CoreWeave (NASDAQ:CRWV) Stock: Insider Michael Intrator Sells 78,552 Shares

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator sold 78,552 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total value of $6,888,224.88. Following the completion of the sale, the chief executive officer directly owned 548,935 shares of the company’s stock, valued at approximately $48,136,110.15. This represents a 12.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CoreWeave Stock Performance

NASDAQ CRWV traded up $1.05 on Friday, reaching $89.62. 23,520,665 shares of the company’s stock traded hands, compared to its average volume of 29,526,208. CoreWeave Inc. has a 12 month low of $60.55 and a 12 month high of $153.20. The stock has a 50-day simple moving average of $87.05 and a 200 day simple moving average of $94.66. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm had revenue of $2.58 billion during the quarter. During the same quarter in the previous year, the firm posted ($0.27) earnings per share. The company’s revenue was up 112.5% compared to the same quarter last year. On average, research analysts anticipate that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Truist Financial raised their price objective on CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Jefferies Financial Group lowered CoreWeave from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Sanford C. Bernstein increased their target price on CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a report on Wednesday, August 12th. Piper Sandler restated an “overweight” rating and set a $153.00 price target (up from $151.00) on shares of CoreWeave in a research report on Wednesday, August 12th. Finally, William Blair assumed coverage on CoreWeave in a research note on Wednesday. They issued an “outperform” rating on the stock. Twenty-three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, CoreWeave presently has an average rating of “Moderate Buy” and an average price target of $138.78.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently modified their holdings of CRWV. Alyeska Investment Group L.P. grew its stake in shares of CoreWeave by 55.7% in the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after purchasing an additional 3,897,741 shares during the last quarter. State Street Corp raised its position in CoreWeave by 139.7% during the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after purchasing an additional 4,113,873 shares during the last quarter. Bank of America Corp DE lifted its holdings in CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after buying an additional 653,398 shares during the period. Clear Street Group Inc. lifted its holdings in CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after buying an additional 1,692,916 shares during the period. Finally, Deutsche Bank AG grew its position in shares of CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after buying an additional 3,796,077 shares during the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Oppenheimer initiated or reiterated a Buy view on CoreWeave, adding to a series of favorable analyst opinions. William Blair also began coverage with an Outperform rating, while Jefferies said capacity constraints and demand visibility extending toward 2028 support its bullish case. CoreWeave Gets a Buy from Oppenheimer
• Positive Sentiment: UBS expects the AI-infrastructure market to remain strong, reinforcing the demand outlook for CoreWeave’s GPU-cloud and data-center services. UBS Sees AI Infrastructure Market Staying Hot
• Positive Sentiment: CoreWeave is expanding beyond traditional GPU rentals through NVIDIA Vera and Vera Rubin systems, its Forge AI-development environment and a new Partner Network. The initiatives target agentic AI, inference and enterprise workloads, potentially broadening revenue sources and customer reach. CoreWeave’s Vera Rubin Push
• Positive Sentiment: A new partner ecosystem and a clinical-AI deployment with Ennoble Care could help CoreWeave expand its customer base and showcase inference applications. CoreWeave Partner Network and AI Deals
• Neutral Sentiment: The bullish case emphasizes CoreWeave’s sizable backlog and rapid revenue growth, but the company is spending heavily to build capacity and relies substantially on debt and long-term leases.
• Negative Sentiment: Valuation concerns remain significant: investors must account for GPU replacement costs, interest expense and depreciation rather than relying solely on EBITDA. Critics also warn that expanding compute supply could eventually pressure pricing and returns. What Is CoreWeave Worth After the Cost of Replacing Its GPUs?
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $26.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the transaction may still weigh on sentiment.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.