CoreWeave (NASDAQ:CRWV) Shares Gap Down Following Insider Selling

Shares of CoreWeave Inc. (NASDAQ:CRWV) gapped down before the market opened on Friday following insider selling activity. The stock had previously closed at $97.14, but opened at $93.56. CoreWeave shares last traded at $90.07, with a volume of 8,685,518 shares.

Specifically, insider Brannin Mcbee sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $91.73, for a total value of $2,293,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brannin Mcbee sold 102,830 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $91.73, for a total value of $9,432,595.90. Following the completion of the sale, the insider directly owned 248,664 shares of the company’s stock, valued at $22,809,948.72. The trade was a 29.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other CoreWeave news, insider Brannin Mcbee sold 5,500 shares of CoreWeave stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $91.81, for a total transaction of $504,955.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Wall Street Analyst Weigh In

Several analysts recently commented on CRWV shares. Morgan Stanley upped their price target on shares of CoreWeave from $91.00 to $99.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Mizuho lifted their price objective on shares of CoreWeave from $92.00 to $100.00 and gave the company a “neutral” rating in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and increased their target price for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $110.00 price target on shares of CoreWeave in a research report on Tuesday, November 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, December 29th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $125.45.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: NVIDIA kept CoreWeave among the neocloud names it continues to hold in its latest 13F filing, signaling institutional confidence in CoreWeave’s role in AI infrastructure. NVIDIA’s 13F Bombshell
• Positive Sentiment: CoreWeave reports a very large revenue backlog (~$55B), which supports medium-term revenue visibility for AI capacity demand. $55 Billion Backlog Cannot Hide CoreWeave’s $29 Billion Debt Reality
• Positive Sentiment: Analyst/retail coverage is upbeat about CoreWeave’s growth runway in AI workloads, with bullish features highlighting explosive revenue growth potential. This AI Stock Could Offer Life-Changing Gains
• Neutral Sentiment: Pre-market trading showed movement ahead of next week’s earnings, indicating investors are positioning for the report rather than reacting to new operational results. What’s Going On With CoreWeave Stock On Friday?
• Neutral Sentiment: Short-interest data in the public feed appears inconsistent/insignificant, so it’s not clearly influencing intraday moves right now.
• Negative Sentiment: Multiple securities-fraud class actions and numerous law-firm notices have been filed/published, creating potential litigation risk, distraction and possible damages exposure for the company. Pomerantz Law Firm Announces the Filing of a Class Action
• Negative Sentiment: Coverage highlighting CoreWeave’s roughly $29B debt burden tempers enthusiasm about the backlog—high leverage raises execution and refinancing risk. 55 Billion Backlog Cannot Hide CoreWeave’s $29 Billion Debt Reality
• Negative Sentiment: Material insider selling (multiple filings show senior insider Brannin Mcbee sold large blocks in mid-February), which investors often view as a negative signal about near-term insider conviction. Insider Trades — Brannin Mcbee

CoreWeave Stock Performance

The stock’s 50 day moving average price is $86.50 and its two-hundred day moving average price is $101.09. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66. The firm has a market capitalization of $34.65 billion and a price-to-earnings ratio of -61.84.

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Capital LLC lifted its holdings in CoreWeave by 49.9% in the 3rd quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock valued at $6,454,000 after purchasing an additional 15,697 shares in the last quarter. Munro Partners lifted its stake in shares of CoreWeave by 5,272.4% during the third quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after buying an additional 605,010 shares during the period. AE Wealth Management LLC acquired a new stake in CoreWeave during the third quarter worth approximately $4,241,000. Rockline Wealth Management LLC purchased a new stake in CoreWeave in the 2nd quarter worth approximately $951,000. Finally, HWG Holdings LP acquired a new position in CoreWeave in the 3rd quarter valued at $1,863,000.

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.