CoreWeave (NASDAQ:CRWV) CFO Sells $562,752.36 in Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 5,508 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $102.17, for a total value of $562,752.36. Following the sale, the chief financial officer owned 193,771 shares of the company’s stock, valued at approximately $19,797,583.07. The trade was a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nitin Agrawal also recently made the following trade(s):

• On Wednesday, May 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total value of $1,004,388.84.
• On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total value of $1,288.00.
• On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The stock was sold at an average price of $74.05, for a total value of $1,184.80.
• On Tuesday, March 17th, Nitin Agrawal sold 38,456 shares of CoreWeave stock. The stock was sold at an average price of $83.23, for a total value of $3,200,692.88.
• On Wednesday, March 11th, Nitin Agrawal sold 63,157 shares of CoreWeave stock. The stock was sold at an average price of $79.68, for a total value of $5,032,349.76.
• On Tuesday, March 3rd, Nitin Agrawal sold 3,920 shares of CoreWeave stock. The stock was sold at an average price of $73.20, for a total value of $286,944.00.

CoreWeave Stock Performance

CRWV stock opened at $109.53 on Monday. The company has a market cap of $49.02 billion, a P/E ratio of -35.22 and a beta of 7.18. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $187.00. 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 business has a fifty day moving average of $102.63 and a 200-day moving average of $90.52.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm’s revenue was up 111.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.60) EPS. As a group, equities research analysts expect that CoreWeave Inc. will post -4.84 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently modified their holdings of the business. Parallel Advisors LLC increased its holdings in shares of CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after acquiring an additional 91 shares in the last quarter. Pathway Wealth Management LLC increased 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 worth $278,000 after acquiring an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV increased its holdings in shares of 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 acquiring an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of 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 acquiring an additional 119 shares in the last quarter. Finally, Chilton Capital Management LLC increased its holdings in shares of CoreWeave by 50.2% in the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after acquiring an additional 121 shares in the last quarter.

Analyst Ratings Changes

A number of research firms recently commented on CRWV. Oppenheimer upped their price objective on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. DA Davidson reiterated a “neutral” rating and issued a $100.00 price objective (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Mizuho upped their price objective on CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Wolfe Research began coverage on CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price objective for the company. Nineteen 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $129.63.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

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.