CoreWeave (NASDAQ:CRWV) EVP Chen Goldberg Sells 5,541 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) EVP Chen Goldberg sold 5,541 shares of CoreWeave stock in a transaction on Monday, June 15th. The stock was sold at an average price of $107.29, for a total transaction of $594,493.89. Following the transaction, the executive vice president owned 59,368 shares in the company, valued at $6,369,592.72. This represents a 8.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chen Goldberg also recently made the following trade(s):

• On Wednesday, May 20th, Chen Goldberg sold 14,168 shares of CoreWeave stock. The stock was sold at an average price of $100.34, for a total transaction of $1,421,617.12.
• On Tuesday, May 5th, Chen Goldberg sold 19,222 shares of CoreWeave stock. The stock was sold at an average price of $125.00, for a total transaction of $2,402,750.00.
• On Monday, April 27th, Chen Goldberg sold 4,879 shares of CoreWeave stock. The stock was sold at an average price of $109.00, for a total transaction of $531,811.00.
• On Wednesday, April 8th, Chen Goldberg sold 9,757 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $897,644.00.
• On Tuesday, March 31st, Chen Goldberg sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total transaction of $1,184.80.

CoreWeave Stock Down 1.6%

Shares of CRWV stock opened at $115.21 on Thursday. The company has a market capitalization of $51.56 billion, a price-to-earnings ratio of -37.04 and a beta of 7.14. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The company’s fifty day moving average price is $109.72 and its 200-day moving average price is $93.38. 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 quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The firm had revenue of $2.08 billion for the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.60) EPS. Sell-side analysts expect that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Institutional Trading of CoreWeave

A number of institutional investors and hedge funds have recently bought and sold shares of CRWV. Cornerstone Planning Group LLC increased its holdings in CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in CoreWeave in the 3rd quarter valued at $27,000. Cullen Frost Bankers Inc. increased its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the last quarter. Greenline Wealth Management LLC bought a new stake in shares of CoreWeave in the 4th quarter worth about $28,000. Finally, Rothschild Investment LLC increased its holdings in shares of CoreWeave by 10,700.0% in the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after buying an additional 214 shares during the last quarter.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Investors are betting CoreWeave’s AI cloud backlog and contract growth are stronger than previously expected, with commentary pointing to a potential second-quarter backlog beat and continued momentum in demand. CoreWeave Insider Sales Look Big, But Should Investors Worry?
• Positive Sentiment: CoreWeave said it set new MLPerf training records, including the fastest DeepSeek-V3 671B training result, which reinforces its position as a leading AI compute platform and supports the growth story. CoreWeave Sets New AI Training Records in MLPerf® Training v6.0, Training DeepSeek-V3 in Approximately Two Minutes
• Positive Sentiment: Market attention has also centered on CoreWeave’s planned addition to the Nasdaq-100, a development that can increase index-related buying and improve investor sentiment. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
• Neutral Sentiment: Multiple CoreWeave executives disclosed large stock sales, including EVP Chen Goldberg and insider Brannin McBee, but the transactions were made under pre-arranged Rule 10b5-1 trading plans, which makes them less concerning than discretionary selling. SEC filing for Chen Goldberg sale
• Neutral Sentiment: Articles questioning whether CoreWeave is overvalued and noting pressure from operating expenses and capital spending may temper enthusiasm, especially given the company’s leveraged balance sheet and ongoing losses. CoreWeave: Pressured By Both Opex And Capex
• Negative Sentiment: Broader skepticism around the AI capex boom and comparisons to past market bubbles could weigh on sentiment toward AI infrastructure names like CoreWeave if investors grow more risk-averse. Legendary Short Seller Jim Chanos Issues Dire Prediction

Analysts Set New Price Targets

Several brokerages have recently commented on CRWV. Cantor Fitzgerald restated an “overweight” rating and set a $167.00 price objective on shares of CoreWeave in a research report on Thursday, June 11th. Roth Mkm restated a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. DA Davidson restated a “neutral” rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Truist Financial raised their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Finally, Wells Fargo & Company raised their price objective on shares of CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.52.

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.