CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brannin Mcbee sold 144,000 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $101.84, for a total transaction of $14,664,960.00. Following the completion of the sale, the insider directly owned 258,852 shares of the company’s stock, valued at $26,361,487.68. This represents a 35.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Brannin Mcbee also recently made the following trade(s):
- On Monday, June 8th, Brannin Mcbee sold 50,500 shares of CoreWeave stock. The shares were sold at an average price of $101.84, for a total transaction of $5,142,920.00.
- On Monday, June 8th, Brannin Mcbee sold 55,500 shares of CoreWeave stock. The shares were sold at an average price of $101.84, for a total transaction of $5,652,120.00.
- On Wednesday, May 20th, Brannin Mcbee sold 3,683 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total transaction of $367,637.06.
- On Monday, April 27th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $9,540,125.00.
- On Monday, April 27th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The stock was sold at an average price of $109.03, for a total transaction of $21,806,000.00.
- On Monday, April 27th, Brannin Mcbee sold 45,850 shares of CoreWeave stock. The stock was sold at an average price of $109.03, for a total transaction of $4,999,025.50.
- On Monday, April 20th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The stock was sold at an average price of $115.94, for a total transaction of $10,144,750.00.
- On Monday, April 20th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The stock was sold at an average price of $115.93, for a total transaction of $23,186,000.00.
- On Monday, April 20th, Brannin Mcbee sold 45,830 shares of CoreWeave stock. The stock was sold at an average price of $115.94, for a total transaction of $5,313,530.20.
- On Monday, April 13th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The stock was sold at an average price of $110.81, for a total transaction of $11,081,000.00.
CoreWeave Price Performance
CRWV stock traded down $2.84 during mid-day trading on Wednesday, hitting $95.61. 17,558,127 shares of the company were exchanged, compared to its average volume of 27,080,140. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The business has a fifty day simple moving average of $107.04 and a 200-day simple moving average of $92.18.
More CoreWeave News
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave remains positioned as a key AI infrastructure provider, and one report highlighted a $6 billion AI cloud agreement with Jane Street that included a $1 billion equity investment, reinforcing the company’s growth story and long-term customer demand. CoreWeave Jane Street AI Cloud Pact Reframes Growth And Valuation Story
- Positive Sentiment: Several market commentaries pointed to strong analyst support and an AI-driven backlog as reasons some investors still view CRWV as a long-term winner despite recent volatility. Why CoreWeave (CRWV) is a Strategically Important firm in AI Infrastructure?
- Neutral Sentiment: CoreWeave is reportedly exploring high-yield bond offerings in euros and U.S. dollars, including an effort to tap European investors for the first time, which would broaden funding sources but also signal ongoing capital needs. CoreWeave Considers High Yield Bonds As Insider Sales And Volatility Mount
- Neutral Sentiment: One report noted that short interest data was not meaningful, so it did not add a clear new trading catalyst for CRWV.
- Negative Sentiment: Shares were hit by reports that co-founders and major shareholders have sold about $2.3 billion of stock since the IPO, raising concerns that insiders may be cashing out after the lockup expired. CoreWeave founders sold $2.3B in planned stock sales since IPO: report
- Negative Sentiment: The combination of insider selling, volatility, and the prospect of more debt issuance is weighing on sentiment and helping explain why CoreWeave stock has been moving lower. CRWV Dips After Report Of Co-Founders Cashing In $2.3B Stock Since 2025 IPO
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on CRWV. JPMorgan Chase & Co. increased their price target 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. Wolfe Research assumed coverage on shares of CoreWeave in a report on Thursday, April 16th. They set an “outperform” rating and a $150.00 price objective on the stock. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Tuesday, March 24th. Wells Fargo & Company raised their price objective on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Finally, HC Wainwright reissued a “buy” rating and set a $180.00 price objective on shares of CoreWeave in a report on Monday, March 2nd. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $131.52.
Read Our Latest Research Report on CoreWeave
Institutional Trading of CoreWeave
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRWV. NewEdge Advisors LLC grew its position in shares of CoreWeave by 22.2% during the first quarter. NewEdge Advisors LLC now owns 59,155 shares of the company’s stock worth $4,583,000 after acquiring an additional 10,731 shares during the last quarter. CTC Alternative Strategies Ltd. purchased a new position in shares of CoreWeave during the first quarter worth approximately $852,000. Liontrust Investment Partners LLP grew its position in shares of CoreWeave by 24.1% during the first quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock worth $9,897,000 after acquiring an additional 24,843 shares during the last quarter. SOA Wealth Advisors LLC. grew its position in shares of CoreWeave by 79.0% during the first quarter. SOA Wealth Advisors LLC. now owns 886 shares of the company’s stock worth $69,000 after acquiring an additional 391 shares during the last quarter. Finally, Pathway Wealth Management LLC grew its position in shares of CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after acquiring an additional 100 shares during the last quarter.
CoreWeave Company Profile
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.
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