CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brannin Mcbee sold 56,531 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total value of $4,957,203.39. Following the transaction, the insider directly owned 392,279 shares of the company’s stock, valued at $34,398,945.51. This trade represents a 12.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Brannin Mcbee also recently made the following trade(s):
- On Monday, August 24th, Brannin Mcbee sold 105,500 shares of CoreWeave stock. The stock was sold at an average price of $85.51, for a total value of $9,021,305.00.
- On Monday, August 24th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The stock was sold at an average price of $85.51, for a total value of $12,313,440.00.
- On Monday, August 24th, Brannin Mcbee sold 500 shares of CoreWeave stock. The shares were 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 shares were 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 stock was 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 shares were 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 shares were sold at an average price of $106.08, for a total transaction 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 transaction of $53,050.00.
- On Monday, August 10th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The stock was sold at an average price of $89.73, for a total transaction of $12,921,120.00.
- On Monday, August 10th, Brannin Mcbee sold 53,000 shares of CoreWeave stock. The shares were sold at an average price of $89.73, for a total transaction of $4,755,690.00.
CoreWeave Price Performance
Shares of CRWV stock opened at $89.62 on Monday. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The stock has a market cap of $41.12 billion, a price-to-earnings ratio of -24.55 and a beta of 7.36. The firm’s 50-day moving average is $87.05 and its 200-day moving average is $94.72. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Oppenheimer initiated or reiterated a Buy view on CoreWeave, adding to a series of favorable analyst opinions. William Blair also began coverage with an Outperform rating, while Jefferies said capacity constraints and demand visibility extending toward 2028 support its bullish case. CoreWeave Gets a Buy from Oppenheimer
- Positive Sentiment: UBS expects the AI-infrastructure market to remain strong, reinforcing the demand outlook for CoreWeave’s GPU-cloud and data-center services. UBS Sees AI Infrastructure Market Staying Hot
- Positive Sentiment: CoreWeave is expanding beyond traditional GPU rentals through NVIDIA Vera and Vera Rubin systems, its Forge AI-development environment and a new Partner Network. The initiatives target agentic AI, inference and enterprise workloads, potentially broadening revenue sources and customer reach. CoreWeave’s Vera Rubin Push
- Positive Sentiment: A new partner ecosystem and a clinical-AI deployment with Ennoble Care could help CoreWeave expand its customer base and showcase inference applications. CoreWeave Partner Network and AI Deals
- Neutral Sentiment: The bullish case emphasizes CoreWeave’s sizable backlog and rapid revenue growth, but the company is spending heavily to build capacity and relies substantially on debt and long-term leases.
- Negative Sentiment: Valuation concerns remain significant: investors must account for GPU replacement costs, interest expense and depreciation rather than relying solely on EBITDA. Critics also warn that expanding compute supply could eventually pressure pricing and returns. What Is CoreWeave Worth After the Cost of Replacing Its GPUs?
- Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $26.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the transaction may still weigh on sentiment.
Wall Street Analyst Weigh In
Several brokerages have recently commented on CRWV. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Thursday, August 13th. Raymond James Financial downgraded CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Wolfe Research reaffirmed an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. Citigroup increased their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Jefferies Financial Group cut shares of CoreWeave from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Twenty-three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $138.78.
Read Our Latest Stock Analysis on CoreWeave
Institutional Trading of CoreWeave
Hedge funds have recently added to or reduced their stakes in the company. State Street Corp grew its holdings in CoreWeave by 139.7% in the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after buying an additional 4,113,873 shares in the last quarter. Alyeska Investment Group L.P. boosted its position in shares of CoreWeave by 55.7% in the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after acquiring an additional 3,897,741 shares during the period. Deutsche Bank AG grew its stake in shares of CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP bought a new position in CoreWeave during the fourth quarter worth about $230,099,000. Finally, Amundi raised its stake in CoreWeave by 266.2% in the 1st quarter. Amundi now owns 3,284,121 shares of the company’s stock worth $254,421,000 after purchasing an additional 2,387,337 shares in the last quarter.
About CoreWeave
CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.
Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.
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