CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CEO Michael Intrator sold 244,017 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $78.77, for a total transaction of $19,221,219.09. Following the transaction, the chief executive officer owned 5,707,978 shares in the company, valued at $449,617,427.06. This trade represents a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Price Performance
Shares of CRWV remained flat at $82.24 during midday trading on Friday. 20,892,846 shares of the stock traded hands, compared to its average volume of 22,327,866. The firm has a 50 day moving average price of $86.53 and a 200 day moving average price of $96.10. The stock has a market cap of $34.46 billion and a PE ratio of -25.70. CoreWeave Inc. has a one year low of $33.51 and a one year high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46.
CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company’s revenue for the quarter was up 110.4% on a year-over-year basis.
More CoreWeave News
- Positive Sentiment: Landmark GPU‑backed financing: CoreWeave closed an up‑to $8.5 billion loan facility backed by GPUs and customer contracts, which investors view as lowering near‑term funding risk and providing capital to scale GPU capacity. Read More.
- Positive Sentiment: Institutional and analyst support: Bank of America resumed coverage with a Buy and $100 price target, highlighting AI infrastructure opportunity and reinforcing bullish conviction among some institutional investors. Read More.
- Positive Sentiment: Bullish backlog/revenue thesis: A Seeking Alpha note reiterated a Buy, citing a large committed backlog and aggressive 2026/2027 revenue targets that, if achieved, support long‑term growth and attach‑rate expansion. Read More.
- Neutral Sentiment: Mixed analyst views and caution: Some brokers (Stifel: Hold) and deep‑dive pieces praise the financing but flag leverage and valuation, producing a mixed institutional tone that could limit broad upside. Read More.
- Negative Sentiment: Deal pull‑back raises strategy questions: CoreWeave ended its Poolside partnership, prompting questions about execution and how the company plans to translate pipeline into diversified, profitable revenue. Read More.
- Negative Sentiment: Insider and executive selling: Multiple insiders, including director/executive Brannin McBee and the CEO, have sold large blocks of shares in late March (collective disclosures total millions in proceeds), which can signal near‑term liquidity needs or reduce insider conviction for some investors. Read More.
- Negative Sentiment: High leverage and customer concentration risk: Analysis flags CoreWeave’s roughly $21 billion debt load and heavy exposure to a small set of large customers (OpenAI/others). Interest expense is a material drag on cash flow, increasing risk if end‑customer spending slows. Read More.
Analyst Ratings Changes
Several research firms recently issued reports on CRWV. HC Wainwright reissued a “buy” rating and set a $180.00 price target on shares of CoreWeave in a research report on Monday, March 2nd. Truist Financial raised their price target on shares of CoreWeave from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Friday, February 27th. Sanford C. Bernstein started coverage on shares of CoreWeave in a report on Thursday, March 5th. They issued an “underperform” rating and a $56.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a research report on Monday, January 12th. They set a “neutral” rating and a $86.00 price objective for the company. Finally, Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $121.06.
Get Our Latest Stock Report on CoreWeave
Institutional Investors Weigh In On CoreWeave
Several large investors have recently added to or reduced their stakes in the stock. Renaissance Capital LLC raised its holdings in shares of CoreWeave by 49.9% during the third quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock valued at $6,454,000 after buying an additional 15,697 shares during the last quarter. Munro Partners grew its holdings in CoreWeave by 5,272.4% in the 3rd quarter. Munro Partners now owns 616,485 shares of the company’s stock worth $84,366,000 after buying an additional 605,010 shares in the last quarter. AE Wealth Management LLC bought a new position in CoreWeave in the 3rd quarter worth approximately $4,241,000. HWG Holdings LP acquired a new stake in CoreWeave in the 3rd quarter valued at approximately $1,863,000. Finally, Liontrust Investment Partners LLP acquired a new stake in CoreWeave in the 2nd quarter valued at approximately $5,692,000.
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.
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