Nitin Agrawal Sells 10,062 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 10,062 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $99.82, for a total transaction of $1,004,388.84. Following the completion of the transaction, the chief financial officer directly owned 199,279 shares of the company’s stock, valued at approximately $19,892,029.78. This represents a 4.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nitin Agrawal also recently made the following trade(s):

• On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total transaction of $1,288.00.
• On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The stock was sold at an average price of $74.05, for a total transaction of $1,184.80.
• On Tuesday, March 17th, Nitin Agrawal sold 38,456 shares of CoreWeave stock. The shares were sold at an average price of $83.23, for a total value of $3,200,692.88.
• On Wednesday, March 11th, Nitin Agrawal sold 63,157 shares of CoreWeave stock. The stock was sold at an average price of $79.68, for a total value of $5,032,349.76.
• On Tuesday, March 3rd, Nitin Agrawal sold 3,920 shares of CoreWeave stock. The shares were sold at an average price of $73.20, for a total value of $286,944.00.

CoreWeave Trading Down 1.9%

NASDAQ CRWV traded down $2.09 during trading hours on Friday, hitting $105.49. 19,860,247 shares of the company’s stock were exchanged, compared to its average volume of 29,885,526. The business’s 50 day moving average is $100.22 and its 200-day moving average is $90.88. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The firm has a market capitalization of $47.21 billion, a P/E ratio of -33.92 and a beta of 7.84. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $1.57 billion for the quarter. The company’s quarterly revenue was up 110.4% compared to the same quarter last year. As a group, analysts anticipate that CoreWeave Inc. will post -4.58 EPS for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp purchased a new stake in CoreWeave during the 3rd quarter worth $27,000. Aspect Partners LLC purchased a new stake in CoreWeave during the 3rd quarter worth $28,000. Rothschild Investment LLC increased its stake in CoreWeave by 10,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after buying an additional 214 shares during the period. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in CoreWeave during the 3rd quarter worth $30,000. Finally, UMB Bank n.a. purchased a new stake in CoreWeave during the 3rd quarter worth $34,000.

Analyst Upgrades and Downgrades

CRWV has been the topic of a number of research analyst reports. Wolfe Research initiated coverage on shares of CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price target on the stock. HC Wainwright reiterated a “buy” rating and issued a $180.00 price target on shares of CoreWeave in a report on Monday, March 2nd. Roth Mkm reiterated a “buy” rating and issued a $150.00 price target on shares of CoreWeave in a report on Friday, May 8th. DA Davidson reiterated a “neutral” rating and issued a $100.00 price target (down from $175.00) on shares of CoreWeave in a report on Monday. Finally, Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Tuesday, March 24th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.63.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
• Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
• Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
• Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock

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.