CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 281,250 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 281,250 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $137.80, for a total value of $38,756,250.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

CoreWeave Stock Up 2.0%

CRWV stock opened at $133.71 on Friday. The stock has a market cap of $65.33 billion and a P/E ratio of -117.29. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. The stock’s fifty day simple moving average is $121.76 and its two-hundred day simple moving average is $114.38. CoreWeave Inc. has a 1-year low of $33.51 and a 1-year high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million during the quarter. The business’s quarterly revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently bought and sold shares of the stock. Chelsea Counsel Co. purchased a new position in CoreWeave in the 2nd quarter worth approximately $33,000. Family Legacy Financial Solutions LLC grew its position in CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after acquiring an additional 125 shares in the last quarter. HighMark Wealth Management LLC bought a new position in CoreWeave in the third quarter valued at $27,000. OLD Second National Bank of Aurora bought a new position in CoreWeave in the third quarter valued at $27,000. Finally, Princeton Global Asset Management LLC purchased a new stake in CoreWeave during the third quarter valued at about $28,000.

Analysts Set New Price Targets

CRWV has been the subject of several research analyst reports. Loop Capital initiated coverage on shares of CoreWeave in a research note on Friday, September 19th. They set a “buy” rating and a $165.00 price target for the company. Arete Research raised CoreWeave from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 21st. Bank of America lowered their target price on CoreWeave from $185.00 to $168.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 13th. Citigroup upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $160.00 price target for the company in a research note on Thursday, July 31st. Finally, JMP Securities upgraded CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 price objective on the stock in a research note on Tuesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.64.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.