CoreWeave (NASDAQ:CRWV) COO Sells $636,552.14 in Stock

Key Points

• CoreWeave COO Sachin Jain sold 6,377 shares on May 20 for about $636,552 at an average price of $99.82. The filing says the sale was made to cover tax withholding tied to vesting equity awards, and he still holds 132,325 shares.
• Jain has been a frequent seller recently, with multiple additional stock sales in early May and April. Across those transactions, the prices ranged from $92 to $131.13, adding to the recent insider selling trend.
• CoreWeave’s stock remains volatile amid mixed fundamentals: shares fell to $105.49 in Friday trading, while the company continues to post strong revenue growth but still reported a quarterly loss and missed EPS expectations. Analysts currently rate the stock a consensus Moderate Buy with a target price around $129.63.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) COO Sachin Jain sold 6,377 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $99.82, for a total transaction of $636,552.14. Following the sale, the chief operating officer owned 132,325 shares of the company's stock, valued at $13,208,681.50. This trade represents a 4.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 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 CoreWeave stock traded down $2.09 during mid-day trading on Friday, reaching $105.49. 19,860,247 shares of the stock were exchanged, compared to its average volume of 29,885,526. The company has a market cap of $47.21 billion, a price-to-earnings ratio of -33.92 and a beta of 7.84. 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 firm has a 50-day simple moving average of $100.22 and a 200 day simple moving average of $90.88. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm's revenue was up 110.4% on a year-over-year basis. On average, sell-side analysts predict that CoreWeave Inc. will post -4.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC boosted its stake in CoreWeave by 272.8% during the 4th 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 last quarter. KERR FINANCIAL PLANNING Corp bought a new position in CoreWeave during the 3rd quarter worth approximately $27,000. Aspect Partners LLC bought a new position in CoreWeave during the 3rd quarter worth approximately $28,000. Cullen Frost Bankers Inc. boosted its stake in CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock worth $28,000 after acquiring an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new position in CoreWeave during the 4th quarter worth approximately $28,000.

Wall Street Analysts Forecast Growth

CRWV has been the subject of several research reports. JPMorgan Chase & Co. raised their price objective on shares of CoreWeave from $90.00 to $105.00 and gave the company a "neutral" rating in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $135.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. Truist Financial raised their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a "hold" rating in a research report on Friday, May 8th. Needham & Company LLC restated a "hold" rating on shares of CoreWeave in a research report on Friday, February 27th. Finally, Sanford C. Bernstein raised their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the company an "underperform" rating in a research report on Tuesday, April 14th. Nineteen investment 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's stock. According to data from MarketBeat, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.63.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
• Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
• Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
• Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock

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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