CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CFO Nitin Agrawal sold 58,429 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $116.70, for a total transaction of $6,818,664.30. Following the sale, the chief financial officer directly owned 193,771 shares in the company, valued at approximately $22,613,075.70. The trade was a 23.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nitin Agrawal also recently made the following trade(s):
- On Thursday, June 11th, Nitin Agrawal sold 63,891 shares of CoreWeave stock. The shares were sold at an average price of $93.35, for a total value of $5,964,224.85.
- On Wednesday, May 27th, Nitin Agrawal sold 5,508 shares of CoreWeave stock. The stock was sold at an average price of $102.17, for a total value of $562,752.36.
- On Wednesday, May 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total value of $1,004,388.84.
- On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total value of $1,288.00.
- On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total value of $1,184.80.
CoreWeave Trading Up 2.4%
Shares of CRWV stock opened at $117.95 on Friday. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The company has a market cap of $52.79 billion, a price-to-earnings ratio of -37.93 and a beta of 7.14. The stock has a 50 day simple moving average of $110.37 and a 200-day simple moving average of $93.70. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $187.00.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC grew its position in shares of 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 in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in CoreWeave during the third quarter worth $27,000. Cullen Frost Bankers Inc. boosted its stake in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the last quarter. Greenline Wealth Management LLC purchased a new stake in CoreWeave in the 4th quarter valued at $28,000. Finally, Rothschild Investment LLC increased its stake in shares of CoreWeave by 10,700.0% in the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after acquiring an additional 214 shares during the last quarter.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the stock. Barclays boosted their target price on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Wolfe Research assumed coverage on CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price objective on the stock. Evercore reiterated an “outperform” rating and set a $150.00 price objective on shares of CoreWeave in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $135.00 target price on shares of CoreWeave in a report on Friday, May 8th. Finally, Sanford C. Bernstein reiterated an “underperform” rating on shares of CoreWeave in a research report on Thursday, June 11th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.52.
Read Our Latest Stock Analysis on CoreWeave
More CoreWeave News
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave is getting a lift from its upcoming addition to the Nasdaq-100, which can trigger index-related buying and has helped fuel strong recent momentum. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
- Positive Sentiment: The company reported record MLPerf training results, reinforcing its reputation as a leading AI infrastructure platform and supporting the growth narrative around CRWV. CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
- Positive Sentiment: Coverage highlighting CoreWeave’s expanding AI backlog, including commentary about a roughly $32 billion backlog addition, is feeding optimism that demand remains very strong. CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
- Neutral Sentiment: Several insiders, including EVP Chen Goldberg and Brannin McBee, sold shares, but the trades were made under pre-arranged 10b5-1 plans, making them less alarming to investors. SEC filing for Chen Goldberg sale
- Neutral Sentiment: Analysts and commentators continue to flag CoreWeave’s heavy capex, leverage, and valuation as risks, even while acknowledging the company’s rapid AI-driven growth. CoreWeave Guides $31-$35B Capex for 2026: Fuel or Financial Strain?
- Negative Sentiment: Broader skepticism about the AI capex boom and bubble comparisons could pressure sentiment toward CRWV if investors turn more risk-averse. Legendary Short Seller Jim Chanos Issues Dire Prediction
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.
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