CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 375,000 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 375,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $115.85, for a total value of $43,443,750.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Performance

CoreWeave stock opened at $111.31 on Thursday. The stock has a market cap of $49.82 billion, a P/E ratio of -35.79 and a beta of 7.84. The company has a current ratio of 0.31, a quick ratio of 0.46 and a debt-to-equity ratio of 3.68. The stock has a 50 day moving average of $96.08 and a 200-day moving average of $92.00. CoreWeave Inc. has a 52 week low of $61.33 and a 52 week high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.57 billion for the quarter. CoreWeave’s revenue was up 110.4% compared to the same quarter last year. On average, analysts expect that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Roth Mkm reiterated a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $135.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Sanford C. Bernstein lifted their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a research note on Tuesday, April 14th. Evercore reaffirmed an “outperform” rating and set a $150.00 target price on shares of CoreWeave in a report on Wednesday, April 15th. Finally, Jefferies Financial Group lifted their target price on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Twenty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.88.

Hedge Funds Weigh In On CoreWeave

A number of institutional investors have recently bought and sold shares of CRWV. Vanguard Group Inc. increased its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC increased its stake 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 worth $2,443,013,000 after purchasing an additional 17,847,760 shares in the last quarter. Deutsche Bank AG increased its stake in CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP purchased a new position in CoreWeave in the 4th quarter worth about $230,099,000. Finally, Alyeska Investment Group L.P. increased its stake in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after purchasing an additional 3,000,000 shares in the last quarter.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave continues to benefit from strong AI infrastructure demand, with recent coverage highlighting $2.1 billion in Q1 revenue and a $99.4 billion backlog. Article Title
• Positive Sentiment: Wall Street remains broadly constructive, with multiple firms raising price targets and maintaining bullish ratings on CRWV. Article Title
• Positive Sentiment: CoreWeave said it ranked No. 1 for inference speed and price-performance in an independent benchmark for Moonshot AI’s Kimi K2.6 model, reinforcing its competitiveness in AI cloud infrastructure. Article Title
• Neutral Sentiment: CoreWeave announced it will participate in the J.P. Morgan Global Technology, Media and Communications Conference on May 19, which is mainly an investor-relations event unless it delivers new business updates. Article Title
• Negative Sentiment: COO Sachin Jain sold 14,750 shares, a transaction that can weigh on sentiment even though the company said it was tied to tax withholding on vesting equity awards. Article Title
• Negative Sentiment: Additional coverage has highlighted concerns that CoreWeave’s AI growth story could be slowing, while heavy debt and ongoing losses remain key investor worries. Article Title

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.