CoreWeave (NASDAQ:CRWV) Director Jack Cogen Sells 986,540 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) Director Jack Cogen sold 986,540 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total value of $106,349,012.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

CoreWeave Trading Up 2.5%

Shares of NASDAQ CRWV opened at $106.86 on Friday. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The firm has a market capitalization of $47.83 billion, a PE ratio of -34.36 and a beta of 7.84. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The business has a 50-day moving average price of $102.09 and a two-hundred day moving average price of $90.49.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $1.57 billion for the quarter. CoreWeave’s revenue for the quarter was up 110.4% compared to the same quarter last year. As a group, analysts predict that CoreWeave Inc. will post -4.58 earnings per share for the current fiscal year.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities aimed at closing the loop between training and inference, which could strengthen its position as a key AI infrastructure provider and support future growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: CoreWeave also announced it will present at the BofA Securities Global Technology Conference on June 3, keeping investor attention on the company and giving management a platform to highlight its AI strategy. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Neutral Sentiment: Analyst commentary remains constructive overall, with Citi recently raising its price target to $158 while keeping a Buy rating, suggesting Wall Street still sees upside despite recent volatility. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: One article noted short-interest activity and another pointed to a June 26 calendar date as a possible catalyst, reinforcing that traders are focused on near-term volatility and event risk. Dear CoreWeave stock fans, mark your calendars for June 26
• Negative Sentiment: Heavy insider selling is likely weighing on sentiment: CEO Michael Intrator sold more than 307,000 shares in two transactions, and Director Karen Boone also sold shares, which can signal caution even though some sales were under a Rule 10b5-1 plan. SEC filing for CEO sale
• Negative Sentiment: Investor concern over CoreWeave’s backlog and short-selling interest suggests some market participants doubt the pace or quality of future growth, adding pressure to the stock. CoreWeave: Something Doesn’t Add Up About The Backlog

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CRWV. Sivia Capital Partners LLC bought a new position in shares of CoreWeave in the 2nd quarter valued at approximately $39,824,000. Quantbot Technologies LP bought a new position in shares of CoreWeave in the 2nd quarter valued at approximately $311,000. Invesco Ltd. bought a new position in shares of CoreWeave in the 2nd quarter valued at approximately $882,000. First Trust Advisors LP bought a new position in shares of CoreWeave in the 2nd quarter valued at approximately $20,260,000. Finally, Baird Financial Group Inc. bought a new position in shares of CoreWeave in the 2nd quarter valued at approximately $455,000.

Wall Street Analysts Forecast Growth

CRWV has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Bank of America upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Tuesday, March 24th. Oppenheimer lifted their price target on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, HC Wainwright reiterated a “buy” rating and set a $180.00 price target on shares of CoreWeave in a report on Monday, March 2nd. Nineteen equities 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $129.63.

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.