Brannin Mcbee Sells 100,000 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brannin Mcbee sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $81.25, for a total transaction of $8,125,000.00. Following the completion of the sale, the insider directly owned 313,732 shares in the company, valued at $25,490,725. This represents a 24.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brannin Mcbee also recently made the following trade(s):

• On Monday, April 6th, Brannin Mcbee sold 66,665 shares of CoreWeave stock. The shares were sold at an average price of $81.25, for a total transaction of $5,416,531.25.
• On Tuesday, March 31st, Brannin Mcbee sold 56,031 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total transaction of $4,149,095.55.
• On Monday, March 30th, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The shares were sold at an average price of $69.22, for a total transaction of $3,028,375.00.
• On Monday, March 30th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The shares were sold at an average price of $69.22, for a total transaction of $6,922,000.00.
• On Monday, March 23rd, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The shares were sold at an average price of $82.53, for a total transaction of $3,610,687.50.
• On Monday, March 23rd, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The shares were sold at an average price of $82.53, for a total transaction of $8,253,000.00.
• On Monday, March 23rd, Brannin Mcbee sold 22,915 shares of CoreWeave stock. The shares were sold at an average price of $82.53, for a total transaction of $1,891,174.95.
• On Monday, March 16th, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The shares were sold at an average price of $84.44, for a total transaction of $3,694,250.00.
• On Monday, March 16th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The shares were sold at an average price of $84.44, for a total transaction of $8,444,000.00.
• On Monday, March 16th, Brannin Mcbee sold 22,915 shares of CoreWeave stock. The shares were sold at an average price of $84.44, for a total transaction of $1,934,942.60.

CoreWeave Price Performance

CRWV traded up $3.66 on Wednesday, reaching $88.90. The company had a trading volume of 19,433,542 shares, compared to its average volume of 22,327,866. The business has a 50 day simple moving average of $85.37 and a 200 day simple moving average of $95.15. The company has a market cap of $37.25 billion and a price-to-earnings ratio of -27.78. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. CoreWeave Inc. has a 52-week low of $33.51 and a 52-week high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company’s quarterly revenue was up 110.4% compared to the same quarter last year.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Brokerage consensus is constructive — CRWV received an average rating of “Moderate Buy” from brokerages, which supports demand for the stock and can help underpin the rally. CoreWeave Inc. (NASDAQ:CRWV) Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Wall Street coverage and price?target commentary — recent articles note a new 12?month price?target update and broader analyst discussion about whether CoreWeave is fairly valued amid the AI hardware cycle; this keeps the name in focus and can drive momentum even without fresh company?specific catalysts. This Nvidia-backed stock just got a Wall Street price target update for next 12 months
• Neutral Sentiment: Valuation debate persists — analysis pieces question whether CRWV is fully priced after a strong one?year run; such pieces can both attract new buyers and give some investors pause, increasing intraday volume and volatility. Is It Too Early To Call CoreWeave (CRWV) Fully Priced After Its 62% One-Year Surge?
• Neutral Sentiment: Media attention on longer?term drawdown — coverage highlighting that CRWV is down from its highs this year keeps the stock on traders’ radar as a high?beta AI infrastructure play; this is informational and can spur trading interest. This Nvidia-backed stock is down 42% this year: should you buy?
• Negative Sentiment: Large insider sale — Brian M. Venturo sold 1,125,000 shares at about $80.86 (roughly $90.97M) under a Rule 10b5?1 plan, cutting his reported stake by ~80%. Sizeable insider dispositions can be viewed negatively by investors, even if pre?planned. Brian M. Venturo Form 4 (SEC)
• Negative Sentiment: Additional insider sales — Brannin McBee executed two Rule 10b5?1 sales (100,000 and 66,665 shares) at ~$81.25, totaling about $13.5M and reducing his holdings. Multiple insider sales in close succession amplify negative optics. Brannin McBee Insider Trade
• Negative Sentiment: Market reaction to insider selling — a report noted shares moved down after the disclosures, signaling short?term sensitivity to insider activity; watch flow and news?driven volatility. CoreWeave (NASDAQ:CRWV) Shares Down 1.6% Following Insider Selling
• Negative Sentiment: IPO pricing context (historic) — early reporting noted the IPO listing price was set below an earlier midpoint; while historical, this background can be cited by skeptics evaluating initial float dynamics and insider lockups. CoreWeave sets IPO listing price at $40, less than its earlier midpoint estimate of $51: report

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CRWV. Vanguard Group Inc. grew its holdings in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in shares of CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP bought a new position in shares of CoreWeave in the fourth quarter worth approximately $230,099,000. Finally, Alyeska Investment Group L.P. grew its holdings in shares of CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after purchasing an additional 3,000,000 shares during the last quarter.

Analysts Set New Price Targets

CRWV has been the topic of several research reports. Sanford C. Bernstein initiated coverage on shares of CoreWeave in a research note on Thursday, March 5th. They set an “underperform” rating and a $56.00 price target on the stock. UBS Group reissued a “neutral” rating on shares of CoreWeave in a research note on Friday, January 16th. Citizens Jmp reissued a “market outperform” rating and set a $180.00 price target on shares of CoreWeave in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a “hold” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. Finally, Mizuho decreased their price target on shares of CoreWeave from $100.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.06.

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.