CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $95.72, for a total value of $19,144,000.00. Following the completion of the transaction, the chief executive officer owned 1,676,815 shares in the company, valued at $160,504,731.80. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Trading Down 1.2%
Shares of CoreWeave stock traded down $1.11 during trading hours on Thursday, hitting $89.76. 17,606,142 shares of the company were exchanged, compared to its average volume of 33,458,346. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. The business has a 50-day moving average of $90.25 and a 200-day moving average of $94.79. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20.
CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same quarter last year, the business earned ($0.27) earnings per share. On average, equities research analysts expect that CoreWeave Inc. will post -5.37 earnings per share for the current fiscal year.
Key Headlines Impacting CoreWeave
- Positive Sentiment: CoreWeave announced a multiyear agreement with Hudson River Trading (HRT), a leading quantitative trading firm. HRT will use CoreWeave’s AI cloud infrastructure—including NVIDIA’s Vera Rubin NVL72 platform and Spectrum-X networking—for AI-driven trading research and model development. The deal was reportedly worth multiple billions of dollars, although financial terms were not disclosed, strengthening CoreWeave’s long-term revenue visibility. Hudson River Trading to Build Next-Gen Research Platform Powered by NVIDIA Vera Rubin NVL72 on CoreWeave Cloud
- Positive Sentiment: Recent operating results continue to support the growth narrative. Second-quarter revenue rose 112.5% year over year to approximately $2.58 billion, while backlog reached $104.2 billion. Analysts citing improving margins, operating leverage and strong AI infrastructure demand upgraded the stock or maintained bullish targets ranging from $110 to $159. CoreWeave: Strong Buy, But Debt And Dilution Risk Is Real
- Neutral Sentiment: CoreWeave’s movement also reflected weakness across high-growth “neocloud” stocks, elevated Treasury yields and broader technology-sector pressure. With a beta of 7.44, CRWV remains particularly sensitive to changes in market risk appetite and interest rates. Why Is CoreWeave Stock Falling on Wednesday?
- Negative Sentiment: Investors remain concerned about CoreWeave’s capital intensity and balance sheet. Its debt-to-equity ratio is 5.53, while interest costs and potential equity dilution could offset improving operating performance. The company also remains unprofitable, with analysts expecting negative full-year EPS. CoreWeave: Strong Buy, But Debt And Dilution Risk Is Real
- Negative Sentiment: Multiple executives, including EVP Chen Goldberg and insider Brannin Mcbee, sold shares worth more than $26 million in aggregate under pre-arranged Rule 10b5-1 plans. Although scheduled sales do not necessarily indicate deteriorating business conditions, the transactions added near-term supply and weighed on investor sentiment. CoreWeave EVP Sells Stock
Hedge Funds Weigh In On CoreWeave
Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after acquiring an additional 20,487,478 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in CoreWeave by 6,022.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock valued at $8,075,000 after purchasing an additional 110,926 shares during the last quarter. Legal & General Group Plc increased its stake in CoreWeave by 8,455.6% in the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after purchasing an additional 604,156 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in CoreWeave by 67.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after buying an additional 26,907 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd acquired a new stake in CoreWeave in the 4th quarter worth about $15,539,000.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on CRWV shares. Cantor Fitzgerald set a $176.00 price target on shares of CoreWeave and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Barclays lifted their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. TD Cowen raised CoreWeave to a “buy” rating in a report on Wednesday, July 22nd. Citigroup upped their price objective on CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Wolfe Research restated an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. Twenty-two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $141.10.
Get Our Latest Stock Report on CRWV
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.
Featured Articles
- Five stocks we like better than CoreWeave
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for CoreWeave Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreWeave and related companies with MarketBeat.com's FREE daily email newsletter.
