their target price on CoreWeave from $67.00 to $74.00 and gave the stock an “underperform” rating in a report on Wednesday, August 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, September 21st. Robert W. Baird boosted their price objective on shares of CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. upgraded CoreWeave from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $120.00 to $125.00 in a research note on Thursday, September 24th. Finally, Citigroup raised their target price on CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 14th. Twenty-three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $139.82.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Deutsche Bank maintained its “buy” rating, arguing that the recent selloff is excessive and that demand for AI computing remains strong. The firm’s approximately $104 billion backlog and expected hyperscaler spending provide potential long-term support if CoreWeave can convert contracted demand into operating capacity. Deutsche Bank sticks with buy on CoreWeave as debt fears hammer the stock
• Positive Sentiment: ARK Invest purchased 188,665 CoreWeave shares during the selloff, signaling that some investors view the decline as an opportunity. CoreWeave’s CEO also highlighted the company’s substantial backlog and defended its financial outlook in a message to employees. Cathie Wood’s ARK Invest Purchases CoreWeave Shares
• Neutral Sentiment: CoreWeave’s strong revenue growth and exposure to customers such as OpenAI support the AI-demand narrative, but the company remains unprofitable. Its latest quarterly revenue rose 112.5% year over year, while analysts forecast a full-year loss of $5.19 per share.
• Negative Sentiment: Yields on CoreWeave’s unsecured bonds approached 15%, sharply increasing concern about refinancing costs, liquidity and the company’s ability to fund data-center construction. Rising yields are especially damaging given its 0.46 current ratio and heavy debt load. CoreWeave shares tumble as bond yields near 15%
• Negative Sentiment: Gartner warned that up to 80% of neocloud providers could cease operating independently by 2030. The forecast intensified fears about competition, customer concentration and whether specialized AI cloud companies can earn adequate returns on massive infrastructure investments. CoreWeave Plummets on Gartner Neocloud Warning and Bond Yield Surge
• Negative Sentiment: Bearish analyst commentary—including a warning that the equity could be wiped out if AI spending falters—along with increased demand for downside “bubble puts,” has amplified panic. Recent pre-arranged, tax-related stock sales by CoreWeave’s CFO and CRO added an unfavorable sentiment signal, although they were not discretionary open-market sales.

CoreWeave Trading Down 7.9%

The company has a market cap of $27.81 billion, a price-to-earnings ratio of -16.54 and a beta of 7.36. The business’s fifty day moving average price is $87.91 and its 200 day moving average price is $94.69. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company posted ($0.27) EPS. The company’s quarterly revenue was up 112.5% on a year-over-year basis. Research analysts anticipate that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Essential Partners LLC bought a new stake in shares of CoreWeave during the 2nd quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB increased its holdings in CoreWeave by 241.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares in the last quarter. Burnham & Co LLC bought a new stake in CoreWeave in the second quarter worth approximately $32,000. Cassaday & Co Wealth Management LLC bought a new stake in CoreWeave in the first quarter worth approximately $31,000. Finally, Allied Private Wealth LLC bought a new stake in CoreWeave in the second quarter worth approximately $40,000.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.