CoreWeave (NASDAQ:CRWV) EVP Chen Goldberg Sells 14,168 Shares

Key Points

• CoreWeave EVP Chen Goldberg sold 14,168 shares on May 20 at an average price of $100.34, totaling about $1.42 million. The sale was made under a pre-arranged 10b5-1 plan to cover tax withholding tied to vesting equity awards.
• Goldberg has been actively selling shares recently, including additional sales on May 5, April 27, April 8, and March 31. After the latest transaction, their direct ownership fell 17.92% to 64,909 shares.
• CoreWeave remains a high-volatility AI infrastructure stock, with shares recently trading around $105.49 and analysts maintaining a mixed but generally bullish outlook. Wall Street’s consensus rating is “Moderate Buy,” with a consensus price target of $129.63.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) EVP Chen Goldberg sold 14,168 shares of CoreWeave stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $100.34, for a total value of $1,421,617.12. Following the completion of the transaction, the executive vice president directly owned 64,909 shares of the company's stock, valued at $6,512,969.06. This represents a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Chen Goldberg also recently made the following trade(s):

• On Tuesday, May 5th, Chen Goldberg sold 19,222 shares of CoreWeave stock. The shares were sold at an average price of $125.00, for a total value of $2,402,750.00.
• On Monday, April 27th, Chen Goldberg sold 4,879 shares of CoreWeave stock. The shares were sold at an average price of $109.00, for a total value of $531,811.00.
• On Wednesday, April 8th, Chen Goldberg sold 9,757 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total value of $897,644.00.
• On Tuesday, March 31st, Chen Goldberg sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total value of $1,184.80.

CoreWeave Price Performance

Shares of CoreWeave stock traded down $2.09 during trading on Friday, reaching $105.49. The company's stock had a trading volume of 19,860,247 shares, compared to its average volume of 29,885,526. The stock has a market capitalization of $47.21 billion, a P/E ratio of -33.92 and a beta of 7.84. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. 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 stock has a 50-day moving average price of $100.22 and a two-hundred day moving average price of $90.88.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate 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%.CoreWeave's revenue was up 110.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that CoreWeave Inc. will post -4.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CRWV. Truist Financial boosted their price objective on CoreWeave from $85.00 to $131.00 and gave the stock a "hold" rating in a report on Friday, May 8th. Wells Fargo & Company boosted their price objective on CoreWeave from $135.00 to $155.00 and gave the stock an "overweight" rating in a report on Friday, May 8th. Cantor Fitzgerald boosted their price objective on CoreWeave from $156.00 to $167.00 and gave the stock an "overweight" rating in a report on Monday, May 11th. Weiss Ratings reissued a "sell (e+)" rating on shares of CoreWeave in a report on Monday, May 4th. Finally, Oppenheimer boosted their price objective on CoreWeave from $140.00 to $150.00 and gave the stock an "outperform" rating in a report on Wednesday, April 29th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, CoreWeave presently has an average rating of "Moderate Buy" and a consensus target price of $129.63.

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of CoreWeave by 275.6% during 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 grew its position in shares of CoreWeave by 446,194.0% during 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 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. grew 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 worth $333,260,000 after buying an additional 1,692,916 shares during the period. Finally, Alyeska Investment Group L.P. grew its position in shares of CoreWeave by 300.0% during 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.

CoreWeave News Roundup

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

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.

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