CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 7,335 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 7,335 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $131.13, for a total value of $961,838.55. Following the sale, the chief operating officer directly owned 104,068 shares of the company’s stock, valued at $13,646,436.84. This represents a 6.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sachin Jain also recently made the following trade(s):

• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $120.00, for a total value of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The stock was sold at an average price of $105.00, for a total value of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total value of $363,676.00.

CoreWeave Trading Down 11.4%

NASDAQ CRWV opened at $114.15 on Friday. The business has a 50 day simple moving average of $94.19 and a 200 day simple moving average of $92.34. CoreWeave Inc. has a one year low of $50.18 and a one year high of $187.00. The stock has a market capitalization of $50.57 billion, a P/E ratio of -36.70 and a beta of 7.84. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 47.88% and a negative net margin of 25.57%.The business had revenue of $1.57 billion for the quarter. The firm’s revenue was up 110.4% on a year-over-year basis. Research analysts expect that CoreWeave Inc. will post -4.15 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $135.00 price objective on shares of CoreWeave in a research note on Friday. Jefferies Financial Group raised their price objective on CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial raised their price objective on CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research note on Friday. Wolfe Research assumed coverage on CoreWeave in a research note on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price objective for the company. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of CoreWeave in a research note on Monday. Twenty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.09.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CRWV. AE Wealth Management LLC bought a new stake in CoreWeave during the third quarter worth $4,241,000. Vanguard Group Inc. lifted its holdings in CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after acquiring an additional 20,487,478 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in CoreWeave by 6,022.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after acquiring an additional 110,926 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in CoreWeave by 67.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after acquiring an additional 26,907 shares during the period. Finally, Hidden Lake Asset Management LP bought a new stake in CoreWeave during the third quarter worth $14,814,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said bookings hit the strongest level in company history and backlog remains very large, reinforcing that demand for AI infrastructure is still extremely strong. CoreWeave Reports ‘Strongest’ Bookings
• Positive Sentiment: Analysts and commentators remain constructive on the long-term AI growth story, with some saying the pullback may create an attractive entry point despite near-term volatility. Seeking Alpha rating upgrade
• Neutral Sentiment: The company also highlighted product momentum, including expanded SUNK capabilities and SUNK Anywhere, which could support customer adoption over time. CoreWeave expands SUNK capabilities
• Neutral Sentiment: JPMorgan and Mizuho raised price targets but kept neutral ratings, suggesting Wall Street sees value but is still cautious on the stock’s near-term execution risk. Analyst target updates
• Negative Sentiment: CoreWeave reported a larger quarterly loss than expected as operating expenses climbed, fueling concerns that profitability remains distant even with rapid revenue growth. WSJ on widened Q1 loss
• Negative Sentiment: Second-quarter revenue guidance came in below consensus, and the company also lifted its capital spending outlook, creating concern about slower conversion of demand into revenue and continued heavy investment. CoreWeave forecast miss and higher capex
• Negative Sentiment: Recent insider and major shareholder selling, including sales by CEO Michael Intrator, Brian Venturo, Chen Goldberg, and Magnetar Financial, is adding short-term pressure on sentiment. CEO Form 4 filing

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.