Insider Selling: CoreWeave (NASDAQ:CRWV) CEO Sells $17,330,000.00 in Stock

by · The Cerbat Gem

CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $86.65, for a total transaction of $17,330,000.00. Following the completion of the transaction, the chief executive officer directly owned 487,129 shares in the company, valued at approximately $42,209,727.85. The trade was a 29.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Up 1.7%

CRWV stock traded up $1.45 during trading hours on Thursday, reaching $88.57. 20,406,619 shares of the stock were exchanged, compared to its average volume of 29,442,900. The firm’s 50-day moving average is $86.70 and its 200-day moving average is $94.70. 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 Inc. has a 12 month low of $60.55 and a 12 month high of $153.20.

CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts’ consensus estimates 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%.The business’s revenue for the quarter was up 112.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.27) earnings per share. As a group, sell-side analysts anticipate that CoreWeave Inc. will post -5.2 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRWV. Alyeska Investment Group L.P. raised its position in CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after purchasing an additional 3,897,741 shares during the last quarter. State Street Corp boosted its stake in CoreWeave by 139.7% during the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after acquiring an additional 4,113,873 shares in the last quarter. Bank of America Corp DE grew its holdings in CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after purchasing an additional 653,398 shares during the period. Clear Street Group Inc. increased its stake in CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after purchasing an additional 1,692,916 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of CoreWeave by 22,624.0% during the fourth 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 during the period.

Analyst Ratings Changes

CRWV has been the subject of several research reports. Roth Capital set a $145.00 price target on shares of CoreWeave in a research note on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a report on Monday, September 21st. Piper Sandler reissued an “overweight” rating and set a $153.00 price target (up from $151.00) on shares of CoreWeave in a report on Wednesday, August 12th. Truist Financial upped their price objective on CoreWeave from $155.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, UBS Group began coverage on CoreWeave in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $120.00 price objective on the stock. Twenty-three analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, CoreWeave currently has an average rating of “Moderate Buy” and an average target price of $138.78.

Read Our Latest Research Report on CRWV

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: William Blair initiated coverage with an Outperform rating, citing rapid AI adoption, strong demand for compute, premium pricing and potential for rising revenue per gigawatt. The bullish note has helped improve sentiment toward CoreWeave after its steep one-year decline. William Blair starts coverage of CoreWeave with an Outperform rating
  • Positive Sentiment: CoreWeave expanded its AI infrastructure offering by adding NVIDIA Vera CPUs and making the Vera Rubin NVL72 platform available at production scale, with Cognition as an initial customer. The company also launched Forge, a unified AI development environment, and the CoreWeave Partner Network, which includes validated integrations from companies such as CrowdStrike, VAST Data, Reflection and ClickHouse. These initiatives could broaden enterprise adoption and strengthen CoreWeave’s position in AI workloads. CoreWeave unveils Forge, Partner Network and NVIDIA Vera support
  • Positive Sentiment: CEO Michael Intrator said tighter data-center regulations and local opposition may shift where facilities are built, but are not reducing underlying customer demand for AI capacity. That message supports the company’s backlog and growth outlook. CoreWeave CEO says there is no reduction in orders
  • Neutral Sentiment: CoreWeave’s recent quarterly revenue increased 112.5% year over year to $2.58 billion, and adjusted results exceeded consensus expectations. However, the company remains unprofitable, with analysts expecting a substantial full-year loss.
  • Negative Sentiment: The bond market remains cautious about CoreWeave’s heavy debt burden and financing needs. With a reported debt-to-equity ratio above 5, higher interest rates or weaker AI-cloud pricing could pressure cash flow and equity valuation. CoreWeave bond market remains cautious
  • Negative Sentiment: A bearish industry view warns that rapid data-center expansion could create excess compute supply and push prices lower, undermining returns on CoreWeave’s large capital investments. A pending shareholder lawsuit adds another risk overhang. CoreWeave faces potential AI data-center pricing pressure

CoreWeave Company Profile

(Get Free Report)

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.

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