CoreWeave (NASDAQ:CRWV) Insider Sells $9,146,287.92 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 65,593 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $139.44, for a total value of $9,146,287.92. Following the sale, the insider owned 301,509 shares in the company, valued at $42,042,414.96. The trade was a 17.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

CoreWeave Stock Performance

CRWV opened at $134.79 on Friday. CoreWeave Inc. has a 1-year low of $33.51 and a 1-year high of $187.00. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. The company has a 50-day moving average of $111.91.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The company had revenue of $1.21 million for the quarter. The firm’s quarterly revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Loop Capital initiated coverage on CoreWeave in a research report on Friday, September 19th. They issued a “buy” rating and a $165.00 price objective for the company. Hsbc Global Res upgraded CoreWeave to a “moderate sell” rating in a report on Thursday, July 17th. Moffett Nathanson increased their price target on shares of CoreWeave from $56.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, August 19th. Arete upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Thursday, August 21st. Finally, JMP Securities raised CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 target price for the company in a research note on Tuesday, September 16th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $127.64.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vigilare Wealth Management acquired a new position in shares of CoreWeave during the 3rd quarter worth approximately $416,000. Corient Private Wealth LLC bought a new position in CoreWeave during the second quarter worth about $460,000. Centaurus Financial Inc. bought a new position in shares of CoreWeave during the second quarter worth approximately $138,000. Squarepoint Ops LLC acquired a new position in CoreWeave in the 2nd quarter valued at $629,000. Finally, Munro Partners acquired a new position in CoreWeave in the second quarter valued at about $1,871,000.

About CoreWeave

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.