CoreWeave (NASDAQ:CRWV) Trading Down 1.6% on Insider Selling

CoreWeave Inc. (NASDAQ:CRWV)’s share price fell 1.6% during mid-day trading on Wednesday after an insider sold shares in the company. The company traded as low as $114.90 and last traded at $115.21. Approximately 25,761,816 shares were traded during mid-day trading, a decline of 9% from the average session volume of 28,251,025 shares. The stock had previously closed at $117.03.

Specifically, EVP Chen Goldberg sold 5,541 shares of CoreWeave stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $107.29, for a total transaction of $594,493.89. Following the sale, the executive vice president owned 59,368 shares of the company’s stock, valued at approximately $6,369,592.72. This trade represents a 8.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 53,500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $107.30, for a total value of $5,740,550.00. Following the completion of the transaction, the insider directly owned 402,852 shares in the company, valued at approximately $43,226,019.60. This represents a 11.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other CoreWeave news, insider Brannin Mcbee sold 144,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $107.30, for a total value of $15,451,200.00. Following the completion of the transaction, the insider directly owned 258,852 shares in the company, valued at $27,774,819.60. This represents a 35.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Roth Mkm reiterated a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. Evercore restated an “outperform” rating and set a $150.00 target price on shares of CoreWeave in a research report on Wednesday, April 15th. JPMorgan Chase & Co. upped their target price on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Finally, BNP Paribas Exane began coverage on shares of CoreWeave in a report on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price target on the stock. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and an average price target of $131.52.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is set to join the Nasdaq-100, which can drive index-related buying and has helped fuel strong recent momentum in CRWV. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
• Positive Sentiment: The company reported record MLPerf training results, reinforcing its standing as a leading AI infrastructure provider and supporting the growth narrative. CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
• Positive Sentiment: Coverage around a roughly $32 billion increase in CoreWeave’s AI backlog is feeding expectations for strong demand and future revenue visibility. CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
• Neutral Sentiment: Multiple executives, including CFO Nitin Agrawal and CEO Michael Intrator, sold shares, but the transactions were disclosed as part of pre-arranged 10b5-1 trading plans, making them less alarming than discretionary selling. SEC filing for Nitin Agrawal sale
• Neutral Sentiment: Analysts continue to highlight CoreWeave’s aggressive 2026 capex plans, which underscore strong demand but also raise questions about financing, leverage, and execution risk. CoreWeave Guides $31-$35B Capex for 2026: Fuel or Financial Strain?
• Negative Sentiment: Broader skepticism about the AI capex boom and comparisons to the dot-com era could weigh on sentiment for AI infrastructure names like CRWV if risk appetite fades. Legendary Short Seller Jim Chanos Issues Dire Prediction

CoreWeave Stock Performance

The firm has a market cap of $52.79 billion, a P/E 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. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $2.08 billion for the quarter. During the same period in the prior year, the company earned ($0.60) EPS. The business’s revenue was up 111.6% on a year-over-year basis. On average, equities research analysts expect that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently bought and sold shares of CRWV. Parallel Advisors LLC increased its holdings in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after buying an additional 91 shares during the last quarter. Pathway Wealth Management LLC lifted its holdings in shares of CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after acquiring an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after acquiring an additional 104 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after acquiring an additional 119 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after acquiring an additional 121 shares in the last quarter.

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.