Sachin Jain Sells 6,377 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 6,377 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $99.82, for a total transaction of $636,552.14. Following the completion of the sale, the chief operating officer directly owned 132,325 shares in the company, valued at $13,208,681.50. This trade represents a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sachin Jain also recently made the following trade(s):

• On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The shares were sold at an average price of $118.61, for a total transaction of $1,749,497.50.
• On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $131.13, for a total transaction of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $105.00, for a total transaction of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $363,676.00.

CoreWeave Stock Down 1.9%

Shares of NASDAQ:CRWV opened at $105.49 on Friday. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $187.00. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The company’s fifty day moving average is $100.22 and its 200-day moving average is $90.88. The company has a market capitalization of $47.21 billion, a PE ratio of -33.92 and a beta of 7.84.

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CRWV. Roth Mkm restated a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research note on Friday, May 8th. Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research note on Tuesday, March 24th. Citigroup boosted 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $135.00 target price on shares of CoreWeave in a research note on Friday, May 8th. Finally, Evercore restated an “outperform” rating and issued a $150.00 target price on shares of CoreWeave in a research note on Wednesday, April 15th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and an average price target of $129.63.

Key Stories Impacting CoreWeave

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CTC Alternative Strategies Ltd. acquired a new position in CoreWeave during the 1st quarter worth about $852,000. Liontrust Investment Partners LLP lifted its position in CoreWeave by 24.1% during the 1st quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock worth $9,897,000 after buying an additional 24,843 shares in the last quarter. SOA Wealth Advisors LLC. lifted its position in CoreWeave by 79.0% during the 1st quarter. SOA Wealth Advisors LLC. now owns 886 shares of the company’s stock worth $69,000 after buying an additional 391 shares in the last quarter. Pathway Wealth Management LLC lifted its position in CoreWeave by 2.9% during the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in CoreWeave during the 1st quarter worth about $300,000.

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.