CoreWeave (NASDAQ:CRWV) Insider Sells $367,637.06 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brannin Mcbee sold 3,683 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $99.82, for a total value of $367,637.06. Following the completion of the sale, the insider directly owned 318,086 shares of the company’s stock, valued at approximately $31,751,344.52. This represents a 1.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brannin Mcbee also recently made the following trade(s):

• On Monday, April 27th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $9,540,125.00.
• On Monday, April 27th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The stock was sold at an average price of $109.03, for a total transaction of $21,806,000.00.
• On Monday, April 27th, Brannin Mcbee sold 45,850 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $4,999,025.50.
• On Monday, April 20th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The stock was sold at an average price of $115.94, for a total transaction of $10,144,750.00.
• On Monday, April 20th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The stock was sold at an average price of $115.93, for a total transaction of $23,186,000.00.
• On Monday, April 20th, Brannin Mcbee sold 45,830 shares of CoreWeave stock. The shares were sold at an average price of $115.94, for a total transaction of $5,313,530.20.
• On Monday, April 13th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The shares were sold at an average price of $110.81, for a total value of $11,081,000.00.
• On Monday, April 13th, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The stock was sold at an average price of $110.82, for a total value of $4,848,375.00.
• On Monday, April 13th, Brannin Mcbee sold 22,915 shares of CoreWeave stock. The stock was sold at an average price of $110.82, for a total value of $2,539,440.30.
• On Monday, April 6th, Brannin Mcbee sold 66,665 shares of CoreWeave stock. The shares were sold at an average price of $81.25, for a total value of $5,416,531.25.

CoreWeave Price Performance

CoreWeave stock opened at $105.49 on Monday. 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 business’s 50-day simple moving average is $100.22 and its two-hundred day simple moving average is $90.63. The company has a market cap of $47.21 billion, a PE ratio of -33.92 and a beta of 7.84. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates 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 company’s revenue for the quarter was up 110.4% compared to the same quarter last year. Equities analysts anticipate that CoreWeave Inc. will post -4.58 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

Hedge funds have recently bought and sold shares of the stock. CTC Alternative Strategies Ltd. acquired a new stake in shares of CoreWeave during the 1st quarter worth approximately $852,000. Liontrust Investment Partners LLP increased its holdings in shares of CoreWeave by 24.1% during the 1st quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock valued at $9,897,000 after purchasing an additional 24,843 shares in the last quarter. SOA Wealth Advisors LLC. lifted its stake in shares of CoreWeave by 79.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 886 shares of the company’s stock valued at $69,000 after purchasing an additional 391 shares during the period. Pathway Wealth Management LLC lifted its stake in shares of CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after purchasing an additional 100 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in CoreWeave during the first quarter worth $300,000.

Wall Street Analysts Forecast Growth

CRWV has been the subject of a number of recent research reports. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Tuesday, March 24th. Truist Financial upped their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a report on Friday, May 8th. Citigroup raised their target price on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. DA Davidson restated a “neutral” rating and set a $100.00 target price (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Finally, Sanford C. Bernstein upped their price target on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a report on Tuesday, April 14th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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

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.