CoreWeave (NASDAQ:CRWV) Insider Sells $37,965,000.00 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 375,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $101.24, for a total value of $37,965,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Up 1.5%

CRWV traded up $1.47 during trading hours on Wednesday, hitting $101.28. The stock had a trading volume of 21,462,760 shares, compared to its average volume of 29,886,480. The company’s fifty day simple moving average is $99.10 and its 200 day simple moving average is $90.96. CoreWeave Inc. has a 1 year low of $63.80 and a 1 year high of $187.00. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm had revenue of $1.57 billion during the quarter. The firm’s revenue for the quarter was up 110.4% on a year-over-year basis. Analysts predict that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $135.00 price objective on shares of CoreWeave in a report on Friday, May 8th. HC Wainwright reissued a “buy” rating and issued a $180.00 price objective on shares of CoreWeave in a report on Monday, March 2nd. JPMorgan Chase & Co. lifted their price objective on CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Macquarie Infrastructure reissued a “neutral” rating and issued a $115.00 price objective on shares of CoreWeave in a report on Tuesday, January 27th. Finally, Roth Mkm reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CoreWeave presently has a consensus 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 is continuing to expand its enterprise business, with financial services cited as an early growth area, which could help diversify revenue beyond its core AI infrastructure customer base. CoreWeave building up enterprise business, led by financial services
• Positive Sentiment: A new HPC infrastructure-backed loan facility could support CoreWeave’s ability to keep funding data center and compute expansion, signaling access to additional capital for growth. CoreWeave Launches Pioneering HPC Infrastructure-Backed Loan Facility
• Neutral Sentiment: Investors are also weighing analyst commentary and conference remarks suggesting CoreWeave may still be undervalued, but these views are being offset by concerns over valuation and leverage. Why CoreWeave Still Looks Undervalued
• Negative Sentiment: The Blackstone-Google AI venture is seen as a direct competitive threat to CoreWeave, intensifying fears that larger, better-capitalized players could squeeze margins and weaken CoreWeave’s long-term pricing power. AI Consolidation Begins: Blackstone & Google Forge an AI Empire (CRWV)
• Negative Sentiment: DA Davidson’s downgrade and related coverage from other outlets reinforce concerns about CoreWeave’s stretched valuation, heavy debt load, and widening losses. DA Davidson downgrades CoreWeave (CRWV)

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. KERR FINANCIAL PLANNING Corp bought a new stake in shares of CoreWeave during the 3rd quarter valued at about $27,000. Aspect Partners LLC purchased a new position in shares of CoreWeave during the 3rd quarter valued at about $28,000. Rothschild Investment LLC raised its holdings in shares of CoreWeave by 10,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock valued at $30,000 after buying an additional 214 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of CoreWeave during the 3rd quarter valued at about $30,000. Finally, UMB Bank n.a. purchased a new position in shares of CoreWeave during the 3rd quarter valued at about $34,000.

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.