Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells 97,500 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Kristen Mcveety sold 97,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $93.94, for a total transaction of $9,159,150.00. Following the completion of the transaction, the insider directly owned 123,313 shares of the company’s stock, valued at $11,584,023.22. This represents a 44.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Down 6.1%

Shares of CRWV traded down $5.82 during mid-day trading on Thursday, reaching $89.12. The company’s stock had a trading volume of 27,746,010 shares, compared to its average volume of 23,176,834. The business has a fifty day moving average of $85.54 and a 200 day moving average of $94.39. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The business 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%.The business’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.27) EPS. Sell-side analysts predict that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Key Headlines Impacting CoreWeave

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

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRWV. California State Teachers Retirement System lifted its stake in CoreWeave by 12,886.8% in the second quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company’s stock valued at $4,136,817,000 after acquiring an additional 41,239,333 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of CoreWeave by 446,194.0% during 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 during the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after purchasing an additional 3,796,077 shares in the last quarter. Finally, Altimeter Capital Management LP acquired a new stake in shares of CoreWeave in the 4th quarter valued at $230,099,000.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRWV. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research report on Thursday, August 13th. The Goldman Sachs Group boosted their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Roth Capital set a $145.00 price objective on shares of CoreWeave in a research note on Thursday, August 13th. Wells Fargo & Company lifted their target price on shares of CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Finally, UBS Group restated an “underperform” rating on shares of CoreWeave in a report on Wednesday, August 12th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.90.

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.