CoreWeave (NASDAQ:CRWV) Trading Down 1.9% Following Insider Selling

CoreWeave Inc. (NASDAQ:CRWV) was down 1.9% on Friday after an insider sold shares in the company. The stock traded as low as $104.88 and last traded at $105.49. Approximately 19,429,543 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 28,108,340 shares. The stock had previously closed at $107.58.

Specifically, CEO Michael N. Intrator sold 107,693 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $98.33, for a total transaction of $10,589,452.69. Following the completion of the sale, the chief executive officer owned 4,437,056 shares in the company, valued at approximately $436,295,716.48. The trade was a 2.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 200,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $98.33, for a total transaction of $19,666,000.00. Following the sale, the chief executive officer owned 4,266,501 shares of the company’s stock, valued at $419,525,043.33. This trade represents a 4.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other CoreWeave news, insider Brian M. Venturo sold 375,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $101.24, for a total transaction of $37,965,000.00. The sale was disclosed in a document filed 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 analysts have commented on CRWV shares. Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research note on Tuesday, March 24th. Barclays lifted their price objective on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Roth Mkm reaffirmed a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Sanford C. Bernstein lifted their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a report on Tuesday, April 14th. Finally, 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. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.63.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave and Pulumi launched new infrastructure-as-code integrations that connect CoreWeave’s GPU cloud directly to AI developer workflows, which could make the platform more attractive to enterprise AI teams and improve customer adoption. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Analyst and market commentary continues to point to CoreWeave as a major beneficiary of AI infrastructure spending, with some writers arguing the company still has meaningful upside if demand stays strong. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Positive Sentiment: CoreWeave is being highlighted as a top AI compute name alongside other infrastructure plays, with commentary emphasizing its large backlog, rapid revenue growth, and expanding customer base, including Meta. SpaceX IPO Filing Is Moving Rocket Lab, CoreWeave, and Other Stocks
• Neutral Sentiment: GF Securities initiated coverage with a Buy rating, adding to the debate over CoreWeave’s valuation and growth profile, but the broader analyst landscape remains split. CoreWeave in focus as GF Securities starts with Buy rating
• Neutral Sentiment: D.A. Davidson turned neutral on CoreWeave, reflecting uncertainty about the company’s path forward as investors weigh growth against execution and financial risk. D.A. Davidson Goes Neutal On CoreWeave
• Negative Sentiment: CEO Michael Intrator and insider Brian Venturo both sold large blocks of CoreWeave shares under pre-arranged trading plans, which can still weigh on investor sentiment even if the sales were not unusual. CoreWeave CEO Insider Sale Filing
• Negative Sentiment: Recent commentary also stresses CoreWeave’s heavy debt load, weak profitability, and concerns that larger AI infrastructure rivals could pressure margins, keeping some investors on the sidelines. CoreWeave building up enterprise business, led by financial services

CoreWeave Stock Down 1.9%

The stock’s fifty day moving average is $99.75 and its two-hundred day moving average is $90.77. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The company has a market capitalization of $47.21 billion, a PE ratio of -33.92 and a beta of 7.84.

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

Hedge Funds Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently made changes to their positions in CRWV. Sivia Capital Partners LLC purchased a new position in shares of CoreWeave in the 2nd quarter worth about $39,824,000. Quantbot Technologies LP purchased a new position in shares of CoreWeave in the 2nd quarter worth about $311,000. Invesco Ltd. purchased a new position in shares of CoreWeave in the 2nd quarter worth about $882,000. First Trust Advisors LP purchased a new position in shares of CoreWeave in the 2nd quarter worth about $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in shares of CoreWeave in the 2nd quarter worth about $455,000.

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.