CoreWeave (NASDAQ:CRWV) CEO Sells 78,552 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 78,552 shares of CoreWeave stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total transaction of $6,888,224.88. Following the completion of the sale, the chief executive officer owned 548,935 shares in the company, valued at approximately $48,136,110.15. This trade represents a 12.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CoreWeave Trading Up 1.2%

CoreWeave stock traded up $1.05 during mid-day trading on Friday, reaching $89.62. 23,520,665 shares of the company traded hands, compared to its average volume of 29,526,208. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm’s 50 day moving average price is $87.05 and its 200 day moving average price is $94.66. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm had revenue of $2.58 billion during the quarter. During the same period in the prior year, the business posted ($0.27) earnings per share. The company’s revenue for the quarter was up 112.5% on a year-over-year basis. On average, sell-side analysts anticipate that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CRWV has been the subject of several research analyst reports. Sanford C. Bernstein raised their price objective on shares of CoreWeave from $67.00 to $74.00 and gave the stock an “underperform” rating in a report on Wednesday, August 12th. UBS Group started coverage on CoreWeave in a report on Tuesday, September 22nd. They set a “buy” rating and a $120.00 target price on the stock. The Goldman Sachs Group increased their target price on CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Btg Pactual set a $125.00 target price on CoreWeave in a research note on Monday, September 21st. Finally, Raymond James Financial lowered CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Twenty-three analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.78.

Institutional Investors Weigh In On CoreWeave

Several hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its position in shares of CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after acquiring an additional 91 shares in the last quarter. Pathway Wealth Management LLC lifted its position in CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after acquiring an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its stake in CoreWeave by 2.1% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after purchasing an additional 104 shares during the last quarter. WPG Advisers LLC boosted its stake in CoreWeave by 14.1% during the 1st quarter. WPG Advisers LLC now owns 1,159 shares of the company’s stock valued at $90,000 after purchasing an additional 143 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of CoreWeave by 3.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock worth $411,000 after purchasing an additional 145 shares in the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Oppenheimer initiated or reiterated a Buy view on CoreWeave, adding to a series of favorable analyst opinions. William Blair also began coverage with an Outperform rating, while Jefferies said capacity constraints and demand visibility extending toward 2028 support its bullish case. CoreWeave Gets a Buy from Oppenheimer
• Positive Sentiment: UBS expects the AI-infrastructure market to remain strong, reinforcing the demand outlook for CoreWeave’s GPU-cloud and data-center services. UBS Sees AI Infrastructure Market Staying Hot
• Positive Sentiment: CoreWeave is expanding beyond traditional GPU rentals through NVIDIA Vera and Vera Rubin systems, its Forge AI-development environment and a new Partner Network. The initiatives target agentic AI, inference and enterprise workloads, potentially broadening revenue sources and customer reach. CoreWeave’s Vera Rubin Push
• Positive Sentiment: A new partner ecosystem and a clinical-AI deployment with Ennoble Care could help CoreWeave expand its customer base and showcase inference applications. CoreWeave Partner Network and AI Deals
• Neutral Sentiment: The bullish case emphasizes CoreWeave’s sizable backlog and rapid revenue growth, but the company is spending heavily to build capacity and relies substantially on debt and long-term leases.
• Negative Sentiment: Valuation concerns remain significant: investors must account for GPU replacement costs, interest expense and depreciation rather than relying solely on EBITDA. Critics also warn that expanding compute supply could eventually pressure pricing and returns. What Is CoreWeave Worth After the Cost of Replacing Its GPUs?
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $26.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the transaction may still weigh on sentiment.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.