CoreWeave (NASDAQ:CRWV) Shares Down 4.6% Following Insider Selling

CoreWeave Inc. (NASDAQ:CRWV)’s share price was down 4.6% during trading on Thursday after an insider sold shares in the company. The company traded as low as $80.56 and last traded at $81.75. Approximately 32,475,392 shares were traded during trading, an increase of 13% from the average daily volume of 28,770,805 shares. The stock had previously closed at $85.68.

Specifically, insider Brannin Mcbee sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $94.32, for a total transaction of $4,716,000.00. Following the sale, the insider directly owned 402,852 shares in the company, valued at approximately $37,997,000.64. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 144,000 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $94.32, for a total value of $13,582,080.00. Following the completion of the transaction, the insider directly owned 258,852 shares of the company’s stock, valued at approximately $24,414,920.64. This trade represents a 35.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other CoreWeave news, insider Brannin Mcbee sold 55,500 shares of CoreWeave stock in a transaction on Monday, June 29th. The shares were sold at an average price of $94.32, for a total transaction of $5,234,760.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRWV. Cantor Fitzgerald restated an “overweight” rating and issued a $167.00 price objective on shares of CoreWeave in a research note on Thursday, June 11th. Citigroup upped their target price on shares of CoreWeave from $155.00 to $158.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Wells Fargo & Company increased their price target on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lifted their price objective on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Oppenheimer increased their target price on CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Twenty-one analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $135.00.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent inside Weights & Biases that automates experiment analysis and speeds model development, highlighting continued product expansion and AI workflow traction. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: Rosenblatt reaffirmed its buy view on CoreWeave, and other recent commentary said the stock may be attractive after the pullback because of its massive backlog and strong revenue growth. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Neutral Sentiment: Some bullish analysis said CoreWeave’s $99.4 billion backlog, sold-out 2026 capacity, and diversified customers still support the long-term growth story despite the pressure from Meta-related headlines. CoreWeave: Meta Compute Scare Is A Long-Term Buying Opportunity
• Negative Sentiment: Reports that Meta may sell surplus compute and build a cloud business intensified competition worries for pure-play AI infrastructure providers like CoreWeave. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Bearish commentary from Bernstein and others argued hyperscalers could increasingly compete head-on with CoreWeave over time, raising concerns about pricing pressure and the durability of its business model. CRWV Stock Draws Investor Buzz As Bernstein Says It’s A Matter Of Time Before Hyperscalers Compete Head-On With CoreWeave
• Negative Sentiment: Recent insider sales by Brannin Mcbee added another overhang, although the filings say the trades were pre-planned and tied to tax withholding and equity vesting. Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells $5,426,292.83 in Stock

CoreWeave Stock Performance

The stock has a market capitalization of $36.59 billion, a price-to-earnings ratio of -26.29 and a beta of 7.14. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock’s 50-day simple moving average is $108.96 and its 200 day simple moving average is $94.78.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The firm had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue was up 111.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.60) earnings per share. Analysts expect that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CRWV. Parallel Advisors LLC grew its position in CoreWeave by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after acquiring an additional 91 shares during the last quarter. Pathway Wealth Management LLC raised its position in CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after purchasing an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its stake in CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after purchasing an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after purchasing an additional 119 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares during the last quarter.

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.