CoreWeave (NASDAQ:CRWV) Insider Sells $7,871,632.92 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 76,924 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $102.33, for a total transaction of $7,871,632.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Performance

CRWV opened at $109.53 on Monday. The stock has a market capitalization of $49.02 billion, a price-to-earnings ratio of -35.22 and a beta of 7.18. The company has a fifty day moving average of $102.63 and a 200 day moving average of $90.52. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two 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.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The company had revenue of $2.08 billion for the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business’s quarterly revenue was up 111.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.60) earnings per share. As a group, sell-side analysts forecast that CoreWeave Inc. will post -4.84 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CoreWeave

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC grew its stake in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after buying an additional 91 shares in the last quarter. Pathway Wealth Management LLC grew its stake in shares of CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV grew its stake in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after buying an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after buying an additional 119 shares in the last quarter. Finally, Chilton Capital Management LLC grew its stake in shares of CoreWeave by 50.2% in the 3rd quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after buying an additional 121 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Mizuho raised their target price on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Cantor Fitzgerald raised their target price on shares of CoreWeave from $156.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Truist Financial raised their target price on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Wells Fargo & Company raised their target price on shares of CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $180.00 target price on shares of CoreWeave in a research note on Monday, March 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, CoreWeave has an average rating of “Moderate Buy” and an average price target of $129.63.

CoreWeave News Summary

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.