CoreWeave (NASDAQ:CRWV) CEO Sells $6,888,224.88 in Stock

by · The Markets Daily

CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CEO Michael Intrator sold 78,552 shares of the company’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total value of $6,888,224.88. Following the sale, the chief executive officer owned 548,935 shares of the company’s stock, valued at $48,136,110.15. The trade was a 12.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CoreWeave Stock Performance

CRWV opened at $89.62 on Monday. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a market cap of $41.12 billion, a P/E ratio of -24.55 and a beta of 7.36. The company’s 50 day moving average is $87.05 and its 200-day moving average is $94.72.

CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) EPS. Equities research analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: Oppenheimer initiated or reiterated a Buy view on CoreWeave, adding to a series of favorable analyst opinions. William Blair also began coverage with an Outperform rating, while Jefferies said capacity constraints and demand visibility extending toward 2028 support its bullish case. CoreWeave Gets a Buy from Oppenheimer
  • Positive Sentiment: UBS expects the AI-infrastructure market to remain strong, reinforcing the demand outlook for CoreWeave’s GPU-cloud and data-center services. UBS Sees AI Infrastructure Market Staying Hot
  • Positive Sentiment: CoreWeave is expanding beyond traditional GPU rentals through NVIDIA Vera and Vera Rubin systems, its Forge AI-development environment and a new Partner Network. The initiatives target agentic AI, inference and enterprise workloads, potentially broadening revenue sources and customer reach. CoreWeave’s Vera Rubin Push
  • Positive Sentiment: A new partner ecosystem and a clinical-AI deployment with Ennoble Care could help CoreWeave expand its customer base and showcase inference applications. CoreWeave Partner Network and AI Deals
  • Neutral Sentiment: The bullish case emphasizes CoreWeave’s sizable backlog and rapid revenue growth, but the company is spending heavily to build capacity and relies substantially on debt and long-term leases.
  • Negative Sentiment: Valuation concerns remain significant: investors must account for GPU replacement costs, interest expense and depreciation rather than relying solely on EBITDA. Critics also warn that expanding compute supply could eventually pressure pricing and returns. What Is CoreWeave Worth After the Cost of Replacing Its GPUs?
  • Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $26.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the transaction may still weigh on sentiment.

Analysts Set New Price Targets

A number of research firms have commented on CRWV. Roth Capital set a $145.00 price target on CoreWeave in a research report on Thursday, August 13th. Wolfe Research reiterated an “outperform” rating on shares of CoreWeave in a report on Monday, July 6th. Truist Financial lifted their price objective on shares of CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a report on Monday, August 24th. TD Cowen upgraded CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Rothschild & Co Redburn initiated coverage on shares of CoreWeave in a report on Monday, September 21st. They set a “sell” rating and a $54.00 price objective on the stock. Twenty-three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, CoreWeave currently has an average rating of “Moderate Buy” and a consensus target price of $138.78.

Check Out Our Latest Report on CoreWeave

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CRWV. Essential Partners LLC purchased a new position in shares of CoreWeave in the second quarter valued at $30,000. Peterson Wealth Services raised its stake in CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock valued at $31,000 after purchasing an additional 245 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in CoreWeave in the 1st quarter worth approximately $31,000. Burnham & Co LLC bought a new position in shares of CoreWeave in the 2nd quarter worth $32,000. Finally, Manchester Capital Management LLC raised its position in shares of CoreWeave by 110.9% during the 4th quarter. Manchester Capital Management LLC now owns 485 shares of the company’s stock valued at $35,000 after buying an additional 255 shares in the last quarter.

About CoreWeave

(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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