CoreWeave (NASDAQ:CRWV) Insider Sells $6,267,025.17 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 65,493 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $95.69, for a total value of $6,267,025.17. Following the sale, the insider directly owned 235,883 shares in the company, valued at $22,571,644.27. This trade represents a 21.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CoreWeave Price Performance

CRWV stock opened at $81.75 on Friday. The business has a 50 day moving average price of $107.48 and a 200 day moving average price of $94.71. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock has a market cap of $36.59 billion, a price-to-earnings ratio of -26.29 and a beta of 7.17. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $166.22.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion during the quarter. During the same quarter in the prior year, the company earned ($0.60) EPS. The firm’s revenue was up 111.6% compared to the same quarter last year. Equities research analysts anticipate that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CoreWeave

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC increased its stake in CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after buying an additional 91 shares during the period. Pathway Wealth Management LLC lifted its stake in shares of CoreWeave by 2.9% in the 1st 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 period. Azzad Asset Management Inc. ADV boosted its holdings in shares of CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after acquiring an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after acquiring an additional 121 shares during the period.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating on CoreWeave, suggesting some analysts still see upside despite the selloff. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Positive Sentiment: Some investors and commentators argue the Meta-driven pullback may be overdone because CoreWeave still has a very large AI backlog and strong demand for compute capacity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent designed to speed model iteration and automate analysis; this is a constructive product update, but not an immediate stock-moving event. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: CoreWeave expanded its Livingston headquarters, signaling continued growth, though it has not offset the broader investor concerns. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Negative Sentiment: Meta’s reported move into cloud infrastructure intensified fears that large hyperscalers could become direct competitors, threatening CoreWeave’s future pricing and customer growth. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Multiple insider sales, including CEO Michael Intrator and insider Brannin McBee, added to sentiment pressure and raised questions about valuation after the recent run-up, even though the trades were largely tied to tax withholding under 10b5-1 plans. CoreWeave Just Slipped Under $50 Billion. Is the Debt Finally Catching Up?

Analyst Upgrades and Downgrades

CRWV has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $135.00 price target on shares of CoreWeave in a research note on Friday, May 8th. Truist Financial upped their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Bank of America raised 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. Mizuho lifted their target price on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Wolfe Research assumed coverage on CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 target price for the company. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and a consensus price target of $135.00.

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.