Insider Selling: CoreWeave (NASDAQ:CRWV) COO Sells 898 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 898 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $110.00, for a total transaction of $98,780.00. Following the completion of the transaction, the chief operating officer owned 131,427 shares of the company’s stock, valued at approximately $14,456,970. The trade was a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sachin Jain also recently made the following trade(s):

• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total transaction of $636,552.14.
• On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The stock was sold at an average price of $118.61, for a total transaction of $1,749,497.50.
• On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The stock was sold at an average price of $131.13, for a total transaction of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $120.00, for a total transaction of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The stock was sold at an average price of $105.00, for a total transaction of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total transaction of $363,676.00.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded up $2.67 during midday trading on Friday, reaching $109.53. 27,993,504 shares of the company were exchanged, compared to its average volume of 27,963,178. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The business’s fifty day moving average is $102.09 and its two-hundred day moving average is $90.49. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The stock has a market cap of $49.02 billion, a PE ratio of -35.22 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $2.08 billion for the quarter. During the same period last year, the company posted ($0.60) EPS. The business’s revenue was up 111.6% compared to the same quarter last year. As a group, analysts predict that CoreWeave Inc. will post -4.58 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have commented on CRWV. 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. Barclays increased their price objective on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. DA Davidson reiterated a “neutral” rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Sanford C. Bernstein raised their target price on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a report on Tuesday, April 14th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $129.63.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after buying an additional 20,487,478 shares during the period. Proficio Capital Partners LLC increased its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares during the period. Bank of America Corp DE increased its stake 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. increased its stake 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, Alyeska Investment Group L.P. increased its stake in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after buying an additional 3,000,000 shares during the period.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave unveiled new unified agentic AI capabilities that link training and inference in a closed loop, which could deepen its role in AI infrastructure and support longer-term growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Analysts continue to see upside potential, with several firms maintaining bullish views and 24/7 Wall St. arguing CoreWeave could be worth significantly more over the next year if AI demand stays strong. Price Prediction: CoreWeave Stock Could Triple by 2030
• Positive Sentiment: CoreWeave’s backlog was reported near $100 billion, suggesting a large pipeline of contracted future revenue as AI cloud demand expands. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Neutral Sentiment: The company will present at the BofA Securities Global Technology Conference on June 3, giving management a chance to reinforce its AI growth narrative and answer investor questions. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Neutral Sentiment: Wall Street sentiment remains mixed overall: some firms have raised targets, while others remain cautious, keeping the stock highly dependent on execution and cash-flow progress. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Negative Sentiment: Heavy insider selling is a drag on sentiment, including sales by Director Jack Cogen and CEO Michael Intrator, which may make investors more cautious about near-term valuation. SEC filing for director sale
• Negative Sentiment: Recent coverage also highlighted CoreWeave’s large quarterly loss and balance-sheet strain from heavy capital spending, a reminder that growth is still coming with significant profitability and financing risks. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion. Welcome to the AI Economy

CoreWeave Company Profile

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.