Insider Selling: CoreWeave (NASDAQ:CRWV) CEO Sells $23,330,000.00 in Stock

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $116.65, for a total transaction of $23,330,000.00. Following the completion of the transaction, the chief executive officer owned 3,476,815 shares of the company’s stock, valued at $405,570,469.75. The trade was a 5.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Up 2.4%

Shares of CoreWeave stock traded up $2.74 on Thursday, reaching $117.95. 65,460,009 shares of the stock were exchanged, compared to its average volume of 27,323,884. 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 firm’s 50 day moving average is $110.37 and its 200-day moving average is $93.70. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $2.08 billion during the quarter. During the same quarter last year, the business earned ($0.60) earnings per share. CoreWeave’s revenue was up 111.6% compared to the same quarter last year. On average, sell-side analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Bank of America Corp DE boosted its position in CoreWeave by 13.1% during the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after buying an additional 653,398 shares during the period. Clear Street Group Inc. boosted its position in CoreWeave by 57.2% during the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after buying an additional 1,692,916 shares during the period. Finally, Alyeska Investment Group L.P. grew its holdings in CoreWeave by 300.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during the last quarter.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is getting a lift from its upcoming addition to the Nasdaq-100, which can trigger index-related buying and has helped fuel strong recent momentum. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
• Positive Sentiment: The company reported record MLPerf training results, reinforcing its reputation as a leading AI infrastructure platform and supporting the growth narrative around CRWV. CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
• Positive Sentiment: Coverage highlighting CoreWeave’s expanding AI backlog, including commentary about a roughly $32 billion backlog addition, is feeding optimism that demand remains very strong. CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
• Neutral Sentiment: Several insiders, including EVP Chen Goldberg and Brannin McBee, sold shares, but the trades were made under pre-arranged 10b5-1 plans, making them less alarming to investors. SEC filing for Chen Goldberg sale
• Neutral Sentiment: Analysts and commentators continue to flag CoreWeave’s heavy capex, leverage, and valuation as risks, even while acknowledging the company’s rapid AI-driven growth. CoreWeave Guides $31-$35B Capex for 2026: Fuel or Financial Strain?
• Negative Sentiment: Broader skepticism about the AI capex boom and bubble comparisons could pressure sentiment toward CRWV if investors turn more risk-averse. Legendary Short Seller Jim Chanos Issues Dire Prediction

Analyst Upgrades and Downgrades

CRWV has been the subject of several recent analyst reports. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Truist Financial lifted their target price on CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Oppenheimer boosted their target price on CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Citigroup increased 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. Finally, Jefferies Financial Group raised their price target on shares of CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently 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.