CoreWeave (NASDAQ:CRWV) EVP Chen Goldberg Sells 22,424 Shares

CoreWeave Inc. (NASDAQ:CRWV) EVP Chen Goldberg sold 22,424 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $95.91, for a total transaction of $2,150,685.84. Following the completion of the sale, the executive vice president directly owned 50,550 shares in the company, valued at $4,848,250.50. This represents a 30.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chen Goldberg also recently made the following trade(s):

• On Thursday, August 20th, Chen Goldberg sold 8,628 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $792,740.64.
• On Monday, August 17th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The stock was sold at an average price of $106.11, for a total transaction of $678,785.67.
• On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32.
• On Tuesday, August 4th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $90.00, for a total transaction of $575,730.00.
• On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The stock was sold at an average price of $95.69, for a total transaction of $382.76.
• On Monday, June 15th, Chen Goldberg sold 5,541 shares of CoreWeave stock. The stock was sold at an average price of $107.29, for a total value of $594,493.89.

CoreWeave Stock Down 6.1%

Shares of CoreWeave stock opened at $89.12 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm has a market cap of $40.89 billion, a P/E ratio of -24.42 and a beta of 7.45. CoreWeave Inc. has a fifty-two week low of $60.55 and a fifty-two week high of $153.20. The business has a 50-day moving average price of $85.54 and a 200 day moving average price of $94.39.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) 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 firm had revenue of $2.58 billion for the quarter. During the same quarter in the previous year, the company earned ($0.27) EPS. The company’s quarterly revenue was up 112.5% compared to the same quarter last year. On average, sell-side analysts forecast that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc raised its holdings in shares of CoreWeave by 8,455.6% during the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after acquiring an additional 604,156 shares during the period. Public Employees Retirement System of Ohio acquired a new position in CoreWeave in the 2nd quarter worth approximately $15,543,000. California State Teachers Retirement System boosted its stake in CoreWeave by 25.5% in the 1st quarter. California State Teachers Retirement System now owns 320,011 shares of the company’s stock worth $24,791,000 after purchasing an additional 64,960 shares during the period. Bank of New York Mellon Corp grew its position in CoreWeave by 12.6% during the 1st quarter. Bank of New York Mellon Corp now owns 353,702 shares of the company’s stock worth $27,401,000 after purchasing an additional 39,599 shares in the last quarter. Finally, Ardmore Road Asset Management LP grew its position in CoreWeave by 3,410.0% during the 1st quarter. Ardmore Road Asset Management LP now owns 351,000 shares of the company’s stock worth $27,192,000 after purchasing an additional 341,000 shares in the last quarter.

Analyst Upgrades and Downgrades

CRWV has been the topic of several research analyst reports. Robert W. Baird raised their price objective on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group boosted their target price on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Truist Financial increased their target price on shares of CoreWeave from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Jefferies Financial Group downgraded shares of CoreWeave from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, UBS Group reaffirmed an “underperform” rating on shares of CoreWeave in a report on Wednesday, August 12th. Twenty-one research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and an average price target of $141.90.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.