Nitin Agrawal Sells 66,576 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 66,576 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $83.70, for a total value of $5,572,411.20. Following the completion of the transaction, the chief financial officer owned 188,360 shares in the company, valued at $15,765,732. This represents a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, August 25th, Nitin Agrawal sold 5,509 shares of CoreWeave stock. The stock was sold at an average price of $88.64, for a total value of $488,317.76.
• 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 value 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 stock was sold at an average price of $95.69, for a total value of $382.76.

CoreWeave Trading Down 2.5%

CRWV traded down $2.06 on Tuesday, hitting $80.92. The company had a trading volume of 15,579,534 shares, compared to its average volume of 28,088,213. The company’s fifty day moving average price is $85.62 and its 200 day moving average price is $94.26. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm has a market cap of $37.13 billion, a P/E ratio of -22.17 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping 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 business earned ($0.27) EPS. The company’s quarterly revenue was up 112.5% compared to the same quarter last year. As a group, equities analysts expect that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Analysts Set New Price Targets

CRWV has been the subject of a number of research analyst reports. TD Cowen raised shares of CoreWeave to a “buy” rating in a research report on Wednesday, July 22nd. Mizuho boosted their target price on CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 price target on shares of CoreWeave in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Finally, Truist Financial boosted their price objective on CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a report on Monday, August 24th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $142.31.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s expanding margins, improved contract economics and increasing contribution from higher-margin services suggest continued operating leverage through 2026. Will CoreWeave’s Margins Continue Expanding Through 2026?
• Positive Sentiment: Despite a substantial retreat from its highs, one analyst remains highly bullish, arguing that record revenue growth and the AI infrastructure buildout could support significant upside for CRWV. CoreWeave Imploded Over The Last Few Months
• Neutral Sentiment: A broader selloff in AI infrastructure stocks is adding volatility, with investors also reacting to weakness in major technology companies and uncertainty surrounding the economic and political backdrop. Oracle Slides as Layoff Costs Rise
• Neutral Sentiment: Weakness in crypto-related stocks after the U.S. Senate failed to advance cryptocurrency legislation reflects broader risk aversion, although the development is not a direct change to CoreWeave’s operating outlook. Bitcoin and Crypto Stocks Remain Down
• Negative Sentiment: Bernstein maintained its sell view, warning that CoreWeave may be particularly vulnerable if Anthropic, OpenAI and other leading AI developers slow the pace of model training. Because large training workloads are an important demand driver, any reduction in infrastructure spending could pressure growth expectations. Bernstein Sticks to Its Sell Rating for CoreWeave
• Negative Sentiment: Investors remain concerned about CoreWeave’s heavy debt burden and exposure to a concentrated group of AI customers, making the stock especially sensitive to an AI spending slowdown and broader market weakness. CoreWeave Stock Drops as Debt Concerns Hit AI Infrastructure

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CRWV. Essential Partners LLC acquired a new stake in CoreWeave during the 2nd quarter worth approximately $30,000. Burnham & Co LLC acquired a new position in shares of CoreWeave in the second quarter worth $32,000. Cullen Frost Bankers Inc. grew its stake in shares of CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after acquiring an additional 121 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in shares of CoreWeave during the first quarter worth $31,000. Finally, Allied Private Wealth LLC purchased a new stake in shares of CoreWeave during the second quarter worth $40,000.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.