CoreWeave (NASDAQ:CRWV) EVP Chen Goldberg Sells 18,950 Shares

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) EVP Chen Goldberg sold 18,950 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $90.84, for a total value of $1,721,418.00. Following the completion of the transaction, the executive vice president owned 58,689 shares of the company’s stock, valued at approximately $5,331,308.76. This represents a 24.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Chen Goldberg also recently made the following trade(s):

  • On Thursday, February 5th, Chen Goldberg sold 17,985 shares of CoreWeave stock. The stock was sold at an average price of $79.69, for a total transaction of $1,433,224.65.

CoreWeave Price Performance

Shares of NASDAQ CRWV opened at $99.30 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66. The company’s 50-day moving average price is $87.68 and its 200 day moving average price is $100.41. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00. The stock has a market cap of $38.37 billion and a price-to-earnings ratio of -68.48.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently added to or reduced their stakes in the business. Floyd Financial Group LLC lifted its position in CoreWeave by 111.0% during the fourth quarter. Floyd Financial Group LLC now owns 16,748 shares of the company’s stock worth $1,199,000 after buying an additional 8,809 shares during the period. Virtu Financial LLC acquired a new position in shares of CoreWeave during the 4th quarter valued at about $11,907,000. Mcguire Capital Advisors Inc. acquired a new position in shares of CoreWeave during the 4th quarter valued at about $105,000. Compound Planning Inc. purchased a new position in shares of CoreWeave during the 4th quarter worth about $6,236,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of CoreWeave in the fourth quarter worth approximately $718,000.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Melius Research set a $140.00 price objective on CoreWeave in a research report on Tuesday, November 11th. Jefferies Financial Group cut their price target on CoreWeave from $155.00 to $120.00 and set a “buy” rating for the company in a report on Monday, January 5th. UBS Group restated a “neutral” rating on shares of CoreWeave in a research report on Friday, January 16th. Morgan Stanley lifted their price objective on CoreWeave from $91.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Finally, Compass Point assumed coverage on shares of CoreWeave in a research note on Thursday, November 13th. They issued a “buy” rating and a $150.00 target price for the company. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.45.

View Our Latest Research Report on CRWV

CoreWeave Company Profile

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for CoreWeave (NASDAQ:CRWV)

Receive News & Ratings for CoreWeave Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreWeave and related companies with MarketBeat.com's FREE daily email newsletter.