Nitin Agrawal Sells 58,429 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 58,429 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $116.70, for a total value of $6,818,664.30. Following the sale, the chief financial officer owned 193,771 shares in the company, valued at $22,613,075.70. This trade represents a 23.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Thursday, June 11th, Nitin Agrawal sold 63,891 shares of CoreWeave stock. The shares were sold at an average price of $93.35, for a total value of $5,964,224.85.
• On Wednesday, May 27th, Nitin Agrawal sold 5,508 shares of CoreWeave stock. The stock was sold at an average price of $102.17, for a total value of $562,752.36.
• 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 shares were sold at an average price of $74.05, for a total value of $1,184.80.

CoreWeave Price Performance

CoreWeave stock opened at $117.95 on Friday. The stock has a market capitalization of $52.79 billion, a PE ratio of -37.93 and a beta of 7.14. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $187.00. The business has a 50 day simple moving average of $110.95 and a 200-day simple moving average of $93.87. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $2.08 billion for the quarter. During the same period last year, the firm posted ($0.60) earnings per share. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. On average, analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after buying an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after buying an additional 653,398 shares in the last quarter. Clear Street Group Inc. boosted its position in CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after acquiring an additional 1,692,916 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during the last quarter.

Wall Street Analysts Forecast Growth

CRWV has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. boosted their target price on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Barclays upped their price target on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. BNP Paribas Exane started coverage on shares of CoreWeave in a research note on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price target on the stock. Finally, Wolfe Research assumed coverage on CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price objective on the stock. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.52.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Jim Cramer said CoreWeave’s contracted backlog may be larger than Wall Street currently expects, which supports the bullish view that demand for the company’s AI cloud capacity is still accelerating. Article link
• Positive Sentiment: CoreWeave’s new MLPerf Training v6.0 records, including a very fast DeepSeek-V3 training result, reinforce its reputation as a top-tier AI compute platform and may help attract more customers. Article link
• Positive Sentiment: Coverage around CoreWeave’s added AI backlog and its pending Nasdaq-100 inclusion is fueling momentum, since index-related buying can create extra demand for the shares. Article link
• Neutral Sentiment: Several insiders, including the CFO, CEO, and EVP, disclosed large stock sales, but the trades were made under pre-arranged 10b5-1 plans, so investors may view them as less concerning than discretionary selling. SEC filing link
• Neutral Sentiment: Analysts continue to highlight CoreWeave’s heavy 2026 capex plans and leveraged balance sheet as execution risks, even though those investments are tied to rapid AI demand growth. Article link
• Negative Sentiment: Broader caution about an AI capex bubble and valuation risk could weigh on sentiment if investors become more risk-averse toward high-growth infrastructure names like CRWV. Article link

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.