CoreWeave (NASDAQ:CRWV) Insider Sells $5,426,292.83 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brannin Mcbee sold 56,707 shares of CoreWeave stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $95.69, for a total transaction of $5,426,292.83. Following the completion of the transaction, the insider owned 323,263 shares in the company, valued at $30,933,036.47. This trade represents a 14.92% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brannin Mcbee also recently made the following trade(s):

• On Monday, June 29th, Brannin Mcbee sold 50,000 shares of CoreWeave stock. The shares were sold at an average price of $94.32, for a total transaction of $4,716,000.00.
• On Monday, June 29th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $94.32, for a total value of $13,582,080.00.
• On Monday, June 29th, Brannin Mcbee sold 55,500 shares of CoreWeave stock. The shares were sold at an average price of $94.32, for a total value of $5,234,760.00.
• On Monday, June 29th, Brannin Mcbee sold 500 shares of CoreWeave stock. The stock was sold at an average price of $94.32, for a total value of $47,160.00.
• On Monday, June 22nd, Brannin Mcbee sold 25,000 shares of CoreWeave stock. The stock was sold at an average price of $111.28, for a total value of $2,782,000.00.
• On Monday, June 22nd, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $111.28, for a total value of $16,024,320.00.
• On Monday, June 22nd, Brannin Mcbee sold 28,000 shares of CoreWeave stock. The stock was sold at an average price of $111.28, for a total value of $3,115,840.00.
• On Monday, June 22nd, Brannin Mcbee sold 52,500 shares of CoreWeave stock. The shares were sold at an average price of $111.28, for a total value of $5,842,200.00.
• On Monday, June 22nd, Brannin Mcbee sold 500 shares of CoreWeave stock. The stock was sold at an average price of $111.27, for a total transaction of $55,635.00.
• On Monday, June 15th, Brannin Mcbee sold 53,500 shares of CoreWeave stock. The shares were sold at an average price of $107.30, for a total transaction of $5,740,550.00.

CoreWeave Stock Performance

NASDAQ CRWV opened at $81.75 on Friday. The company’s fifty day moving average is $107.48 and its two-hundred day moving average is $94.71. CoreWeave Inc. has a 52-week low of $63.80 and a 52-week high of $166.22. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The firm has a market capitalization of $36.59 billion, a price-to-earnings ratio of -26.29 and a beta of 7.17.

CoreWeave (NASDAQ:CRWV) last released 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). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion during the quarter. During the same period in the previous year, the firm posted ($0.60) EPS. The business’s revenue for the quarter was up 111.6% compared to the same quarter last year. Equities research analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current year.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating on CoreWeave, suggesting some analysts still see upside despite the selloff. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Positive Sentiment: Some investors and commentators argue the Meta-driven pullback may be overdone because CoreWeave still has a very large AI backlog and strong demand for compute capacity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent designed to speed model iteration and automate analysis; this is a constructive product update, but not an immediate stock-moving event. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: CoreWeave expanded its Livingston headquarters, signaling continued growth, though it has not offset the broader investor concerns. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Negative Sentiment: Meta’s reported move into cloud infrastructure intensified fears that large hyperscalers could become direct competitors, threatening CoreWeave’s future pricing and customer growth. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Multiple insider sales, including CEO Michael Intrator and insider Brannin McBee, added to sentiment pressure and raised questions about valuation after the recent run-up, even though the trades were largely tied to tax withholding under 10b5-1 plans. CoreWeave Just Slipped Under $50 Billion. Is the Debt Finally Catching Up?

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Bank of America raised CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Tuesday, March 24th. Barclays upped their target price on CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Roth Mkm reaffirmed a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research report on Friday, May 8th. Truist Financial lifted their price target on shares of CoreWeave from $85.00 to $131.00 and gave the stock a “hold” rating in a research note on Friday, May 8th. Finally, Sanford C. Bernstein reiterated an “underperform” rating on shares of CoreWeave in a research note on Thursday, June 11th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRWV. 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 valued at $181,000 after purchasing an additional 91 shares during the period. Pathway Wealth Management LLC raised its holdings 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 raised its holdings 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. lifted its position in shares of CoreWeave by 34.7% during 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 during the period. Finally, Cullen Frost Bankers Inc. lifted its position in shares of CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the period.

About CoreWeave

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.