CoreWeave (NASDAQ:CRWV) Director Sells $10,377,000.00 in Stock

CoreWeave Inc. (NASDAQ:CRWV) Director Jack Cogen sold 100,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $103.77, for a total transaction of $10,377,000.00. Following the completion of the transaction, the director owned 9,683,136 shares in the company, valued at $1,004,819,022.72. The trade was a 1.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

CoreWeave Price Performance

CRWV stock opened at $109.53 on Monday. The firm’s 50-day moving average price is $102.63 and its two-hundred day moving average price is $90.52. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The stock has a market capitalization of $49.02 billion, a price-to-earnings ratio of -35.22 and a beta of 7.18. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $2.08 billion during the quarter. During the same quarter last year, the firm earned ($0.60) EPS. The company’s revenue for the quarter was up 111.6% on a year-over-year basis. As a group, equities analysts predict that CoreWeave Inc. will post -4.84 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CRWV. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a research report on Monday, May 4th. Evercore reiterated an “outperform” rating and set a $150.00 price target on shares of CoreWeave in a research report on Wednesday, April 15th. Mizuho boosted their price target on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Wolfe Research began coverage on shares of CoreWeave in a research report on Thursday, April 16th. They set an “outperform” rating and a $150.00 price target on the stock. Finally, Truist Financial boosted their price target on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and an average target price of $129.63.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently bought and sold shares of CRWV. Sivia Capital Partners LLC purchased a new stake in CoreWeave in the second quarter worth about $39,824,000. Quantbot Technologies LP purchased a new stake in CoreWeave in the second quarter worth about $311,000. Invesco Ltd. purchased a new stake in CoreWeave in the second quarter worth about $882,000. First Trust Advisors LP bought a new position in shares of CoreWeave in the second quarter worth approximately $20,260,000. Finally, Baird Financial Group Inc. bought a new position in shares of CoreWeave in the second quarter worth approximately $455,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

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.