CoreWeave (NASDAQ:CRWV) Insider Sells $42,122,821.60 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 310,480 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $135.67, for a total transaction of $42,122,821.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

CoreWeave Stock Performance

Shares of CRWV stock opened at $134.79 on Friday. The firm has a fifty day simple moving average of $111.91. CoreWeave Inc. has a 52-week low of $33.51 and a 52-week high of $187.00. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The company had revenue of $1.21 million for the quarter. CoreWeave’s quarterly revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Costello Asset Management INC grew its stake in shares of CoreWeave by 33.3% during the second quarter. Costello Asset Management INC now owns 400 shares of the company’s stock worth $65,000 after purchasing an additional 100 shares during the period. Chelsea Counsel Co. bought a new position in CoreWeave during the second quarter worth about $33,000. Archer Investment Corp acquired a new position in shares of CoreWeave during the 2nd quarter worth about $34,000. Chilton Capital Management LLC bought a new stake in shares of CoreWeave in the 2nd quarter valued at about $39,000. Finally, SOA Wealth Advisors LLC. raised its position in shares of CoreWeave by 275.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 375 shares of the company’s stock valued at $61,000 after acquiring an additional 275 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CRWV shares. Raymond James Financial started coverage on CoreWeave in a report on Monday, September 15th. They issued an “outperform” rating and a $130.00 target price for the company. Arete raised CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Thursday, August 21st. Arete Research upgraded shares of CoreWeave from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 21st. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research report on Wednesday, August 13th. Finally, Hsbc Global Res raised shares of CoreWeave to a “moderate sell” rating in a report on Thursday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $127.64.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.