CoreWeave (NASDAQ:CRWV) Stock: Insider Sachin Jain Sells 13,611 Shares

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 13,611 shares of the stock in a transaction on Monday, November 9th. The stock was sold at an average price of $46.23, for a total transaction of $629,236.53. Following the sale, the chief operating officer directly owned 177,224 shares of the company’s stock, valued at $8,193,065.52. This represents a 7.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sachin Jain also recently made the following trade(s):

• On Wednesday, September 30th, Sachin Jain sold 4 shares of CoreWeave stock. The shares were sold at an average price of $87.69, for a total transaction of $350.76.
• On Thursday, August 20th, Sachin Jain sold 6,339 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $582,427.32.
• On Wednesday, August 12th, Sachin Jain sold 1 shares of CoreWeave stock. The stock was sold at an average price of $110.00, for a total value of $110.00.

CoreWeave Price Performance

CRWV stock opened at $60.77 on Thursday. The stock has a 50-day moving average price of $73.71 and a two-hundred day moving average price of $89.28. CoreWeave Inc. has a 1 year low of $40.58 and a 1 year high of $138.25. The stock has a market cap of $27.89 billion, a PE ratio of -12.93 and a beta of 7.71. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 59.42% and a negative net margin of 25.56%. The business had revenue of $2.58 billion during the quarter. During the same quarter in the previous year, the business posted ($0.27) earnings per share. The firm’s quarterly revenue was up 112.5% compared to the same quarter last year. Equities analysts forecast that CoreWeave Inc. will post -4.99 EPS for the current fiscal year.

Key Stories Impacting CoreWeave

These are some of the CRWV stories that stood out recently:

• Positive Sentiment: Strong Q3 growth and raised guidance: Revenue rose 168% year over year to $3.66 billion, beating estimates, and the quarterly loss was narrower than expected. CoreWeave raised its 2026 revenue outlook to $13.0–$13.3 billion. CNBC outlook report
• Positive Sentiment: Funding measures could ease near-term pressure: CoreWeave expects roughly $9 billion in customer prepayments and deposits over the next three months and is preparing a potential $4 billion investment-grade loan facility, which could lower funding costs. Loan report
• Negative Sentiment: Debt, interest costs and cash needs remain key risks: The buildout is capital-intensive, and investors remain concerned about leverage, borrowing costs and whether customer prepayments and contract-backed financing will be sufficient to fund expansion. Funding strategy report

Analyst Ratings Changes

CRWV has been the subject of several research reports. UBS Group decreased their price target on shares of CoreWeave from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. The Goldman Sachs Group upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $106.00 price objective for the company in a report on Monday, October 19th. BNP Paribas Exane reiterated an “outperform” rating and set a $117.00 target price on shares of CoreWeave in a report on Monday, October 19th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CoreWeave in a research report on Thursday, October 15th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $75.00 price objective on shares of CoreWeave in a report on Monday, October 26th. Twenty-six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $118.66.

Hedge Funds Weigh In On CoreWeave

Institutional investors have recently bought and sold shares of the business. Essential Partners LLC bought a new stake in CoreWeave in the second quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of CoreWeave by 241.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock valued at $27,000 after buying an additional 217 shares during the last quarter. Burnham & Co LLC acquired a new stake in shares of CoreWeave in the second quarter valued at approximately $32,000. Cassaday & Co Wealth Management LLC bought a new position in shares of CoreWeave during the 1st quarter worth approximately $31,000. Finally, Allied Private Wealth LLC bought a new position in shares of CoreWeave during the 2nd quarter worth approximately $40,000.

About CoreWeave

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.