Karen Boone Sells 10,520 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) Director Karen Boone sold 10,520 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $107.45, for a total transaction of $1,130,374.00. Following the sale, the director owned 7,300 shares in the company, valued at $784,385. The trade was a 59.03% 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.

Karen Boone also recently made the following trade(s):

• On Tuesday, May 26th, Karen Boone sold 1,060 shares of CoreWeave stock. The shares were sold at an average price of $108.23, for a total transaction of $114,723.80.

CoreWeave Trading Up 2.5%

Shares of CRWV stock traded up $2.59 on Thursday, hitting $106.86. 23,261,036 shares of the stock traded hands, compared to its average volume of 27,448,842. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $187.00. The firm has a 50 day simple moving average of $102.09 and a two-hundred day simple moving average of $90.49. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) 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 25.57% and a negative return on equity of 43.07%. The business’s quarterly revenue was up 110.4% compared to the same quarter last year. As a group, equities research analysts anticipate that CoreWeave Inc. will post -4.58 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the period. Proficio Capital Partners LLC boosted its position in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the period. Bank of America Corp DE boosted its position in CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after buying an additional 653,398 shares during the period. Clear Street Group Inc. raised its holdings in shares of CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after purchasing an additional 1,692,916 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in shares of CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after purchasing an additional 3,000,000 shares in the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched unified agentic AI capabilities that link training and inference in a closed feedback loop, a move that could deepen its role in the AI stack beyond basic cloud infrastructure and support longer-term growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Analysts remain constructive overall, with Citi recently raising its price target to $158 and maintaining a Buy rating, reinforcing the view that CRWV remains a momentum name tied to AI spending. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Positive Sentiment: CoreWeave said it will present at the BofA Securities Global Technology Conference on June 3, which could keep investor attention on the name and provide another platform to discuss AI demand and strategy. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Neutral Sentiment: Short-interest data showed no meaningful change in the latest report, so while short-selling remains a talking point, the newest figures do not add a fresh technical catalyst.
• Negative Sentiment: Several recent articles focus on why investors are shorting CRWV and question whether the company’s backlog fully supports its high valuation, suggesting some traders remain wary of the stock’s fundamentals. Here’s why investors are shorting CoreWeave stock CoreWeave: Something Doesn’t Add Up About The Backlog

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CRWV. Roth Mkm reiterated a “buy” rating and issued a $150.00 price target on shares of CoreWeave in a report on Friday, May 8th. Truist Financial lifted their price target on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a report on Friday, May 8th. Citigroup lifted their price target on shares of CoreWeave from $155.00 to $158.00 and gave the company a “buy” rating in a report on Thursday, May 14th. HC Wainwright reiterated a “buy” rating and issued a $180.00 price target on shares of CoreWeave in a report on Monday, March 2nd. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $129.63.

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.