CoreWeave (NASDAQ:CRWV) CEO Sells $17,836,000.00 in Stock

Key Points

• CEO Michael Intrator sold 200,000 CoreWeave shares for approximately $17.84 million at an average price of $89.18 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 9.63% to 1.88 million shares.
• CoreWeave reported strong quarterly growth, with revenue rising 112.5% year over year to $2.58 billion and its loss per share narrower than analysts expected. The company also provided upbeat third-quarter revenue guidance and reported more than $100 billion in contracted revenue.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $140.06, but investors face risks from the company’s ongoing losses, high leverage, low liquidity and planned capital expenditures of $35 billion to $39 billion.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CEO Michael Intrator sold 200,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $89.18, for a total transaction of $17,836,000.00. Following the transaction, the chief executive officer owned 1,876,815 shares in the company, valued at $167,374,361.70. This represents a 9.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Price Performance

Shares of CRWV traded down $1.44 during midday trading on Thursday, reaching $106.29. The stock had a trading volume of 50,462,481 shares, compared to its average volume of 28,849,217. The firm's 50 day moving average price is $90.43 and its 200-day moving average price is $94.85. The company has a market capitalization of $47.57 billion, a P/E ratio of -29.12 and a beta of 7.44. CoreWeave Inc. has a 52 week low of $60.55 and a 52 week high of $153.20. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating 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 51.06%. The company had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company posted ($0.27) earnings per share. CoreWeave's revenue was up 112.5% compared to the same quarter last year. On average, analysts forecast that CoreWeave Inc. will post -4.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CRWV has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a research note on Tuesday. Robert W. Baird boosted their price target on CoreWeave from $100.00 to $130.00 and gave the company an "outperform" rating in a research note on Wednesday. Citigroup lowered their target price on shares of CoreWeave from $158.00 to $142.00 and set a "buy" rating on the stock in a research report on Wednesday, August 5th. UBS Group reissued an "underperform" rating on shares of CoreWeave in a research report on Wednesday. Finally, Cantor Fitzgerald set a $176.00 price objective on CoreWeave and gave the stock an "overweight" rating in a research report on Wednesday. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $140.06.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Strong Q2 results: Revenue more than doubled year over year to approximately $2.58 billion, exceeding expectations, while the adjusted loss per share was narrower than forecast. Management also raised its near-term outlook, with third-quarter revenue guidance of $3.5 billion to $3.6 billion above consensus. CoreWeave rallies on upbeat Q2 results
• Positive Sentiment: Backlog and commitments surged: CoreWeave reported roughly $104.2 billion of contracted revenue and more than $25 billion in new commitments, reinforcing confidence that demand for GPU cloud capacity remains well ahead of supply. CoreWeave contracted revenue and market value
• Positive Sentiment: AI spending concerns eased: CoreWeave’s results, alongside earnings from Nebius and Super Micro Computer, suggested that demand for AI computing power remains robust rather than showing signs of an imminent bubble. Analysts also highlighted durable demand for older Nvidia GPUs and potential expansion into defense AI and international data centers. Companies deliver a reality check on AI bubble fears
• Neutral Sentiment: Analysts remain broadly bullish but divided: Several firms raised price targets, including Cantor Fitzgerald, Baird and Rosenblatt, while technical analysts see additional upside. However, some analysts maintain neutral ratings and caution that the stock’s valuation already reflects significant future growth.
• Negative Sentiment: Capital intensity and debt remain key risks: CoreWeave increased its 2026 capital-expenditure plan to $35 billion-$39 billion. Its debt-to-equity ratio is 3.68, liquidity ratios are low, and the company remains unprofitable. Investors are questioning whether backlog growth will generate sufficient cash flow to justify the spending. CoreWeave capital expenditure plan
• Negative Sentiment: Profit-taking and insider selling add pressure: The pullback follows the sharp earnings-driven increase, as traders lock in gains. COO Sachin Jain and co-founder Brannin McBee also sold shares under pre-arranged plans, although Jain’s transaction was related to tax withholding.

Institutional Trading of CoreWeave

A number of large investors have recently bought and sold shares of CRWV. Vanguard Group Inc. raised its stake in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after acquiring an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company's stock valued at $2,443,013,000 after acquiring an additional 17,847,760 shares during the last quarter. Bank of America Corp DE grew its position in shares of CoreWeave by 13.1% during 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. raised its position in shares of CoreWeave by 57.2% during the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company's stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company's stock valued at $286,440,000 after purchasing an additional 3,000,000 shares during 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.

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