Michael Intrator Sells 13,129 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 13,129 shares of CoreWeave stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $99.82, for a total transaction of $1,310,536.78. Following the sale, the chief executive officer owned 4,276,815 shares in the company, valued at $426,911,673.30. This represents a 0.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CoreWeave Stock Down 1.9%

CRWV opened at $105.49 on Friday. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The firm’s fifty day moving average price is $100.22 and its two-hundred day moving average price is $90.88. The company has a market capitalization of $47.21 billion, a P/E ratio of -33.92 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $1.57 billion for the quarter. The business’s quarterly revenue was up 110.4% on a year-over-year basis. On average, analysts anticipate that CoreWeave Inc. will post -4.58 EPS for the current year.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
• Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
• Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
• Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. CTC Alternative Strategies Ltd. bought a new position in shares of CoreWeave in the first quarter valued at about $852,000. Liontrust Investment Partners LLP raised its holdings in shares of CoreWeave by 24.1% in the first quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock valued at $9,897,000 after buying an additional 24,843 shares during the last quarter. SOA Wealth Advisors LLC. raised its holdings in shares of CoreWeave by 79.0% in the first quarter. SOA Wealth Advisors LLC. now owns 886 shares of the company’s stock valued at $69,000 after buying an additional 391 shares during the last quarter. Pathway Wealth Management LLC raised its holdings in shares of CoreWeave by 2.9% in the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after buying an additional 100 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of CoreWeave in the first quarter valued at about $300,000.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CRWV. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $135.00 price target on shares of CoreWeave in a research note on Friday, May 8th. Roth Mkm reiterated a “buy” rating and set a $150.00 price target on shares of CoreWeave in a research note on Friday, May 8th. Evercore reiterated an “outperform” rating and set a $150.00 price target on shares of CoreWeave in a research note on Wednesday, April 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a research note on Monday, May 4th. Finally, Mizuho lifted their price target on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Nineteen equities research 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 stock currently has an average rating of “Moderate Buy” and an average price target of $129.63.

About CoreWeave

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.