CoreWeave (NASDAQ:CRWV) Shares Gap Down After Insider Selling

Shares of CoreWeave Inc. (NASDAQ:CRWV) gapped down before the market opened on Friday after an insider sold shares in the company. The stock had previously closed at $97.14, but opened at $93.56. CoreWeave shares last traded at $90.07, with a volume of 8,685,518 shares traded.

Specifically, insider Brannin Mcbee sold 25,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $91.73, for a total transaction of $2,293,250.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Brannin Mcbee sold 102,830 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $91.73, for a total transaction of $9,432,595.90. Following the transaction, the insider directly owned 248,664 shares of the company’s stock, valued at approximately $22,809,948.72. This represents a 29.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In related news, insider Brannin Mcbee sold 5,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $91.81, for a total value of $504,955.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CRWV shares. Macquarie Infrastructure restated a “neutral” rating and set a $115.00 price objective on shares of CoreWeave in a report on Tuesday, January 27th. Evercore lowered their price target on CoreWeave from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Wells Fargo & Company dropped their price target on CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Barclays reduced their price objective on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Monday, January 12th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $110.00 target price on shares of CoreWeave in a report on Tuesday, November 11th. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $125.45.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: NVIDIA kept CoreWeave among the neocloud names it continues to hold in its latest 13F filing, signaling institutional confidence in CoreWeave’s role in AI infrastructure. NVIDIA’s 13F Bombshell
• Positive Sentiment: CoreWeave reports a very large revenue backlog (~$55B), which supports medium-term revenue visibility for AI capacity demand. $55 Billion Backlog Cannot Hide CoreWeave’s $29 Billion Debt Reality
• Positive Sentiment: Analyst/retail coverage is upbeat about CoreWeave’s growth runway in AI workloads, with bullish features highlighting explosive revenue growth potential. This AI Stock Could Offer Life-Changing Gains
• Neutral Sentiment: Pre-market trading showed movement ahead of next week’s earnings, indicating investors are positioning for the report rather than reacting to new operational results. What’s Going On With CoreWeave Stock On Friday?
• Neutral Sentiment: Short-interest data in the public feed appears inconsistent/insignificant, so it’s not clearly influencing intraday moves right now.
• Negative Sentiment: Multiple securities-fraud class actions and numerous law-firm notices have been filed/published, creating potential litigation risk, distraction and possible damages exposure for the company. Pomerantz Law Firm Announces the Filing of a Class Action
• Negative Sentiment: Coverage highlighting CoreWeave’s roughly $29B debt burden tempers enthusiasm about the backlog—high leverage raises execution and refinancing risk. 55 Billion Backlog Cannot Hide CoreWeave’s $29 Billion Debt Reality
• Negative Sentiment: Material insider selling (multiple filings show senior insider Brannin Mcbee sold large blocks in mid-February), which investors often view as a negative signal about near-term insider conviction. Insider Trades — Brannin Mcbee

CoreWeave Price Performance

The business’s 50 day moving average price is $86.50 and its 200-day moving average price is $101.09. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 2.66. The company has a market cap of $34.65 billion and a PE ratio of -61.84.

Institutional Trading of CoreWeave

Large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC boosted its holdings in CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares during the last quarter. Family Legacy Financial Solutions LLC increased its holdings in CoreWeave by 166.7% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 125 shares during the last quarter. HighMark Wealth Management LLC acquired a new position in shares of CoreWeave in the 3rd quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in shares of CoreWeave during the 3rd quarter valued at approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of CoreWeave during the 3rd quarter valued at approximately $27,000.

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.