CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 61,539 Shares

Key Points

• CoreWeave insider Brian Venturo sold 61,539 shares on June 3 at an average price of $112.51, totaling about $6.9 million. The sale reduced his ownership by 22.16%, and it was made under a pre-arranged Rule 10b5-1 trading plan.
• CRWV shares fell 7.1% to $100.39, even as trading volume ran above average. The stock is still well above its 50-day moving average, but the company carries elevated leverage and weak liquidity ratios.
• CoreWeave remains loss-making despite rapid revenue growth, reporting a wider-than-expected Q1 loss of $1.40 per share on $2.08 billion in revenue, with revenue up 111.6% year over year. Analysts still see upside potential, with a consensus rating of “Moderate Buy” and an average price target of $131.52.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Brian Venturo sold 61,539 shares of the company's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $112.51, for a total transaction of $6,923,752.89. Following the completion of the transaction, the insider owned 216,222 shares in the company, valued at approximately $24,327,137.22. This trade represents a 22.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Down 7.1%

NASDAQ:CRWV traded down $7.64 on Friday, reaching $100.39. The stock had a trading volume of 32,312,520 shares, compared to its average volume of 28,397,580. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The firm's fifty day moving average is $105.60 and its two-hundred day moving average is $91.52. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.17) by ($0.23). The firm had revenue of $2.08 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company's quarterly revenue was up 111.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.60) EPS. On average, analysts anticipate that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BNP Paribas initiated coverage on CoreWeave with an Outperform rating and a $192 price target, reinforcing the case that CRWV remains undervalued relative to its AI growth prospects. BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
• Positive Sentiment: One analysis argued CoreWeave is “underappreciated,” citing stronger near-term revenue visibility, a large backlog, and sold-out 2026 capacity versus peers, which may improve investor confidence in its execution. Nebius Isn't Expensive, But CoreWeave Is Underappreciated
• Positive Sentiment: CoreWeave expanded multi-year AI infrastructure deals with Anthropic and Meta, including a Meta contract extending to around 2032, which supports future revenue visibility and strengthens the company’s AI infrastructure story. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
• Positive Sentiment: CoreWeave is set to join the Russell 3000 Index, which could increase institutional ownership and trading interest in CRWV. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
• Neutral Sentiment: Several recent insider sales by the CEO, COO, and a major shareholder were disclosed under pre-arranged trading plans, so they do not necessarily signal a change in fundamentals, but they may still weigh on short-term sentiment. Magnetar Financial Llc Sells 112,111 Shares of CoreWeave NASDAQ: CRWV Stock
• Negative Sentiment: CoreWeave’s latest earnings showed a wider-than-expected loss, and the company remains unprofitable with a highly leveraged balance sheet, which keeps valuation and execution risk in focus for investors.

Institutional Trading of CoreWeave

A number of institutional investors and hedge funds have recently bought and sold shares of CRWV. Vanguard Group Inc. increased its position in 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 purchasing an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC increased its position in 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 purchasing an additional 17,847,760 shares in the last quarter. Deutsche Bank AG grew its position in CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock valued at $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP acquired a new stake in CoreWeave in the fourth quarter valued at approximately $230,099,000. Finally, Alyeska Investment Group L.P. grew its position 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 acquiring an additional 3,000,000 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CRWV. Mizuho increased their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. Needham & Company LLC reiterated a "hold" rating on shares of CoreWeave in a report on Friday, February 27th. DA Davidson reiterated a "neutral" rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Jefferies Financial Group increased their price objective on shares of CoreWeave from $120.00 to $160.00 and gave the stock a "buy" rating in a report on Monday, May 4th. Finally, Barclays increased their target price on shares of CoreWeave from $106.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Monday, May 11th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, CoreWeave currently has an average rating of "Moderate Buy" and an average price target of $131.52.

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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