Insider Selling: CoreWeave (NASDAQ:CRWV) COO Sells $629,236.53 in Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 13,611 shares of the stock in a transaction on Monday, November 9th. The shares were sold at an average price of $46.23, for a total value of $629,236.53. Following the sale, the chief operating officer directly owned 177,224 shares in the company, valued at $8,193,065.52. This trade represents a 7.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sachin Jain also recently made the following trade(s):

• On Wednesday, September 30th, Sachin Jain sold 4 shares of CoreWeave stock. The shares were sold at an average price of $87.69, for a total value of $350.76.
• On Thursday, August 20th, Sachin Jain sold 6,339 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $582,427.32.
• On Wednesday, August 12th, Sachin Jain sold 1 shares of CoreWeave stock. The stock was sold at an average price of $110.00, for a total value of $110.00.

CoreWeave Stock Down 0.5%

Shares of NASDAQ CRWV traded down $0.25 during mid-day trading on Tuesday, reaching $48.73. 84,166,498 shares of the company were exchanged, compared to its average volume of 32,430,129. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The stock has a market cap of $22.36 billion, a price-to-earnings ratio of -13.35 and a beta of 7.71. CoreWeave Inc. has a 1 year low of $40.58 and a 1 year high of $138.25. The firm has a 50-day moving average of $74.86 and a 200 day moving average of $89.66.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data 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. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. The company had revenue of $2.58 billion for the quarter. During the same period in the previous year, the business earned ($0.27) EPS. CoreWeave’s revenue for the quarter was up 112.5% compared to the same quarter last year. On average, research analysts expect that CoreWeave Inc. will post -4.97 earnings per share for the current year.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue rose 168% year over year to $3.66 billion, beating expectations, while the quarterly loss per share of $0.95 was narrower than analysts expected. Management raised full-year revenue guidance to at least $13 billion, and reported a backlog of roughly $132.5 billion—evidence of sustained demand for AI computing capacity. CoreWeave beats on revenue and lifts guidance
• Positive Sentiment: A multi-year deal to provide Wayve with cloud computing capacity and NVIDIA Blackwell GPUs broadens CoreWeave’s customer exposure into autonomous driving and “physical AI.” CoreWeave expands into physical AI with Wayve deal
• Negative Sentiment: Investors are still weighing the risks of CoreWeave’s debt-funded data-center buildout. Reports that its bond yields have climbed above 15% highlight potentially expensive financing, while substantial capital needs and interest costs could pressure profitability and access to funding. CoreWeave reports earnings; financing in focus

Analyst Ratings Changes

Several analysts have commented on the stock. Roth Capital set a $145.00 price target on shares of CoreWeave in a research report on Thursday, August 13th. Wells Fargo & Company cut their price objective on shares of CoreWeave from $160.00 to $115.00 and set an “overweight” rating on the stock in a research report on Monday. Mizuho reduced their price objective on shares of CoreWeave from $115.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. William Blair assumed coverage on shares of CoreWeave in a research note on Wednesday, September 30th. They set an “outperform” rating for the company. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of CoreWeave in a research report on Monday, October 19th. Twenty-seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $125.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB boosted its position in CoreWeave by 241.1% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares in the last quarter. Essential Partners LLC acquired a new stake in CoreWeave in the second quarter valued at approximately $30,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of CoreWeave in the first quarter valued at approximately $31,000. Burnham & Co LLC purchased a new stake in shares of CoreWeave in the second quarter valued at approximately $32,000. Finally, Allied Private Wealth LLC purchased a new stake in shares of CoreWeave in the second quarter valued at approximately $40,000.

CoreWeave Company Profile

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.