CoreWeave (NASDAQ:CRWV) COO Sells $1,253,160.72 in Stock

Key Points

• CoreWeave COO Sachin Jain sold 13,608 shares at an average price of $92.09, generating $1.25 million. The sale covered tax-withholding obligations tied to vested equity awards and reduced his holdings by 8.43% to 147,785 shares.
• CoreWeave shares recently traded near $90, within a 12-month range of $60.55 to $153.20. The company carries significant leverage, with a debt-to-equity ratio of 3.68, while continuing to report losses as it invests heavily in AI data-center capacity.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $136.82 price target. Growth is supported by strong AI demand, a reported backlog of roughly $104 billion, and revenue guidance that exceeded near-term expectations.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) COO Sachin Jain sold 13,608 shares of CoreWeave stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $92.09, for a total value of $1,253,160.72. Following the transaction, the chief operating officer owned 147,785 shares of the company's stock, valued at $13,609,520.65. The trade was a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, June 30th, Sachin Jain sold 3 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $287.07.
• On Monday, June 1st, Sachin Jain sold 3,798 shares of CoreWeave stock. The stock was sold at an average price of $120.00, for a total value of $455,760.00.
• On Thursday, May 28th, Sachin Jain sold 898 shares of CoreWeave stock. The stock was sold at an average price of $110.00, for a total value of $98,780.00.
• 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 value of $636,552.14.

CoreWeave Price Performance

CRWV traded up $2.13 on Tuesday, reaching $90.32. 43,954,568 shares of the company's stock were exchanged, compared to its average volume of 26,826,040. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The stock's fifty day moving average price is $90.50 and its 200-day moving average price is $94.73. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20.

Institutional Trading of CoreWeave

Several hedge funds have recently made changes to their positions in CRWV. Cornerstone Planning Group LLC increased its position in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock worth $25,000 after acquiring an additional 251 shares during the period. Cullen Frost Bankers Inc. raised its holdings in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after acquiring an additional 121 shares in the last quarter. Greenline Wealth Management LLC purchased a new position in CoreWeave in the fourth quarter worth approximately $28,000. Essential Partners LLC purchased a new position in CoreWeave in the second quarter worth approximately $30,000. Finally, Peterson Wealth Services grew its holdings in CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company's stock worth $31,000 after acquiring an additional 245 shares in the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue and earnings beat expectations: CoreWeave reported a quarterly loss that was better than consensus estimates and exceeded revenue forecasts, easing concerns about the company’s ability to convert AI demand into financial results. CoreWeave Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: AI demand remains robust: Management highlighted accelerating demand for computing capacity, including business with Anthropic and Meta. CoreWeave’s reported order backlog reached roughly $104 billion, supporting expectations for significant future growth. CoreWeave Reports New Revenue High of $2.6 Billion as Sales Backlog Grows
• Positive Sentiment: Near-term revenue guidance topped expectations: Third-quarter revenue guidance of $3.5 billion to $3.6 billion was above the approximately $3.4 billion analyst consensus, reinforcing the company’s strong growth outlook.
• Positive Sentiment: Storage access supports expansion: A deal with Solidigm provides priority access to SSDs, helping CoreWeave address storage requirements as it expands its AI cloud infrastructure. CoreWeave’s Solidigm Deal
• Neutral Sentiment: Analyst views remain mixed: JPMorgan raised its price target to $110 but maintained a Neutral rating, while Jefferies reiterated a Buy rating and a $150 target. Shares are also consolidating near technical resistance around $92.
• Negative Sentiment: Profitability and financing remain risks: CoreWeave continues to post substantial losses and negative margins while investing heavily in data centers. Analysts expect a meaningful profitability improvement to remain several months away, and the company’s high leverage increases execution and financing risks.
• Negative Sentiment: Full-year outlook was less decisive: Fiscal 2026 revenue guidance of $12.4 billion to $13.2 billion brackets consensus near $12.6 billion, but its midpoint is slightly below expectations. Investors will continue watching whether capacity additions and spending can keep pace with the large backlog.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CRWV. Piper Sandler initiated coverage on shares of CoreWeave in a research note on Monday, August 3rd. They set an "overweight" rating and a $151.00 target price on the stock. Sanford C. Bernstein began coverage on CoreWeave in a research report on Wednesday, July 22nd. They issued an "outperform" rating on the stock. Raymond James Financial cut CoreWeave from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Rosenblatt Securities reissued a "buy" rating and set a $250.00 price objective on shares of CoreWeave in a research report on Wednesday, August 5th. Finally, BNP Paribas Exane assumed coverage on shares of CoreWeave in a report on Tuesday, June 2nd. They issued an "outperform" rating and a $192.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus price target of $136.82.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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