Brannin Mcbee Sells 144,000 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brannin Mcbee sold 144,000 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $86.13, for a total value of $12,402,720.00. Following the completion of the transaction, the insider directly owned 323,263 shares in the company, valued at $27,842,642.19. The trade was a 30.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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, July 6th, Brannin Mcbee sold 53,000 shares of CoreWeave stock. The stock was sold at an average price of $86.13, for a total value of $4,564,890.00.
• On Monday, June 29th, Brannin Mcbee sold 50,000 shares of CoreWeave stock. The stock was sold at an average price of $94.32, for a total value of $4,716,000.00.
• On Monday, June 29th, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $94.32, for a total value of $13,582,080.00.
• On Monday, June 29th, Brannin Mcbee sold 55,500 shares of CoreWeave stock. The shares were sold at an average price of $94.32, for a total transaction of $5,234,760.00.
• On Tuesday, June 30th, Brannin Mcbee sold 56,707 shares of CoreWeave stock. The stock was sold at an average price of $95.69, for a total transaction of $5,426,292.83.
• On Monday, June 29th, Brannin Mcbee sold 500 shares of CoreWeave stock. The stock was sold at an average price of $94.32, for a total transaction of $47,160.00.
• On Monday, June 22nd, Brannin Mcbee sold 25,000 shares of CoreWeave stock. The shares were sold at an average price of $111.28, for a total transaction of $2,782,000.00.
• On Monday, June 22nd, Brannin Mcbee sold 144,000 shares of CoreWeave stock. The shares were sold at an average price of $111.28, for a total transaction of $16,024,320.00.
• On Monday, June 22nd, Brannin Mcbee sold 28,000 shares of CoreWeave stock. The shares were sold at an average price of $111.28, for a total transaction of $3,115,840.00.
• On Monday, June 22nd, Brannin Mcbee sold 52,500 shares of CoreWeave stock. The stock was sold at an average price of $111.28, for a total transaction of $5,842,200.00.

CoreWeave Stock Performance

Shares of NASDAQ CRWV traded up $6.47 during midday trading on Wednesday, reaching $90.00. 23,758,107 shares of the stock were exchanged, compared to its average volume of 28,025,332. The business has a 50-day simple moving average of $105.88 and a two-hundred day simple moving average of $95.28. CoreWeave Inc. has a 12 month low of $63.80 and a 12 month high of $156.47. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.08 billion during the quarter. During the same period in the prior year, the company posted ($0.60) EPS. The firm’s quarterly revenue was up 111.6% compared to the same quarter last year. On average, analysts anticipate that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Roth Capital reiterated a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a research note on Monday. Wells Fargo & Company raised their target price on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of CoreWeave in a research note on Thursday, June 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of CoreWeave in a report on Thursday, July 2nd. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave secured additional power for its Helios data center, and Galaxy Digital completed delivery of major capacity under a long-term lease. The company said it has now signed more than $40 billion in new commitments, lifting contracted revenue backlog to nearly $100 billion and reinforcing the growth case for CRWV. Article: CoreWeave (CRWV) Secures Helios Power As New Commitments Reach $40 Billion
• Positive Sentiment: Several recent articles argue the selloff in CoreWeave is overdone, pointing to surging data-center demand and potential upside if the company can keep converting AI demand into revenue growth. Article: CoreWeave: Why The Selloff Is Wrong (Rating Upgrade)
• Neutral Sentiment: Market commentary comparing CoreWeave with the QQQ suggests investors are weighing high-growth AI exposure against broader market diversification, which may keep CRWV volatile as traders choose between upside and safety. Article: CRWV Vs. QQQ: Buy CoreWeave for Explosive AI Alpha or Hold QQQ for Insulated Macro Safety?
• Neutral Sentiment: Some analysts say Meta’s move into cloud and AI compute could be a threat to CoreWeave, but others argue the impact may be limited given CoreWeave’s existing momentum and partnerships. Article: Meta Platforms Just Gave a Massive Warning to CoreWeave and Nebius. Is It Time to Sell These AI Infrastructure Stocks?
• Negative Sentiment: Recent pieces warning about increased hyperscaler competition and a fresh valuation test are weighing on sentiment, especially after CoreWeave’s sharp pullback and concerns that customers like Meta could become competitors. Article: CoreWeave: Downgrading On Increased Hyperscaler Competition (Sell)
• Negative Sentiment: Insider selling and bearish commentary on CoreWeave’s recent performance are also adding to concerns that the stock may need stronger execution to justify its valuation. Article: AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise? (CRWV)

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its holdings in shares of 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 last quarter. Pathway Wealth Management LLC increased its holdings in 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 buying an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV raised its position in CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after acquiring an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after acquiring an additional 119 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 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.