CoreWeave (NASDAQ:CRWV) Insider Kristen Mcveety Sells 156,000 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Kristen Mcveety sold 156,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $81.63, for a total transaction of $12,734,280.00. Following the completion of the sale, the insider directly owned 123,313 shares of the company’s stock, valued at $10,066,040.19. The trade was a 55.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Up 4.5%

CRWV opened at $84.56 on Friday. The firm’s fifty day moving average is $85.47 and its two-hundred day moving average is $94.43. The firm has a market cap of $38.80 billion, a PE ratio of -23.17 and a beta of 7.45. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results 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 net margin of 25.41% and a negative return on equity of 47.95%. The company had revenue of $2.58 billion during the quarter. During the same period last year, the firm earned ($0.27) EPS. CoreWeave’s quarterly revenue was up 112.5% on a year-over-year basis. Equities research analysts anticipate that CoreWeave Inc. will post -5.19 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CRWV. UBS Group reiterated an “underperform” rating on shares of CoreWeave in a research report on Wednesday, August 12th. Roth Capital set a $145.00 price target on shares of CoreWeave in a research note on Thursday, August 13th. Robert W. Baird upped their price target on shares of CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Citigroup increased their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, Cantor Fitzgerald set a $176.00 price objective on shares of CoreWeave and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Twenty-one research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $141.90.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sivia Capital Partners LLC bought a new position in shares of CoreWeave during the 2nd quarter worth approximately $39,824,000. Quantbot Technologies LP bought a new stake in shares of CoreWeave in the second quarter worth $311,000. Invesco Ltd. acquired a new position in CoreWeave during the second quarter worth $882,000. First Trust Advisors LP acquired a new position in CoreWeave during the second quarter worth $20,260,000. Finally, Baird Financial Group Inc. acquired a new position in CoreWeave during the second quarter worth $455,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s second-quarter revenue more than doubled year over year, supporting optimism about demand for its AI cloud-computing services. Improving sentiment toward AI stocks also helped the shares rebound during August. Why CoreWeave Stock Gained 18% in August
• Positive Sentiment: Management has reduced CoreWeave’s weighted-average borrowing cost by nearly 300 basis points, which could help offset the company’s heavy financing burden over time. CoreWeave’s Interest Expense Hit $640 Million Last Quarter
• Neutral Sentiment: OpenAI CEO Sam Altman warned that spending and expansion plans among emerging “neocloud” companies may be unsustainable. The comments increase scrutiny of CoreWeave’s growth plans and the broader AI-compute investment cycle. Sam Altman Sees “Unsustainable Silliness” in AI Compute Spending
• Negative Sentiment: CEO Michael N. Intrator sold 307,692 shares for approximately $25.1 million, while insider Kristen J. McVeety sold 156,000 shares for about $12.7 million. All sales were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct signal of current management sentiment, but the sizable transactions may still weigh on investor confidence.
• Negative Sentiment: CoreWeave’s interest expense reached $640 million in the latest quarter—nearly four times operating income according to the analysis—highlighting risks from its highly leveraged expansion and potentially limiting future profitability. CoreWeave’s Interest Bill Is Nearly 4x Operating Income
• Negative Sentiment: Growing use of AI agents could make neocloud providers attractive cybersecurity targets, creating additional operational and reputational risks for CoreWeave. AI Agents Could Turn Neoclouds Into Cybersecurity Targets

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.