CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) COO Sachin Jain sold 3,798 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $120.00, for a total transaction of $455,760.00. Following the sale, the chief operating officer directly owned 127,629 shares of the company’s stock, valued at approximately $15,315,480. This represents a 2.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sachin Jain also recently made the following trade(s):
- On Thursday, May 28th, Sachin Jain sold 898 shares of CoreWeave stock. The shares were sold at an average price of $110.00, for a total transaction of $98,780.00.
- On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total transaction of $636,552.14.
- On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The shares were sold at an average price of $118.61, for a total transaction of $1,749,497.50.
- On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $131.13, for a total transaction of $961,838.55.
- On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $474,360.00.
- On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $105.00, for a total transaction of $770,175.00.
- On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $363,676.00.
CoreWeave Stock Performance
Shares of CRWV stock opened at $100.39 on Friday. The firm’s 50 day moving average price is $105.60 and its 200-day moving average price is $91.52. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The firm has a market cap of $44.93 billion, a P/E ratio of -32.28 and a beta of 7.14.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CoreWeave in a research report on Monday, May 4th. JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Citizens Jmp reissued a “market outperform” rating and set a $180.00 price objective on shares of CoreWeave in a research report on Friday, February 27th. BNP Paribas Exane started coverage on shares of CoreWeave in a report on Tuesday. They issued an “outperform” rating and a $192.00 target price on the stock. Finally, Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a report on Tuesday, March 24th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, CoreWeave has a consensus rating of “Moderate Buy” and a consensus price target of $131.52.
Check Out Our Latest Stock Report on CRWV
Key Headlines Impacting CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: BNP Paribas initiated coverage on CoreWeave with an Outperform rating and a $192 price target, reinforcing the case that CRWV remains undervalued relative to its AI growth prospects. BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
- Positive Sentiment: One analysis argued CoreWeave is “underappreciated,” citing stronger near-term revenue visibility, a large backlog, and sold-out 2026 capacity versus peers, which may improve investor confidence in its execution. Nebius Isn’t Expensive, But CoreWeave Is Underappreciated
- Positive Sentiment: CoreWeave expanded multi-year AI infrastructure deals with Anthropic and Meta, including a Meta contract extending to around 2032, which supports future revenue visibility and strengthens the company’s AI infrastructure story. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
- Positive Sentiment: CoreWeave is set to join the Russell 3000 Index, which could increase institutional ownership and trading interest in CRWV. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
- Neutral Sentiment: Several recent insider sales by the CEO, COO, and a major shareholder were disclosed under pre-arranged trading plans, so they do not necessarily signal a change in fundamentals, but they may still weigh on short-term sentiment. Magnetar Financial Llc Sells 112,111 Shares of CoreWeave (NASDAQ:CRWV) Stock
- Negative Sentiment: CoreWeave’s latest earnings showed a wider-than-expected loss, and the company remains unprofitable with a highly leveraged balance sheet, which keeps valuation and execution risk in focus for investors.
Hedge Funds Weigh In On CoreWeave
A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC grew its stake in CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares during the period. Bank of America Corp DE boosted its holdings in CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after acquiring an additional 653,398 shares during the period. Clear Street Group Inc. boosted its holdings in CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after acquiring an additional 1,692,916 shares during the period. Finally, Alyeska Investment Group L.P. boosted its stake in shares of CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after purchasing an additional 3,000,000 shares during the period.
About CoreWeave
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.
Further Reading
- Five stocks we like better than CoreWeave
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
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.
