CoreWeave (NASDAQ:CRWV) CFO Nitin Agrawal Sells 5,509 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 5,509 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total transaction of $488,317.76. Following the sale, the chief financial officer owned 132,596 shares in the company, valued at $11,753,309.44. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nitin Agrawal also recently made the following trade(s):

• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $924,496.56.
• On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The stock was sold at an average price of $82.98, for a total value of $248.94.
• On Tuesday, June 30th, Nitin Agrawal sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total value of $382.76.
• On Tuesday, June 16th, Nitin Agrawal sold 58,429 shares of CoreWeave stock. The shares were sold at an average price of $116.70, for a total value of $6,818,664.30.
• On Thursday, June 11th, Nitin Agrawal sold 63,891 shares of CoreWeave stock. The stock was sold at an average price of $93.35, for a total value of $5,964,224.85.

CoreWeave Stock Down 1.4%

Shares of NASDAQ:CRWV traded down $1.21 during trading on Thursday, hitting $86.80. 19,714,715 shares of the company’s stock were exchanged, compared to its average volume of 31,410,956. 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 Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The business’s 50-day simple moving average is $87.84 and its 200 day simple moving average is $94.87.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company had revenue of $2.58 billion for the quarter. During the same period in the prior year, the firm posted ($0.27) earnings per share. The firm’s revenue for the quarter was up 112.5% on a year-over-year basis. As a group, research analysts anticipate that CoreWeave Inc. will post -5.19 EPS for the current year.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced or expanded relationships with Hudson River Trading and Rescale, reinforcing demand for its AI cloud-computing services and potentially improving infrastructure utilization. CoreWeave Stock Trending as Company Lands Deals With Hudson River Trading, Rescale
• Positive Sentiment: Truist argued that NVIDIA’s reported roughly 17% GPU price increase may not hurt CoreWeave’s margins as much as expected. Strong customer demand, pricing power, and contract structures could allow CoreWeave to pass higher equipment costs through to customers; Truist reportedly sees substantial upside potential. Nvidia’s GPU Price Hikes Look Bad for CoreWeave. Truist Says the Opposite May Be True
• Positive Sentiment: NVIDIA’s strong quarterly results and reported minimum-revenue guarantees for some neocloud providers offered further evidence of robust AI infrastructure demand and could help CoreWeave secure financing or customer commitments. CRWV, NBIS, IREN Stocks Jump Overnight on Nvidia’s Blowout Q2
• Neutral Sentiment: Analyst commentary remains mixed: AI demand is outstripping available capacity, but comparisons with other data-center operators highlight CoreWeave’s substantial capital requirements, debt burden, and execution risks. CoreWeave: AI Demand Outstrips Supply, Yet The Stock Isn’t A Buy
• Negative Sentiment: Director Brannin McBee sold approximately $21.4 million of CoreWeave shares at $85.51 under pre-arranged Rule 10b5-1 plans. Although scheduled sales do not necessarily signal deteriorating fundamentals, the transactions reduced his holdings and added to investor concerns about insider confidence. CoreWeave Insider Sale SEC Filing
• Negative Sentiment: Investors remain concerned that rising GPU costs could compress profitability and that competition may eventually trigger a neocloud price decline. CoreWeave’s high debt-to-equity ratio and negative earnings amplify those risks. Truist Sees Investment Doubling Potential in CoreWeave

Institutional Investors Weigh In On CoreWeave

Several large investors have recently bought and sold shares of the business. Pin Oak Investment Advisors Inc. purchased a new stake in CoreWeave during the third quarter valued at $34,000. Essential Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter worth about $30,000. Burnham & Co LLC bought a new stake in shares of CoreWeave in the 2nd quarter worth about $32,000. Cornerstone Planning Group LLC raised its position in shares of CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after buying an additional 251 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CRWV. Mizuho raised their target price on shares of CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Robert W. Baird boosted their price target on shares of CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a report on Thursday, August 13th. BNP Paribas Exane started coverage on CoreWeave in a research report on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 price objective for the company. Finally, Citigroup lifted their target price on CoreWeave from $142.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $141.90.

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.