CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CFO Nitin Agrawal sold 5,508 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $102.17, for a total value of $562,752.36. Following the sale, the chief financial officer directly owned 193,771 shares of the company’s stock, valued at $19,797,583.07. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nitin Agrawal also recently made the following trade(s):
- On Wednesday, May 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total value of $1,004,388.84.
- On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total value of $1,288.00.
- On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total value of $1,184.80.
- On Tuesday, March 17th, Nitin Agrawal sold 38,456 shares of CoreWeave stock. The shares were sold at an average price of $83.23, for a total value of $3,200,692.88.
- On Wednesday, March 11th, Nitin Agrawal sold 63,157 shares of CoreWeave stock. The shares were sold at an average price of $79.68, for a total value of $5,032,349.76.
- On Tuesday, March 3rd, Nitin Agrawal sold 3,920 shares of CoreWeave stock. The shares were sold at an average price of $73.20, for a total value of $286,944.00.
CoreWeave Stock Up 2.5%
NASDAQ CRWV opened at $109.53 on Friday. The stock has a fifty day moving average of $102.63 and a 200-day moving average of $90.63. The stock has a market capitalization of $49.02 billion, a P/E ratio of -35.22 and a beta of 7.84. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $187.00. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31.
Institutional Trading of CoreWeave
A number of institutional investors have recently modified their holdings of the company. CTC Alternative Strategies Ltd. bought a new stake in shares of CoreWeave in the first quarter valued at about $852,000. Liontrust Investment Partners LLP lifted its holdings in shares of CoreWeave by 24.1% in the first quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock valued at $9,897,000 after purchasing an additional 24,843 shares in the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of CoreWeave by 79.0% in the first quarter. SOA Wealth Advisors LLC. now owns 886 shares of the company’s stock valued at $69,000 after purchasing an additional 391 shares in the last quarter. Pathway Wealth Management LLC lifted its holdings in shares of CoreWeave by 2.9% in the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after purchasing an additional 100 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in CoreWeave during the first quarter worth about $300,000.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Sanford C. Bernstein lifted their price objective on CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a research note on Tuesday, April 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. HC Wainwright reaffirmed a “buy” rating and set a $180.00 price objective on shares of CoreWeave in a research note on Monday, March 2nd. Jefferies Financial Group lifted their target price on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Mizuho lifted their target price on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.63.
Read Our Latest Stock Report on CRWV
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
- Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
- Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
- Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
- Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
- Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.
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.
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