Chen Goldberg Sells 22,424 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) EVP Chen Goldberg sold 22,424 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $95.91, for a total transaction of $2,150,685.84. Following the completion of the sale, the executive vice president directly owned 50,550 shares in the company, valued at approximately $4,848,250.50. The trade was a 30.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, August 20th, Chen Goldberg sold 8,628 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $792,740.64.
• On Monday, August 17th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $106.11, for a total value of $678,785.67.
• On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32.
• On Tuesday, August 4th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $90.00, for a total transaction of $575,730.00.
• On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $382.76.
• On Monday, June 15th, Chen Goldberg sold 5,541 shares of CoreWeave stock. The stock was sold at an average price of $107.29, for a total transaction of $594,493.89.

CoreWeave Stock Performance

CoreWeave stock traded down $5.82 during trading hours on Thursday, hitting $89.12. The company had a trading volume of 27,746,010 shares, compared to its average volume of 23,176,834. The firm has a 50-day moving average of $85.54 and a 200 day moving average of $94.39. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave Inc. has a one year low of $60.55 and a one year high of $153.20.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. The company had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.CoreWeave’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.27) EPS. As a group, equities research analysts anticipate that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

CRWV has been the topic of several research reports. Sanford C. Bernstein upped their price target on shares of CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a research note on Wednesday, August 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of CoreWeave in a research report on Wednesday, August 12th. Robert W. Baird boosted their price target on CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Wells Fargo & Company increased their price target on CoreWeave from $155.00 to $160.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $100.00 price objective (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Twenty-one analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $141.90.

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently modified their holdings of CRWV. Cullen Frost Bankers Inc. grew its holdings in shares of CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the last quarter. Greenline Wealth Management LLC bought a new position in shares of CoreWeave during the fourth quarter valued at $28,000. Essential Partners LLC acquired a new position in shares of CoreWeave during the second quarter worth $30,000. Peterson Wealth Services grew its stake in shares of CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after purchasing an additional 245 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in CoreWeave in the first quarter valued at $31,000.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.