CoreWeave (NASDAQ:CRWV) Insider Sells $12,313,440.00 in Stock

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) insider Brannin Mcbee sold 144,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $85.51, for a total transaction of $12,313,440.00. Following the completion of the sale, the insider owned 327,691 shares of the company’s stock, valued at approximately $28,020,857.41. The trade was a 30.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brannin Mcbee also recently made the following trade(s):

  • On Monday, August 24th, Brannin Mcbee sold 105,500 shares of CoreWeave stock. The shares were sold at an average price of $85.51, for a total transaction of $9,021,305.00.
  • On Monday, August 24th, Brannin Mcbee sold 500 shares of CoreWeave stock. The stock was sold at an average price of $85.51, for a total transaction of $42,755.00.
  • On Thursday, August 20th, Brannin Mcbee sold 3,610 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $331,686.80.
  • On Monday, August 17th, Brannin Mcbee sold 50,000 shares of CoreWeave stock. The shares were sold at an average price of $106.08, for a total transaction of $5,304,000.00.
  • On Monday, August 17th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The stock was sold at an average price of $106.08, for a total transaction of $15,275,520.00.
  • On Monday, August 17th, Brannin Mcbee sold 55,500 shares of CoreWeave stock. The stock was sold at an average price of $106.08, for a total value of $5,887,440.00.
  • On Monday, August 17th, Brannin Mcbee sold 500 shares of CoreWeave stock. The shares were sold at an average price of $106.10, for a total value of $53,050.00.
  • On Monday, August 10th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $89.73, for a total value of $12,921,120.00.
  • On Monday, August 10th, Brannin Mcbee sold 53,000 shares of CoreWeave stock. The stock was sold at an average price of $89.73, for a total value of $4,755,690.00.
  • On Monday, August 3rd, Brannin Mcbee sold 17,684 shares of CoreWeave stock. The stock was sold at an average price of $81.09, for a total value of $1,433,995.56.

CoreWeave Stock Performance

CRWV stock traded down $0.03 during midday trading on Wednesday, hitting $88.01. The company’s stock had a trading volume of 13,327,157 shares, compared to its average volume of 32,564,624. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The stock’s 50-day moving average price is $88.46 and its 200 day moving average price is $94.89. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20.

CoreWeave (NASDAQ:CRWVGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.27) earnings per share. As a group, research analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its position in shares of CoreWeave by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after buying an additional 91 shares in the last quarter. Pathway Wealth Management LLC raised its position in CoreWeave by 2.9% during the first 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 in the last quarter. Azzad Asset Management Inc. ADV raised its position in CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after purchasing an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in CoreWeave by 34.7% during 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 during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares in the last quarter.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: Expanded Rescale partnership: Rescale is expanding its cloud ecosystem to CoreWeave Cloud, allowing customers in aerospace, automotive, energy, life sciences and manufacturing to run AI and simulation workloads. The agreement could broaden CoreWeave’s customer base and improve utilization of its AI infrastructure. Rescale Expands Cloud Ecosystem with CoreWeave for Engineering and AI Workloads
  • Positive Sentiment: AI infrastructure demand remains a bullish theme: Articles comparing CRWV with Applied Digital and identifying potential AI stock winners highlight continued demand for GPU computing and specialized cloud capacity. A proposed “neocloud” investment theme also provides broader industry validation, although these reports are largely analytical rather than new company-specific catalysts. CRWV vs. APLD: Which AI Data Center Stock Has More Upside Potential?
  • Neutral Sentiment: Nvidia pricing debate: One analysis argues that higher Nvidia prices could benefit CoreWeave by signaling strong AI demand and potentially supporting higher cloud-computing rates. However, more expensive GPUs could also increase CoreWeave’s capital requirements and operating costs. CoreWeave: Why Nvidia’s Price Hikes Could Be Good News
  • Neutral Sentiment: Competitive and industry risks: Rum Group’s stated intention to compete with CoreWeave and Nebius adds a potential new challenger, while commentary that falling AI prices are not necessarily bearish suggests the long-term demand outlook remains unsettled. Reports regarding Nvidia’s SpaceX investment raise broader questions about AI financing but do not directly change CoreWeave’s fundamentals.
  • Negative Sentiment: Insider selling: A report attributed recent weakness in CoreWeave shares to insider selling, which can undermine investor confidence even when the company’s growth outlook remains strong. CoreWeave Stock Price Down on Insider Selling
  • Negative Sentiment: Debt and financing risk: CoreWeave’s rapidly expanding data-center capacity comes with roughly $35 billion of debt, reinforcing concerns about leverage, interest costs, liquidity and the need for continued capital spending. Short-interest data showing zero shares appears unreliable and is not a meaningful bullish or bearish signal. CoreWeave’s AI Data Center Capacity Is Exploding

Analysts Set New Price Targets

CRWV has been the topic of several research reports. BNP Paribas Exane began coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price objective on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a report on Thursday, August 13th. DA Davidson reiterated a “neutral” rating and issued a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research note on Monday, May 18th. The Goldman Sachs Group increased their price objective on CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, Cantor Fitzgerald set a $176.00 target price on CoreWeave and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $141.90.

Read Our Latest Stock Report on CoreWeave

CoreWeave Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for CoreWeave (NASDAQ:CRWV)

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