Jack Cogen Sells 100,000 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) Director Jack Cogen sold 100,000 shares of CoreWeave stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $103.77, for a total transaction of $10,377,000.00. Following the completion of the sale, the director owned 9,683,136 shares of the company’s stock, valued at $1,004,819,022.72. This trade represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

CoreWeave Stock Performance

CRWV stock traded up $2.67 during trading on Friday, reaching $109.53. The company had a trading volume of 27,894,151 shares, compared to its average volume of 27,963,178. The firm has a 50-day simple moving average of $102.09 and a 200-day simple moving average of $90.49. The company has a market cap of $49.02 billion, a price-to-earnings ratio of -35.22 and a beta of 7.84. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $187.00.

CoreWeave (NASDAQ:CRWV) last released 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). The company had revenue of $2.08 billion during the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm’s quarterly revenue was up 111.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.60) EPS. As a group, sell-side analysts expect that CoreWeave Inc. will post -4.58 earnings per share for the current year.

Hedge Funds Weigh In On CoreWeave

Large investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in shares of CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after buying an additional 91 shares in the last quarter. Pathway Wealth Management LLC grew its holdings in shares of CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after buying an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after buying an additional 119 shares in the last quarter. Finally, Chilton Capital Management LLC grew its holdings in shares of CoreWeave by 50.2% during the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after buying an additional 121 shares in the last quarter.

Analyst Ratings Changes

CRWV has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Cantor Fitzgerald lifted their price objective on shares of CoreWeave from $156.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Roth Mkm restated a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Evercore restated an “outperform” rating and set a $150.00 price objective on shares of CoreWeave in a research note on Wednesday, April 15th. Finally, Sanford C. Bernstein lifted their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a research note on Tuesday, April 14th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.63.

Key Stories 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

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.