CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brannin Mcbee sold 144,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $85.51, for a total transaction of $12,313,440.00. Following the transaction, the insider owned 327,691 shares of the company’s stock, valued at $28,020,857.41. This trade represents a 30.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Brannin Mcbee also recently made the following trade(s):
- On Monday, August 24th, Brannin Mcbee sold 105,500 shares of CoreWeave stock. The shares were sold at an average price of $85.51, for a total value of $9,021,305.00.
- On Monday, August 24th, Brannin Mcbee sold 500 shares of CoreWeave stock. The stock was sold at an average price of $85.51, for a total value of $42,755.00.
- On Thursday, August 20th, Brannin Mcbee sold 3,610 shares of CoreWeave stock. The shares were sold at an average price of $91.88, for a total value of $331,686.80.
- On Monday, August 17th, Brannin Mcbee sold 50,000 shares of CoreWeave stock. The stock was sold at an average price of $106.08, for a total value of $5,304,000.00.
- On Monday, August 17th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $106.08, for a total transaction of $15,275,520.00.
- On Monday, August 17th, Brannin Mcbee sold 55,500 shares of CoreWeave stock. The stock was sold at an average price of $106.08, for a total transaction of $5,887,440.00.
- On Monday, August 17th, Brannin Mcbee sold 500 shares of CoreWeave stock. The shares were sold at an average price of $106.10, for a total transaction of $53,050.00.
- On Monday, August 10th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $89.73, for a total transaction of $12,921,120.00.
- On Monday, August 10th, Brannin Mcbee sold 53,000 shares of CoreWeave stock. The stock was sold at an average price of $89.73, for a total transaction of $4,755,690.00.
- On Monday, August 3rd, Brannin Mcbee sold 17,684 shares of CoreWeave stock. The shares were sold at an average price of $81.09, for a total value of $1,433,995.56.
CoreWeave Price Performance
NASDAQ:CRWV traded down $0.03 during trading hours on Wednesday, hitting $88.01. 13,327,157 shares of the company were exchanged, compared to its average volume of 32,564,624. CoreWeave Inc. has a one year low of $60.55 and a one year high of $153.20. The company has a fifty day simple moving average of $88.46 and a 200 day simple moving average of $94.89. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on CRWV shares. Cantor Fitzgerald set a $176.00 price objective on shares of CoreWeave and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Mizuho lifted their price objective on CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Barclays boosted their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and an average target price of $141.90.
Get Our Latest Analysis on CRWV
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its holdings in CoreWeave by 12,886.8% during the 2nd quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company’s stock worth $4,136,817,000 after purchasing an additional 41,239,333 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of 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 in the last quarter. Proficio Capital Partners LLC boosted its position in shares of CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in shares of CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after buying an additional 3,897,741 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in CoreWeave by 13.1% during the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after buying an additional 653,398 shares in the last quarter.
Key Headlines Impacting CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Expanded Rescale partnership: Rescale is expanding its cloud ecosystem to CoreWeave Cloud, allowing customers in aerospace, automotive, energy, life sciences and manufacturing to run AI and simulation workloads. The agreement could broaden CoreWeave’s customer base and improve utilization of its AI infrastructure. Rescale Expands Cloud Ecosystem with CoreWeave for Engineering and AI Workloads
- Positive Sentiment: AI infrastructure demand remains a bullish theme: Articles comparing CRWV with Applied Digital and identifying potential AI stock winners highlight continued demand for GPU computing and specialized cloud capacity. A proposed “neocloud” investment theme also provides broader industry validation, although these reports are largely analytical rather than new company-specific catalysts. CRWV vs. APLD: Which AI Data Center Stock Has More Upside Potential?
- Neutral Sentiment: Nvidia pricing debate: One analysis argues that higher Nvidia prices could benefit CoreWeave by signaling strong AI demand and potentially supporting higher cloud-computing rates. However, more expensive GPUs could also increase CoreWeave’s capital requirements and operating costs. CoreWeave: Why Nvidia’s Price Hikes Could Be Good News
- Neutral Sentiment: Competitive and industry risks: Rum Group’s stated intention to compete with CoreWeave and Nebius adds a potential new challenger, while commentary that falling AI prices are not necessarily bearish suggests the long-term demand outlook remains unsettled. Reports regarding Nvidia’s SpaceX investment raise broader questions about AI financing but do not directly change CoreWeave’s fundamentals.
- Negative Sentiment: Insider selling: A report attributed recent weakness in CoreWeave shares to insider selling, which can undermine investor confidence even when the company’s growth outlook remains strong. CoreWeave Stock Price Down on Insider Selling
- Negative Sentiment: Debt and financing risk: CoreWeave’s rapidly expanding data-center capacity comes with roughly $35 billion of debt, reinforcing concerns about leverage, interest costs, liquidity and the need for continued capital spending. Short-interest data showing zero shares appears unreliable and is not a meaningful bullish or bearish signal. CoreWeave’s AI Data Center Capacity Is Exploding
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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